PENDLE

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.96 per $10,000 · paid last 24h +0.008%

Price spread now: Aster against MEXC+0.068%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$288as in the Price arb table

costs, in and out, $10k−$2922.917% of the position

Long on MEXC Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.015%+$1 on $10k

Price spread, last 4 days (all we have)+0.081%+$8 · spread now +0.068%, 7d avg +0.026%

Together, before fees+0.095%+ Points / potential airdropAster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.042% dearer against MEXC than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC PENDLE_USDT	2.4254	0.0004	pay 0.0004% / 8h	7h 53m	$18.0M	$2.1M	125x
Short	Aster PENDLEUSDT	2.4271	0.0100	get 0.0100% / 8h	7h 53m	$47K	$168K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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 MEXCbpFee AsterbpOrdersPrice spread, now +0.068%Rate

Funding earned: $20.16
Price spread: +0.068% → +0.026%: $4.19
Slippage, 4 orders: −$279.74
Fee MEXC: 2 bp × 2 orders: −$4
Fee Aster: 4 bp × 2 orders: −$8
Net: −$267.39
Costs to cover: 2.917%
Break-even: 99.8 days

Slippage from MEXC: live order book, 5 min ago; Aster: live order book, 42 min ago.

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 MEXC live order book, 5 min ago	0.62 bp	5.7 bp −$6	26.6 bp −$266	101.8 bp −$10.2K	doesn't fit
Sell Aster live order book, 42 min ago	3.71 bp	72.8 bp −$73	doesn't fit	doesn't fit	doesn't fit

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	−0.3627%	1h	2.4040	−0.882%	$2K	$54K	5.5x	as long as short
Deribit PENDLE_USDC-PERPETUAL	−0.0409%	1h	2.4277	+0.095%	$25K	$16K	10x	as long as short
Gate PENDLE_USDT	−0.0278%	8h	2.4280	+0.107%	$768K	$990K	75x	as long as short
ApeX Omni PENDLEUSDT	−0.0023%	1h	2.4248	−0.025%	$74K	$232K	50x	as long as short
Orderly PERP_PENDLE_USDC	−0.0012%	8h	2.4262	+0.033%	$18K	$15K	10x	as long as short
dYdX PENDLE-USD	0.0000%	1h	2.4270	+0.066%	$10K	—	5x	as long as short
MEXC PENDLE_USDTlong	+0.0004%	8h	2.4254	long leg	$18.0M	$2.1M	125x
Binance PENDLEUSDT	+0.0005%	8h	2.4248	−0.025%	$25.4M	$46.2M	75x	as long as short
Extended PENDLE-USD	+0.0008%	1h	2.4244	−0.042%	$156K	$924K	10x	as long as short
BloFin PENDLE-USDT	+0.0009%	8h	2.4230	−0.099%	$1.1M	$502K	75x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo PENDLE-PERP	+0.0080%	1h	2.4266	+0.050%	$25K	—	3x	as long as short
Reya PENDLERUSDPERP	+0.0086%	1h	2.4272	+0.074%	$3K	—	15x	as long as short
Lighter PENDLE	+0.0096%	1h	2.4260	+0.025%	$522K	$429K	5x	as long as short
Paradex PENDLE-USD-PERP	+0.0100%	8h	2.4258	+0.016%	$34K	$3K	10x	as long as short
Hyperliquid PENDLE	+0.0100%	1h	2.4279	+0.103%	$12.7M	$6.1M	5x	as long as short
Aster PENDLEUSDTshort	+0.0100%	8h	2.4271	+0.068%	$47K	$168K	10x
Bybit PENDLEUSDT	+0.0100%	8h	2.4248	−0.025%	$14.1M	$12.0M	50x	as long as short
OKX PENDLE-USDT-SWAP	+0.0100%	4h	2.4270	+0.066%	$3.1M	$6.7M	50x	as long as short
KuCoin PENDLEUSDTM	+0.0100%	8h	2.4303	+0.202%	$687K	$618K	50x	as long as short
Bitget PENDLEUSDT	+0.0100%	8h	2.4278	+0.099%	$3.8M	$2.4M	75x	as long as short
BingX PENDLE-USDT	+0.0100%	8h	2.4264	+0.041%	—	$8.2M	—	as long as short
Variational Omni PENDLE	+0.0100%	8h	2.4246	−0.033%	$565K	$1.2M	—	as long as short
edgeX PENDLEUSDC	+0.0100%	4h	2.4316	+0.257%	$24K	$368K	10x	as long as short
GRVT PENDLE_USDT_Perp	+0.0100%	8h	2.4267	+0.055%	$400K	$2.6M	10x	as long as short
Polymarket Perps PENDLE-USD	+0.0100%	1h	2.4290	+0.148%	$16K	$4K	5x	as long as short
SunX PENDLE-USDT	+0.0100%	8h	2.4283	+0.120%	$1K	$1.8M	20x	as long as short
GMX PENDLE/USD [PENDLE-USDC]	L +0.0196% / S −0.0222%	1h	2.4275	+0.088%	$5K	—	100x	as long as short
Coinbase International PENDLE-PERP-INTX	+0.0664%	1h	2.4400	+0.602%	$159K	$512K	25x	as long as short
Backpack PENDLE_USDC_PERP	+0.0871%	1h	2.4312	+0.239%	$359K	$433K	15x	as long as short
Kraken Futures PF_PENDLEUSD	+0.1277%	1h	2.4312	+0.238%	$115K	$259K	20x	as long as short