Spread before costs (cost unknown: a leg has no order-book sample)+0.083%
7d average—if it closes, per $10,000$8funding while held, a day−$2.49
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni PENDLEUSDT | 2.5597 | 0.0100 | pay 0.0013% / 1h | 16m 02s | $78K | $238K | 50x |
| Short | Reya PENDLERUSDPERP | 2.5618 | 0.0017 | get 0.0002% / 1h | 16m 02s | $4K | — | 15x |
ApeX Omni PENDLEUSDT
Reya PENDLERUSDPERPPrice 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
- $8.3
- Funding while held
- −$2.49
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$10.19
- Spread needed to break even
- 0.160%
Slippage unknown: ApeX Omni: live order book, 22 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0083%
- Per $10,000 a day
- −$2.49
- 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, 22 min ago | 4.31 bp | 15.1 bp −$15 | 101.0 bp −$1,010 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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.Injective2.5290cheapest
InjectiveApeX Omni2.5597+1.214%
Variational Omni2.5597+1.215%edgeX2.5598+1.220%Paradex2.5606+1.249%Extended2.5606+1.250%Bitget2.5609+1.261%Aster2.5609+1.262%Aevo2.5610+1.267%MEXC2.5612+1.273%BingX2.5614+1.281%Binance2.5616+1.289%Bybit2.5617+1.293%BloFin2.5617+1.293%KuCoin2.5618+1.297%
Variational Omni
Paradex
Extended
Bitget
Aster
Aevo
MEXC
BingX
Binance
Bybit
BloFin
KuCoinReya2.5618+1.298%
Lighter2.5619+1.301%Orderly2.5619+1.301%SunX2.5619+1.301%Gate2.5620+1.305%Polymarket Perps2.5626+1.329%Deribit2.5626+1.329%GMX2.5630+1.342%Kraken Futures2.5634+1.362%dYdX2.5636+1.367%OKX2.5640+1.384%Hyperliquid2.5662+1.471%Coinbase International2.5670+1.503%Backpack2.5673+1.514%
Lighter
Orderly
SunX
Gate
Polymarket Perps
Deribit
GMX
Kraken Futures
dYdX
OKX
Hyperliquid
Coinbase International
BackpackPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −1.199% | −0.4277% | 1h | $2K | $7K | 5.5x | as long as short |
| ApeX Omni PENDLEUSDTlong | 0.000% | +0.0100% | 1h | $78K | $238K | 50x | |
| Variational Omni PENDLE | +0.001% | −0.0200% | 8h | $661K | $2.2M | — | as long as short |
| edgeX PENDLEUSDC | +0.006% | +0.0100% | 4h | $25K | $416K | 10x | as long as short |
| Paradex PENDLE-USD-PERP | +0.035% | +0.0100% | 8h | $36K | $29K | 10x | as long as short |
| Extended PENDLE-USD | +0.035% | +0.0056% | 1h | $168K | $518K | 10x | as long as short |
| Bitget PENDLEUSDT | +0.047% | +0.0100% | 8h | $3.8M | $2.5M | 75x | as long as short |
| Aster PENDLEUSDT | +0.048% | −0.0024% | 8h | $52K | $133K | 10x | as long as short |
| Aevo PENDLE-PERP | +0.053% | +0.0096% | 1h | $27K | — | 3x | as long as short |
| MEXC PENDLE_USDT | +0.059% | +0.0057% | 8h | $17.0M | $2.2M | 125x | as long as short |