After costs, if the gap returns to its 7d average, $10k−$292
spread now+0.130%7d average+0.088%fees + slippage, in and out−$296spread needed2.965%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PENDLEUSDT | 2.5607 | −0.0010 | get 0.0010% / 8h | 5h 39m | $52K | $139K | 10x |
| Short | Backpack PENDLE_USDC_PERP | 2.5640 | 0.0641 | get 0.0080% / 1h | 39m 01s | $377K | $461K | 15x |
Aster PENDLEUSDT
Backpack PENDLE_USDC_PERPPrice 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
- $12.97
- Funding while held
- $19.52
- Slippage, 4 orders
- −$278.46
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$263.96
- Spread needed to break even
- 2.965%
Slippage from Aster: live order book, 10 min ago; Backpack: live order book, 61 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0651%
- Per $10,000 a day
- +$19.52
- 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 Aster live order book, 10 min ago | 3.12 bp | 136.7 bp −$137 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 61 min ago | 2.36 bp | 7.6 bp −$8 | 31.3 bp −$313 | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5280cheapestBloFin2.5563+1.119%SunX2.5565+1.127%Paradex2.5565+1.129%BingX2.5575+1.167%Variational Omni2.5576+1.171%Reya2.5577+1.175%Bitget2.5579+1.183%Bybit2.5580+1.187%Gate2.5580+1.187%MEXC2.5580+1.187%Binance2.5581+1.191%Extended2.5586+1.209%Kraken Futures2.5588+1.218%Aevo2.5591+1.230%Lighter2.5592+1.234%Orderly2.5594+1.242%Deribit2.5599+1.262%OKX2.5600+1.266%KuCoin2.5602+1.274%Polymarket Perps2.5604+1.282%
Injective
BloFin
SunX
Paradex
BingX
Variational Omni
Reya
Bitget
Bybit
Gate
MEXC
Binance
Extended
Kraken Futures
Aevo
Lighter
Orderly
Deribit
OKX
KuCoin
Polymarket PerpsAster2.5607+1.293%
GMX2.5609+1.300%dYdX2.5620+1.345%Hyperliquid2.5628+1.377%
GMX
dYdX
HyperliquidBackpack2.5640+1.424%
edgeX2.5648+1.455%ApeX Omni2.5658+1.495%Coinbase International2.5720+1.741%
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 | −1.276% | −0.4421% | 1h | $2K | $7K | 5.5x | as long as short |
| BloFin PENDLE-USDT | −0.171% | +0.0080% | 8h | $1.4M | $823K | 75x | as long as short |
| SunX PENDLE-USDT | −0.163% | +0.0100% | 8h | $2K | $1.6M | 20x | as long as short |
| Paradex PENDLE-USD-PERP | −0.162% | +0.0100% | 8h | $36K | $28K | 10x | as long as short |
| BingX PENDLE-USDT | −0.124% | +0.0100% | 8h | — | $34.3M | — | as long as short |
| Variational Omni PENDLE | −0.120% | −0.0127% | 8h | $660K | $2.2M | — | as long as short |
| Reya PENDLERUSDPERP | −0.116% | +0.0020% | 1h | $4K | — | 15x | as long as short |
| Bitget PENDLEUSDT | −0.109% | +0.0100% | 8h | $3.9M | $2.7M | 75x | as long as short |
| Bybit PENDLEUSDT | −0.105% | +0.0100% | 8h | $16.0M | $12.0M | 50x | as long as short |
| Gate PENDLE_USDT | −0.105% | +0.0100% | 8h | $822K | $1.0M | 75x | as long as short |