Funding you earn now, next payment 03:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h −0.021%
Price spread now: dYdX against Extended+0.078%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and dYdX is 0.078% dearer against Extended than usual: you sell high and buy low: +$8 more if the spread 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 | Extended PENDLE-USD | 2.4947 | −0.0128 | get 0.0016% / 1h | 56m 53s | $162K | $570K | 10x |
| Short | dYdX PENDLE-USD | 2.4967 | 0 | get 0.0000% / 1h | 56m 53s | $10K | — | 5x |
Extended PENDLE-USD
dYdX PENDLE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Extended. 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
- $26.88
- Price spread: +0.078% → 0.000%
- $7.84
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $19.72
- Costs to cover
- 0.150%
- Break-even
- 1.9 days
Slippage unknown: Extended: live order book, 6 min ago; dYdX: 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 Extended live order book, 6 min ago | 1.20 bp | 15.0 bp −$15 | 137.8 bp −$1,378 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | −0.4938% | 1h | 2.4720 | −0.912% | $2K | $54K | 5.5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.0511% | 1h | 2.4962 | +0.058% | $26K | $14K | 10x | as long as short |
| MEXC PENDLE_USDT | −0.0132% | 8h | 2.4973 | +0.102% | $17.3M | $1.8M | 125x | as long as short |
| Binance PENDLEUSDT | −0.0131% | 8h | 2.4987 | +0.157% | $26.8M | $42.8M | 75x | as long as short |
| Extended PENDLE-USDlong | −0.0128% | 1h | 2.4947 | long leg | $162K | $570K | 10x | |
| GRVT PENDLE_USDT_Perp | −0.0090% | 8h | 2.5027 | +0.318% | $413K | $1.7M | 10x | as long as short |
| ApeX Omni PENDLEUSDT | −0.0067% | 1h | 2.5028 | +0.323% | $76K | $235K | 50x | as long as short |
| Aster PENDLEUSDT | −0.0052% | 8h | 2.4969 | +0.087% | $50K | $181K | 10x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.0039% | 8h | 2.4954 | +0.026% | $19K | $15K | 10x | as long as short |
| Variational Omni PENDLE | −0.0037% | 8h | 2.5056 | +0.434% | $612K | $1.8M | — | as long as short |
Injective PENDLE/USDC PERP
Deribit PENDLE_USDC-PERPETUAL
MEXC PENDLE_USDT
Binance PENDLEUSDT
GRVT PENDLE_USDT_Perp
ApeX Omni PENDLEUSDT
Aster PENDLEUSDT
Orderly PERP_PENDLE_USDC
Variational Omni PENDLEShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate PENDLE_USDT | −0.0021% | 8h | 2.4940 | −0.030% | $754K | $1.1M | 75x | as long as short |
| dYdX PENDLE-USDshort | 0.0000% | 1h | 2.4967 | +0.078% | $10K | — | 5x | |
| Aevo PENDLE-PERP | +0.0048% | 1h | 2.4947 | 0.000% | $26K | — | 3x | as long as short |
| Reya PENDLERUSDPERP | +0.0057% | 1h | 2.4955 | +0.031% | $4K | — | 15x | as long as short |
| Bybit PENDLEUSDT | +0.0058% | 8h | 2.4982 | +0.138% | $15.1M | $11.9M | 50x | as long as short |
| Lighter PENDLE | +0.0096% | 1h | 2.4952 | +0.018% | $531K | $412K | 5x | as long as short |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.4932 | −0.062% | $35K | $15K | 10x | as long as short |
| Hyperliquid PENDLE | +0.0100% | 1h | 2.5041 | +0.375% | $12.8M | $6.3M | 5x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.4990 | +0.171% | $3.2M | $6.0M | 50x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.4958 | +0.042% | $858K | $585K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.4971 | +0.094% | $3.8M | $2.4M | 75x | as long as short |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.4971 | +0.094% | — | $33.6M | — | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0100% | 1h | 2.4994 | +0.187% | $349K | $429K | 15x | as long as short |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.5050 | +0.413% | $25K | $380K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.4974 | +0.106% | $16K | $8K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.4961 | +0.054% | $1K | $1.8M | 20x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0184% / S −0.0303% | 1h | 2.4981 | +0.135% | $7K | — | 100x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0552% | 1h | 2.5000 | +0.211% | $143K | $468K | 25x | as long as short |
| Kraken Futures PF_PENDLEUSD | +0.0749% | 1h | 2.5012 | +0.259% | $116K | $284K | 20x | as long as short |
Gate PENDLE_USDT
Aevo PENDLE-PERP
Reya PENDLERUSDPERP
Bybit PENDLEUSDT
Lighter PENDLE
Paradex PENDLE-USD-PERP
Hyperliquid PENDLE
OKX PENDLE-USDT-SWAP
KuCoin PENDLEUSDTM
Bitget PENDLEUSDT
BingX PENDLE-USDT
Backpack PENDLE_USDC_PERP
edgeX PENDLEUSDC
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
GMX PENDLE/USD [PENDLE-USDC]
Coinbase International PENDLE-PERP-INTX
Kraken Futures PF_PENDLEUSD