PENDLE

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.4315%/8h= −472.5% APRnext payment −$5.39 per $10,000 · paid last 24h −0.816%

Price spread now: Injective against Aevo−0.474%7-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 Injective

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

Both sides work against this trade now: funding costs −$129 a day on $10k at the current rate, and Injective is 0.474% cheaper against Aevo than usual: you would sell low and buy high (−$47 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	Aevo PENDLE-PERP	2.4416	0.0072	pay 0.0009% / 1h	1m 14s	$26K	—	3x
Short	Injective PENDLE/USDC PERP	2.4300	−0.4243	pay 0.0530% / 1h	1m 14s	$2K	$54K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −0.474%Rate

Funding earned: −$906.19
Price spread: −0.474% → 0.000%: −$47.4
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$969.6
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Injective: 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 Aevo no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Aevo and Injective: 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 PERPshort	−0.4243%	1h	2.4300	−0.474%	$2K	$54K	5.5x
Gate PENDLE_USDT	−0.0048%	8h	2.4440	+0.099%	$717K	$1.1M	75x	as long as short
Extended PENDLE-USD	−0.0040%	1h	2.4418	+0.008%	$157K	$579K	10x	as long as short
Binance PENDLEUSDT	−0.0037%	8h	2.4430	+0.058%	$25.8M	$44.4M	75x	as long as short
MEXC PENDLE_USDT	−0.0037%	8h	2.4436	+0.083%	$17.3M	$2.0M	125x	as long as short
Orderly PERP_PENDLE_USDC	−0.0037%	8h	2.4424	+0.034%	$19K	$15K	10x	as long as short
BloFin PENDLE-USDT	−0.0022%	8h	2.4437	+0.087%	$1.1M	$609K	75x	as long as short
dYdX PENDLE-USD	0.0000%	1h	2.4450	+0.141%	$10K	—	5x	as long as short
Deribit PENDLE_USDC-PERPETUAL	0.0000%	1h	2.4433	+0.071%	$24K	$15K	10x	as long as short
ApeX Omni PENDLEUSDT	+0.0023%	1h	2.4461	+0.185%	$74K	$233K	50x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PENDLEUSDT	+0.0053%	8h	2.4438	+0.091%	$46K	$171K	10x	as long as short
GRVT PENDLE_USDT_Perp	+0.0062%	8h	2.4502	+0.354%	$415K	$2.1M	10x	as long as short
Reya PENDLERUSDPERP	+0.0071%	1h	2.4432	+0.068%	$3K	—	15x	as long as short
Aevo PENDLE-PERPlong	+0.0072%	1h	2.4416	long leg	$26K	—	3x
Variational Omni PENDLE	+0.0086%	8h	2.4496	+0.328%	$550K	$1.4M	—	as long as short
Lighter PENDLE	+0.0096%	1h	2.4440	+0.099%	$515K	$432K	5x	as long as short
Paradex PENDLE-USD-PERP	+0.0100%	8h	2.4424	+0.033%	$34K	$11K	10x	as long as short
Bybit PENDLEUSDT	+0.0100%	8h	2.4430	+0.058%	$14.3M	$12.0M	50x	as long as short
OKX PENDLE-USDT-SWAP	+0.0100%	4h	2.4460	+0.181%	$3.1M	$6.4M	50x	as long as short
KuCoin PENDLEUSDTM	+0.0100%	8h	2.4438	+0.091%	$862K	$554K	50x	as long as short
Bitget PENDLEUSDT	+0.0100%	8h	2.4427	+0.046%	$3.6M	$2.3M	75x	as long as short
BingX PENDLE-USDT	+0.0100%	8h	2.4444	+0.116%	—	$8.4M	—	as long as short
edgeX PENDLEUSDC	+0.0100%	4h	2.4464	+0.198%	$24K	$376K	10x	as long as short
Polymarket Perps PENDLE-USD	+0.0100%	1h	2.4454	+0.157%	$16K	$7K	5x	as long as short
SunX PENDLE-USDT	+0.0100%	8h	2.4433	+0.071%	$1K	$1.8M	20x	as long as short
GMX PENDLE/USD [PENDLE-USDC]	L +0.0196% / S −0.0222%	1h	2.4428	+0.052%	$5K	—	100x	as long as short
Hyperliquid PENDLE	+0.0306%	1h	2.4466	+0.206%	$12.6M	$6.1M	5x	as long as short
Coinbase International PENDLE-PERP-INTX	+0.0640%	1h	2.4460	+0.181%	$150K	$507K	25x	as long as short
Backpack PENDLE_USDC_PERP	+0.0715%	1h	2.4480	+0.263%	$353K	$402K	15x	as long as short
Kraken Futures PF_PENDLEUSD	+0.1189%	1h	2.4491	+0.307%	$115K	$264K	20x	as long as short