PENDLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.4898%/8h= +536.4% APRnext payment +$6.12 per $10,000 · paid last 24h +0.918%

Price spread now: Aevo against Injective+0.914%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Aevo

What this pair did over the last

the charts below follow

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

Both sides work for this trade now. Funding pays +$147 a day on $10k at the current rate, and Aevo is 0.914% dearer against Injective than usual: you sell high and buy low: +$91 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective PENDLE/USDC PERP	2.4230	−0.4810	get 0.0601% / 1h	59m 01s	$2K	$54K	5.5x
Short	Aevo PENDLE-PERP	2.4451	0.0088	get 0.0011% / 1h	59m 01s	$26K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Injective. 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 InjectivebpFee AevobpOrdersPrice spread, now +0.914%Rate

Funding earned: $1,028.68
Price spread: +0.914% → 0.000%: $91.42
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Aevo: 8 bp × 2 orders: −$16
Net: $1,104.07
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Injective: 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 Injective no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

Injective 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 PERPlong	−0.4810%	1h	2.4230	long leg	$2K	$54K	5.5x
Deribit PENDLE_USDC-PERPETUAL	−0.0363%	1h	2.4465	+0.970%	$25K	$16K	10x	as long as short
Orderly PERP_PENDLE_USDC	−0.0019%	8h	2.4459	+0.945%	$19K	$15K	10x	as long as short
dYdX PENDLE-USD	0.0000%	1h	2.4465	+0.970%	$10K	—	5x	as long as short
BloFin PENDLE-USDT	+0.0007%	8h	2.4458	+0.941%	$1.1M	$476K	75x	as long as short
Extended PENDLE-USD	+0.0016%	1h	2.4454	+0.925%	$158K	$547K	10x	as long as short
MEXC PENDLE_USDT	+0.0016%	8h	2.4459	+0.945%	$17.4M	$2.0M	125x	as long as short
Binance PENDLEUSDT	+0.0017%	8h	2.4445	+0.887%	$25.8M	$45.4M	75x	as long as short
Gate PENDLE_USDT	+0.0048%	8h	2.4460	+0.949%	$787K	$1.0M	75x	as long as short
Reya PENDLERUSDPERP	+0.0081%	1h	2.4463	+0.963%	$3K	—	15x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo PENDLE-PERPshort	+0.0088%	1h	2.4451	+0.914%	$26K	—	3x
GRVT PENDLE_USDT_Perp	+0.0089%	8h	2.4477	+1.021%	$411K	$2.4M	10x	as long as short
Lighter PENDLE	+0.0096%	1h	2.4469	+0.986%	$519K	$405K	5x	as long as short
Paradex PENDLE-USD-PERP	+0.0100%	8h	2.4451	+0.910%	$34K	$7K	10x	as long as short
Hyperliquid PENDLE	+0.0100%	1h	2.4493	+1.085%	$12.7M	$6.1M	5x	as long as short
Aster PENDLEUSDT	+0.0100%	8h	2.4471	+0.995%	$48K	$170K	10x	as long as short
Bybit PENDLEUSDT	+0.0100%	8h	2.4450	+0.908%	$14.2M	$12.2M	50x	as long as short
OKX PENDLE-USDT-SWAP	+0.0100%	4h	2.4450	+0.908%	$3.1M	$6.7M	50x	as long as short
KuCoin PENDLEUSDTM	+0.0100%	8h	2.4471	+0.995%	$870K	$548K	50x	as long as short
Bitget PENDLEUSDT	+0.0100%	8h	2.4465	+0.970%	$3.8M	$2.4M	75x	as long as short
BingX PENDLE-USDT	+0.0100%	8h	2.4457	+0.937%	—	$8.2M	—	as long as short
Variational Omni PENDLE	+0.0100%	8h	2.4456	+0.932%	$594K	$1.4M	—	as long as short
edgeX PENDLEUSDC	+0.0100%	4h	2.4464	+0.966%	$24K	$372K	10x	as long as short
ApeX Omni PENDLEUSDT	+0.0100%	1h	2.4489	+1.069%	$74K	$232K	50x	as long as short
Polymarket Perps PENDLE-USD	+0.0100%	1h	2.4490	+1.073%	$16K	$4K	5x	as long as short
SunX PENDLE-USDT	+0.0100%	8h	2.4491	+1.077%	$2K	$1.8M	20x	as long as short
GMX PENDLE/USD [PENDLE-USDC]	L +0.0196% / S −0.0222%	1h	2.4473	+1.004%	$5K	—	100x	as long as short
Backpack PENDLE_USDC_PERP	+0.0393%	1h	2.4514	+1.172%	$350K	$434K	15x	as long as short
Coinbase International PENDLE-PERP-INTX	+0.0672%	1h	2.4490	+1.073%	$157K	$506K	25x	as long as short
Kraken Futures PF_PENDLEUSD	+0.1514%	1h	2.4496	+1.096%	$115K	$260K	20x	as long as short