After costs, if the gap returns to its 7d average, $10k−$62
spread now−0.078%7d average+0.039%fees + slippage, in and out−$50spread needed0.504%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PENDLE-USDT | 2.5617 | 0.0039 | pay 0.0039% / 8h | 6h 17m | $1.4M | $816K | 75x |
| Short | ApeX Omni PENDLEUSDT | 2.5597 | 0.0100 | get 0.0013% / 1h | 17m 10s | $78K | $238K | 50x |
BloFin PENDLE-USDT
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
- −$7.81
- Funding while held
- $1.82
- Slippage, 4 orders
- −$28.4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$56.39
- Spread needed to break even
- 0.504%
Slippage from BloFin: live order book, 2 min ago; ApeX Omni: live order book, 21 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0061%
- Per $10,000 a day
- +$1.82
- 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, 2 min ago | 0.19 bp | 12.0 bp −$12 | 19.1 bp −$191 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 21 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.Injective2.5290cheapest
InjectiveApeX Omni2.5597+1.214%
Variational Omni2.5597+1.215%edgeX2.5598+1.220%Bitget2.5611+1.269%dYdX2.5612+1.274%Extended2.5613+1.278%Paradex2.5613+1.279%
Variational Omni
Bitget
dYdX
Extended
ParadexBloFin2.5617+1.293%
Gate2.5620+1.305%Binance2.5625+1.324%Bybit2.5625+1.325%MEXC2.5627+1.333%Aster2.5627+1.333%BingX2.5628+1.336%OKX2.5630+1.344%KuCoin2.5632+1.352%Lighter2.5633+1.356%Orderly2.5635+1.364%Deribit2.5636+1.368%Aevo2.5639+1.378%Reya2.5640+1.382%GMX2.5643+1.397%SunX2.5647+1.412%Polymarket Perps2.5649+1.420%Coinbase International2.5670+1.503%Hyperliquid2.5674+1.518%Backpack2.5675+1.522%Kraken Futures2.5694+1.598%
Gate
Binance
Bybit
MEXC
Aster
BingX
OKX
KuCoin
Lighter
Orderly
Deribit
Aevo
Reya
GMX
SunX
Polymarket Perps
Coinbase International
Hyperliquid
Backpack
Kraken FuturesPENDLE 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% | −0.4277% | 1h | $2K | $7K | 5.5x | as long as short |
| ApeX Omni PENDLEUSDTshort | −0.078% | +0.0100% | 1h | $78K | $238K | 50x | |
| Variational Omni PENDLE | −0.077% | −0.0200% | 8h | $661K | $2.2M | — | as long as short |
| edgeX PENDLEUSDC | −0.072% | +0.0100% | 4h | $25K | $416K | 10x | as long as short |
| Bitget PENDLEUSDT | −0.023% | +0.0100% | 8h | $3.8M | $2.5M | 75x | as long as short |
| dYdX PENDLE-USD | −0.018% | 0.0000% | 1h | $11K | — | 5x | as long as short |
| Extended PENDLE-USD | −0.015% | +0.0056% | 1h | $168K | $518K | 10x | as long as short |
| Paradex PENDLE-USD-PERP | −0.014% | +0.0100% | 8h | $36K | $29K | 10x | as long as short |
| BloFin PENDLE-USDTlong | 0.000% | +0.0039% | 8h | $1.4M | $816K | 75x | |
| Gate PENDLE_USDT | +0.012% | +0.0100% | 8h | $822K | $1.1M | 75x | as long as short |