PENDLE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.06 per $10,000 · paid last 24h 0.000%

Price spread now: Polymarket Perps against Extended+0.238%49s7-day average — · you sell dearer than you buy

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

Long on Extended Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.089%−$9 on $10k

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

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.238% dearer against Extended than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.089%, so the current rate has only just turned in your favour. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended PENDLE-USD	2.5216	0.0056	pay 0.0007% / 1h	20m 41s	$166K	$524K	10x
Short	Polymarket Perps PENDLE-USD	2.5276	0.0100	get 0.0013% / 1h	20m 41s	$16K	$19K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Extended. 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 ExtendedbpFee Polymarket PerpsbpOrdersPrice spread, now +0.238%Rate

Funding earned: $9.24
Price spread: +0.238% → 0.000%: $23.8
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $20.04
Costs to cover: 0.130%
Break-even: from the start

Slippage unknown: Extended: live order book, 2 min ago; Polymarket Perps: 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 Extended live order book, 2 min ago	0.99 bp	13.6 bp −$14	110.6 bp −$1,106	doesn't fit	doesn't fit
Sell Polymarket Perps no order-book sample	—	—	—	—	—

Polymarket Perps: 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	−0.4806%	1h	2.4990	−0.896%	$2K	$7K	5.5x	as long as short
Kraken Futures PF_PENDLEUSD	−0.0428%	1h	2.5299	+0.329%	$150K	$279K	20x	as long as short
Deribit PENDLE_USDC-PERPETUAL	−0.0384%	1h	2.5232	+0.064%	$30K	$10K	10x	as long as short
dYdX PENDLE-USD	0.0000%	1h	2.5254	+0.152%	$11K	—	5x	as long as short
Orderly PERP_PENDLE_USDC	+0.0035%	8h	2.5232	+0.064%	$25K	$11K	10x	as long as short
Reya PENDLERUSDPERP	+0.0036%	1h	2.5244	+0.111%	$4K	—	15x	as long as short
Variational Omni PENDLE	+0.0043%	8h	2.5289	+0.290%	$611K	$2.3M	—	as long as short
MEXC PENDLE_USDT	+0.0055%	8h	2.5224	+0.032%	$17.0M	$2.3M	125x	as long as short
Binance PENDLEUSDT	+0.0056%	8h	2.5217	+0.002%	$27.4M	$39.3M	75x	as long as short
Extended PENDLE-USDlong	+0.0056%	1h	2.5216	long leg	$166K	$524K	10x

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin PENDLE-USDT	+0.0082%	8h	2.5243	+0.107%	$1.3M	$747K	75x	as long as short
ApeX Omni PENDLEUSDT	+0.0094%	1h	2.5272	+0.222%	$77K	$240K	50x	as long as short
Lighter PENDLE	+0.0096%	1h	2.5230	+0.056%	$548K	$396K	5x	as long as short
Aevo PENDLE-PERP	+0.0096%	1h	2.5235	+0.077%	$26K	—	3x	as long as short
Paradex PENDLE-USD-PERP	+0.0100%	8h	2.5212	−0.017%	$35K	$22K	10x	as long as short
Hyperliquid PENDLE	+0.0100%	1h	2.5264	+0.190%	$12.4M	$5.6M	5x	as long as short
Aster PENDLEUSDT	+0.0100%	8h	2.5246	+0.118%	$41K	$177K	10x	as long as short
Bybit PENDLEUSDT	+0.0100%	8h	2.5211	−0.020%	$15.6M	$12.2M	50x	as long as short
OKX PENDLE-USDT-SWAP	+0.0100%	4h	2.5240	+0.095%	$3.3M	$5.7M	50x	as long as short
Gate PENDLE_USDT	+0.0100%	8h	2.5240	+0.095%	$842K	$1.1M	75x	as long as short
KuCoin PENDLEUSDTM	+0.0100%	8h	2.5257	+0.163%	$918K	$611K	50x	as long as short
Bitget PENDLEUSDT	+0.0100%	8h	2.5248	+0.127%	$3.8M	$2.6M	75x	as long as short
BingX PENDLE-USDT	+0.0100%	8h	2.5225	+0.036%	—	$36.3M	—	as long as short
edgeX PENDLEUSDC	+0.0100%	4h	2.5273	+0.228%	$25K	$411K	10x	as long as short
GRVT PENDLE_USDT_Perp	+0.0100%	8h	2.5266	+0.200%	$426K	$1.6M	10x	as long as short
Polymarket Perps PENDLE-USDshort	+0.0100%	1h	2.5276	+0.238%	$16K	$19K	5x
SunX PENDLE-USDT	+0.0100%	8h	2.5282	+0.262%	$1K	$1.7M	20x	as long as short
GMX PENDLE/USD [PENDLE-USDC]	L +0.0200% / S −0.0277%	1h	2.5246	+0.121%	$5K	—	100x	as long as short
Coinbase International PENDLE-PERP-INTX	+0.0560%	1h	2.5360	+0.571%	$117K	$434K	25x	as long as short
Backpack PENDLE_USDC_PERP	+0.0845%	1h	2.5286	+0.278%	$365K	$465K	15x	as long as short