PENDLE

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.06 per $10,000 · paid last 24h +0.009%

Price spread now: Paradex against Aster−0.087%49s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Paradex

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · Paradex: 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: Paradex is 0.087% cheaper against Aster than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PENDLEUSDT	2.4296	0.0094	pay 0.0094% / 8h	7h 47m	$47K	$168K	10x
Short	Paradex PENDLE-USD-PERP	2.4275	0.0100	get 0.0100% / 8h	7h 47m	$34K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee ParadexbpOrdersPrice spread, now −0.087%Rate

Funding earned: $1.3
Price spread: −0.087% → 0.000%: −$8.74
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$19.44
Costs to cover: 0.120%
Break-even: 111.9 days

Slippage unknown: Aster: live order book, 49 min ago; Paradex: no order-book sample. 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 Aster live order book, 49 min ago	3.71 bp	208.2 bp −$208	doesn't fit	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

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 30 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	−0.3627%	1h	2.4010	−1.178%	$2K	$54K	5.5x	as long as short
GRVT PENDLE_USDT_Perp	−0.0825%	8h	2.4256	−0.167%	$406K	$2.6M	10x	as long as short
ApeX Omni PENDLEUSDT	−0.0183%	1h	2.4242	−0.223%	$74K	$232K	50x	as long as short
Deribit PENDLE_USDC-PERPETUAL	−0.0079%	1h	2.4303	+0.028%	$25K	$16K	10x	as long as short
BloFin PENDLE-USDT	−0.0030%	8h	2.4300	+0.015%	$1.1M	$505K	75x	as long as short
Extended PENDLE-USD	−0.0024%	1h	2.4310	+0.058%	$156K	$924K	10x	as long as short
Binance PENDLEUSDT	−0.0022%	8h	2.4301	+0.019%	$25.4M	$45.9M	75x	as long as short
MEXC PENDLE_USDT	−0.0019%	8h	2.4301	+0.019%	$18.0M	$2.1M	125x	as long as short
Orderly PERP_PENDLE_USDC	−0.0014%	8h	2.4299	+0.011%	$18K	$15K	10x	as long as short
Gate PENDLE_USDT	−0.0008%	8h	2.4310	+0.056%	$769K	$990K	75x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX PENDLE-USD	0.0000%	1h	2.4321	+0.101%	$10K	—	5x	as long as short
Aevo PENDLE-PERP	+0.0080%	1h	2.4299	+0.013%	$25K	—	3x	as long as short
Reya PENDLERUSDPERP	+0.0087%	1h	2.4310	+0.057%	$3K	—	15x	as long as short
Aster PENDLEUSDTlong	+0.0094%	8h	2.4296	long leg	$47K	$168K	10x
Lighter PENDLE	+0.0096%	1h	2.4306	+0.040%	$523K	$429K	5x	as long as short
Paradex PENDLE-USD-PERPshort	+0.0100%	8h	2.4275	−0.087%	$34K	$3K	10x
Hyperliquid PENDLE	+0.0100%	1h	2.4344	+0.196%	$12.7M	$6.1M	5x	as long as short
Bybit PENDLEUSDT	+0.0100%	8h	2.4300	+0.015%	$14.1M	$12.0M	50x	as long as short
OKX PENDLE-USDT-SWAP	+0.0100%	4h	2.4310	+0.056%	$3.1M	$6.7M	50x	as long as short
KuCoin PENDLEUSDTM	+0.0100%	8h	2.4305	+0.036%	$688K	$608K	50x	as long as short
Bitget PENDLEUSDT	+0.0100%	8h	2.4327	+0.126%	$3.8M	$2.4M	75x	as long as short
BingX PENDLE-USDT	+0.0100%	8h	2.4308	+0.048%	—	$8.2M	—	as long as short
Variational Omni PENDLE	+0.0100%	8h	2.4281	−0.063%	$565K	$1.2M	—	as long as short
edgeX PENDLEUSDC	+0.0100%	4h	2.4251	−0.185%	$24K	$368K	10x	as long as short
Polymarket Perps PENDLE-USD	+0.0100%	1h	2.4320	+0.098%	$16K	$4K	5x	as long as short
SunX PENDLE-USDT	+0.0100%	8h	2.4325	+0.118%	$2K	$1.8M	20x	as long as short
GMX PENDLE/USD [PENDLE-USDC]	L +0.0196% / S −0.0222%	1h	2.4312	+0.064%	$5K	—	100x	as long as short
Coinbase International PENDLE-PERP-INTX	+0.0664%	1h	2.4450	+0.633%	$164K	$518K	25x	as long as short
Backpack PENDLE_USDC_PERP	+0.0869%	1h	2.4353	+0.233%	$359K	$432K	15x	as long as short
Kraken Futures PF_PENDLEUSD	+0.1274%	1h	2.4359	+0.256%	$116K	$258K	20x	as long as short