Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.059%
Price spread now: Variational Omni against Paradex−0.201%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 · Variational Omni: 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: Variational Omni is 0.201% cheaper against Paradex than usual: you would sell low and buy high, −$20 on $10k if it 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 | Paradex PENDLE-USD-PERP | 2.4480 | 0.0100 | pay 0.0100% / 8h | 2h 35m | $34K | $9K | 10x |
| Short | Variational Omni PENDLE | 2.4431 | 0.0100 | get 0.0100% / 8h | 2h 35m | $549K | $1.4M | — |
Paradex PENDLE-USD-PERP
Variational Omni PENDLEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Paradex. 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
- $0
- Price spread: −0.201% → 0.000%
- −$20.06
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$24.06
- Costs to cover
- 0.040%
- Break-even
- 616967133.2 days
Slippage unknown: Paradex: no order-book sample; Variational Omni: RFQ quote, 4 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 Variational Omni RFQ quote, 4 min ago | 6.84 bp | doesn't fit | 44.7 bp −$447 | 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 | −1.349% | $2K | $54K | 5.5x | as long as short |
| Gate PENDLE_USDT | −0.0035% | 8h | 2.4500 | +0.080% | $720K | $1.1M | 75x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.0035% | 8h | 2.4505 | +0.101% | $19K | $15K | 10x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.4486 | +0.025% | $10K | — | 5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | 0.0000% | 1h | 2.4510 | +0.121% | $24K | $15K | 10x | as long as short |
| MEXC PENDLE_USDT | +0.0001% | 8h | 2.4507 | +0.109% | $17.4M | $2.0M | 125x | as long as short |
| BloFin PENDLE-USDT | +0.0003% | 8h | 2.4494 | +0.056% | $1.1M | $602K | 75x | as long as short |
| Binance PENDLEUSDT | +0.0005% | 8h | 2.4500 | +0.080% | $25.8M | $44.3M | 75x | as long as short |
| Extended PENDLE-USD | +0.0008% | 1h | 2.4493 | +0.050% | $157K | $582K | 10x | as long as short |
| Reya PENDLERUSDPERP | +0.0073% | 1h | 2.4506 | +0.106% | $3K | — | 15x | as long as short |
Injective PENDLE/USDC PERP
Gate PENDLE_USDT
Orderly PERP_PENDLE_USDC
dYdX PENDLE-USD
Deribit PENDLE_USDC-PERPETUAL
MEXC PENDLE_USDT
BloFin PENDLE-USDT
Binance PENDLEUSDT
Extended PENDLE-USD
Reya PENDLERUSDPERPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo PENDLE-PERP | +0.0080% | 1h | 2.4500 | +0.082% | $26K | — | 3x | as long as short |
| Lighter PENDLE | +0.0096% | 1h | 2.4503 | +0.093% | $516K | $416K | 5x | as long as short |
| Paradex PENDLE-USD-PERPlong | +0.0100% | 8h | 2.4480 | long leg | $34K | $9K | 10x | |
| Hyperliquid PENDLE | +0.0100% | 1h | 2.4539 | +0.240% | $12.6M | $6.1M | 5x | as long as short |
| Aster PENDLEUSDT | +0.0100% | 8h | 2.4485 | +0.019% | $46K | $171K | 10x | as long as short |
| Bybit PENDLEUSDT | +0.0100% | 8h | 2.4490 | +0.040% | $14.3M | $12.1M | 50x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.4510 | +0.121% | $3.1M | $6.4M | 50x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.4520 | +0.162% | $862K | $553K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.4491 | +0.044% | $3.6M | $2.3M | 75x | as long as short |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.4511 | +0.125% | — | $8.4M | — | as long as short |
| Variational Omni PENDLEshort | +0.0100% | 8h | 2.4431 | −0.201% | $549K | $1.4M | — | |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.4422 | −0.237% | $24K | $375K | 10x | as long as short |
| GRVT PENDLE_USDT_Perp | +0.0100% | 8h | 2.4445 | −0.144% | $411K | $2.1M | 10x | as long as short |
| ApeX Omni PENDLEUSDT | +0.0100% | 1h | 2.4433 | −0.193% | $74K | $234K | 50x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.4526 | +0.187% | $16K | $7K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.4507 | +0.109% | $1K | $1.8M | 20x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0196% / S −0.0222% | 1h | 2.4503 | +0.094% | $5K | — | 100x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0592% | 1h | 2.4540 | +0.244% | $155K | $522K | 25x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0656% | 1h | 2.4497 | +0.068% | $355K | $402K | 15x | as long as short |
| Kraken Futures PF_PENDLEUSD | +0.1188% | 1h | 2.4557 | +0.313% | $115K | $263K | 20x | as long as short |
Aevo PENDLE-PERP
Lighter PENDLE
Hyperliquid PENDLE
Aster PENDLEUSDT
Bybit PENDLEUSDT
OKX PENDLE-USDT-SWAP
KuCoin PENDLEUSDTM
Bitget PENDLEUSDT
BingX PENDLE-USDT
edgeX PENDLEUSDC
GRVT PENDLE_USDT_Perp
ApeX Omni PENDLEUSDT
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
GMX PENDLE/USD [PENDLE-USDC]
Coinbase International PENDLE-PERP-INTX
Backpack PENDLE_USDC_PERP
Kraken Futures PF_PENDLEUSD