Spread before costs (cost unknown: a leg has no order-book sample)−0.349%
7d average−0.088%if it closes, per $10,000$35funding while held, a day−$21.64
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International PENDLE-PERP-INTX | 2.5560 | 0.0624 | pay 0.0078% / 1h | 13m 45s | $116K | $438K | 25x |
| Short | Variational Omni PENDLE | 2.5471 | −0.0097 | pay 0.0097% / 8h | 5h 13m | $656K | $2.2M | — |
Coinbase International PENDLE-PERP-INTX
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
- −$34.86
- Funding while held
- −$21.64
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$66.5
- Spread needed to break even
- 0.100%
Slippage unknown: Coinbase International: live order book, 21 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0721%
- Per $10,000 a day
- −$21.64
- 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 Coinbase International live order book, 21 min ago | 9.78 bp | 18.6 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 6.63 bp | doesn't fit | 70.2 bp −$702 | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5080cheapestedgeX2.5446+1.459%ApeX Omni2.5449+1.471%
Injective
ApeX OmniVariational Omni2.5471+1.559%
BloFin2.5503+1.687%SunX2.5514+1.730%Gate2.5520+1.754%Aster2.5525+1.773%Kraken Futures2.5526+1.777%BingX2.5527+1.782%Reya2.5527+1.783%Bybit2.5530+1.794%Binance2.5533+1.806%Paradex2.5534+1.809%Bitget2.5534+1.810%Extended2.5536+1.819%Aevo2.5536+1.819%MEXC2.5537+1.822%dYdX2.5537+1.823%Lighter2.5538+1.826%Deribit2.5541+1.838%KuCoin2.5542+1.842%Orderly2.5543+1.846%OKX2.5550+1.874%GMX2.5551+1.878%Polymarket Perps2.5553+1.886%
BloFin
SunX
Gate
Aster
Kraken Futures
BingX
Reya
Bybit
Binance
Paradex
Bitget
Extended
Aevo
MEXC
dYdX
Lighter
Deribit
KuCoin
Orderly
OKX
GMX
Polymarket PerpsCoinbase International2.5560+1.914%
Hyperliquid2.5583+2.006%Backpack2.5589+2.030%
Hyperliquid
BackpackPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −1.878% | −0.4421% | 1h | $2K | $7K | 5.5x | as long as short |
| edgeX PENDLEUSDC | −0.446% | +0.0100% | 4h | $25K | $417K | 10x | as long as short |
| ApeX Omni PENDLEUSDT | −0.434% | +0.0100% | 1h | $78K | $238K | 50x | as long as short |
| Variational Omni PENDLEshort | −0.349% | −0.0097% | 8h | $656K | $2.2M | — | |
| BloFin PENDLE-USDT | −0.223% | +0.0047% | 8h | $1.4M | $819K | 75x | as long as short |
| SunX PENDLE-USDT | −0.180% | +0.0100% | 8h | $2K | $1.6M | 20x | as long as short |
| Gate PENDLE_USDT | −0.156% | +0.0100% | 8h | $818K | $1.1M | 75x | as long as short |
| Aster PENDLEUSDT | −0.139% | −0.0020% | 8h | $52K | $140K | 10x | as long as short |
| Kraken Futures PF_PENDLEUSD | −0.134% | +0.1430% | 1h | $159K | $251K | 20x | as long as short |
| BingX PENDLE-USDT | −0.129% | +0.0100% | 8h | — | $34.2M | — | as long as short |