Spread before costs (cost unknown: a leg has no order-book sample)−0.282%
7d average—if it closes, per $10,000$28funding while held, a day+$2.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PENDLE-USD | 2.5793 | 0 | get 0.0000% / 1h | 22m 37s | $11K | — | 5x |
| Short | Extended PENDLE-USD | 2.5720 | 0.0096 | get 0.0012% / 1h | 22m 37s | $170K | $520K | 10x |
dYdX PENDLE-USD
Extended PENDLE-USDPrice 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
- −$28.2
- Funding while held
- $2.88
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$40.32
- Spread needed to break even
- 0.150%
Slippage unknown: dYdX: no order-book sample; Extended: live order book, 22 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0096%
- Per $10,000 a day
- +$2.88
- 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 22 min ago | 1.15 bp | 13.2 bp −$13 | 105.0 bp −$1,050 | doesn't fit | doesn't fit |
dYdX: 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.Injective2.5600cheapestBitget2.5675+0.293%Bybit2.5679+0.309%Binance2.5689+0.348%BingX2.5707+0.418%OKX2.5720+0.469%
Injective
Bitget
Bybit
Binance
BingX
OKXExtended2.5720+0.470%
MEXC2.5727+0.496%Aster2.5740+0.548%Paradex2.5750+0.585%Gate2.5750+0.586%Lighter2.5757+0.613%KuCoin2.5762+0.633%BloFin2.5770+0.664%Aevo2.5773+0.676%Polymarket Perps2.5776+0.687%Reya2.5776+0.688%Orderly2.5780+0.703%Deribit2.5785+0.723%Variational Omni2.5785+0.724%GMX2.5787+0.732%Hyperliquid2.5793+0.754%ApeX Omni2.5793+0.754%
MEXC
Aster
Paradex
Gate
Lighter
KuCoin
BloFin
Aevo
Polymarket Perps
Reya
Orderly
Deribit
Variational Omni
GMX
Hyperliquid
ApeX OmnidYdX2.5793+0.754%
SunX2.5795+0.762%edgeX2.5798+0.774%Backpack2.5809+0.816%Coinbase International2.5810+0.820%Kraken Futures2.5853+0.989%
SunX
Backpack
Coinbase International
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 | −0.748% | −0.1875% | 1h | $2K | $6K | 5.5x | as long as short |
| Bitget PENDLEUSDT | −0.458% | +0.0100% | 8h | $3.8M | $2.6M | 75x | as long as short |
| Bybit PENDLEUSDT | −0.442% | −0.0142% | 8h | $16.0M | $11.9M | 50x | as long as short |
| Binance PENDLEUSDT | −0.403% | +0.0100% | 8h | $28.5M | $33.9M | 75x | as long as short |
| BingX PENDLE-USDT | −0.333% | +0.0100% | 8h | — | $34.3M | — | as long as short |
| OKX PENDLE-USDT-SWAP | −0.283% | +0.0100% | 4h | $3.3M | $5.1M | 50x | as long as short |
| Extended PENDLE-USDshort | −0.282% | +0.0096% | 1h | $170K | $520K | 10x | |
| MEXC PENDLE_USDT | −0.256% | +0.0099% | 8h | $16.8M | $2.1M | 125x | as long as short |
| Aster PENDLEUSDT | −0.205% | +0.0005% | 8h | $51K | $130K | 10x | as long as short |
| Paradex PENDLE-USD-PERP | −0.168% | +0.0100% | 8h | $36K | $30K | 10x | as long as short |