Funding you earn now, next payment 23:00 UTC−0.0075%/8h= −8.2% APRpaid last 24h −0.003%
Price spread now: MEXC against Aevo−0.002%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo PENDLE-PERP | 2.4912 | 0.0080 | pay 0.0010% / 1h | 18m 58s | $26K | — | 3x |
| Short | MEXC PENDLE_USDT | 2.4911 | 0.0005 | get 0.0005% / 8h | 1h 18m | $16.8M | $2.1M | 125x |
Aevo PENDLE-PERP
MEXC PENDLE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Aevo. 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
- −$15.75
- Price spread: −0.002% → 0.000%
- −$0.22
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$35.97
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; MEXC: live order book, 5 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 MEXC live order book, 5 min ago | 1.20 bp | 6.5 bp −$7 | 26.2 bp −$262 | 91.9 bp −$9,188 | 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 | −0.3656% | 1h | 2.4770 | −0.568% | $2K | $53K | 5.5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.0231% | 1h | 2.4921 | +0.038% | $29K | $10K | 10x | as long as short |
| ApeX Omni PENDLEUSDT | −0.0050% | 1h | 2.4960 | +0.194% | $76K | $239K | 50x | as long as short |
| BloFin PENDLE-USDT | −0.0009% | 8h | 2.4911 | −0.002% | $1.3M | $736K | 75x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.4968 | +0.228% | $10K | — | 5x | as long as short |
| MEXC PENDLE_USDTshort | +0.0005% | 8h | 2.4911 | −0.002% | $16.8M | $2.1M | 125x | |
| Binance PENDLEUSDT | +0.0006% | 8h | 2.4901 | −0.042% | $26.9M | $40.8M | 75x | as long as short |
| Extended PENDLE-USD | +0.0008% | 1h | 2.4880 | −0.128% | $164K | $526K | 10x | as long as short |
| Orderly PERP_PENDLE_USDC | +0.0019% | 8h | 2.4913 | +0.006% | $20K | $16K | 10x | as long as short |
| Reya PENDLERUSDPERP | +0.0041% | 1h | 2.4915 | +0.012% | $4K | — | 15x | as long as short |
Injective PENDLE/USDC PERP
Deribit PENDLE_USDC-PERPETUAL
ApeX Omni PENDLEUSDT
BloFin PENDLE-USDT
dYdX PENDLE-USD
Binance PENDLEUSDT
Extended PENDLE-USD
Orderly PERP_PENDLE_USDC
Reya PENDLERUSDPERPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PENDLE | +0.0065% | 8h | 2.4937 | +0.102% | $551K | $2.0M | — | as long as short |
| GRVT PENDLE_USDT_Perp | +0.0080% | 8h | 2.4959 | +0.191% | $415K | $1.6M | 10x | as long as short |
| Aevo PENDLE-PERPlong | +0.0080% | 1h | 2.4912 | long leg | $26K | — | 3x | |
| Lighter PENDLE | +0.0096% | 1h | 2.4923 | +0.046% | $524K | $424K | 5x | as long as short |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.4913 | +0.004% | $35K | $20K | 10x | as long as short |
| Hyperliquid PENDLE | +0.0100% | 1h | 2.4962 | +0.203% | $12.3M | $6.0M | 5x | as long as short |
| Aster PENDLEUSDT | +0.0100% | 8h | 2.4930 | +0.076% | $44K | $176K | 10x | as long as short |
| Bybit PENDLEUSDT | +0.0100% | 8h | 2.4890 | −0.087% | $15.3M | $11.9M | 50x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.4940 | +0.114% | $3.2M | $5.9M | 50x | as long as short |
| Gate PENDLE_USDT | +0.0100% | 8h | 2.4910 | −0.006% | $781K | $1.2M | 75x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.4935 | +0.094% | $891K | $614K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.4879 | −0.131% | $3.7M | $2.7M | 75x | as long as short |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.4911 | −0.002% | — | $36.2M | — | as long as short |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.4953 | +0.168% | $25K | $397K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.4943 | +0.126% | $16K | $20K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.4934 | +0.090% | $1K | $1.7M | 20x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0199% / S −0.0256% | 1h | 2.4931 | +0.079% | $5K | — | 100x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0592% | 1h | 2.5020 | +0.435% | $139K | $462K | 25x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0683% | 1h | 2.4962 | +0.203% | $352K | $474K | 15x | as long as short |
| Kraken Futures PF_PENDLEUSD | +0.0754% | 1h | 2.4976 | +0.260% | $120K | $304K | 20x | as long as short |
Variational Omni PENDLE
GRVT PENDLE_USDT_Perp
Lighter PENDLE
Paradex PENDLE-USD-PERP
Hyperliquid PENDLE
Aster PENDLEUSDT
Bybit PENDLEUSDT
OKX PENDLE-USDT-SWAP
Gate PENDLE_USDT
KuCoin PENDLEUSDTM
Bitget PENDLEUSDT
BingX PENDLE-USDT
edgeX PENDLEUSDC
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
GMX PENDLE/USD [PENDLE-USDC]
Coinbase International PENDLE-PERP-INTX
Backpack PENDLE_USDC_PERP
Kraken Futures PF_PENDLEUSD