Funding you earn now, next payment 09:00 UTC−0.0088%/8h= −9.7% APRnext payment −$0.11 per $10,000 · paid last 24h −0.009%
Price spread now: dYdX against Reya−0.010%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
=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 | Reya PENDLERUSDPERP | 2.4147 | 0.0088 | pay 0.0011% / 1h | 28m 16s | $3K | — | 15x |
| Short | dYdX PENDLE-USD | 2.4145 | 0 | get 0.0000% / 1h | 28m 16s | $10K | — | 5x |
Reya PENDLERUSDPERP
dYdX PENDLE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Reya. 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
- −$18.58
- Price spread: −0.010% → 0.000%
- −$0.96
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$35.54
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample | — | — | — | — | — |
| Sell dYdX no order-book sample | — | — | — | — | — |
Reya 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 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 | −0.3627% | 1h | 2.3970 | −0.733% | $2K | $55K | 5.5x | as long as short |
| GRVT PENDLE_USDT_Perp | −0.0976% | 8h | 2.4194 | +0.194% | $410K | $2.6M | 10x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.0247% | 1h | 2.4157 | +0.042% | $24K | $16K | 10x | as long as short |
| Gate PENDLE_USDT | −0.0133% | 8h | 2.4140 | −0.029% | $765K | $992K | 75x | as long as short |
| Extended PENDLE-USD | −0.0104% | 1h | 2.4139 | −0.031% | $160K | $934K | 10x | as long as short |
| Binance PENDLEUSDT | −0.0102% | 8h | 2.4170 | +0.095% | $25.3M | $46.1M | 75x | as long as short |
| MEXC PENDLE_USDT | −0.0101% | 8h | 2.4166 | +0.079% | $17.9M | $2.1M | 125x | as long as short |
| BloFin PENDLE-USDT | −0.0072% | 8h | 2.4144 | −0.012% | $1.1M | $503K | 75x | as long as short |
| ApeX Omni PENDLEUSDT | −0.0061% | 1h | 2.4183 | +0.149% | $74K | $231K | 50x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.0014% | 8h | 2.4146 | −0.004% | $18K | $15K | 10x | as long as short |
Injective PENDLE/USDC PERP
GRVT PENDLE_USDT_Perp
Deribit PENDLE_USDC-PERPETUAL
Gate PENDLE_USDT
Extended PENDLE-USD
Binance PENDLEUSDT
MEXC PENDLE_USDT
BloFin PENDLE-USDT
ApeX Omni PENDLEUSDT
Orderly PERP_PENDLE_USDCShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PENDLEUSDT | −0.0006% | 8h | 2.4150 | +0.013% | $14.0M | $11.9M | 50x | as long as short |
| dYdX PENDLE-USDshort | 0.0000% | 1h | 2.4145 | −0.010% | $10K | — | 5x | |
| Aster PENDLEUSDT | +0.0011% | 8h | 2.4154 | +0.029% | $47K | $169K | 10x | as long as short |
| Aevo PENDLE-PERP | +0.0056% | 1h | 2.4141 | −0.023% | $25K | — | 3x | as long as short |
| Reya PENDLERUSDPERPlong | +0.0088% | 1h | 2.4147 | long leg | $3K | — | 15x | |
| Lighter PENDLE | +0.0096% | 1h | 2.4161 | +0.058% | $521K | $430K | 5x | as long as short |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.4126 | −0.086% | $34K | $3K | 10x | as long as short |
| Hyperliquid PENDLE | +0.0100% | 1h | 2.4164 | +0.071% | $12.6M | $6.1M | 5x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.4170 | +0.095% | $3.1M | $6.7M | 50x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.4152 | +0.021% | $681K | $596K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.4145 | −0.008% | $3.7M | $2.4M | 75x | as long as short |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.4141 | −0.025% | — | $8.2M | — | as long as short |
| Variational Omni PENDLE | +0.0100% | 8h | 2.4166 | +0.079% | $563K | $1.2M | — | as long as short |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.4174 | +0.112% | $24K | $370K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.4145 | −0.008% | $16K | $4K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.4187 | +0.166% | $1K | $1.8M | 20x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0151% / S −0.0168% | 1h | 2.4155 | +0.035% | $5K | — | 100x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0664% | 1h | 2.4190 | +0.178% | $162K | $516K | 25x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0675% | 1h | 2.4198 | +0.211% | $357K | $433K | 15x | as long as short |
| Kraken Futures PF_PENDLEUSD | +0.1286% | 1h | 2.4138 | −0.039% | $114K | $257K | 20x | as long as short |
Bybit PENDLEUSDT
Aster PENDLEUSDT
Aevo PENDLE-PERP
Lighter PENDLE
Paradex PENDLE-USD-PERP
Hyperliquid PENDLE
OKX PENDLE-USDT-SWAP
KuCoin PENDLEUSDTM
Bitget PENDLEUSDT
BingX PENDLE-USDT
Variational Omni PENDLE
edgeX PENDLEUSDC
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