Settings8H · net · $10k
Funding arb · Price arb /

PENDLE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Paradex−0.045%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.045% cheaper against Paradex than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex PENDLE-USD-PERP2.50340.0100pay 0.0100% / 8h6h 09m$35K$16K10x
ShortBitget PENDLEUSDT2.50230.0100get 0.0100% / 8h6h 09m$3.8M$2.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Paradex. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.045% → 0.000%
−$4.46
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$20.46
Costs to cover
0.160%
Break-even
52549101.6 days
Slippage unknown: Paradex: no order-book sample; Bitget: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell Bitget live order book, 3 min ago4.39 bp20.4 bp −$2038.0 bp −$380doesn't fitdoesn't fit
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PENDLE on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective PENDLE/USDC PERP−0.4742%1h2.4870−0.656%$2K$54K5.5xas long as short
Deribit PENDLE_USDC-PERPETUAL−0.0587%1h2.5077+0.171%$26K$14K10xas long as short
Extended PENDLE-USD−0.0136%1h2.5016−0.071%$163K$570K10xas long as short
Binance PENDLEUSDT−0.0133%8h2.5040+0.023%$26.9M$43.4M75xas long as short
MEXC PENDLE_USDT−0.0132%8h2.5043+0.035%$17.3M$1.8M125xas long as short
GRVT PENDLE_USDT_Perp−0.0121%8h2.5086+0.208%$422K$1.7M10xas long as short
ApeX Omni PENDLEUSDT−0.0097%1h2.5098+0.255%$77K$236K50xas long as short
Gate PENDLE_USDT−0.0081%8h2.5050+0.063%$757K$1.2M75xas long as short
Variational Omni PENDLE−0.0044%8h2.5046+0.046%$612K$1.8Mas long as short
Aster PENDLEUSDT−0.0042%8h2.5078+0.175%$50K$181K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_PENDLE_USDC−0.0038%8h2.5045+0.043%$20K$16K10xas long as short
Bybit PENDLEUSDT−0.0014%8h2.5030−0.017%$15.2M$12.0M50xas long as short
dYdX PENDLE-USD0.0000%1h2.5084+0.199%$11K5xas long as short
Aevo PENDLE-PERP+0.0048%1h2.5048+0.053%$26K3xas long as short
Reya PENDLERUSDPERP+0.0056%1h2.5058+0.093%$4K15xas long as short
Lighter PENDLE+0.0096%1h2.5044+0.039%$533K$416K5xas long as short
Paradex PENDLE-USD-PERPlong+0.0100%8h2.5034long leg$35K$16K10x
Hyperliquid PENDLE+0.0100%1h2.5058+0.095%$12.9M$6.3M5xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h2.5010−0.097%$3.2M$6.1M50xas long as short
KuCoin PENDLEUSDTM+0.0100%8h2.5037+0.011%$865K$593K50xas long as short
Bitget PENDLEUSDTshort+0.0100%8h2.5023−0.045%$3.8M$2.5M75x
BingX PENDLE-USDT+0.0100%8h2.5019−0.061%$33.6Mas long as short
edgeX PENDLEUSDC+0.0100%4h2.5068+0.135%$25K$378K10xas long as short
Polymarket Perps PENDLE-USD+0.0100%1h2.5074+0.159%$16K$20K5xas long as short
SunX PENDLE-USDT+0.0100%8h2.5059+0.099%$2K$1.8M20xas long as short
GMX PENDLE/USD [PENDLE-USDC]L +0.0158% / S −0.0256%1h2.5064+0.119%$7K100xas long as short
Backpack PENDLE_USDC_PERP+0.0393%1h2.5103+0.275%$352K$481K15xas long as short
Coinbase International PENDLE-PERP-INTX+0.0632%1h2.5260+0.902%$145K$473K25xas long as short
Kraken Futures PF_PENDLEUSD+0.0868%1h2.5112+0.312%$117K$289K20xas long as short