PENDLE funding rates
PENDLE perpetual funding is currently quoted across 10 venues, ranging from -54.5% to +11.3% APR. The most reliable delta-neutral pairing for PENDLE right now is long Polymarket / short Lighter at +60.7% net APR (medium risk, ~0.5d to break even).
as of 2026-10-28 03:49 UTC
Best delta-neutral pairing
Long Polymarket / Short Lighter
+60.7% net APR
- Backtested (30d)
- +5.9%
- Stability
- 56.7%
- Risk
- medium
- Breakeven
- ~0.5d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradePENDLE funding by exchange
| Exchange | Funding APR |
|---|---|
| Kraken | +11.29% |
| Hyperliquid | +10.95% |
| Variational | +10.95% |
| Paradex | +10.74% |
| Lighter | +10.51% |
| TxFlow | +8.05% |
| Aster | +7.00% |
| Extended | +2.63% |
| dYdX | +0.00% |
| Polymarket | -54.50% |
Frequently asked
What is the PENDLE funding rate right now?
PENDLE perpetual funding ranges from -54.50% to 11.29% APR across 10 exchanges we track; the widest delta-neutral spread is long Polymarket / short Lighter at 60.7% net APR.
Which exchange has the highest PENDLE funding rate?
Kraken currently has the highest at 11.29% APR. See the full ranking above.