Spread before costs (cost unknown: a leg has no order-book sample)−0.141%
7d average—if it closes, per $10,000$14funding while held, a day−$4.32
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni PENDLEUSDT | 2.6174 | 0.0100 | pay 0.0013% / 1h | 20m 36s | $79K | $236K | 50x |
| Short | Polymarket Perps PENDLE-USD | 2.6137 | −0.0044 | pay 0.0005% / 1h | 20m 36s | $18K | $57K | 5x |
ApeX Omni PENDLEUSDT
Polymarket Perps PENDLE-USDPrice 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
- −$14.14
- Funding while held
- −$4.32
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$36.45
- Spread needed to break even
- 0.180%
Slippage unknown: ApeX Omni: live order book, 27 min ago; Polymarket Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0144%
- Per $10,000 a day
- −$4.32
- 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, 27 min ago | 4.90 bp | 12.7 bp −$13 | 98.4 bp −$984 | doesn't fit | doesn't fit |
| Sell Polymarket Perps no order-book sample | — | — | — | — | — |
Polymarket Perps: 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.Injective2.5940cheapestVariational Omni2.6073+0.512%Extended2.6119+0.691%Bybit2.6120+0.694%OKX2.6120+0.694%Gate2.6130+0.732%BingX2.6134+0.748%Paradex2.6135+0.753%
Injective
Variational Omni
Extended
Bybit
OKX
Gate
BingX
ParadexPolymarket Perps2.6137+0.759%
Bitget2.6139+0.767%Reya2.6139+0.767%MEXC2.6148+0.802%Binance2.6151+0.812%edgeX2.6152+0.818%Lighter2.6155+0.829%GMX2.6156+0.832%KuCoin2.6158+0.840%Coinbase International2.6160+0.848%Aster2.6162+0.856%Aevo2.6162+0.858%Orderly2.6163+0.860%BloFin2.6166+0.871%dYdX2.6167+0.876%
Bitget
Reya
MEXC
Binance
Lighter
GMX
KuCoin
Coinbase International
Aster
Aevo
Orderly
BloFin
dYdXApeX Omni2.6174+0.902%
Hyperliquid2.6175+0.906%Deribit2.6182+0.933%SunX2.6202+1.010%Backpack2.6205+1.022%Kraken Futures2.6226+1.101%
Hyperliquid
Deribit
SunX
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 | −0.894% | −0.1178% | 1h | $2K | $6K | 5.5x | as long as short |
| Variational Omni PENDLE | −0.387% | −0.0268% | 8h | $834K | $2.2M | — | as long as short |
| Extended PENDLE-USD | −0.209% | +0.0104% | 1h | $172K | $520K | 10x | as long as short |
| Bybit PENDLEUSDT | −0.206% | −0.0233% | 8h | $16.2M | $11.4M | 50x | as long as short |
| OKX PENDLE-USDT-SWAP | −0.206% | +0.0100% | 4h | $3.2M | $4.9M | 50x | as long as short |
| Gate PENDLE_USDT | −0.168% | −0.0009% | 8h | $813K | $1.1M | 75x | as long as short |
| BingX PENDLE-USDT | −0.153% | +0.0100% | 8h | — | $34.2M | — | as long as short |
| Paradex PENDLE-USD-PERP | −0.148% | +0.0100% | 8h | $37K | $30K | 10x | as long as short |
| Polymarket Perps PENDLE-USDshort | −0.141% | −0.0044% | 1h | $18K | $57K | 5x | |
| Bitget PENDLEUSDT | −0.134% | +0.0100% | 8h | $3.9M | $2.6M | 75x | as long as short |