PENDLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.001%

Price spread now: GRVT against Aster+0.314%50s7-day average −0.138% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$3733.728% of the position

Long on Aster Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.008%−$1 on $10k

Price spread, last 4 days (all we have)−1.019%−$102 · spread now +0.314%, 7d avg −0.138%

Together, before fees−1.027%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board−$103 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and GRVT is 0.452% dearer against Aster than usual: you sell high and buy low: +$45 more if the spread goes back to its 7-day average of −0.138%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PENDLEUSDT	2.4524	0.0042	pay 0.0042% / 8h	3h 08m	$46K	$172K	10x
Short	GRVT PENDLE_USDT_Perp	2.4601	0.0051	get 0.0051% / 8h	3h 08m	$417K	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee GRVTbpOrdersPrice spread, now +0.314%Rate

Funding earned: $1.95
Price spread: +0.314% → −0.138%: $45.19
Slippage, 4 orders: −$355.84
Fee Aster: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$325.7
Costs to cover: 3.728%
Break-even: 1175.6 days

Slippage from Aster: live order book, 43 min ago; GRVT: live order book, 5 min ago.

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 Aster live order book, 43 min ago	36.29 bp	201.8 bp −$202	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 5 min ago	1.42 bp	24.7 bp −$25	doesn't fit	doesn't fit	doesn't fit

PENDLE on 30 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	−0.4243%	1h	2.4300	−0.913%	$2K	$54K	5.5x	as long as short
Gate PENDLE_USDT	−0.0064%	8h	2.4460	−0.261%	$717K	$1.1M	75x	as long as short
Binance PENDLEUSDT	−0.0050%	8h	2.4508	−0.065%	$25.9M	$44.5M	75x	as long as short
MEXC PENDLE_USDT	−0.0049%	8h	2.4506	−0.073%	$17.4M	$2.0M	125x	as long as short
Extended PENDLE-USD	−0.0048%	1h	2.4489	−0.142%	$158K	$579K	10x	as long as short
Orderly PERP_PENDLE_USDC	−0.0037%	8h	2.4458	−0.269%	$19K	$15K	10x	as long as short
ApeX Omni PENDLEUSDT	−0.0036%	1h	2.4519	−0.020%	$75K	$234K	50x	as long as short
BloFin PENDLE-USDT	−0.0036%	8h	2.4449	−0.306%	$1.1M	$592K	75x	as long as short
dYdX PENDLE-USD	0.0000%	1h	2.4483	−0.169%	$10K	—	5x	as long as short
Deribit PENDLE_USDC-PERPETUAL	0.0000%	1h	2.4463	−0.249%	$24K	$15K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PENDLEUSDTlong	+0.0042%	8h	2.4524	long leg	$46K	$172K	10x
GRVT PENDLE_USDT_Perpshort	+0.0051%	8h	2.4601	+0.314%	$417K	$2.1M	10x
Reya PENDLERUSDPERP	+0.0071%	1h	2.4453	−0.290%	$3K	—	15x	as long as short
Aevo PENDLE-PERP	+0.0072%	1h	2.4447	−0.313%	$26K	—	3x	as long as short
Variational Omni PENDLE	+0.0078%	8h	2.4500	−0.096%	$550K	$1.4M	—	as long as short
Lighter PENDLE	+0.0096%	1h	2.4509	−0.061%	$516K	$431K	5x	as long as short
Paradex PENDLE-USD-PERP	+0.0100%	8h	2.4495	−0.118%	$34K	$11K	10x	as long as short
Bybit PENDLEUSDT	+0.0100%	8h	2.4490	−0.139%	$14.4M	$12.1M	50x	as long as short
OKX PENDLE-USDT-SWAP	+0.0100%	4h	2.4520	−0.016%	$3.1M	$6.4M	50x	as long as short
KuCoin PENDLEUSDTM	+0.0100%	8h	2.4492	−0.130%	$864K	$557K	50x	as long as short
Bitget PENDLEUSDT	+0.0100%	8h	2.4493	−0.126%	$3.6M	$2.3M	75x	as long as short
BingX PENDLE-USDT	+0.0100%	8h	2.4494	−0.122%	—	$8.4M	—	as long as short
edgeX PENDLEUSDC	+0.0100%	4h	2.4521	−0.013%	$24K	$374K	10x	as long as short
Polymarket Perps PENDLE-USD	+0.0100%	1h	2.4475	−0.200%	$16K	$7K	5x	as long as short
SunX PENDLE-USDT	+0.0100%	8h	2.4458	−0.269%	$2K	$1.8M	20x	as long as short
GMX PENDLE/USD [PENDLE-USDC]	L +0.0196% / S −0.0222%	1h	2.4449	−0.305%	$5K	—	100x	as long as short
Hyperliquid PENDLE	+0.0290%	1h	2.4561	+0.150%	$12.7M	$6.0M	5x	as long as short
Coinbase International PENDLE-PERP-INTX	+0.0640%	1h	2.4480	−0.179%	$150K	$507K	25x	as long as short
Backpack PENDLE_USDC_PERP	+0.0693%	1h	2.4525	+0.004%	$356K	$400K	15x	as long as short
Kraken Futures PF_PENDLEUSD	+0.1187%	1h	2.4526	+0.007%	$115K	$268K	20x	as long as short