Funding you earn now, next payment 02:00 UTC−0.0110%/8h= −12.0% APRnext payment −$0.14 per $10,000 · paid last 24h −0.025%
Price spread now: Aevo against GMX−0.004%58s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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: −$3 a day on $10k at the current rate. The two prices were read 58 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 | GMX PENDLE/USD [PENDLE-USDC] | 2.5116 | L +0.0158% / S −0.0256% | pay 0.0020% / 1h | 7m 32s | $7K | — | 100x |
| Short | Aevo PENDLE-PERP | 2.5115 | 0.0048 | get 0.0006% / 1h | 7m 32s | $26K | — | 3x |
GMX PENDLE/USD [PENDLE-USDC]
Aevo PENDLE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against GMX. 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
- −$23.02
- Price spread: −0.004% → 0.000%
- −$0.39
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$51.41
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: GMX: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
GMX 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 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 | −0.979% | $2K | $54K | 5.5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.1062% | 1h | 2.5125 | +0.036% | $26K | $14K | 10x | as long as short |
| Extended PENDLE-USD | −0.0136% | 1h | 2.5085 | −0.123% | $163K | $570K | 10x | as long as short |
| Binance PENDLEUSDT | −0.0134% | 8h | 2.5090 | −0.103% | $27.0M | $43.4M | 75x | as long as short |
| MEXC PENDLE_USDT | −0.0134% | 8h | 2.5088 | −0.111% | $17.3M | $1.8M | 125x | as long as short |
| ApeX Omni PENDLEUSDT | −0.0129% | 1h | 2.5074 | −0.167% | $77K | $236K | 50x | as long as short |
| GRVT PENDLE_USDT_Perp | −0.0124% | 8h | 2.5065 | −0.204% | $421K | $1.7M | 10x | as long as short |
| Gate PENDLE_USDT | −0.0077% | 8h | 2.5100 | −0.064% | $758K | $1.2M | 75x | as long as short |
| Variational Omni PENDLE | −0.0044% | 8h | 2.5046 | −0.280% | $612K | $1.8M | — | as long as short |
| Aster PENDLEUSDT | −0.0042% | 8h | 2.5139 | +0.092% | $50K | $181K | 10x | as long as short |
Injective PENDLE/USDC PERP
Deribit PENDLE_USDC-PERPETUAL
Extended PENDLE-USD
Binance PENDLEUSDT
MEXC PENDLE_USDT
ApeX Omni PENDLEUSDT
GRVT PENDLE_USDT_Perp
Gate PENDLE_USDT
Variational Omni PENDLE
Aster PENDLEUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_PENDLE_USDC | −0.0038% | 8h | 2.5121 | +0.020% | $20K | $15K | 10x | as long as short |
| Bybit PENDLEUSDT | −0.0006% | 8h | 2.5084 | −0.127% | $15.2M | $12.0M | 50x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.5120 | +0.016% | $11K | — | 5x | as long as short |
| Aevo PENDLE-PERPshort | +0.0048% | 1h | 2.5115 | −0.004% | $26K | — | 3x | |
| Reya PENDLERUSDPERP | +0.0056% | 1h | 2.5090 | −0.105% | $4K | — | 15x | as long as short |
| Lighter PENDLE | +0.0096% | 1h | 2.5112 | −0.016% | $535K | $416K | 5x | as long as short |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.5070 | −0.183% | $35K | $16K | 10x | as long as short |
| Hyperliquid PENDLE | +0.0100% | 1h | 2.5135 | +0.076% | $12.9M | $6.3M | 5x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.5080 | −0.143% | $3.2M | $6.1M | 50x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.5093 | −0.092% | $867K | $594K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.5071 | −0.179% | $3.8M | $2.4M | 75x | as long as short |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.5092 | −0.096% | — | $33.6M | — | as long as short |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.5057 | −0.233% | $25K | $379K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.5108 | −0.032% | $16K | $20K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.5148 | +0.127% | $1K | $1.8M | 20x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC]long | L +0.0158% / S −0.0256% | 1h | 2.5116 | long leg | $7K | — | 100x | |
| Backpack PENDLE_USDC_PERP | +0.0389% | 1h | 2.5172 | +0.223% | $353K | $481K | 15x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0632% | 1h | 2.5140 | +0.096% | $144K | $472K | 25x | as long as short |
| Kraken Futures PF_PENDLEUSD | +0.0866% | 1h | 2.5178 | +0.248% | $117K | $289K | 20x | as long as short |
Orderly PERP_PENDLE_USDC
Bybit PENDLEUSDT
dYdX PENDLE-USD
Reya PENDLERUSDPERP
Lighter PENDLE
Paradex PENDLE-USD-PERP
Hyperliquid PENDLE
OKX PENDLE-USDT-SWAP
KuCoin PENDLEUSDTM
Bitget PENDLEUSDT
BingX PENDLE-USDT
edgeX PENDLEUSDC
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
Backpack PENDLE_USDC_PERP
Coinbase International PENDLE-PERP-INTX
Kraken Futures PF_PENDLEUSD