data as of
Settings8H · net · $10k
Funding arb /

PENDLE

all PENDLE markets
SwapPrice view
Alert
Funding spread now, next payment 17:00 UTC−0.0100%/8h
paid, last 24h−0.030%paid, last 3 days−0.099%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex PENDLE-USD-PERP2.57730.0100pay 0.0100% / 8h7h 48m$36K$30K10x
ShortdYdX PENDLE-USD2.57650get 0.0000% / 1h48m 24s$11K5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$21
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$35
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; dYdX: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−0.031%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

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 dYdX no order-book sample
Paradex and 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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective PENDLE/USDC PERP−0.1875%1h$2K$6K5.5xas long as short
Variational Omni PENDLE−0.0278%8h$668K$2.4Mas long as short
Gate PENDLE_USDT−0.0206%8h$815K$1.1M75xas long as short
Bybit PENDLEUSDT−0.0134%8h$16.1M$11.9M50xas long as short
dYdX PENDLE-USDshort0.0000%1h$11K5x
Deribit PENDLE_USDC-PERPETUAL0.0000%1h$30K$11K10xas long as short
Aster PENDLEUSDT+0.0004%8h$52K$128K10xas long as short
Reya PENDLERUSDPERP+0.0010%1h$4K15xas long as short
Polymarket Perps PENDLE-USD+0.0022%1h$16K$49K5xas long as short
Orderly PERP_PENDLE_USDC+0.0055%8h$20K$5K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
ApeX Omni PENDLEUSDT+0.0066%1h$78K$236K50xas long as short
BloFin PENDLE-USDT+0.0084%8h$1.5M$854K75xas long as short
Lighter PENDLE+0.0096%1h$561K$349K5xas long as short
Paradex PENDLE-USD-PERPlong+0.0100%8h$36K$30K10x
Hyperliquid PENDLE+0.0100%1h$12.2M$5.3M5xas long as short
Binance PENDLEUSDT+0.0100%8h$28.7M$33.7M75xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h$3.2M$5.0M50xas long as short
MEXC PENDLE_USDT+0.0100%8h$16.7M$2.1M125xas long as short
KuCoin PENDLEUSDTM+0.0100%8h$959K$528K50xas long as short
Bitget PENDLEUSDT+0.0100%8h$3.9M$2.7M75xas long as short
BingX PENDLE-USDT+0.0100%8h$34.2Mas long as short
Backpack PENDLE_USDC_PERP+0.0100%1h$371K$454K15xas long as short
edgeX PENDLEUSDC+0.0100%4h$26K$416K10xas long as short
SunX PENDLE-USDT+0.0100%8h$2K$1.5M20xas long as short
Extended PENDLE-USD+0.0104%1h$169K$520K10xas long as short
Aevo PENDLE-PERP+0.0104%1h$27K3xas long as short
GMX PENDLE/USD [PENDLE-USDC]L +0.0200% / S −0.0272%1h$5K100xas long as short
Coinbase International PENDLE-PERP-INTX+0.0432%1h$119K$425K25xas long as short
Kraken Futures PF_PENDLEUSD+0.1751%1h$163K$232K20xas long as short