PENDLE funding rates

PENDLE perpetual funding is currently quoted across 10 venues, ranging from -50.5% to +11.4% APR. The most reliable delta-neutral pairing for PENDLE right now is long Grvt / short Lighter at +31.9% net APR (medium risk, ~0.7d to break even).

as of 2026-06-12 23:09 UTC
Best delta-neutral pairing
Long Grvt / Short Lighter
+31.9% net APR
Backtested (30d)
+11.8%
Stability
81.5%
Risk
medium
Breakeven
~0.7d

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%
Aster+10.95%
Lighter+7.88%
Paradex+6.29%
EdgeX+4.20%
dYdX+0.00%
Hyperliquid-4.40%
Kraken-27.10%
Grvt-29.02%
Variational-50.54%

Frequently asked

What is the PENDLE funding rate right now?

PENDLE perpetual funding ranges from -50.54% to 11.39% APR across 10 exchanges we track; the widest delta-neutral spread is long Grvt / short Lighter at 31.9% net APR.

Which exchange has the highest PENDLE funding rate?

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