Spread before costs (cost unknown: a leg has no order-book sample)+0.026%
7d average—if it closes, per $10,000$3funding while held, a day+$4.94
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo PENDLE-PERP | 2.6556 | 0.0104 | pay 0.0013% / 1h | 3m 41s | $28K | — | 3x |
| Short | GMX PENDLE/USD [PENDLE-USDC] | 2.6562 | L +0.0200% / S −0.0269% | get 0.0034% / 1h | 3m 41s | $5K | — | 100x |
Price 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
- $2.56
- Funding while held
- $4.94
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$20.49
- Spread needed to break even
- 0.280%
Slippage unknown: Aevo: no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0165%
- Per $10,000 a day
- +$4.94
- 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 GMX no order-book sample | — | — | — | — | — |
Aevo and GMX: 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.PENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −0.209% | −0.3627% | 1h | $3K | $52K | 5.5x | as long as short |
| edgeX PENDLEUSDC | −0.190% | +0.0100% | 4h | $26K | $415K | 10x | as long as short |
| Extended PENDLE-USD | −0.037% | +0.0104% | 1h | $175K | $520K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | −0.029% | +0.0013% | 1h | $18K | $68K | 5x | as long as short |
| Gate PENDLE_USDT | −0.021% | −0.0029% | 8h | $829K | $1.0M | 75x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.010% | −0.0164% | 1h | $31K | $10K | 10x | as long as short |
| Paradex PENDLE-USD-PERP | 0.000% | +0.0100% | 8h | $37K | $31K | 10x | as long as short |
| Aevo PENDLE-PERPlong | 0.000% | +0.0104% | 1h | $28K | — | 3x | |
| BingX PENDLE-USDT | +0.005% | +0.0100% | 8h | — | $34.1M | — | as long as short |
| Orderly PERP_PENDLE_USDC | +0.005% | +0.0051% | 8h | $22K | $4K | 10x | as long as short |
GMX PENDLE/USD [PENDLE-USDC]
Injective
Extended
Polymarket Perps
Gate
Deribit
Paradex
BingX
MEXC
Bybit
Variational Omni
Aster
Bitget
OKX
KuCoin
Binance
ApeX Omni
BloFin
SunX
Lighter
Backpack
Hyperliquid
Coinbase International
Kraken Futures