Funding you earn now, next payment 05:00 UTC−0.0105%/8h= −11.5% APRpaid last 24h −0.020%
Price spread now: Orderly against Aevo+0.010%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: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo PENDLE-PERP | 2.4520 | 0.0064 | pay 0.0008% / 1h | 28m 28s | $26K | — | 3x |
| Short | Orderly PERP_PENDLE_USDC | 2.4523 | −0.0041 | pay 0.0041% / 8h | 3h 28m | $19K | $15K | 10x |
Aevo PENDLE-PERP
Orderly PERP_PENDLE_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Aevo. 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
- −$22.13
- Price spread: +0.010% → 0.000%
- $1.02
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$43.11
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Orderly: 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Aevo and Orderly: 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 | −0.4243% | 1h | 2.4320 | −0.818% | $2K | $54K | 5.5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.0524% | 1h | 2.4527 | +0.027% | $25K | $14K | 10x | as long as short |
| ApeX Omni PENDLEUSDT | −0.0129% | 1h | 2.4570 | +0.202% | $75K | $234K | 50x | as long as short |
| BloFin PENDLE-USDT | −0.0065% | 8h | 2.4525 | +0.018% | $1.1M | $595K | 75x | as long as short |
| Gate PENDLE_USDT | −0.0062% | 8h | 2.4550 | +0.120% | $718K | $1.1M | 75x | as long as short |
| Binance PENDLEUSDT | −0.0057% | 8h | 2.4559 | +0.157% | $26.0M | $44.2M | 75x | as long as short |
| MEXC PENDLE_USDT | −0.0057% | 8h | 2.4557 | +0.149% | $17.4M | $2.0M | 125x | as long as short |
| Extended PENDLE-USD | −0.0056% | 1h | 2.4540 | +0.080% | $158K | $581K | 10x | as long as short |
| Orderly PERP_PENDLE_USDCshort | −0.0041% | 8h | 2.4523 | +0.010% | $19K | $15K | 10x | |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.4563 | +0.171% | $10K | — | 5x | as long as short |
Injective PENDLE/USDC PERP
Deribit PENDLE_USDC-PERPETUAL
ApeX Omni PENDLEUSDT
BloFin PENDLE-USDT
Gate PENDLE_USDT
Binance PENDLEUSDT
MEXC PENDLE_USDT
Extended PENDLE-USD
dYdX PENDLE-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PENDLEUSDT | +0.0002% | 8h | 2.4627 | +0.434% | $47K | $172K | 10x | as long as short |
| GRVT PENDLE_USDT_Perp | +0.0042% | 8h | 2.4598 | +0.318% | $406K | $2.0M | 10x | as long as short |
| Variational Omni PENDLE | +0.0063% | 8h | 2.4581 | +0.246% | $551K | $1.4M | — | as long as short |
| Aevo PENDLE-PERPlong | +0.0064% | 1h | 2.4520 | long leg | $26K | — | 3x | |
| Reya PENDLERUSDPERP | +0.0069% | 1h | 2.4558 | +0.153% | $3K | — | 15x | as long as short |
| Lighter PENDLE | +0.0096% | 1h | 2.4554 | +0.137% | $515K | $428K | 5x | as long as short |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.4544 | +0.096% | $34K | $11K | 10x | as long as short |
| Bybit PENDLEUSDT | +0.0100% | 8h | 2.4550 | +0.120% | $14.4M | $12.1M | 50x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.4570 | +0.202% | $3.1M | $6.4M | 50x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.4573 | +0.214% | $888K | $552K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.4559 | +0.157% | $3.7M | $2.3M | 75x | as long as short |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.4547 | +0.108% | — | $8.4M | — | as long as short |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.4567 | +0.188% | $24K | $377K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.4584 | +0.259% | $16K | $7K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.4541 | +0.084% | $2K | $1.8M | 20x | as long as short |
| Hyperliquid PENDLE | +0.0165% | 1h | 2.4612 | +0.373% | $12.8M | $6.1M | 5x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0196% / S −0.0222% | 1h | 2.4535 | +0.058% | $5K | — | 100x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0640% | 1h | 2.4560 | +0.161% | $146K | $499K | 25x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0713% | 1h | 2.4594 | +0.300% | $357K | $400K | 15x | as long as short |
| Kraken Futures PF_PENDLEUSD | +0.1183% | 1h | 2.4603 | +0.338% | $115K | $269K | 20x | as long as short |
Aster PENDLEUSDT
GRVT PENDLE_USDT_Perp
Variational Omni PENDLE
Reya PENDLERUSDPERP
Lighter PENDLE
Paradex PENDLE-USD-PERP
Bybit PENDLEUSDT
OKX PENDLE-USDT-SWAP
KuCoin PENDLEUSDTM
Bitget PENDLEUSDT
BingX PENDLE-USDT
edgeX PENDLEUSDC
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
Hyperliquid PENDLE
GMX PENDLE/USD [PENDLE-USDC]
Coinbase International PENDLE-PERP-INTX
Backpack PENDLE_USDC_PERP
Kraken Futures PF_PENDLEUSD