Funding you earn now, next payment 22:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.037%
Price spread now: Reya against Aevo+0.011%7-day average — · you sell dearer than you buy
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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 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 | 2.5046 | 0.0088 | pay 0.0011% / 1h | 0m 01s | $26K | — | 3x |
| Short | Reya PENDLERUSDPERP | 2.5048 | 0.0038 | get 0.0005% / 1h | 0m 01s | $4K | — | 15x |
Aevo PENDLE-PERP
Reya PENDLERUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$10.56
- Price spread: +0.011% → 0.000%
- $1.1
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$31.46
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Reya: 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 Reya no order-book sample | — | — | — | — | — |
Aevo and Reya: 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 | −0.4806% | 1h | 2.4770 | −1.100% | $2K | $53K | 5.5x | as long as short |
| Kraken Futures PF_PENDLEUSD | −0.0432% | 1h | 2.5087 | +0.166% | $149K | $275K | 20x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.0189% | 1h | 2.5059 | +0.054% | $30K | $10K | 10x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.5059 | +0.056% | $11K | — | 5x | as long as short |
| Orderly PERP_PENDLE_USDC | +0.0032% | 8h | 2.5047 | +0.006% | $20K | $16K | 10x | as long as short |
| Reya PENDLERUSDPERPshort | +0.0038% | 1h | 2.5048 | +0.011% | $4K | — | 15x | |
| Binance PENDLEUSDT | +0.0040% | 8h | 2.5033 | −0.050% | $27.2M | $39.6M | 75x | as long as short |
| Extended PENDLE-USD | +0.0040% | 1h | 2.5028 | −0.071% | $165K | $524K | 10x | as long as short |
| MEXC PENDLE_USDT | +0.0040% | 8h | 2.5033 | −0.050% | $16.9M | $2.3M | 125x | as long as short |
| BloFin PENDLE-USDT | +0.0043% | 8h | 2.5054 | +0.034% | $1.3M | $735K | 75x | as long as short |
Injective PENDLE/USDC PERP
Kraken Futures PF_PENDLEUSD
Deribit PENDLE_USDC-PERPETUAL
dYdX PENDLE-USD
Orderly PERP_PENDLE_USDC
Binance PENDLEUSDT
Extended PENDLE-USD
MEXC PENDLE_USDT
BloFin PENDLE-USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PENDLE | +0.0053% | 8h | 2.5054 | +0.033% | $615K | $2.1M | — | as long as short |
| ApeX Omni PENDLEUSDT | +0.0066% | 1h | 2.5059 | +0.054% | $76K | $240K | 50x | as long as short |
| Aevo PENDLE-PERPlong | +0.0088% | 1h | 2.5046 | long leg | $26K | — | 3x | |
| Lighter PENDLE | +0.0096% | 1h | 2.5047 | +0.006% | $542K | $399K | 5x | as long as short |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.5019 | −0.107% | $35K | $22K | 10x | as long as short |
| Hyperliquid PENDLE | +0.0100% | 1h | 2.5075 | +0.118% | $12.3M | $5.6M | 5x | as long as short |
| Aster PENDLEUSDT | +0.0100% | 8h | 2.5044 | −0.005% | $41K | $172K | 10x | as long as short |
| Bybit PENDLEUSDT | +0.0100% | 8h | 2.5021 | −0.098% | $15.5M | $11.9M | 50x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.5040 | −0.022% | $3.2M | $5.7M | 50x | as long as short |
| Gate PENDLE_USDT | +0.0100% | 8h | 2.5040 | −0.022% | $854K | $1.1M | 75x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.5028 | −0.070% | $892K | $608K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.5021 | −0.098% | $3.7M | $2.7M | 75x | as long as short |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.5027 | −0.074% | — | $36.3M | — | as long as short |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.5047 | +0.007% | $25K | $412K | 10x | as long as short |
| GRVT PENDLE_USDT_Perp | +0.0100% | 8h | 2.5044 | −0.006% | $422K | $1.6M | 10x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.5062 | +0.066% | $16K | $19K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.5063 | +0.070% | $2K | $1.7M | 20x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0200% / S −0.0277% | 1h | 2.5063 | +0.068% | $5K | — | 100x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0560% | 1h | 2.5090 | +0.178% | $117K | $418K | 25x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0817% | 1h | 2.5097 | +0.206% | $359K | $459K | 15x | as long as short |
Variational Omni PENDLE
ApeX Omni PENDLEUSDT
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
GRVT PENDLE_USDT_Perp
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
GMX PENDLE/USD [PENDLE-USDC]
Coinbase International PENDLE-PERP-INTX
Backpack PENDLE_USDC_PERP