PENDLE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h −0.024%

Price spread now: dYdX against ApeX Omni+0.310%7-day average — · you sell dearer than you buy

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

Long on ApeX Omni Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and dYdX is 0.310% dearer against ApeX Omni than usual: you sell high and buy low: +$31 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	ApeX Omni PENDLEUSDT	2.5215	−0.0054	get 0.0007% / 1h	21m 08s	$77K	$239K	50x
Short	dYdX PENDLE-USD	2.5293	0	get 0.0000% / 1h	21m 08s	$11K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against ApeX Omni. 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 ApeX OmnibpFee dYdXbpOrdersPrice spread, now +0.310%Rate

Funding earned: $11.41
Price spread: +0.310% → 0.000%: $31.02
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: $22.43
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: ApeX Omni: live order book, 55 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 ApeX Omni live order book, 55 min ago	6.83 bp	14.2 bp −$14	91.2 bp −$912	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 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	−0.5000%	1h	2.4940	−1.091%	$2K	$54K	5.5x	as long as short
Deribit PENDLE_USDC-PERPETUAL	−0.0383%	1h	2.5276	+0.242%	$30K	$10K	10x	as long as short
BloFin PENDLE-USDT	−0.0055%	8h	2.5258	+0.171%	$1.3M	$714K	75x	as long as short
ApeX Omni PENDLEUSDTlong	−0.0054%	1h	2.5215	long leg	$77K	$239K	50x
Extended PENDLE-USD	−0.0040%	1h	2.5239	+0.095%	$166K	$528K	10x	as long as short
Binance PENDLEUSDT	−0.0036%	8h	2.5244	+0.114%	$27.3M	$42.0M	75x	as long as short
MEXC PENDLE_USDT	−0.0036%	8h	2.5252	+0.147%	$17.1M	$1.9M	125x	as long as short
Orderly PERP_PENDLE_USDC	−0.0003%	8h	2.5257	+0.167%	$20K	$16K	10x	as long as short
dYdX PENDLE-USDshort	0.0000%	1h	2.5293	+0.310%	$11K	—	5x
Variational Omni PENDLE	+0.0031%	8h	2.5247	+0.125%	$596K	$1.9M	—	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT PENDLE_USDT_Perp	+0.0042%	8h	2.5230	+0.058%	$418K	$1.6M	10x	as long as short
Reya PENDLERUSDPERP	+0.0046%	1h	2.5260	+0.178%	$4K	—	15x	as long as short
Aevo PENDLE-PERP	+0.0072%	1h	2.5255	+0.160%	$26K	—	3x	as long as short
Lighter PENDLE	+0.0096%	1h	2.5253	+0.151%	$532K	$416K	5x	as long as short
Paradex PENDLE-USD-PERP	+0.0100%	8h	2.5268	+0.212%	$35K	$18K	10x	as long as short
Aster PENDLEUSDT	+0.0100%	8h	2.5273	+0.231%	$46K	$177K	10x	as long as short
Bybit PENDLEUSDT	+0.0100%	8h	2.5242	+0.107%	$15.6M	$11.9M	50x	as long as short
OKX PENDLE-USDT-SWAP	+0.0100%	4h	2.5230	+0.059%	$3.2M	$6.0M	50x	as long as short
Gate PENDLE_USDT	+0.0100%	8h	2.5260	+0.178%	$786K	$1.2M	75x	as long as short
KuCoin PENDLEUSDTM	+0.0100%	8h	2.5274	+0.234%	$888K	$600K	50x	as long as short
Bitget PENDLEUSDT	+0.0100%	8h	2.5275	+0.238%	$3.8M	$2.5M	75x	as long as short
BingX PENDLE-USDT	+0.0100%	8h	2.5246	+0.123%	—	$35.7M	—	as long as short
edgeX PENDLEUSDC	+0.0100%	4h	2.5212	−0.012%	$25K	$382K	10x	as long as short
Polymarket Perps PENDLE-USD	+0.0100%	1h	2.5294	+0.313%	$16K	$20K	5x	as long as short
SunX PENDLE-USDT	+0.0100%	8h	2.5263	+0.190%	$2K	$1.8M	20x	as long as short
GMX PENDLE/USD [PENDLE-USDC]	L +0.0199% / S −0.0256%	1h	2.5281	+0.262%	$5K	—	100x	as long as short
Hyperliquid PENDLE	+0.0345%	1h	2.5298	+0.329%	$12.8M	$6.2M	5x	as long as short
Kraken Futures PF_PENDLEUSD	+0.0593%	1h	2.5297	+0.326%	$119K	$298K	20x	as long as short
Coinbase International PENDLE-PERP-INTX	+0.0600%	1h	2.5340	+0.496%	$141K	$451K	25x	as long as short
Backpack PENDLE_USDC_PERP	+0.0789%	1h	2.5300	+0.337%	$332K	$490K	15x	as long as short