Spread before costs (cost unknown: a leg has no order-book sample)+0.094%
7d average—if it closes, per $10,000$9funding while held, a day−$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo PENDLE-PERP | 2.5443 | 0.0096 | pay 0.0012% / 1h | 54m 31s | $27K | — | 3x |
| Short | Lighter PENDLE | 2.5467 | 0.0096 | get 0.0012% / 1h | 54m 31s | $557K | $358K | 5x |
Aevo PENDLE-PERP
Lighter PENDLEPrice 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
- $9.44
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$6.56
- Spread needed to break even
- 0.160%
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 37 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- −$0.00
- 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 Lighter live order book, 37 min ago | 5.29 bp | 19.4 bp −$19 | 91.8 bp −$918 | doesn't fit | doesn't fit |
Aevo: 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.Injective2.5250cheapestBloFin2.5437+0.741%
Injective
BloFinAevo2.5443+0.764%
Reya2.5445+0.771%Kraken Futures2.5448+0.783%Gate2.5450+0.792%KuCoin2.5452+0.800%Orderly2.5452+0.800%Deribit2.5456+0.816%Bybit2.5460+0.832%Aster2.5460+0.832%GMX2.5460+0.833%SunX2.5461+0.836%Variational Omni2.5465+0.853%Bitget2.5466+0.855%
Reya
Kraken Futures
Gate
KuCoin
Orderly
Deribit
Bybit
Aster
GMX
SunX
Variational Omni
BitgetLighter2.5467+0.859%
MEXC2.5467+0.859%Extended2.5467+0.860%dYdX2.5467+0.860%Paradex2.5470+0.871%OKX2.5470+0.871%Polymarket Perps2.5471+0.875%BingX2.5475+0.891%Backpack2.5489+0.947%Hyperliquid2.5493+0.962%Binance2.5500+0.990%ApeX Omni2.5502+0.998%edgeX2.5509+1.028%Coinbase International2.5530+1.109%
MEXC
Extended
dYdX
Paradex
OKX
Polymarket Perps
BingX
Backpack
Hyperliquid
Binance
ApeX Omni
Coinbase InternationalPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −0.758% | −0.4300% | 1h | $2K | $7K | 5.5x | as long as short |
| BloFin PENDLE-USDT | −0.024% | +0.0087% | 8h | $1.4M | $819K | 75x | as long as short |
| Aevo PENDLE-PERPlong | 0.000% | +0.0096% | 1h | $27K | — | 3x | |
| Reya PENDLERUSDPERP | +0.007% | +0.0024% | 1h | $4K | — | 15x | as long as short |
| Kraken Futures PF_PENDLEUSD | +0.019% | −0.0625% | 1h | $158K | $251K | 20x | as long as short |
| Gate PENDLE_USDT | +0.028% | +0.0100% | 8h | $816K | $1.0M | 75x | as long as short |
| KuCoin PENDLEUSDTM | +0.035% | +0.0100% | 8h | $933K | $599K | 50x | as long as short |
| Orderly PERP_PENDLE_USDC | +0.035% | +0.0039% | 8h | $23K | $7K | 10x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | +0.051% | 0.0000% | 1h | $30K | $11K | 10x | as long as short |
| Bybit PENDLEUSDT | +0.067% | +0.0100% | 8h | $15.8M | $11.9M | 50x | as long as short |