Spread before costs (cost unknown: a leg has no order-book sample)+0.040%
7d average—if it closes, per $10,000$4funding while held, a day+$0.40
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PENDLE-USDT | 2.5652 | 0.0091 | pay 0.0091% / 8h | 7h 20m | $1.4M | $850K | 75x |
| Short | Aevo PENDLE-PERP | 2.5662 | 0.0104 | get 0.0013% / 1h | 20m 51s | $27K | — | 3x |
BloFin PENDLE-USDT
Aevo PENDLE-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
- $4.01
- Funding while held
- $0.4
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$23.59
- Spread needed to break even
- 0.280%
Slippage unknown: BloFin: live order book, 3 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0013%
- Per $10,000 a day
- +$0.40
- 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 BloFin live order book, 3 min ago | 0.19 bp | 11.1 bp −$11 | 22.7 bp −$227 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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.Injective2.5600cheapestBitget2.5601+0.004%Bybit2.5607+0.027%Extended2.5611+0.042%MEXC2.5617+0.066%Binance2.5623+0.090%BingX2.5626+0.102%OKX2.5630+0.117%Gate2.5630+0.117%KuCoin2.5651+0.199%Paradex2.5652+0.202%
Injective
Bitget
Bybit
Extended
MEXC
Binance
BingX
OKX
Gate
KuCoin
ParadexBloFin2.5652+0.203%
Reya2.5656+0.220%Orderly2.5657+0.223%Aster2.5661+0.238%
Reya
Orderly
AsterAevo2.5662+0.243%
Deribit2.5664+0.250%Polymarket Perps2.5666+0.258%GMX2.5669+0.270%Lighter2.5672+0.281%SunX2.5681+0.316%Backpack2.5698+0.383%Hyperliquid2.5699+0.387%dYdX2.5700+0.390%Kraken Futures2.5725+0.490%edgeX2.5777+0.690%Coinbase International2.5780+0.703%Variational Omni2.5785+0.724%ApeX Omni2.5793+0.754%
Deribit
Polymarket Perps
GMX
Lighter
SunX
Backpack
Hyperliquid
dYdX
Kraken Futures
Coinbase International
Variational Omni
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 | −0.203% | −0.1875% | 1h | $2K | $6K | 5.5x | as long as short |
| Bitget PENDLEUSDT | −0.199% | +0.0100% | 8h | $3.8M | $2.6M | 75x | as long as short |
| Bybit PENDLEUSDT | −0.175% | −0.0158% | 8h | $16.0M | $11.8M | 50x | as long as short |
| Extended PENDLE-USD | −0.161% | +0.0096% | 1h | $169K | $520K | 10x | as long as short |
| MEXC PENDLE_USDT | −0.136% | +0.0099% | 8h | $16.7M | $2.1M | 125x | as long as short |
| Binance PENDLEUSDT | −0.113% | +0.0097% | 8h | $28.4M | $34.0M | 75x | as long as short |
| BingX PENDLE-USDT | −0.101% | +0.0100% | 8h | — | $34.3M | — | as long as short |
| OKX PENDLE-USDT-SWAP | −0.086% | +0.0100% | 4h | $3.3M | $5.1M | 50x | as long as short |
| Gate PENDLE_USDT | −0.086% | +0.0100% | 8h | $815K | $1.1M | 75x | as long as short |
| KuCoin PENDLEUSDTM | −0.004% | +0.0100% | 8h | $957K | $543K | 50x | as long as short |