PENDLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.92 per $10,000 · paid last 24h −0.017%

Price spread now: Binance against Paradex−0.006%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Binance

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 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: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex PENDLE-USD-PERP	2.4392	0.0100	pay 0.0100% / 8h	2h 33m	$34K	$9K	10x
Short	Binance PENDLEUSDT	2.4390	0.0008	get 0.0008% / 8h	2h 33m	$25.7M	$44.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee ParadexbpFee BinancebpOrdersPrice spread, now −0.006%Rate

Funding earned: −$19.42
Price spread: −0.006% → 0.000%: −$0.58
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: −$34.01
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Binance: live order book, 9 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 Binance live order book, 9 min ago	0.82 bp	12.9 bp −$13	33.7 bp −$337	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 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	−0.3926%	1h	2.4150	−0.992%	$2K	$54K	5.5x	as long as short
Gate PENDLE_USDT	−0.0043%	8h	2.4400	+0.033%	$717K	$1.1M	75x	as long as short
Orderly PERP_PENDLE_USDC	−0.0035%	8h	2.4400	+0.033%	$19K	$15K	10x	as long as short
dYdX PENDLE-USD	0.0000%	1h	2.4414	+0.092%	$10K	—	5x	as long as short
Deribit PENDLE_USDC-PERPETUAL	0.0000%	1h	2.4401	+0.037%	$24K	$15K	10x	as long as short
BloFin PENDLE-USDT	+0.0003%	8h	2.4494	+0.419%	$1.1M	$602K	75x	as long as short
MEXC PENDLE_USDT	+0.0005%	8h	2.4401	+0.037%	$17.3M	$2.0M	125x	as long as short
Binance PENDLEUSDTshort	+0.0008%	8h	2.4390	−0.006%	$25.7M	$44.3M	75x
Extended PENDLE-USD	+0.0008%	1h	2.4384	−0.033%	$157K	$582K	10x	as long as short
Reya PENDLERUSDPERP	+0.0074%	1h	2.4404	+0.048%	$3K	—	15x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo PENDLE-PERP	+0.0080%	1h	2.4389	−0.012%	$26K	—	3x	as long as short
Lighter PENDLE	+0.0096%	1h	2.4409	+0.070%	$514K	$416K	5x	as long as short
Paradex PENDLE-USD-PERPlong	+0.0100%	8h	2.4392	long leg	$34K	$9K	10x
Hyperliquid PENDLE	+0.0100%	1h	2.4448	+0.230%	$12.6M	$6.1M	5x	as long as short
Aster PENDLEUSDT	+0.0100%	8h	2.4419	+0.111%	$46K	$171K	10x	as long as short
Bybit PENDLEUSDT	+0.0100%	8h	2.4380	−0.049%	$14.2M	$12.1M	50x	as long as short
OKX PENDLE-USDT-SWAP	+0.0100%	4h	2.4410	+0.074%	$3.1M	$6.4M	50x	as long as short
KuCoin PENDLEUSDTM	+0.0100%	8h	2.4422	+0.123%	$859K	$554K	50x	as long as short
Bitget PENDLEUSDT	+0.0100%	8h	2.4386	−0.024%	$3.6M	$2.3M	75x	as long as short
BingX PENDLE-USDT	+0.0100%	8h	2.4407	+0.062%	—	$8.4M	—	as long as short
Variational Omni PENDLE	+0.0100%	8h	2.4431	+0.161%	$549K	$1.4M	—	as long as short
edgeX PENDLEUSDC	+0.0100%	4h	2.4484	+0.377%	$24K	$375K	10x	as long as short
GRVT PENDLE_USDT_Perp	+0.0100%	8h	2.4445	+0.218%	$411K	$2.1M	10x	as long as short
ApeX Omni PENDLEUSDT	+0.0100%	1h	2.4493	+0.415%	$75K	$234K	50x	as long as short
Polymarket Perps PENDLE-USD	+0.0100%	1h	2.4424	+0.132%	$16K	$7K	5x	as long as short
SunX PENDLE-USDT	+0.0100%	8h	2.4411	+0.078%	$1K	$1.8M	20x	as long as short
GMX PENDLE/USD [PENDLE-USDC]	L +0.0196% / S −0.0222%	1h	2.4410	+0.074%	$5K	—	100x	as long as short
Coinbase International PENDLE-PERP-INTX	+0.0592%	1h	2.4540	+0.607%	$155K	$522K	25x	as long as short
Backpack PENDLE_USDC_PERP	+0.0672%	1h	2.4435	+0.177%	$354K	$401K	15x	as long as short
Kraken Futures PF_PENDLEUSD	+0.1194%	1h	2.4433	+0.169%	$114K	$262K	20x	as long as short