Funding you earn now, next payment 08:00 UTC+0.0158%/8h= +17.3% APRnext payment +$1.58 per $10,000 · paid last 24h +0.018%
Price spread now: SunX against BloFin+0.081%7-day average +0.024% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)−0.351%−$35 · spread now +0.081%, 7d avg +0.024%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and SunX is 0.057% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PENDLE-USDT | 2.4635 | −0.0058 | get 0.0058% / 8h | 4h 50m | $1.3M | $650K | 75x |
| Short | SunX PENDLE-USDT | 2.4655 | 0.0100 | get 0.0100% / 8h | 4h 50m | $2K | $1.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against BloFin. 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
- $33.27
- Price spread: +0.081% → +0.024%
- $5.71
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $18.99
- Costs to cover
- 0.200%
- Break-even
- 3.0 days
Slippage unknown: BloFin: live order book, 2 min ago; SunX: live order book, 5 min ago. 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 BloFin live order book, 2 min ago | 0.41 bp | 12.9 bp −$13 | 23.5 bp −$235 | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 496.45 bp | doesn't fit | 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 | −0.4334% | 1h | 2.4430 | −0.832% | $2K | $54K | 5.5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.0237% | 1h | 2.4644 | +0.037% | $25K | $14K | 10x | as long as short |
| Extended PENDLE-USD | −0.0072% | 1h | 2.4664 | +0.119% | $161K | $570K | 10x | as long as short |
| Binance PENDLEUSDT | −0.0071% | 8h | 2.4642 | +0.027% | $26.2M | $43.9M | 75x | as long as short |
| MEXC PENDLE_USDT | −0.0068% | 8h | 2.4674 | +0.158% | $17.3M | $1.9M | 125x | as long as short |
| BloFin PENDLE-USDTlong | −0.0058% | 8h | 2.4635 | long leg | $1.3M | $650K | 75x | |
| Aster PENDLEUSDT | −0.0046% | 8h | 2.4692 | +0.230% | $47K | $178K | 10x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.0036% | 8h | 2.4641 | +0.024% | $19K | $15K | 10x | as long as short |
| Gate PENDLE_USDT | −0.0019% | 8h | 2.4660 | +0.101% | $716K | $1.1M | 75x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.4666 | +0.124% | $10K | — | 5x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PENDLE | +0.0034% | 8h | 2.4626 | −0.038% | $563K | $1.7M | — | as long as short |
| Reya PENDLERUSDPERP | +0.0063% | 1h | 2.4649 | +0.059% | $3K | — | 15x | as long as short |
| Aevo PENDLE-PERP | +0.0064% | 1h | 2.4630 | −0.020% | $26K | — | 3x | as long as short |
| GRVT PENDLE_USDT_Perp | +0.0081% | 8h | 2.4685 | +0.203% | $412K | $1.8M | 10x | as long as short |
| Lighter PENDLE | +0.0096% | 1h | 2.4645 | +0.041% | $526K | $414K | 5x | as long as short |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.4634 | −0.003% | $34K | $13K | 10x | as long as short |
| Bybit PENDLEUSDT | +0.0100% | 8h | 2.4630 | −0.020% | $14.6M | $12.3M | 50x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.4650 | +0.061% | $3.1M | $6.2M | 50x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.4689 | +0.219% | $874K | $580K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.4668 | +0.134% | $3.7M | $2.4M | 75x | as long as short |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.4658 | +0.093% | — | $8.6M | — | as long as short |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.4687 | +0.209% | $24K | $377K | 10x | as long as short |
| ApeX Omni PENDLEUSDT | +0.0100% | 1h | 2.4674 | +0.158% | $75K | $235K | 50x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.4672 | +0.150% | $16K | $8K | 5x | as long as short |
| SunX PENDLE-USDTshort | +0.0100% | 8h | 2.4655 | +0.081% | $2K | $1.8M | 20x | |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0196% / S −0.0222% | 1h | 2.4651 | +0.064% | $5K | — | 100x | as long as short |
| Hyperliquid PENDLE | +0.0290% | 1h | 2.4712 | +0.313% | $12.6M | $6.1M | 5x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0420% | 1h | 2.4691 | +0.227% | $355K | $477K | 15x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0608% | 1h | 2.4760 | +0.507% | $147K | $493K | 25x | as long as short |
| Kraken Futures PF_PENDLEUSD | +0.1178% | 1h | 2.4693 | +0.235% | $115K | $278K | 20x | as long as short |
BloFin PENDLE-USDT
SunX PENDLE-USDT
Injective PENDLE/USDC PERP
Deribit PENDLE_USDC-PERPETUAL
Extended PENDLE-USD
Binance PENDLEUSDT
MEXC PENDLE_USDT
Aster PENDLEUSDT
Gate PENDLE_USDT
Variational Omni PENDLE
GRVT PENDLE_USDT_Perp
Lighter PENDLE
Paradex PENDLE-USD-PERP
Bybit PENDLEUSDT
OKX PENDLE-USDT-SWAP
KuCoin PENDLEUSDTM
Bitget PENDLEUSDT
BingX PENDLE-USDT
edgeX PENDLEUSDC
ApeX Omni PENDLEUSDT
Polymarket Perps PENDLE-USD
GMX PENDLE/USD [PENDLE-USDC]
Hyperliquid PENDLE
Backpack PENDLE_USDC_PERP
Coinbase International PENDLE-PERP-INTX
Kraken Futures PF_PENDLEUSD