After costs, if the gap returns to its 7d average, $10k−$28
spread now+0.055%7d average−0.063%fees + slippage, in and out−$39spread needed0.393%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni PENDLEUSDT | 2.5620 | 0.0074 | pay 0.0009% / 1h | 12m 55s | $78K | $237K | 50x |
| Short | MEXC PENDLE_USDT | 2.5634 | 0.0086 | get 0.0086% / 8h | 7h 12m | $16.8M | $2.2M | 125x |
ApeX Omni PENDLEUSDT
MEXC PENDLE_USDTPrice 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
- $5.46
- Funding while held
- $0.35
- Slippage, 4 orders
- −$25.26
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$33.45
- Spread needed to break even
- 0.393%
Slippage from ApeX Omni: live order book, 30 min ago; MEXC: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0012%
- Per $10,000 a day
- +$0.35
- 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 ApeX Omni live order book, 30 min ago | 6.34 bp | 13.9 bp −$14 | 111.9 bp −$1,119 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.59 bp | 5.1 bp −$5 | 31.2 bp −$312 | 100.9 bp −$10.1K | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5320cheapestedgeX2.5606+1.131%Bybit2.5610+1.145%Gate2.5610+1.145%Paradex2.5613+1.155%BloFin2.5614+1.161%Bitget2.5619+1.181%
Injective
Bybit
Gate
Paradex
BloFin
BitgetApeX Omni2.5620+1.185%
Aster2.5622+1.192%Reya2.5622+1.193%Aevo2.5623+1.198%BingX2.5624+1.201%Polymarket Perps2.5626+1.209%Orderly2.5626+1.209%Variational Omni2.5626+1.210%Extended2.5632+1.234%GMX2.5633+1.236%Binance2.5634+1.240%
Aster
Reya
Aevo
BingX
Polymarket Perps
Orderly
Variational Omni
Extended
GMX
BinanceMEXC2.5634+1.240%
Lighter2.5636+1.248%Deribit2.5637+1.252%KuCoin2.5638+1.256%OKX2.5640+1.264%SunX2.5649+1.299%dYdX2.5653+1.314%Backpack2.5672+1.390%Kraken Futures2.5681+1.426%Hyperliquid2.5696+1.485%Coinbase International2.5700+1.501%
Lighter
Deribit
KuCoin
OKX
SunX
dYdX
Backpack
Kraken Futures
Hyperliquid
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 | −1.171% | −0.1875% | 1h | $2K | $6K | 5.5x | as long as short |
| edgeX PENDLEUSDC | −0.053% | +0.0100% | 4h | $25K | $418K | 10x | as long as short |
| Bybit PENDLEUSDT | −0.039% | −0.0182% | 8h | $16.0M | $11.8M | 50x | as long as short |
| Gate PENDLE_USDT | −0.039% | +0.0100% | 8h | $819K | $1.1M | 75x | as long as short |
| Paradex PENDLE-USD-PERP | −0.029% | +0.0100% | 8h | $36K | $30K | 10x | as long as short |
| BloFin PENDLE-USDT | −0.023% | +0.0063% | 8h | $1.4M | $850K | 75x | as long as short |
| Bitget PENDLEUSDT | −0.004% | +0.0100% | 8h | $3.8M | $2.6M | 75x | as long as short |
| ApeX Omni PENDLEUSDTlong | 0.000% | +0.0074% | 1h | $78K | $237K | 50x | |
| Aster PENDLEUSDT | +0.007% | −0.0009% | 8h | $51K | $130K | 10x | as long as short |
| Reya PENDLERUSDPERP | +0.009% | +0.0013% | 1h | $4K | — | 15x | as long as short |