PENDLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0137%/8h= +15.0% APRnext payment +$1.37 per $10,000 · paid last 24h +0.022%

Price spread now: SunX against Orderly0.000%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on SunX

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 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	2.4651	−0.0037	get 0.0037% / 8h	4h 24m	$19K	$15K	10x
Short	SunX PENDLE-USDT	2.4651	0.0100	get 0.0100% / 8h	4h 24m	$2K	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Orderly. 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 OrderlybpFee SunXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $28.68
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee SunX: 4 bp × 2 orders: −$8
Net: $14.68
Costs to cover: 0.140%
Break-even: 3.4 days

Slippage unknown: Orderly: no order-book sample; SunX: live order book, 12 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 Orderly no order-book sample	—	—	—	—	—
Sell SunX live order book, 12 min ago	500.25 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

Orderly: 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	2.4340	−1.262%	$2K	$54K	5.5x	as long as short
BloFin PENDLE-USDT	−0.0068%	8h	2.4653	+0.008%	$1.1M	$605K	75x	as long as short
Gate PENDLE_USDT	−0.0061%	8h	2.4660	+0.037%	$719K	$1.1M	75x	as long as short
Extended PENDLE-USD	−0.0056%	1h	2.4637	−0.057%	$159K	$574K	10x	as long as short
Binance PENDLEUSDT	−0.0054%	8h	2.4653	+0.007%	$26.1M	$43.6M	75x	as long as short
MEXC PENDLE_USDT	−0.0051%	8h	2.4655	+0.016%	$17.3M	$2.0M	125x	as long as short
Aster PENDLEUSDT	−0.0039%	8h	2.4663	+0.049%	$47K	$179K	10x	as long as short
Orderly PERP_PENDLE_USDClong	−0.0037%	8h	2.4651	long leg	$19K	$15K	10x
dYdX PENDLE-USD	0.0000%	1h	2.4645	−0.025%	$10K	—	5x	as long as short
Deribit PENDLE_USDC-PERPETUAL	0.0000%	1h	2.4655	+0.016%	$25K	$14K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni PENDLE	+0.0048%	8h	2.4650	−0.002%	$553K	$1.5M	—	as long as short
Reya PENDLERUSDPERP	+0.0065%	1h	2.4651	+0.002%	$3K	—	15x	as long as short
Aevo PENDLE-PERP	+0.0072%	1h	2.4641	−0.041%	$26K	—	3x	as long as short
Lighter PENDLE	+0.0096%	1h	2.4660	+0.037%	$517K	$424K	5x	as long as short
GRVT PENDLE_USDT_Perp	+0.0096%	8h	2.4681	+0.121%	$408K	$1.9M	10x	as long as short
Paradex PENDLE-USD-PERP	+0.0100%	8h	2.4626	−0.101%	$34K	$13K	10x	as long as short
Bybit PENDLEUSDT	+0.0100%	8h	2.4650	−0.004%	$14.6M	$11.9M	50x	as long as short
OKX PENDLE-USDT-SWAP	+0.0100%	4h	2.4670	+0.077%	$3.1M	$6.1M	50x	as long as short
KuCoin PENDLEUSDTM	+0.0100%	8h	2.4648	−0.012%	$866K	$576K	50x	as long as short
Bitget PENDLEUSDT	+0.0100%	8h	2.4630	−0.085%	$3.7M	$2.3M	75x	as long as short
BingX PENDLE-USDT	+0.0100%	8h	2.4663	+0.049%	—	$8.6M	—	as long as short
edgeX PENDLEUSDC	+0.0100%	4h	2.4672	+0.086%	$24K	$376K	10x	as long as short
ApeX Omni PENDLEUSDT	+0.0100%	1h	2.4673	+0.089%	$75K	$235K	50x	as long as short
Polymarket Perps PENDLE-USD	+0.0100%	1h	2.4672	+0.085%	$16K	$8K	5x	as long as short
SunX PENDLE-USDTshort	+0.0100%	8h	2.4651	0.000%	$2K	$1.8M	20x
GMX PENDLE/USD [PENDLE-USDC]	L +0.0196% / S −0.0222%	1h	2.4650	−0.003%	$5K	—	100x	as long as short
Hyperliquid PENDLE	+0.0393%	1h	2.4696	+0.183%	$12.7M	$6.0M	5x	as long as short
Coinbase International PENDLE-PERP-INTX	+0.0608%	1h	2.4820	+0.686%	$148K	$497K	25x	as long as short
Backpack PENDLE_USDC_PERP	+0.0736%	1h	2.4703	+0.211%	$357K	$467K	15x	as long as short
Kraken Futures PF_PENDLEUSD	+0.1177%	1h	2.4701	+0.201%	$115K	$269K	20x	as long as short