Spread before costs (cost unknown: a leg has no order-book sample)+0.423%
7d average−0.064%if it closes, per $10,000$42funding while held, a day−$8.80
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PENDLEUSDT | 2.5389 | 0.0058 | pay 0.0058% / 8h | 6h 40m | $27.8M | $34.9M | 75x |
| Short | Variational Omni PENDLE | 2.5496 | −0.0235 | pay 0.0235% / 8h | 6h 40m | $663K | $2.2M | — |
Binance PENDLEUSDT
Variational Omni PENDLEPrice 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
- $42.3
- Funding while held
- −$8.8
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $23.5
- Spread needed to break even
- 0.100%
Slippage unknown: Binance: live order book, 3 min ago; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0293%
- Per $10,000 a day
- −$8.80
- 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, 3 min ago | 0.20 bp | 8.9 bp −$9 | 23.0 bp −$230 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 4.70 bp | doesn't fit | 46.5 bp −$465 | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5330cheapestReya2.5370+0.157%Bybit2.5378+0.189%Gate2.5380+0.197%Extended2.5381+0.200%Bitget2.5385+0.217%MEXC2.5388+0.229%Aster2.5389+0.233%
Injective
Reya
Bybit
Gate
Extended
Bitget
MEXC
AsterBinance2.5389+0.233%
OKX2.5390+0.237%BingX2.5390+0.237%Lighter2.5391+0.241%KuCoin2.5398+0.268%Aevo2.5399+0.271%Orderly2.5403+0.288%Deribit2.5406+0.300%SunX2.5420+0.355%GMX2.5421+0.360%Hyperliquid2.5423+0.367%Kraken Futures2.5432+0.401%Backpack2.5435+0.415%BloFin2.5447+0.462%Polymarket Perps2.5449+0.470%Coinbase International2.5450+0.474%Paradex2.5455+0.493%dYdX2.5486+0.615%
OKX
BingX
Lighter
KuCoin
Aevo
Orderly
Deribit
SunX
GMX
Hyperliquid
Kraken Futures
Backpack
BloFin
Polymarket Perps
Coinbase International
Paradex
dYdXVariational Omni2.5496+0.657%
edgeX2.5529+0.784%ApeX Omni2.5542+0.837%
ApeX OmniPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −0.232% | −0.4277% | 1h | $2K | $7K | 5.5x | as long as short |
| Reya PENDLERUSDPERP | −0.075% | +0.0015% | 1h | $4K | — | 15x | as long as short |
| Bybit PENDLEUSDT | −0.043% | +0.0063% | 8h | $15.8M | $11.7M | 50x | as long as short |
| Gate PENDLE_USDT | −0.035% | +0.0050% | 8h | $816K | $1.1M | 75x | as long as short |
| Extended PENDLE-USD | −0.033% | +0.0056% | 1h | $167K | $520K | 10x | as long as short |
| Bitget PENDLEUSDT | −0.016% | +0.0100% | 8h | $3.8M | $2.6M | 75x | as long as short |
| MEXC PENDLE_USDT | −0.004% | +0.0059% | 8h | $16.8M | $2.2M | 125x | as long as short |
| Aster PENDLEUSDT | 0.000% | −0.0032% | 8h | $51K | $133K | 10x | as long as short |
| Binance PENDLEUSDTlong | 0.000% | +0.0058% | 8h | $27.8M | $34.9M | 75x | |
| OKX PENDLE-USDT-SWAP | +0.004% | +0.0100% | 4h | $3.3M | $5.1M | 50x | as long as short |