PENDLE

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.026%

Price spread now: Aevo against GMX−0.047%7-day average — · you buy dearer than you sell

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

Long on GMX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 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 against this trade now: funding costs −$3 a day on $10k at the current rate, and Aevo is 0.047% cheaper against GMX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX PENDLE/USD [PENDLE-USDC]	2.4955	L +0.0158% / S −0.0257%	pay 0.0020% / 1h	11m 15s	$7K	—	100x
Short	Aevo PENDLE-PERP	2.4943	0.0064	get 0.0008% / 1h	11m 15s	$26K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against GMX. 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 GMXbpFee AevobpOrdersPrice spread, now −0.047%Rate

Funding earned: −$19.78
Price spread: −0.047% → 0.000%: −$4.72
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$52.5
Costs to cover: 0.280%
Break-even: never at this rate

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

GMX 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	−0.4938%	1h	2.4720	−0.943%	$2K	$54K	5.5x	as long as short
BloFin PENDLE-USDT	−0.0081%	8h	2.4957	+0.007%	$1.3M	$654K	75x	as long as short
Binance PENDLEUSDT	−0.0074%	8h	2.4955	+0.001%	$26.7M	$43.6M	75x	as long as short
MEXC PENDLE_USDT	−0.0073%	8h	2.4956	+0.003%	$17.5M	$1.9M	125x	as long as short
Extended PENDLE-USD	−0.0072%	1h	2.4940	−0.060%	$162K	$570K	10x	as long as short
Orderly PERP_PENDLE_USDC	−0.0035%	8h	2.4956	+0.003%	$19K	$15K	10x	as long as short
Aster PENDLEUSDT	−0.0024%	8h	2.4933	−0.090%	$47K	$177K	10x	as long as short
dYdX PENDLE-USD	0.0000%	1h	2.4936	−0.079%	$10K	—	5x	as long as short
Deribit PENDLE_USDC-PERPETUAL	0.0000%	1h	2.4964	+0.035%	$26K	$14K	10x	as long as short
Variational Omni PENDLE	+0.0017%	8h	2.5015	+0.240%	$563K	$1.8M	—	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate PENDLE_USDT	+0.0060%	8h	2.4930	−0.101%	$721K	$1.1M	75x	as long as short
Reya PENDLERUSDPERP	+0.0061%	1h	2.4954	−0.005%	$4K	—	15x	as long as short
Aevo PENDLE-PERPshort	+0.0064%	1h	2.4943	−0.047%	$26K	—	3x
GRVT PENDLE_USDT_Perp	+0.0082%	8h	2.4986	+0.123%	$419K	$1.8M	10x	as long as short
Lighter PENDLE	+0.0096%	1h	2.4955	−0.001%	$533K	$418K	5x	as long as short
Paradex PENDLE-USD-PERP	+0.0100%	8h	2.4939	−0.065%	$35K	$15K	10x	as long as short
Hyperliquid PENDLE	+0.0100%	1h	2.4996	+0.163%	$12.7M	$6.0M	5x	as long as short
Bybit PENDLEUSDT	+0.0100%	8h	2.4945	−0.041%	$14.9M	$12.3M	50x	as long as short
OKX PENDLE-USDT-SWAP	+0.0100%	4h	2.4960	+0.019%	$3.1M	$6.2M	50x	as long as short
KuCoin PENDLEUSDTM	+0.0100%	8h	2.4948	−0.029%	$852K	$573K	50x	as long as short
Bitget PENDLEUSDT	+0.0100%	8h	2.4941	−0.057%	$3.7M	$2.4M	75x	as long as short
BingX PENDLE-USDT	+0.0100%	8h	2.4951	−0.017%	—	$33.5M	—	as long as short
edgeX PENDLEUSDC	+0.0100%	4h	2.4977	+0.088%	$25K	$376K	10x	as long as short
ApeX Omni PENDLEUSDT	+0.0100%	1h	2.4992	+0.147%	$76K	$235K	50x	as long as short
Polymarket Perps PENDLE-USD	+0.0100%	1h	2.4979	+0.095%	$16K	$8K	5x	as long as short
SunX PENDLE-USDT	+0.0100%	8h	2.4952	−0.013%	$2K	$1.8M	20x	as long as short
GMX PENDLE/USD [PENDLE-USDC]long	L +0.0158% / S −0.0257%	1h	2.4955	long leg	$7K	—	100x
Coinbase International PENDLE-PERP-INTX	+0.0552%	1h	2.4980	+0.099%	$148K	$496K	25x	as long as short
Kraken Futures PF_PENDLEUSD	+0.0750%	1h	2.4989	+0.137%	$116K	$278K	20x	as long as short
Backpack PENDLE_USDC_PERP	+0.0792%	1h	2.4976	+0.083%	$361K	$488K	15x	as long as short