Funding you earn now, next payment 16:00 UTC−0.0175%/8h= −19.2% APRnext payment −$1.75 per $10,000 · paid last 24h −0.027%
Price spread now: MEXC against SunX−0.123%7-day average −0.019% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)+0.243%+$24 · spread now −0.123%, 7d avg −0.019%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and MEXC is 0.104% cheaper against SunX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.019%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX PENDLE-USDT | 2.4445 | 0.0100 | pay 0.0100% / 8h | 5h 57m | $2K | $1.8M | 20x |
| Short | MEXC PENDLE_USDT | 2.4415 | −0.0075 | pay 0.0075% / 8h | 5h 57m | $18.6M | $2.1M | 125x |
SunX PENDLE-USDT
MEXC PENDLE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against SunX. 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
- −$36.75
- Price spread: −0.123% → −0.019%
- −$10.42
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$59.17
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 3 min ago; MEXC: live order book, 4 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 SunX live order book, 3 min ago | 500.14 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.41 bp | 5.2 bp −$5 | 31.5 bp −$315 | 96.4 bp −$9,643 | doesn't fit |
PENDLE on 30 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit PENDLE_USDC-PERPETUAL | −0.0405% | 1h | 2.4421 | −0.098% | $25K | $10K | 10x | as long as short |
| Kraken Futures PF_PENDLEUSD | −0.0394% | 1h | 2.4445 | −0.002% | $122K | $252K | 20x | as long as short |
| Extended PENDLE-USD | −0.0080% | 1h | 2.4406 | −0.161% | $158K | $940K | 10x | as long as short |
| Binance PENDLEUSDT | −0.0077% | 8h | 2.4409 | −0.146% | $25.5M | $46.2M | 75x | as long as short |
| MEXC PENDLE_USDTshort | −0.0075% | 8h | 2.4415 | −0.123% | $18.6M | $2.1M | 125x | |
| BloFin PENDLE-USDT | −0.0064% | 8h | 2.4402 | −0.176% | $1.1M | $521K | 75x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.4479 | +0.141% | $10K | — | 5x | as long as short |
| Aster PENDLEUSDT | +0.0004% | 8h | 2.4446 | +0.004% | $51K | $166K | 10x | as long as short |
| Orderly PERP_PENDLE_USDC | +0.0014% | 8h | 2.4415 | −0.123% | $18K | $14K | 10x | as long as short |
| GRVT PENDLE_USDT_Perp | +0.0031% | 8h | 2.4451 | +0.025% | $403K | $3.0M | 10x | as long as short |
Deribit PENDLE_USDC-PERPETUAL
Kraken Futures PF_PENDLEUSD
Extended PENDLE-USD
Binance PENDLEUSDT
BloFin PENDLE-USDT
dYdX PENDLE-USD
Aster PENDLEUSDT
Orderly PERP_PENDLE_USDC
GRVT PENDLE_USDT_PerpShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni PENDLEUSDT | +0.0055% | 1h | 2.4460 | +0.061% | $74K | $231K | 50x | as long as short |
| Aevo PENDLE-PERP | +0.0064% | 1h | 2.4409 | −0.145% | $26K | — | 3x | as long as short |
| Variational Omni PENDLE | +0.0069% | 8h | 2.4444 | −0.003% | $575K | $1.0M | — | as long as short |
| Reya PENDLERUSDPERP | +0.0096% | 1h | 2.4418 | −0.110% | $3K | — | 15x | as long as short |
| Lighter PENDLE | +0.0096% | 1h | 2.4432 | −0.053% | $676K | $511K | 5x | as long as short |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.4412 | −0.136% | $34K | — | 10x | as long as short |
| Hyperliquid PENDLE | +0.0100% | 1h | 2.4454 | +0.037% | $13.0M | $6.0M | 5x | as long as short |
| Bybit PENDLEUSDT | +0.0100% | 8h | 2.4414 | −0.127% | $14.3M | $11.5M | 50x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.4410 | −0.143% | $3.1M | $6.8M | 50x | as long as short |
| Gate PENDLE_USDT | +0.0100% | 8h | 2.4430 | −0.061% | $776K | $959K | 75x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.4465 | +0.082% | $688K | $495K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.4424 | −0.086% | $3.9M | $2.4M | 75x | as long as short |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.4420 | −0.102% | — | $8.3M | — | as long as short |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.4449 | +0.018% | $23K | $369K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.4441 | −0.016% | $16K | $4K | 5x | as long as short |
| SunX PENDLE-USDTlong | +0.0100% | 8h | 2.4445 | long leg | $2K | $1.8M | 20x | |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0184% / S −0.0207% | 1h | 2.4430 | −0.063% | $5K | — | 100x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0547% | 1h | 2.4488 | +0.176% | $366K | $418K | 15x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0680% | 1h | 2.4550 | +0.430% | $168K | $538K | 25x | as long as short |
| Injective PENDLE/USDC PERP | +0.3871% | 1h | 2.4660 | +0.880% | $2K | $55K | 5.5x | as long as short |
ApeX Omni PENDLEUSDT
Aevo PENDLE-PERP
Variational Omni PENDLE
Reya PENDLERUSDPERP
Lighter PENDLE
Paradex PENDLE-USD-PERP
Hyperliquid PENDLE
Bybit PENDLEUSDT
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]
Backpack PENDLE_USDC_PERP
Coinbase International PENDLE-PERP-INTX
Injective PENDLE/USDC PERP