Spread before costs (cost unknown: a leg has no order-book sample)−0.093%
7d average—if it closes, per $10,000$9funding while held, a day+$5.91
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PENDLEUSDT | 2.6619 | 0.0072 | pay 0.0072% / 8h | 1h 06m | $51K | $121K | 10x |
| Short | GMX PENDLE/USD [PENDLE-USDC] | 2.6594 | L +0.0200% / S −0.0269% | get 0.0034% / 1h | 6m 31s | $6K | — | 100x |
Aster PENDLEUSDT
GMX PENDLE/USD [PENDLE-USDC]Price 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
- −$9.27
- Funding while held
- $5.91
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$23.36
- Spread needed to break even
- 0.200%
Slippage unknown: Aster: live order book, 63 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0197%
- Per $10,000 a day
- +$5.91
- 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, 63 min ago | 12.67 bp | 217.1 bp −$217 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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.Variational Omni2.6424cheapestApeX Omni2.6445+0.078%Injective2.6500+0.286%edgeX2.6505+0.306%Bybit2.6564+0.529%BloFin2.6573+0.563%OKX2.6580+0.589%Polymarket Perps2.6584+0.604%Orderly2.6586+0.612%Reya2.6589+0.624%Extended2.6590+0.626%Gate2.6590+0.627%
Variational Omni
ApeX Omni
Injective
Bybit
BloFin
OKX
Polymarket Perps
Orderly
Reya
Extended
GateGMX2.6594+0.642%
Aevo2.6594+0.644%Paradex2.6596+0.648%Deribit2.6598+0.657%Binance2.6599+0.662%Bitget2.6608+0.695%KuCoin2.6609+0.699%BingX2.6609+0.699%dYdX2.6610+0.703%SunX2.6612+0.710%MEXC2.6614+0.718%Lighter2.6615+0.722%
Aevo
Paradex
Deribit
Binance
Bitget
KuCoin
BingX
dYdX
SunX
MEXC
LighterAster2.6619+0.735%
Backpack2.6638+0.809%Hyperliquid2.6650+0.854%Coinbase International2.6650+0.854%Kraken Futures2.6665+0.911%
Backpack
Hyperliquid
Coinbase International
Kraken FuturesPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni PENDLE | −0.730% | −0.0227% | 8h | $880K | $2.1M | — | as long as short |
| ApeX Omni PENDLEUSDT | −0.652% | +0.0002% | 1h | $80K | $234K | 50x | as long as short |
| Injective PENDLE/USDC PERP | −0.446% | −0.3627% | 1h | $3K | $52K | 5.5x | as long as short |
| edgeX PENDLEUSDC | −0.427% | +0.0100% | 4h | $26K | $415K | 10x | as long as short |
| Bybit PENDLEUSDT | −0.205% | −0.0197% | 8h | $16.5M | $11.3M | 50x | as long as short |
| BloFin PENDLE-USDT | −0.171% | +0.0125% | 8h | $1.5M | $837K | 75x | as long as short |
| OKX PENDLE-USDT-SWAP | −0.145% | +0.0100% | 4h | $3.3M | $4.8M | 50x | as long as short |
| Polymarket Perps PENDLE-USD | −0.130% | +0.0013% | 1h | $18K | $70K | 5x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.123% | +0.0050% | 8h | $22K | $4K | 10x | as long as short |
| Reya PENDLERUSDPERP | −0.111% | +0.0003% | 1h | $4K | — | 15x | as long as short |