Spread before costs (cost unknown: a leg has no order-book sample)−0.222%
7d average—if it closes, per $10,000$22funding while held, a day+$0.63
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PENDLE-USD | 2.5501 | 0 | get 0.0000% / 1h | 26m 22s | $11K | — | 5x |
| Short | Reya PENDLERUSDPERP | 2.5444 | 0.0021 | get 0.0003% / 1h | 26m 22s | $4K | — | 15x |
dYdX PENDLE-USD
Reya PENDLERUSDPERPPrice 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
- −$22.19
- Funding while held
- $0.63
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$37.55
- Spread needed to break even
- 0.160%
Slippage unknown: dYdX: no order-book sample; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0021%
- Per $10,000 a day
- +$0.63
- 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 Reya no order-book sample | — | — | — | — | — |
dYdX and Reya: 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.Injective2.5280cheapestBitget2.5426+0.578%Extended2.5438+0.624%Bybit2.5440+0.633%Binance2.5443+0.645%BingX2.5444+0.649%Paradex2.5444+0.650%
Injective
Bitget
Extended
Bybit
Binance
BingX
ParadexReya2.5444+0.650%
MEXC2.5446+0.657%SunX2.5446+0.657%OKX2.5450+0.672%Gate2.5450+0.672%Orderly2.5450+0.672%Lighter2.5453+0.684%Aevo2.5453+0.685%GMX2.5457+0.699%Deribit2.5459+0.708%BloFin2.5467+0.740%Kraken Futures2.5470+0.751%Polymarket Perps2.5488+0.823%Aster2.5491+0.834%KuCoin2.5491+0.835%Hyperliquid2.5494+0.847%Variational Omni2.5496+0.855%
MEXC
SunX
OKX
Gate
Orderly
Lighter
Aevo
GMX
Deribit
BloFin
Kraken Futures
Polymarket Perps
Aster
KuCoin
Hyperliquid
Variational OmnidYdX2.5501+0.874%
Coinbase International2.5510+0.910%edgeX2.5511+0.912%ApeX Omni2.5516+0.934%Backpack2.5528+0.981%
Coinbase International
ApeX Omni
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 | −0.867% | −0.4421% | 1h | $2K | $7K | 5.5x | as long as short |
| Bitget PENDLEUSDT | −0.294% | +0.0100% | 8h | $3.9M | $2.6M | 75x | as long as short |
| Extended PENDLE-USD | −0.248% | +0.0064% | 1h | $168K | $519K | 10x | as long as short |
| Bybit PENDLEUSDT | −0.239% | +0.0100% | 8h | $15.9M | $11.9M | 50x | as long as short |
| Binance PENDLEUSDT | −0.228% | +0.0061% | 8h | $27.9M | $36.0M | 75x | as long as short |
| BingX PENDLE-USDT | −0.224% | +0.0100% | 8h | — | $34.2M | — | as long as short |
| Paradex PENDLE-USD-PERP | −0.222% | +0.0100% | 8h | $36K | $28K | 10x | as long as short |
| Reya PENDLERUSDPERPshort | −0.222% | +0.0021% | 1h | $4K | — | 15x | |
| MEXC PENDLE_USDT | −0.216% | +0.0062% | 8h | $17.0M | $2.2M | 125x | as long as short |
| SunX PENDLE-USDT | −0.216% | +0.0100% | 8h | $1K | $1.6M | 20x | as long as short |