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
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex PENDLE-USD-PERP | 2.5034 | 0.0100 | pay 0.0100% / 8h | 6h 09m | $35K | $16K | 10x |
| Short | Bitget PENDLEUSDT | 2.5023 | 0.0100 | get 0.0100% / 8h | 6h 09m | $3.8M | $2.5M | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Paradex no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 3 min ago | 4.39 bp | 20.4 bp −$20 | 38.0 bp −$380 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −0.4742% | 1h | 2.4870 | −0.656% | $2K | $54K | 5.5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.0587% | 1h | 2.5077 | +0.171% | $26K | $14K | 10x | as long as short |
| Extended PENDLE-USD | −0.0136% | 1h | 2.5016 | −0.071% | $163K | $570K | 10x | as long as short |
| Binance PENDLEUSDT | −0.0133% | 8h | 2.5040 | +0.023% | $26.9M | $43.4M | 75x | as long as short |
| MEXC PENDLE_USDT | −0.0132% | 8h | 2.5043 | +0.035% | $17.3M | $1.8M | 125x | as long as short |
| GRVT PENDLE_USDT_Perp | −0.0121% | 8h | 2.5086 | +0.208% | $422K | $1.7M | 10x | as long as short |
| ApeX Omni PENDLEUSDT | −0.0097% | 1h | 2.5098 | +0.255% | $77K | $236K | 50x | as long as short |
| Gate PENDLE_USDT | −0.0081% | 8h | 2.5050 | +0.063% | $757K | $1.2M | 75x | as long as short |
| Variational Omni PENDLE | −0.0044% | 8h | 2.5046 | +0.046% | $612K | $1.8M | — | as long as short |
| Aster PENDLEUSDT | −0.0042% | 8h | 2.5078 | +0.175% | $50K | $181K | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_PENDLE_USDC | −0.0038% | 8h | 2.5045 | +0.043% | $20K | $16K | 10x | as long as short |
| Bybit PENDLEUSDT | −0.0014% | 8h | 2.5030 | −0.017% | $15.2M | $12.0M | 50x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.5084 | +0.199% | $11K | — | 5x | as long as short |
| Aevo PENDLE-PERP | +0.0048% | 1h | 2.5048 | +0.053% | $26K | — | 3x | as long as short |
| Reya PENDLERUSDPERP | +0.0056% | 1h | 2.5058 | +0.093% | $4K | — | 15x | as long as short |
| Lighter PENDLE | +0.0096% | 1h | 2.5044 | +0.039% | $533K | $416K | 5x | as long as short |
| Paradex PENDLE-USD-PERPlong | +0.0100% | 8h | 2.5034 | long leg | $35K | $16K | 10x | |
| Hyperliquid PENDLE | +0.0100% | 1h | 2.5058 | +0.095% | $12.9M | $6.3M | 5x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.5010 | −0.097% | $3.2M | $6.1M | 50x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.5037 | +0.011% | $865K | $593K | 50x | as long as short |
| Bitget PENDLEUSDTshort | +0.0100% | 8h | 2.5023 | −0.045% | $3.8M | $2.5M | 75x | |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.5019 | −0.061% | — | $33.6M | — | as long as short |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.5068 | +0.135% | $25K | $378K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.5074 | +0.159% | $16K | $20K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.5059 | +0.099% | $2K | $1.8M | 20x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0158% / S −0.0256% | 1h | 2.5064 | +0.119% | $7K | — | 100x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0393% | 1h | 2.5103 | +0.275% | $352K | $481K | 15x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0632% | 1h | 2.5260 | +0.902% | $145K | $473K | 25x | as long as short |
| Kraken Futures PF_PENDLEUSD | +0.0868% | 1h | 2.5112 | +0.312% | $117K | $289K | 20x | as long as short |
Paradex PENDLE-USD-PERP
Bitget PENDLEUSDT
Injective PENDLE/USDC PERP
Deribit PENDLE_USDC-PERPETUAL
Extended PENDLE-USD
Binance PENDLEUSDT
MEXC PENDLE_USDT
GRVT PENDLE_USDT_Perp
ApeX Omni PENDLEUSDT
Gate PENDLE_USDT
Variational Omni PENDLE
Aster PENDLEUSDT
Bybit PENDLEUSDT
Lighter PENDLE
Hyperliquid PENDLE
OKX PENDLE-USDT-SWAP
KuCoin PENDLEUSDTM
BingX PENDLE-USDT
edgeX PENDLEUSDC
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
GMX PENDLE/USD [PENDLE-USDC]
Backpack PENDLE_USDC_PERP
Coinbase International PENDLE-PERP-INTX
Kraken Futures PF_PENDLEUSD