Funding you earn now, next payment 23:00 UTC+0.0005%/8h= +0.5% APRpaid last 24h +0.027%
Price spread now: MEXC against dYdX−0.014%7-day average — · you buy dearer than you sell
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
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PENDLE-USD | 2.4968 | 0 | get 0.0000% / 1h | 22m 03s | $10K | — | 5x |
| Short | MEXC PENDLE_USDT | 2.4965 | 0.0005 | get 0.0005% / 8h | 1h 22m | $16.9M | $2.1M | 125x |
dYdX PENDLE-USD
MEXC PENDLE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against dYdX. 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
- $1.05
- Price spread: −0.014% → 0.000%
- −$1.35
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$14.3
- Costs to cover
- 0.140%
- Break-even
- 102.3 days
Slippage unknown: dYdX: no order-book sample; MEXC: live order book, 2 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 dYdX no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 2 min ago | 1.20 bp | 6.5 bp −$7 | 26.2 bp −$262 | 91.9 bp −$9,188 | doesn't fit |
dYdX: 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 | −0.3656% | 1h | 2.4770 | −0.795% | $2K | $53K | 5.5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.0110% | 1h | 2.4964 | −0.018% | $29K | $10K | 10x | as long as short |
| ApeX Omni PENDLEUSDT | −0.0050% | 1h | 2.4903 | −0.262% | $76K | $239K | 50x | as long as short |
| dYdX PENDLE-USDlong | 0.0000% | 1h | 2.4968 | long leg | $10K | — | 5x | |
| MEXC PENDLE_USDTshort | +0.0005% | 8h | 2.4965 | −0.014% | $16.9M | $2.1M | 125x | |
| Binance PENDLEUSDT | +0.0005% | 8h | 2.4953 | −0.062% | $26.9M | $40.8M | 75x | as long as short |
| Extended PENDLE-USD | +0.0008% | 1h | 2.4951 | −0.070% | $164K | $526K | 10x | as long as short |
| Orderly PERP_PENDLE_USDC | +0.0020% | 8h | 2.4948 | −0.082% | $20K | $16K | 10x | as long as short |
| BloFin PENDLE-USDT | +0.0025% | 8h | 2.4921 | −0.190% | $1.3M | $736K | 75x | as long as short |
| Reya PENDLERUSDPERP | +0.0041% | 1h | 2.4942 | −0.104% | $4K | — | 15x | as long as short |
Injective PENDLE/USDC PERP
Deribit PENDLE_USDC-PERPETUAL
ApeX Omni PENDLEUSDT
Binance PENDLEUSDT
Extended PENDLE-USD
Orderly PERP_PENDLE_USDC
BloFin PENDLE-USDT
Reya PENDLERUSDPERPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PENDLE | +0.0064% | 8h | 2.4887 | −0.326% | $550K | $2.0M | — | as long as short |
| GRVT PENDLE_USDT_Perp | +0.0080% | 8h | 2.4945 | −0.095% | $414K | $1.6M | 10x | as long as short |
| Aevo PENDLE-PERP | +0.0080% | 1h | 2.4959 | −0.038% | $26K | — | 3x | as long as short |
| Lighter PENDLE | +0.0096% | 1h | 2.4970 | +0.007% | $525K | $423K | 5x | as long as short |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.4943 | −0.102% | $35K | $20K | 10x | as long as short |
| Hyperliquid PENDLE | +0.0100% | 1h | 2.5006 | +0.151% | $12.4M | $6.0M | 5x | as long as short |
| Aster PENDLEUSDT | +0.0100% | 8h | 2.4963 | −0.023% | $44K | $176K | 10x | as long as short |
| Bybit PENDLEUSDT | +0.0100% | 8h | 2.4960 | −0.034% | $15.4M | $11.9M | 50x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.4980 | +0.047% | $3.2M | $5.9M | 50x | as long as short |
| Gate PENDLE_USDT | +0.0100% | 8h | 2.4950 | −0.074% | $783K | $1.2M | 75x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.4957 | −0.046% | $892K | $614K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.4946 | −0.090% | $3.7M | $2.7M | 75x | as long as short |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.4967 | −0.006% | — | $36.2M | — | as long as short |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.4884 | −0.337% | $25K | $396K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.4976 | +0.031% | $16K | $20K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.4964 | −0.018% | $1K | $1.7M | 20x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0199% / S −0.0256% | 1h | 2.4967 | −0.006% | $5K | — | 100x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0592% | 1h | 2.4980 | +0.047% | $138K | $461K | 25x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0673% | 1h | 2.5009 | +0.163% | $353K | $474K | 15x | as long as short |
| Kraken Futures PF_PENDLEUSD | +0.0753% | 1h | 2.5010 | +0.168% | $120K | $304K | 20x | as long as short |
Variational Omni PENDLE
GRVT PENDLE_USDT_Perp
Aevo PENDLE-PERP
Lighter PENDLE
Paradex PENDLE-USD-PERP
Hyperliquid PENDLE
Aster PENDLEUSDT
Bybit PENDLEUSDT
OKX PENDLE-USDT-SWAP
Gate PENDLE_USDT
KuCoin PENDLEUSDTM
Bitget PENDLEUSDT
BingX PENDLE-USDT
edgeX PENDLEUSDC
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
GMX PENDLE/USD [PENDLE-USDC]
Coinbase International PENDLE-PERP-INTX
Backpack PENDLE_USDC_PERP
Kraken Futures PF_PENDLEUSD