PENDLE funding rates

PENDLE perpetual funding is currently quoted across 11 venues, ranging from -21.6% to +11.4% APR. The most reliable delta-neutral pairing for PENDLE right now is long TxFlow / short Extended at +15.1% net APR (medium risk, ~3.1d to break even).

as of 2026-09-12 14:38 UTC
Best delta-neutral pairing
Long TxFlow / Short Extended
+15.1% net APR
Backtested (30d)
+3.2%
Stability
98.3%
Risk
medium
Breakeven
~3.1d

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%
Polymarket+10.95%
Variational+10.95%
Grvt+10.95%
Aster+10.95%
Paradex+10.60%
Lighter+10.51%
dYdX+0.00%
TxFlow-9.61%
Kraken-21.59%

Frequently asked

What is the PENDLE funding rate right now?

PENDLE perpetual funding ranges from -21.59% to 11.39% APR across 11 exchanges we track; the widest delta-neutral spread is long TxFlow / short Extended at 15.1% net APR.

Which exchange has the highest PENDLE funding rate?

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