PENDLE funding rates

PENDLE perpetual funding is currently quoted across 9 venues, ranging from -132.3% to +11.4% APR. The most reliable delta-neutral pairing for PENDLE right now is long Kraken / short Lighter at +131.3% net APR (high risk, ~0.4d to break even).

as of 2026-07-29 10:36 UTC
Best delta-neutral pairing
Long Kraken / Short Lighter
+131.3% net APR
Backtested (30d)
+7.7%
Stability
57%
Risk
high
Breakeven
~0.4d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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PENDLE funding by exchange

ExchangeFunding APR
Extended+11.39%
Hyperliquid+10.95%
Paradex+10.87%
Variational+8.84%
Lighter+7.01%
dYdX+0.00%
Aster-9.86%
Grvt-12.59%
Kraken-132.28%

Frequently asked

What is the PENDLE funding rate right now?

PENDLE perpetual funding ranges from -132.28% to 11.39% APR across 9 exchanges we track; the widest delta-neutral spread is long Kraken / short Lighter at 131.3% net APR.

Which exchange has the highest PENDLE funding rate?

Extended currently has the highest at 11.39% APR. See the full ranking above.