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

PENDLE

all PENDLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h −0.004%
Price spread now: Aevo against Paradex+0.008%7-day average · you sell dearer than you buy
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex PENDLE-USD-PERP2.42350.0100pay 0.0100% / 8h7h 35m$34K$3K10x
ShortAevo PENDLE-PERP2.42360.0064get 0.0008% / 1h35m 36s$25K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo 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
−$7.56
Price spread: +0.008% → 0.000%
$0.79
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$26.77
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Aevo: 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
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell Aevo no order-book sample
Paradex and Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective PENDLE/USDC PERP−0.3627%1h2.3970−1.092%$2K$55K5.5xas long as short
GRVT PENDLE_USDT_Perp−0.0939%8h2.4236+0.006%$408K$2.6M10xas long as short
Gate PENDLE_USDT−0.0269%8h2.4260+0.105%$769K$991K75xas long as short
Deribit PENDLE_USDC-PERPETUAL−0.0245%1h2.4242+0.031%$25K$16K10xas long as short
BloFin PENDLE-USDT−0.0088%8h2.4245+0.043%$1.1M$504K75xas long as short
Binance PENDLEUSDT−0.0081%8h2.4242+0.032%$25.4M$45.9M75xas long as short
MEXC PENDLE_USDT−0.0073%8h2.4245+0.043%$18.0M$2.1M125xas long as short
Extended PENDLE-USD−0.0072%1h2.4237+0.011%$156K$924K10xas long as short
ApeX Omni PENDLEUSDT−0.0023%1h2.4255+0.084%$74K$231K50xas long as short
Orderly PERP_PENDLE_USDC−0.0014%8h2.4240+0.022%$18K$15K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PENDLE-USD0.0000%1h2.4273+0.159%$10K5xas long as short
Bybit PENDLEUSDT+0.0011%8h2.4238+0.014%$14.0M$11.9M50xas long as short
Aster PENDLEUSDT+0.0030%8h2.4269+0.142%$47K$168K10xas long as short
Aevo PENDLE-PERPshort+0.0064%1h2.4236+0.008%$25K3x
Reya PENDLERUSDPERP+0.0088%1h2.4246+0.047%$3K15xas long as short
Lighter PENDLE+0.0096%1h2.4249+0.059%$522K$429K5xas long as short
Paradex PENDLE-USD-PERPlong+0.0100%8h2.4235long leg$34K$3K10x
Hyperliquid PENDLE+0.0100%1h2.4278+0.179%$12.7M$6.0M5xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h2.4250+0.064%$3.1M$6.7M50xas long as short
KuCoin PENDLEUSDTM+0.0100%8h2.4252+0.072%$686K$599K50xas long as short
Bitget PENDLEUSDT+0.0100%8h2.4245+0.043%$3.8M$2.4M75xas long as short
BingX PENDLE-USDT+0.0100%8h2.4247+0.051%$8.3Mas long as short
Variational Omni PENDLE+0.0100%8h2.4226−0.035%$565K$1.2Mas long as short
edgeX PENDLEUSDC+0.0100%4h2.4231−0.014%$24K$368K10xas long as short
Polymarket Perps PENDLE-USD+0.0100%1h2.4250+0.064%$16K$4K5xas long as short
SunX PENDLE-USDT+0.0100%8h2.4276+0.171%$2K$1.8M20xas long as short
GMX PENDLE/USD [PENDLE-USDC]L +0.0196% / S −0.0222%1h2.4244+0.038%$5K100xas long as short
Coinbase International PENDLE-PERP-INTX+0.0664%1h2.4340+0.435%$163K$517K25xas long as short
Backpack PENDLE_USDC_PERP+0.0682%1h2.4297+0.258%$358K$432K15xas long as short
Kraken Futures PF_PENDLEUSD+0.1277%1h2.4298+0.262%$115K$253K20xas long as short