After costs, if the gap returns to its 7d average, $10k−$34
spread now+0.140%7d average+0.059%fees + slippage, in and out−$43spread needed0.426%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PENDLEUSDT | 2.5561 | 0.0062 | pay 0.0062% / 8h | 6h 32m | $28.0M | $35.0M | 75x |
| Short | ApeX Omni PENDLEUSDT | 2.5597 | 0.0100 | get 0.0013% / 1h | 32m 55s | $78K | $237K | 50x |
Binance PENDLEUSDT
ApeX Omni PENDLEUSDTPrice 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
- $13.97
- Funding while held
- $1.15
- Slippage, 4 orders
- −$22.59
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$27.47
- Spread needed to break even
- 0.426%
Slippage from Binance: live order book, 10 min ago; ApeX Omni: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0038%
- Per $10,000 a day
- +$1.15
- 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 Binance live order book, 10 min ago | 0.20 bp | 8.9 bp −$9 | 23.0 bp −$230 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 5 min ago | 4.31 bp | 11.6 bp −$12 | 93.9 bp −$939 | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5110cheapestVariational Omni2.5497+1.541%edgeX2.5526+1.656%Paradex2.5544+1.727%Bitget2.5548+1.744%BloFin2.5549+1.748%Extended2.5550+1.752%Bybit2.5550+1.752%Aevo2.5557+1.781%Gate2.5560+1.792%MEXC2.5561+1.796%
Injective
Variational Omni
Paradex
Bitget
BloFin
Extended
Bybit
Aevo
Gate
MEXCBinance2.5561+1.797%
Lighter2.5563+1.804%Orderly2.5564+1.808%BingX2.5567+1.820%Reya2.5568+1.825%dYdX2.5570+1.832%Aster2.5570+1.833%Deribit2.5572+1.840%GMX2.5575+1.852%KuCoin2.5576+1.856%Polymarket Perps2.5579+1.868%OKX2.5580+1.872%SunX2.5585+1.892%
Lighter
Orderly
BingX
Reya
dYdX
Aster
Deribit
GMX
KuCoin
Polymarket Perps
OKX
SunXApeX Omni2.5597+1.939%
Hyperliquid2.5601+1.955%Backpack2.5617+2.019%Kraken Futures2.5624+2.048%Coinbase International2.5670+2.230%
Hyperliquid
Backpack
Kraken Futures
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 | −1.766% | −0.4277% | 1h | $2K | $7K | 5.5x | as long as short |
| Variational Omni PENDLE | −0.252% | −0.0225% | 8h | $659K | $2.2M | — | as long as short |
| edgeX PENDLEUSDC | −0.139% | +0.0100% | 4h | $25K | $416K | 10x | as long as short |
| Paradex PENDLE-USD-PERP | −0.069% | +0.0100% | 8h | $36K | $29K | 10x | as long as short |
| Bitget PENDLEUSDT | −0.052% | +0.0100% | 8h | $3.8M | $2.6M | 75x | as long as short |
| BloFin PENDLE-USDT | −0.048% | +0.0037% | 8h | $1.4M | $851K | 75x | as long as short |
| Extended PENDLE-USD | −0.044% | +0.0064% | 1h | $168K | $518K | 10x | as long as short |
| Bybit PENDLEUSDT | −0.044% | +0.0100% | 8h | $15.9M | $11.7M | 50x | as long as short |
| Aevo PENDLE-PERP | −0.016% | +0.0096% | 1h | $27K | — | 3x | as long as short |
| Gate PENDLE_USDT | −0.005% | +0.0100% | 8h | $820K | $1.1M | 75x | as long as short |