PENDLE

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.001%

Price spread now: Polymarket Perps against Aevo+0.237%52s7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Polymarket Perps

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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.237% dearer against Aevo than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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	2.4395	0.0064	pay 0.0008% / 1h	20m 24s	$26K	—	3x
Short	Polymarket Perps PENDLE-USD	2.4453	0.0100	get 0.0013% / 1h	20m 24s	$16K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.237%Rate

Funding earned: $7.56
Price spread: +0.237% → 0.000%: $23.7
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $7.26
Costs to cover: 0.240%
Break-even: 0.3 days

Slippage unknown: Aevo: no order-book sample; Polymarket Perps: 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 Polymarket Perps no order-book sample	—	—	—	—	—

Aevo and Polymarket Perps: 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 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
Injective PENDLE/USDC PERP	−0.5000%	1h	2.4660	+1.086%	$2K	$55K	5.5x	as long as short
ApeX Omni PENDLEUSDT	−0.0093%	1h	2.4388	−0.029%	$74K	$231K	50x	as long as short
Extended PENDLE-USD	−0.0080%	1h	2.4398	+0.011%	$162K	$936K	10x	as long as short
MEXC PENDLE_USDT	−0.0079%	8h	2.4415	+0.081%	$18.6M	$2.2M	125x	as long as short
Binance PENDLEUSDT	−0.0077%	8h	2.4425	+0.122%	$25.5M	$46.7M	75x	as long as short
Kraken Futures PF_PENDLEUSD	−0.0077%	1h	2.4435	+0.164%	$121K	$252K	20x	as long as short
BloFin PENDLE-USDT	−0.0069%	8h	2.4397	+0.007%	$1.1M	$518K	75x	as long as short
GRVT PENDLE_USDT_Perp	−0.0001%	8h	2.4406	+0.043%	$403K	$2.9M	10x	as long as short
dYdX PENDLE-USD	0.0000%	1h	2.4421	+0.106%	$10K	—	5x	as long as short
Deribit PENDLE_USDC-PERPETUAL	0.0000%	1h	2.4417	+0.089%	$25K	$12K	10x	as long as short

Show all 30 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_PENDLE_USDC	+0.0009%	8h	2.4423	+0.114%	$18K	$14K	10x	as long as short
Aster PENDLEUSDT	+0.0015%	8h	2.4415	+0.081%	$49K	$167K	10x	as long as short
Aevo PENDLE-PERPlong	+0.0064%	1h	2.4395	long leg	$26K	—	3x
Variational Omni PENDLE	+0.0076%	8h	2.4355	−0.165%	$573K	$1.1M	—	as long as short
Reya PENDLERUSDPERP	+0.0094%	1h	2.4422	+0.109%	$3K	—	15x	as long as short
Lighter PENDLE	+0.0096%	1h	2.4429	+0.139%	$657K	$512K	5x	as long as short
Paradex PENDLE-USD-PERP	+0.0100%	8h	2.4399	+0.014%	$34K	$1K	10x	as long as short
Bybit PENDLEUSDT	+0.0100%	8h	2.4400	+0.020%	$14.2M	$11.6M	50x	as long as short
OKX PENDLE-USDT-SWAP	+0.0100%	4h	2.4420	+0.102%	$3.1M	$6.8M	50x	as long as short
Gate PENDLE_USDT	+0.0100%	8h	2.4420	+0.102%	$772K	$967K	75x	as long as short
KuCoin PENDLEUSDTM	+0.0100%	8h	2.4407	+0.048%	$685K	$502K	50x	as long as short
Bitget PENDLEUSDT	+0.0100%	8h	2.4419	+0.098%	$3.8M	$2.4M	75x	as long as short
BingX PENDLE-USDT	+0.0100%	8h	2.4409	+0.057%	—	$8.3M	—	as long as short
edgeX PENDLEUSDC	+0.0100%	4h	2.4381	−0.060%	$23K	$369K	10x	as long as short
Polymarket Perps PENDLE-USDshort	+0.0100%	1h	2.4453	+0.237%	$16K	$4K	5x
SunX PENDLE-USDT	+0.0100%	8h	2.4397	+0.007%	$2K	$1.8M	20x	as long as short
GMX PENDLE/USD [PENDLE-USDC]	L +0.0184% / S −0.0207%	1h	2.4419	+0.096%	$5K	—	100x	as long as short
Hyperliquid PENDLE	+0.0422%	1h	2.4476	+0.331%	$13.0M	$6.0M	5x	as long as short
Backpack PENDLE_USDC_PERP	+0.0621%	1h	2.4460	+0.266%	$365K	$420K	15x	as long as short
Coinbase International PENDLE-PERP-INTX	+0.0728%	1h	2.4430	+0.143%	$167K	$538K	25x	as long as short