PENDLE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.02 per $10,000 · paid last 24h −0.010%

Price spread now: ApeX Omni against Aevo−0.049%70s7-day average — · you buy dearer than you sell

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

Long on Aevo Short on ApeX Omni

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. ApeX Omni is 0.049% cheaper against Aevo than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 14 days of funding at the current rate ($0 a day). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo PENDLE-PERP	2.4594	0.0088	pay 0.0011% / 1h	57m 45s	$26K	—	3x
Short	ApeX Omni PENDLEUSDT	2.4582	0.0100	get 0.0013% / 1h	57m 45s	$75K	$233K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aevo. 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 AevobpFee ApeX OmnibpOrdersPrice spread, now −0.049%Rate

Funding earned: $2.52
Price spread: −0.049% → 0.000%: −$4.88
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$28.36
Costs to cover: 0.260%
Break-even: 85.8 days

Slippage unknown: Aevo: no order-book sample; ApeX Omni: live order book, 49 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 Aevo no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 49 min ago	6.34 bp	13.4 bp −$13	94.2 bp −$942	doesn't fit	doesn't fit

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	2.4340	−1.033%	$2K	$54K	5.5x	as long as short
Deribit PENDLE_USDC-PERPETUAL	−0.0440%	1h	2.4604	+0.041%	$25K	$16K	10x	as long as short
Orderly PERP_PENDLE_USDC	−0.0034%	8h	2.4596	+0.008%	$19K	$15K	10x	as long as short
dYdX PENDLE-USD	0.0000%	1h	2.4611	+0.070%	$10K	—	5x	as long as short
Gate PENDLE_USDT	+0.0009%	8h	2.4620	+0.106%	$753K	$1.0M	75x	as long as short
MEXC PENDLE_USDT	+0.0037%	8h	2.4586	−0.033%	$17.5M	$2.0M	125x	as long as short
Binance PENDLEUSDT	+0.0039%	8h	2.4569	−0.101%	$25.9M	$44.9M	75x	as long as short
Extended PENDLE-USD	+0.0040%	1h	2.4582	−0.049%	$160K	$574K	10x	as long as short
BloFin PENDLE-USDT	+0.0063%	8h	2.4580	−0.057%	$1.1M	$531K	75x	as long as short
Reya PENDLERUSDPERP	+0.0076%	1h	2.4630	+0.146%	$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-PERPlong	+0.0088%	1h	2.4594	long leg	$26K	—	3x
Lighter PENDLE	+0.0096%	1h	2.4590	−0.016%	$520K	$415K	5x	as long as short
Paradex PENDLE-USD-PERP	+0.0100%	8h	2.4637	+0.174%	$34K	$9K	10x	as long as short
Aster PENDLEUSDT	+0.0100%	8h	2.4605	+0.043%	$47K	$170K	10x	as long as short
Bybit PENDLEUSDT	+0.0100%	8h	2.4585	−0.037%	$14.4M	$12.2M	50x	as long as short
OKX PENDLE-USDT-SWAP	+0.0100%	4h	2.4600	+0.024%	$3.1M	$6.6M	50x	as long as short
KuCoin PENDLEUSDTM	+0.0100%	8h	2.4629	+0.142%	$881K	$560K	50x	as long as short
Bitget PENDLEUSDT	+0.0100%	8h	2.4605	+0.045%	$3.8M	$2.4M	75x	as long as short
BingX PENDLE-USDT	+0.0100%	8h	2.4604	+0.041%	—	$8.4M	—	as long as short
Variational Omni PENDLE	+0.0100%	8h	2.4560	−0.136%	$562K	$1.4M	—	as long as short
edgeX PENDLEUSDC	+0.0100%	4h	2.4573	−0.086%	$24K	$373K	10x	as long as short
GRVT PENDLE_USDT_Perp	+0.0100%	8h	2.4575	−0.077%	$410K	$2.2M	10x	as long as short
ApeX Omni PENDLEUSDTshort	+0.0100%	1h	2.4582	−0.049%	$75K	$233K	50x
Polymarket Perps PENDLE-USD	+0.0100%	1h	2.4657	+0.256%	$16K	$7K	5x	as long as short
SunX PENDLE-USDT	+0.0100%	8h	2.4618	+0.098%	$2K	$1.8M	20x	as long as short
GMX PENDLE/USD [PENDLE-USDC]	L +0.0196% / S −0.0222%	1h	2.4616	+0.089%	$5K	—	100x	as long as short
Hyperliquid PENDLE	+0.0314%	1h	2.4633	+0.159%	$12.8M	$6.1M	5x	as long as short
Coinbase International PENDLE-PERP-INTX	+0.0688%	1h	2.4710	+0.472%	$161K	$539K	25x	as long as short
Backpack PENDLE_USDC_PERP	+0.1367%	1h	2.4654	+0.244%	$354K	$432K	15x	as long as short
Kraken Futures PF_PENDLEUSD	+0.1654%	1h	2.4638	+0.177%	$116K	$263K	20x	as long as short