PENDLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0057%/8h= −6.2% APRnext payment −$0.57 per $10,000 · paid last 24h −0.009%

Price spread now: Aster against SunX+0.053%7-day average −0.001% · you sell dearer than you buy

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

Long on SunX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.047%−$5 on $10k

Price spread, last 3 days (all we have)−0.069%−$7 · spread now +0.053%, 7d avg −0.001%

Together, before fees−0.116%+ Points / potential airdropAster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.054% dearer against SunX than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of −0.001%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX PENDLE-USDT	2.5356	0.0100	pay 0.0100% / 8h	7h 13m	$2K	$1.8M	20x
Short	Aster PENDLEUSDT	2.5369	0.0043	get 0.0043% / 8h	7h 13m	$47K	$173K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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 SunXbpFee AsterbpOrdersPrice spread, now +0.053%Rate

Funding earned: −$11.93
Price spread: +0.053% → −0.001%: $5.38
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$22.54
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 12 min ago; Aster: live order book, 57 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 SunX live order book, 12 min ago	500.15 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 57 min ago	4.38 bp	16.9 bp −$17	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	−0.4643%	1h	2.4970	−1.522%	$2K	$54K	5.5x	as long as short
Deribit PENDLE_USDC-PERPETUAL	−0.0262%	1h	2.5364	+0.032%	$26K	$14K	10x	as long as short
GRVT PENDLE_USDT_Perp	−0.0196%	8h	2.5228	−0.506%	$417K	$1.7M	10x	as long as short
Bybit PENDLEUSDT	−0.0149%	8h	2.5351	−0.020%	$15.6M	$11.9M	50x	as long as short
BloFin PENDLE-USDT	−0.0121%	8h	2.5295	−0.241%	$1.3M	$671K	75x	as long as short
Extended PENDLE-USD	−0.0104%	1h	2.5323	−0.129%	$165K	$570K	10x	as long as short
MEXC PENDLE_USDT	−0.0101%	8h	2.5377	+0.083%	$17.2M	$1.9M	125x	as long as short
Binance PENDLEUSDT	−0.0100%	8h	2.5364	+0.033%	$27.4M	$42.6M	75x	as long as short
ApeX Omni PENDLEUSDT	−0.0078%	1h	2.5241	−0.454%	$77K	$238K	50x	as long as short
Orderly PERP_PENDLE_USDC	−0.0024%	8h	2.5357	+0.004%	$20K	$16K	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	−0.0013%	8h	2.5261	−0.374%	$609K	$1.8M	—	as long as short
dYdX PENDLE-USD	0.0000%	1h	2.5320	−0.142%	$11K	—	5x	as long as short
Aster PENDLEUSDTshort	+0.0043%	8h	2.5369	+0.053%	$47K	$173K	10x
Reya PENDLERUSDPERP	+0.0051%	1h	2.5347	−0.034%	$4K	—	15x	as long as short
Aevo PENDLE-PERP	+0.0056%	1h	2.5353	−0.014%	$27K	—	3x	as long as short
Gate PENDLE_USDT	+0.0080%	8h	2.5370	+0.055%	$790K	$1.2M	75x	as long as short
Lighter PENDLE	+0.0096%	1h	2.5378	+0.087%	$539K	$418K	5x	as long as short
Paradex PENDLE-USD-PERP	+0.0100%	8h	2.5330	−0.102%	$35K	$18K	10x	as long as short
OKX PENDLE-USDT-SWAP	+0.0100%	4h	2.5340	−0.063%	$3.2M	$6.0M	50x	as long as short
KuCoin PENDLEUSDTM	+0.0100%	8h	2.5381	+0.099%	$888K	$587K	50x	as long as short
Bitget PENDLEUSDT	+0.0100%	8h	2.5344	−0.047%	$3.9M	$2.5M	75x	as long as short
BingX PENDLE-USDT	+0.0100%	8h	2.5370	+0.055%	—	$35.7M	—	as long as short
edgeX PENDLEUSDC	+0.0100%	4h	2.5224	−0.520%	$25K	$382K	10x	as long as short
Polymarket Perps PENDLE-USD	+0.0100%	1h	2.5360	+0.016%	$16K	$20K	5x	as long as short
SunX PENDLE-USDTlong	+0.0100%	8h	2.5356	long leg	$2K	$1.8M	20x
GMX PENDLE/USD [PENDLE-USDC]	L +0.0203% / S −0.0382%	1h	2.5366	+0.041%	$7K	—	100x	as long as short
Hyperliquid PENDLE	+0.0362%	1h	2.5436	+0.316%	$13.1M	$6.4M	5x	as long as short
Kraken Futures PF_PENDLEUSD	+0.0613%	1h	2.5419	+0.247%	$118K	$293K	20x	as long as short
Coinbase International PENDLE-PERP-INTX	+0.0728%	1h	2.5370	+0.055%	$144K	$461K	25x	as long as short
Backpack PENDLE_USDC_PERP	+0.0871%	1h	2.5431	+0.296%	$356K	$489K	15x	as long as short