Spread before costs (cost unknown: a leg has no order-book sample)+0.021%
7d average—if it closes, per $10,000$2funding while held, a day−$3.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo PENDLE-PERP | 2.6578 | 0.0104 | pay 0.0013% / 1h | 4m 23s | $28K | — | 3x |
| Short | Deribit PENDLE_USDC-PERPETUAL | 2.6584 | 0 | get 0.0000% / 1h | 4m 23s | $31K | $10K | 10x |
Aevo PENDLE-PERP
Deribit PENDLE_USDC-PERPETUALPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $2.07
- Funding while held
- −$3.12
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$24.05
- Spread needed to break even
- 0.230%
Slippage unknown: Aevo: no order-book sample; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0104%
- Per $10,000 a day
- −$3.12
- Average in range /8h
- —
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 Aevo no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Aevo and Deribit: 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective2.6500cheapestedgeX2.6505+0.019%Bybit2.6527+0.102%Extended2.6546+0.175%Polymarket Perps2.6548+0.181%Paradex2.6556+0.209%OKX2.6560+0.226%Gate2.6560+0.226%MEXC2.6560+0.226%Reya2.6564+0.240%Binance2.6565+0.245%Bitget2.6567+0.253%Variational Omni2.6570+0.264%Lighter2.6576+0.287%GMX2.6577+0.290%BingX2.6577+0.291%
Injective
Bybit
Extended
Polymarket Perps
Paradex
OKX
Gate
MEXC
Reya
Binance
Bitget
Variational Omni
Lighter
GMX
BingXAevo2.6578+0.296%
Aster2.6584+0.316%
AsterDeribit2.6584+0.317%
Orderly2.6586+0.325%KuCoin2.6592+0.347%SunX2.6593+0.351%ApeX Omni2.6594+0.355%BloFin2.6594+0.355%Hyperliquid2.6605+0.396%dYdX2.6610+0.416%Coinbase International2.6630+0.491%Backpack2.6633+0.502%Kraken Futures2.6652+0.575%
Orderly
KuCoin
SunX
ApeX Omni
BloFin
Hyperliquid
dYdX
Coinbase International
Backpack
Kraken FuturesPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −0.295% | −0.3627% | 1h | $3K | $52K | 5.5x | as long as short |
| edgeX PENDLEUSDC | −0.276% | +0.0100% | 4h | $26K | $415K | 10x | as long as short |
| Bybit PENDLEUSDT | −0.194% | −0.0199% | 8h | $16.5M | $11.3M | 50x | as long as short |
| Extended PENDLE-USD | −0.121% | +0.0104% | 1h | $175K | $520K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | −0.115% | +0.0013% | 1h | $18K | $68K | 5x | as long as short |
| Paradex PENDLE-USD-PERP | −0.086% | +0.0100% | 8h | $37K | $31K | 10x | as long as short |
| OKX PENDLE-USDT-SWAP | −0.070% | +0.0100% | 4h | $3.3M | $4.8M | 50x | as long as short |
| Gate PENDLE_USDT | −0.070% | −0.0029% | 8h | $830K | $1.0M | 75x | as long as short |
| MEXC PENDLE_USDT | −0.070% | +0.0100% | 8h | $17.1M | $2.1M | 125x | as long as short |
| Reya PENDLERUSDPERP | −0.056% | +0.0004% | 1h | $4K | — | 15x | as long as short |