Funding you earn now, next payment 04:00 UTC+0.0099%/8h= +10.9% APRpaid last 24h +0.020%
Price spread now: Aevo against Orderly−0.016%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: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_PENDLE_USDC | 2.4706 | −0.0035 | get 0.0035% / 8h | 4h 43m | $19K | $15K | 10x |
| Short | Aevo PENDLE-PERP | 2.4702 | 0.0064 | get 0.0008% / 1h | 43m 57s | $26K | — | 3x |
Orderly PERP_PENDLE_USDC
Aevo PENDLE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Orderly. 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
- $20.87
- Price spread: −0.016% → 0.000%
- −$1.62
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$2.75
- Costs to cover
- 0.220%
- Break-even
- 7.9 days
Slippage unknown: Orderly: no order-book sample; Aevo: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
Orderly and 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 | −0.4334% | 1h | 2.4400 | −1.239% | $2K | $54K | 5.5x | as long as short |
| BloFin PENDLE-USDT | −0.0089% | 8h | 2.4662 | −0.178% | $1.3M | $627K | 75x | as long as short |
| Binance PENDLEUSDT | −0.0066% | 8h | 2.4692 | −0.056% | $26.2M | $43.9M | 75x | as long as short |
| MEXC PENDLE_USDT | −0.0065% | 8h | 2.4710 | +0.016% | $17.4M | $1.9M | 125x | as long as short |
| Extended PENDLE-USD | −0.0064% | 1h | 2.4673 | −0.133% | $161K | $570K | 10x | as long as short |
| Aster PENDLEUSDT | −0.0040% | 8h | 2.4706 | 0.000% | $47K | $178K | 10x | as long as short |
| Orderly PERP_PENDLE_USDClong | −0.0035% | 8h | 2.4706 | long leg | $19K | $15K | 10x | |
| Gate PENDLE_USDT | −0.0021% | 8h | 2.4680 | −0.105% | $717K | $1.1M | 75x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.4690 | −0.066% | $10K | — | 5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | 0.0000% | 1h | 2.4717 | +0.045% | $25K | $14K | 10x | as long as short |
Injective PENDLE/USDC PERP
BloFin PENDLE-USDT
Binance PENDLEUSDT
MEXC PENDLE_USDT
Extended PENDLE-USD
Aster PENDLEUSDT
Gate PENDLE_USDT
dYdX PENDLE-USD
Deribit PENDLE_USDC-PERPETUALShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PENDLE | +0.0039% | 8h | 2.4660 | −0.184% | $563K | $1.7M | — | as long as short |
| Reya PENDLERUSDPERP | +0.0063% | 1h | 2.4713 | +0.029% | $3K | — | 15x | as long as short |
| Aevo PENDLE-PERPshort | +0.0064% | 1h | 2.4702 | −0.016% | $26K | — | 3x | |
| GRVT PENDLE_USDT_Perp | +0.0075% | 8h | 2.4640 | −0.267% | $413K | $1.8M | 10x | as long as short |
| Lighter PENDLE | +0.0096% | 1h | 2.4711 | +0.020% | $528K | $414K | 5x | as long as short |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.4683 | −0.093% | $35K | $13K | 10x | as long as short |
| Bybit PENDLEUSDT | +0.0100% | 8h | 2.4682 | −0.097% | $14.7M | $12.2M | 50x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.4700 | −0.024% | $3.1M | $6.2M | 50x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.4713 | +0.028% | $869K | $583K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.4681 | −0.101% | $3.7M | $2.4M | 75x | as long as short |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.4681 | −0.101% | — | $8.6M | — | as long as short |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.4669 | −0.149% | $24K | $379K | 10x | as long as short |
| ApeX Omni PENDLEUSDT | +0.0100% | 1h | 2.4684 | −0.089% | $75K | $234K | 50x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.4721 | +0.061% | $16K | $8K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.4715 | +0.036% | $2K | $1.8M | 20x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0196% / S −0.0222% | 1h | 2.4718 | +0.049% | $5K | — | 100x | as long as short |
| Hyperliquid PENDLE | +0.0424% | 1h | 2.4750 | +0.178% | $12.7M | $6.1M | 5x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0520% | 1h | 2.4747 | +0.166% | $356K | $477K | 15x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0608% | 1h | 2.4710 | +0.016% | $147K | $492K | 25x | as long as short |
| Kraken Futures PF_PENDLEUSD | +0.1174% | 1h | 2.4777 | +0.286% | $115K | $278K | 20x | as long as short |
Variational Omni PENDLE
Reya PENDLERUSDPERP
GRVT PENDLE_USDT_Perp
Lighter PENDLE
Paradex PENDLE-USD-PERP
Bybit PENDLEUSDT
OKX PENDLE-USDT-SWAP
KuCoin PENDLEUSDTM
Bitget PENDLEUSDT
BingX PENDLE-USDT
edgeX PENDLEUSDC
ApeX Omni PENDLEUSDT
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
GMX PENDLE/USD [PENDLE-USDC]
Hyperliquid PENDLE
Backpack PENDLE_USDC_PERP
Coinbase International PENDLE-PERP-INTX
Kraken Futures PF_PENDLEUSD