PENDLE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0130%/8h= −14.3% APRnext payment −$1.30 per $10,000 · paid last 24h +0.041%

Price spread now: MEXC against Variational Omni+0.156%7-day average +0.063% · you sell dearer than you buy

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

Long on Variational Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.086%+$9 on $10k

Price spread, last 7 days−0.109%−$11 · spread now +0.156%, 7d avg +0.063%

Together, before fees−0.022%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.093% dearer against Variational Omni than usual: you sell high and buy low (spread +0.156% now, against its 7-day average of +0.063%): +$9 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.4 days. Mind the row above: over the last 4 days funding on this pair paid +0.086%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni PENDLE	2.4586	0.0070	pay 0.0070% / 8h	3h 53m	$552K	$1.4M	—
Short	MEXC PENDLE_USDT	2.4624	−0.0060	pay 0.0060% / 8h	3h 53m	$17.4M	$1.9M	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Variational Omni. 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 Variational OmnibpFee MEXCbpOrdersPrice spread, now +0.156%Rate

Funding earned: −$27.38
Price spread: +0.156% → +0.063%: $9.29
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$22.08
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, just now; MEXC: live order book, 5 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 Variational Omni RFQ quote, just now	6.79 bp	doesn't fit	47.1 bp −$471	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	1.01 bp	3.7 bp −$4	25.1 bp −$251	97.2 bp −$9,719	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	−0.4243%	1h	2.4370	−0.877%	$2K	$54K	5.5x	as long as short
ApeX Omni PENDLEUSDT	−0.0423%	1h	2.4629	+0.176%	$75K	$235K	50x	as long as short
Deribit PENDLE_USDC-PERPETUAL	−0.0278%	1h	2.4614	+0.115%	$25K	$14K	10x	as long as short
Gate PENDLE_USDT	−0.0068%	8h	2.4630	+0.180%	$716K	$1.1M	75x	as long as short
BloFin PENDLE-USDT	−0.0066%	8h	2.4656	+0.286%	$1.1M	$596K	75x	as long as short
Extended PENDLE-USD	−0.0064%	1h	2.4623	+0.152%	$159K	$578K	10x	as long as short
Binance PENDLEUSDT	−0.0061%	8h	2.4634	+0.196%	$26.1M	$43.6M	75x	as long as short
MEXC PENDLE_USDTshort	−0.0060%	8h	2.4624	+0.156%	$17.4M	$1.9M	125x
Aster PENDLEUSDT	−0.0050%	8h	2.4683	+0.396%	$47K	$179K	10x	as long as short
Orderly PERP_PENDLE_USDC	−0.0041%	8h	2.4599	+0.054%	$19K	$15K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX PENDLE-USD	0.0000%	1h	2.4665	+0.323%	$10K	—	5x	as long as short
GRVT PENDLE_USDT_Perp	+0.0054%	8h	2.4595	+0.036%	$408K	$1.9M	10x	as long as short
Aevo PENDLE-PERP	+0.0064%	1h	2.4596	+0.042%	$26K	—	3x	as long as short
Reya PENDLERUSDPERP	+0.0067%	1h	2.4599	+0.056%	$3K	—	15x	as long as short
Variational Omni PENDLElong	+0.0070%	8h	2.4586	long leg	$552K	$1.4M	—
Lighter PENDLE	+0.0096%	1h	2.4640	+0.221%	$517K	$428K	5x	as long as short
Paradex PENDLE-USD-PERP	+0.0100%	8h	2.4628	+0.173%	$34K	$11K	10x	as long as short
Bybit PENDLEUSDT	+0.0100%	8h	2.4620	+0.140%	$14.5M	$11.9M	50x	as long as short
OKX PENDLE-USDT-SWAP	+0.0100%	4h	2.4650	+0.262%	$3.1M	$6.3M	50x	as long as short
KuCoin PENDLEUSDTM	+0.0100%	8h	2.4655	+0.282%	$885K	$550K	50x	as long as short
Bitget PENDLEUSDT	+0.0100%	8h	2.4630	+0.180%	$3.7M	$2.2M	75x	as long as short
BingX PENDLE-USDT	+0.0100%	8h	2.4640	+0.221%	—	$8.5M	—	as long as short
edgeX PENDLEUSDC	+0.0100%	4h	2.4627	+0.166%	$24K	$376K	10x	as long as short
Polymarket Perps PENDLE-USD	+0.0100%	1h	2.4625	+0.160%	$16K	$7K	5x	as long as short
SunX PENDLE-USDT	+0.0100%	8h	2.4624	+0.156%	$1K	$1.8M	20x	as long as short
GMX PENDLE/USD [PENDLE-USDC]	L +0.0196% / S −0.0222%	1h	2.4608	+0.090%	$5K	—	100x	as long as short
Hyperliquid PENDLE	+0.0216%	1h	2.4682	+0.392%	$12.8M	$6.0M	5x	as long as short
Backpack PENDLE_USDC_PERP	+0.0470%	1h	2.4682	+0.392%	$359K	$399K	15x	as long as short
Coinbase International PENDLE-PERP-INTX	+0.0640%	1h	2.4660	+0.302%	$147K	$496K	25x	as long as short
Kraken Futures PF_PENDLEUSD	+0.1179%	1h	2.4701	+0.468%	$115K	$268K	20x	as long as short