Funding you earn now, next payment 22:00 UTC+0.0156%/8h= +17.0% APRnext payment +$0.19 per $10,000 · paid last 24h +0.051%
Price spread now: Aevo against Deribit+0.015%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit PENDLE_USDC-PERPETUAL | 2.5185 | −0.0068 | get 0.0008% / 1h | 58m 20s | $30K | $11K | 10x |
| Short | Aevo PENDLE-PERP | 2.5189 | 0.0088 | get 0.0011% / 1h | 58m 20s | $26K | — | 3x |
Deribit PENDLE_USDC-PERPETUAL
Aevo PENDLE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Deribit. 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
- $32.67
- Price spread: +0.015% → 0.000%
- $1.52
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $11.18
- Costs to cover
- 0.230%
- Break-even
- 4.6 days
Slippage unknown: Deribit: no order-book sample; Aevo: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
Deribit and Aevo: 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 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 | −0.4806% | 1h | 2.5340 | +0.615% | $2K | $7K | 5.5x | as long as short |
| Kraken Futures PF_PENDLEUSD | −0.0430% | 1h | 2.5177 | −0.033% | $159K | $254K | 20x | as long as short |
| Deribit PENDLE_USDC-PERPETUALlong | −0.0068% | 1h | 2.5185 | long leg | $30K | $11K | 10x | |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.5210 | +0.099% | $11K | — | 5x | as long as short |
| Variational Omni PENDLE | +0.0009% | 8h | 2.5225 | +0.160% | $612K | $2.3M | — | as long as short |
| Reya PENDLERUSDPERP | +0.0033% | 1h | 2.5196 | +0.042% | $4K | — | 15x | as long as short |
| Orderly PERP_PENDLE_USDC | +0.0035% | 8h | 2.5193 | +0.032% | $23K | $8K | 10x | as long as short |
| MEXC PENDLE_USDT | +0.0037% | 8h | 2.5200 | +0.060% | $16.9M | $2.2M | 125x | as long as short |
| Binance PENDLEUSDT | +0.0038% | 8h | 2.5163 | −0.086% | $27.5M | $38.5M | 75x | as long as short |
| Extended PENDLE-USD | +0.0040% | 1h | 2.5163 | −0.089% | $166K | $524K | 10x | as long as short |
Injective PENDLE/USDC PERP
Kraken Futures PF_PENDLEUSD
dYdX PENDLE-USD
Variational Omni PENDLE
Reya PENDLERUSDPERP
Orderly PERP_PENDLE_USDC
MEXC PENDLE_USDT
Binance PENDLEUSDT
Extended PENDLE-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin PENDLE-USDT | +0.0054% | 8h | 2.5226 | +0.163% | $1.3M | $797K | 75x | as long as short |
| ApeX Omni PENDLEUSDT | +0.0062% | 1h | 2.5220 | +0.139% | $77K | $239K | 50x | as long as short |
| Aster PENDLEUSDT | +0.0065% | 8h | 2.5214 | +0.115% | $41K | $176K | 10x | as long as short |
| Aevo PENDLE-PERPshort | +0.0088% | 1h | 2.5189 | +0.015% | $26K | — | 3x | |
| Lighter PENDLE | +0.0096% | 1h | 2.5180 | −0.020% | $551K | $375K | 5x | as long as short |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.5198 | +0.051% | $35K | $24K | 10x | as long as short |
| Hyperliquid PENDLE | +0.0100% | 1h | 2.5232 | +0.187% | $12.5M | $5.5M | 5x | as long as short |
| Bybit PENDLEUSDT | +0.0100% | 8h | 2.5170 | −0.060% | $15.6M | $12.3M | 50x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.5190 | +0.020% | $3.3M | $5.6M | 50x | as long as short |
| Gate PENDLE_USDT | +0.0100% | 8h | 2.5190 | +0.020% | $852K | $1.1M | 75x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.5214 | +0.115% | $913K | $604K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.5177 | −0.032% | $3.8M | $2.6M | 75x | as long as short |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.5188 | +0.012% | — | $36.3M | — | as long as short |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.5222 | +0.147% | $25K | $415K | 10x | as long as short |
| GRVT PENDLE_USDT_Perp | +0.0100% | 8h | 2.5217 | +0.128% | $426K | $1.6M | 10x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.5227 | +0.167% | $16K | $19K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.5191 | +0.024% | $2K | $1.7M | 20x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0200% / S −0.0275% | 1h | 2.5192 | +0.029% | $5K | — | 100x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0560% | 1h | 2.5240 | +0.218% | $118K | $438K | 25x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0702% | 1h | 2.5284 | +0.393% | $363K | $464K | 15x | as long as short |
BloFin PENDLE-USDT
ApeX Omni PENDLEUSDT
Aster PENDLEUSDT
Lighter PENDLE
Paradex PENDLE-USD-PERP
Hyperliquid PENDLE
Bybit PENDLEUSDT
OKX PENDLE-USDT-SWAP
Gate PENDLE_USDT
KuCoin PENDLEUSDTM
Bitget PENDLEUSDT
BingX PENDLE-USDT
edgeX PENDLEUSDC
GRVT PENDLE_USDT_Perp
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
GMX PENDLE/USD [PENDLE-USDC]
Coinbase International PENDLE-PERP-INTX
Backpack PENDLE_USDC_PERP