Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.009%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$370.367% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days−0.023%−$2 · spread now +0.009%, 7d avg +0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PENDLE_USDT | 2.5193 | 0.0035 | pay 0.0035% / 8h | 2h 54m | $16.9M | $2.2M | 125x |
| Short | Binance PENDLEUSDT | 2.5195 | 0.0036 | get 0.0036% / 8h | 2h 54m | $27.5M | $38.9M | 75x |
MEXC PENDLE_USDT
Binance PENDLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- $0.13
- Price spread: +0.009% → +0.006%
- $0.29
- Slippage, 4 orders
- −$22.67
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$36.25
- Costs to cover
- 0.367%
- Break-even
- 1988.0 days
Slippage from MEXC: live order book, 5 min ago; Binance: live order book, 3 min ago.
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 MEXC live order book, 5 min ago | 0.79 bp | 6.8 bp −$7 | 30.3 bp −$303 | 81.6 bp −$8,162 | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.60 bp | 11.6 bp −$12 | 28.6 bp −$286 | 116.0 bp −$11.6K | 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 | −0.4806% | 1h | 2.4860 | −1.322% | $2K | $7K | 5.5x | as long as short |
| Kraken Futures PF_PENDLEUSD | −0.0430% | 1h | 2.5193 | −0.001% | $159K | $259K | 20x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.0068% | 1h | 2.5166 | −0.107% | $30K | $10K | 10x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.5214 | +0.085% | $11K | — | 5x | as long as short |
| Variational Omni PENDLE | +0.0010% | 8h | 2.5125 | −0.270% | $607K | $2.3M | — | as long as short |
| BloFin PENDLE-USDT | +0.0018% | 8h | 2.5219 | +0.103% | $1.3M | $800K | 75x | as long as short |
| Extended PENDLE-USD | +0.0032% | 1h | 2.5162 | −0.122% | $165K | $524K | 10x | as long as short |
| Reya PENDLERUSDPERP | +0.0033% | 1h | 2.5143 | −0.197% | $4K | — | 15x | as long as short |
| Orderly PERP_PENDLE_USDC | +0.0035% | 8h | 2.5174 | −0.075% | $23K | $8K | 10x | as long as short |
| MEXC PENDLE_USDTlong | +0.0035% | 8h | 2.5193 | long leg | $16.9M | $2.2M | 125x |
Injective PENDLE/USDC PERP
Kraken Futures PF_PENDLEUSD
Deribit PENDLE_USDC-PERPETUAL
dYdX PENDLE-USD
Variational Omni PENDLE
BloFin PENDLE-USDT
Extended PENDLE-USD
Reya PENDLERUSDPERP
Orderly PERP_PENDLE_USDCShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PENDLEUSDTshort | +0.0036% | 8h | 2.5195 | +0.009% | $27.5M | $38.9M | 75x | |
| Aster PENDLEUSDT | +0.0076% | 8h | 2.5142 | −0.204% | $41K | $177K | 10x | as long as short |
| Aevo PENDLE-PERP | +0.0088% | 1h | 2.5163 | −0.119% | $26K | — | 3x | as long as short |
| Lighter PENDLE | +0.0096% | 1h | 2.5180 | −0.052% | $551K | $375K | 5x | as long as short |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.5159 | −0.134% | $35K | $22K | 10x | as long as short |
| Hyperliquid PENDLE | +0.0100% | 1h | 2.5225 | +0.127% | $12.5M | $5.5M | 5x | as long as short |
| Bybit PENDLEUSDT | +0.0100% | 8h | 2.5180 | −0.052% | $15.6M | $12.3M | 50x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.5190 | −0.012% | $3.3M | $5.6M | 50x | as long as short |
| Gate PENDLE_USDT | +0.0100% | 8h | 2.5170 | −0.091% | $850K | $1.1M | 75x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.5153 | −0.159% | $909K | $605K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.5183 | −0.040% | $3.8M | $2.6M | 75x | as long as short |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.5188 | −0.020% | — | $36.4M | — | as long as short |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.5141 | −0.207% | $25K | $411K | 10x | as long as short |
| GRVT PENDLE_USDT_Perp | +0.0100% | 8h | 2.5138 | −0.218% | $427K | $1.6M | 10x | as long as short |
| ApeX Omni PENDLEUSDT | +0.0100% | 1h | 2.5100 | −0.369% | $77K | $239K | 50x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.5150 | −0.171% | $16K | $19K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.5199 | +0.024% | $2K | $1.7M | 20x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0200% / S −0.0277% | 1h | 2.5173 | −0.081% | $5K | — | 100x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0560% | 1h | 2.5240 | +0.187% | $118K | $438K | 25x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0764% | 1h | 2.5251 | +0.230% | $366K | $466K | 15x | as long as short |
Aster PENDLEUSDT
Aevo PENDLE-PERP
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
ApeX Omni PENDLEUSDT
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
GMX PENDLE/USD [PENDLE-USDC]
Coinbase International PENDLE-PERP-INTX
Backpack PENDLE_USDC_PERP