Funding you earn now, next payment 02:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.001%
Price spread now: Paradex against Aevo+0.220%7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paradex is 0.220% dearer against Aevo than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo PENDLE-PERP | 2.5154 | 0.0048 | pay 0.0006% / 1h | 28m 54s | $26K | — | 3x |
| Short | Paradex PENDLE-USD-PERP | 2.5210 | 0.0100 | get 0.0100% / 8h | 6h 28m | $35K | $16K | 10x |
Aevo PENDLE-PERP
Paradex PENDLE-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Aevo. 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
- $10.92
- Price spread: +0.220% → 0.000%
- $22.02
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $12.94
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Aevo: no order-book sample; Paradex: 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Paradex no order-book sample | — | — | — | — | — |
Aevo and Paradex: 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 29 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 | −0.4742% | 1h | 2.4870 | −1.130% | $2K | $54K | 5.5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.0544% | 1h | 2.5166 | +0.047% | $26K | $14K | 10x | as long as short |
| ApeX Omni PENDLEUSDT | −0.0235% | 1h | 2.5127 | −0.108% | $77K | $236K | 50x | as long as short |
| GRVT PENDLE_USDT_Perp | −0.0124% | 8h | 2.5140 | −0.056% | $417K | $1.7M | 10x | as long as short |
| Extended PENDLE-USD | −0.0120% | 1h | 2.5168 | +0.053% | $168K | $566K | 10x | as long as short |
| Binance PENDLEUSDT | −0.0119% | 8h | 2.5210 | +0.222% | $27.2M | $43.4M | 75x | as long as short |
| MEXC PENDLE_USDT | −0.0119% | 8h | 2.5191 | +0.146% | $17.4M | $1.8M | 125x | as long as short |
| Bybit PENDLEUSDT | −0.0084% | 8h | 2.5210 | +0.222% | $15.3M | $12.1M | 50x | as long as short |
| Variational Omni PENDLE | −0.0043% | 8h | 2.5131 | −0.092% | $599K | $1.8M | — | as long as short |
| Orderly PERP_PENDLE_USDC | −0.0037% | 8h | 2.5170 | +0.063% | $20K | $16K | 10x | as long as short |
Injective PENDLE/USDC PERP
Deribit PENDLE_USDC-PERPETUAL
ApeX Omni PENDLEUSDT
GRVT PENDLE_USDT_Perp
Extended PENDLE-USD
Binance PENDLEUSDT
MEXC PENDLE_USDT
Bybit PENDLEUSDT
Variational Omni PENDLE
Orderly PERP_PENDLE_USDCShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PENDLEUSDT | −0.0010% | 8h | 2.5202 | +0.190% | $50K | $181K | 10x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.5236 | +0.325% | $11K | — | 5x | as long as short |
| Gate PENDLE_USDT | +0.0009% | 8h | 2.5210 | +0.222% | $766K | $1.2M | 75x | as long as short |
| Aevo PENDLE-PERPlong | +0.0048% | 1h | 2.5154 | long leg | $26K | — | 3x | |
| Reya PENDLERUSDPERP | +0.0055% | 1h | 2.5175 | +0.084% | $4K | — | 15x | as long as short |
| Lighter PENDLE | +0.0096% | 1h | 2.5167 | +0.051% | $536K | $416K | 5x | as long as short |
| Paradex PENDLE-USD-PERPshort | +0.0100% | 8h | 2.5210 | +0.220% | $35K | $16K | 10x | |
| Hyperliquid PENDLE | +0.0100% | 1h | 2.5221 | +0.267% | $13.0M | $6.4M | 5x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.5190 | +0.142% | $3.2M | $6.2M | 50x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.5203 | +0.194% | $870K | $595K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.5169 | +0.059% | $3.8M | $2.5M | 75x | as long as short |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.5193 | +0.154% | — | $33.8M | — | as long as short |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.5132 | −0.089% | $25K | $382K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.5223 | +0.273% | $16K | $20K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.5180 | +0.103% | $1K | $1.8M | 20x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0158% / S −0.0256% | 1h | 2.5185 | +0.121% | $7K | — | 100x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0414% | 1h | 2.5219 | +0.258% | $354K | $483K | 15x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0632% | 1h | 2.5270 | +0.460% | $146K | $474K | 25x | as long as short |
| Kraken Futures PF_PENDLEUSD | +0.0864% | 1h | 2.5214 | +0.237% | $117K | $290K | 20x | as long as short |
Aster PENDLEUSDT
dYdX PENDLE-USD
Gate PENDLE_USDT
Reya PENDLERUSDPERP
Lighter PENDLE
Hyperliquid PENDLE
OKX PENDLE-USDT-SWAP
KuCoin PENDLEUSDTM
Bitget PENDLEUSDT
BingX PENDLE-USDT
edgeX PENDLEUSDC
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
GMX PENDLE/USD [PENDLE-USDC]
Backpack PENDLE_USDC_PERP
Coinbase International PENDLE-PERP-INTX
Kraken Futures PF_PENDLEUSD