Funding you earn now, next payment 01:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.032%
Price spread now: SunX against Reya+0.017%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: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya PENDLERUSDPERP | 2.5268 | 0.0052 | pay 0.0006% / 1h | 4m 35s | $4K | — | 15x |
| Short | SunX PENDLE-USDT | 2.5272 | 0.0100 | get 0.0100% / 8h | 7h 04m | $1K | $1.8M | 20x |
Reya PENDLERUSDPERP
SunX PENDLE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Reya. 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
- $10.13
- Price spread: +0.017% → 0.000%
- $1.71
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$2.16
- Costs to cover
- 0.140%
- Break-even
- 8.5 days
Slippage unknown: Reya: no order-book sample; SunX: live order book, 11 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 11 min ago | 500.34 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 | −0.4643% | 1h | 2.5030 | −0.941% | $2K | $54K | 5.5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.0224% | 1h | 2.5283 | +0.061% | $26K | $14K | 10x | as long as short |
| Bybit PENDLEUSDT | −0.0184% | 8h | 2.5292 | +0.096% | $15.5M | $12.0M | 50x | as long as short |
| Binance PENDLEUSDT | −0.0106% | 8h | 2.5311 | +0.171% | $27.4M | $42.8M | 75x | as long as short |
| Extended PENDLE-USD | −0.0104% | 1h | 2.5293 | +0.101% | $165K | $565K | 10x | as long as short |
| BloFin PENDLE-USDT | −0.0104% | 8h | 2.5267 | −0.003% | $1.3M | $660K | 75x | as long as short |
| MEXC PENDLE_USDT | −0.0103% | 8h | 2.5315 | +0.187% | $17.1M | $1.9M | 125x | as long as short |
| GRVT PENDLE_USDT_Perp | −0.0095% | 8h | 2.5402 | +0.533% | $420K | $1.7M | 10x | as long as short |
| ApeX Omni PENDLEUSDT | −0.0057% | 1h | 2.5447 | +0.710% | $78K | $237K | 50x | as long as short |
| Variational Omni PENDLE | −0.0032% | 8h | 2.5240 | −0.108% | $608K | $1.8M | — | as long as short |
Injective PENDLE/USDC PERP
Deribit PENDLE_USDC-PERPETUAL
Bybit PENDLEUSDT
Binance PENDLEUSDT
Extended PENDLE-USD
BloFin PENDLE-USDT
MEXC PENDLE_USDT
GRVT PENDLE_USDT_Perp
ApeX Omni PENDLEUSDT
Variational Omni PENDLEShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_PENDLE_USDC | −0.0026% | 8h | 2.5276 | +0.033% | $20K | $16K | 10x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.5337 | +0.275% | $11K | — | 5x | as long as short |
| Aster PENDLEUSDT | +0.0030% | 8h | 2.5289 | +0.085% | $47K | $181K | 10x | as long as short |
| Reya PENDLERUSDPERPlong | +0.0052% | 1h | 2.5268 | long leg | $4K | — | 15x | |
| Aevo PENDLE-PERP | +0.0056% | 1h | 2.5268 | +0.001% | $26K | — | 3x | as long as short |
| Lighter PENDLE | +0.0096% | 1h | 2.5322 | +0.215% | $538K | $418K | 5x | as long as short |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.5309 | +0.162% | $35K | $18K | 10x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.5300 | +0.128% | $3.2M | $6.0M | 50x | as long as short |
| Gate PENDLE_USDT | +0.0100% | 8h | 2.5310 | +0.168% | $791K | $1.2M | 75x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.5315 | +0.187% | $879K | $589K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.5304 | +0.144% | $3.8M | $2.5M | 75x | as long as short |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.5306 | +0.152% | — | $35.7M | — | as long as short |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.5368 | +0.398% | $25K | $381K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.5290 | +0.088% | $16K | $20K | 5x | as long as short |
| SunX PENDLE-USDTshort | +0.0100% | 8h | 2.5272 | +0.017% | $1K | $1.8M | 20x | |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0158% / S −0.0290% | 1h | 2.5288 | +0.079% | $7K | — | 100x | as long as short |
| Hyperliquid PENDLE | +0.0364% | 1h | 2.5372 | +0.413% | $13.1M | $6.4M | 5x | as long as short |
| Kraken Futures PF_PENDLEUSD | +0.0615% | 1h | 2.5324 | +0.222% | $118K | $291K | 20x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0728% | 1h | 2.5320 | +0.207% | $145K | $464K | 25x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0884% | 1h | 2.5323 | +0.219% | $355K | $486K | 15x | as long as short |
Orderly PERP_PENDLE_USDC
dYdX PENDLE-USD
Aster PENDLEUSDT
Aevo PENDLE-PERP
Lighter PENDLE
Paradex PENDLE-USD-PERP
OKX PENDLE-USDT-SWAP
Gate PENDLE_USDT
KuCoin PENDLEUSDTM
Bitget PENDLEUSDT
BingX PENDLE-USDT
edgeX PENDLEUSDC
Polymarket Perps PENDLE-USD
GMX PENDLE/USD [PENDLE-USDC]
Hyperliquid PENDLE
Kraken Futures PF_PENDLEUSD
Coinbase International PENDLE-PERP-INTX
Backpack PENDLE_USDC_PERP