PENDLE

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h +0.027%

Price spread now: Aevo against dYdX−0.211%7-day average — · you buy dearer than you sell

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

Long on dYdX 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

Funding pays, the price is against you. Aevo is 0.211% cheaper against dYdX than usual: you would sell low and buy high (spread −0.211% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 8.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX PENDLE-USD	2.4546	0	get 0.0000% / 1h	5m 38s	$10K	—	5x
Short	Aevo PENDLE-PERP	2.4494	0.0088	get 0.0011% / 1h	5m 38s	$26K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against dYdX. 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 dYdXbpFee AevobpOrdersPrice spread, now −0.211%Rate

Funding earned: $18.48
Price spread: −0.211% → 0.000%: −$21.11
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$28.63
Costs to cover: 0.260%
Break-even: 17.8 days

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

dYdX 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 PERP	−0.4348%	1h	2.4230	−1.286%	$2K	$54K	5.5x	as long as short
Deribit PENDLE_USDC-PERPETUAL	−0.0239%	1h	2.4512	−0.137%	$25K	$16K	10x	as long as short
Orderly PERP_PENDLE_USDC	−0.0017%	8h	2.4499	−0.190%	$19K	$15K	10x	as long as short
dYdX PENDLE-USDlong	0.0000%	1h	2.4546	long leg	$10K	—	5x
BloFin PENDLE-USDT	+0.0020%	8h	2.4513	−0.133%	$1.1M	$478K	75x	as long as short
Binance PENDLEUSDT	+0.0023%	8h	2.4487	−0.239%	$25.8M	$45.4M	75x	as long as short
MEXC PENDLE_USDT	+0.0023%	8h	2.4502	−0.178%	$17.5M	$2.0M	125x	as long as short
Extended PENDLE-USD	+0.0024%	1h	2.4487	−0.241%	$158K	$471K	10x	as long as short
Gate PENDLE_USDT	+0.0047%	8h	2.4520	−0.104%	$788K	$1.0M	75x	as long as short
Reya PENDLERUSDPERP	+0.0081%	1h	2.4514	−0.127%	$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	2.4494	−0.211%	$26K	—	3x
Lighter PENDLE	+0.0096%	1h	2.4514	−0.129%	$519K	$417K	5x	as long as short
Paradex PENDLE-USD-PERP	+0.0100%	8h	2.4491	−0.223%	$34K	$7K	10x	as long as short
Hyperliquid PENDLE	+0.0100%	1h	2.4549	+0.014%	$12.8M	$6.1M	5x	as long as short
Aster PENDLEUSDT	+0.0100%	8h	2.4504	−0.169%	$46K	$168K	10x	as long as short
Bybit PENDLEUSDT	+0.0100%	8h	2.4475	−0.288%	$14.3M	$12.2M	50x	as long as short
OKX PENDLE-USDT-SWAP	+0.0100%	4h	2.4500	−0.186%	$3.1M	$6.7M	50x	as long as short
KuCoin PENDLEUSDTM	+0.0100%	8h	2.4525	−0.084%	$872K	$549K	50x	as long as short
Bitget PENDLEUSDT	+0.0100%	8h	2.4503	−0.173%	$3.8M	$2.4M	75x	as long as short
BingX PENDLE-USDT	+0.0100%	8h	2.4488	−0.235%	—	$8.2M	—	as long as short
Variational Omni PENDLE	+0.0100%	8h	2.4496	−0.203%	$595K	$1.4M	—	as long as short
edgeX PENDLEUSDC	+0.0100%	4h	2.4502	−0.177%	$24K	$370K	10x	as long as short
GRVT PENDLE_USDT_Perp	+0.0100%	8h	2.4496	−0.201%	$412K	$2.4M	10x	as long as short
ApeX Omni PENDLEUSDT	+0.0100%	1h	2.4508	−0.153%	$75K	$233K	50x	as long as short
Polymarket Perps PENDLE-USD	+0.0100%	1h	2.4536	−0.039%	$16K	$4K	5x	as long as short
SunX PENDLE-USDT	+0.0100%	8h	2.4523	−0.092%	$2K	$1.8M	20x	as long as short
GMX PENDLE/USD [PENDLE-USDC]	L +0.0196% / S −0.0222%	1h	2.4524	−0.089%	$5K	—	100x	as long as short
Backpack PENDLE_USDC_PERP	+0.0534%	1h	2.4556	+0.042%	$351K	$434K	15x	as long as short
Coinbase International PENDLE-PERP-INTX	+0.0688%	1h	2.4550	+0.018%	$158K	$507K	25x	as long as short
Kraken Futures PF_PENDLEUSD	+0.1659%	1h	2.4567	+0.088%	$115K	$260K	20x	as long as short