Spread before costs (cost unknown: a leg has no order-book sample)−0.062%
7d average—if it closes, per $10,000$6funding while held, a day−$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PENDLEUSDC | 2.5568 | 0.0100 | pay 0.0050% / 4h | 2h 23m | $25K | $415K | 10x |
| Short | dYdX PENDLE-USD | 2.5552 | 0 | get 0.0000% / 1h | 23m 26s | $11K | — | 5x |
dYdX 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
- −$6.17
- Funding while held
- −$3
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$28.17
- Spread needed to break even
- 0.190%
Slippage unknown: edgeX: live order book, 16 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 edgeX live order book, 16 min ago | 2.36 bp | 7.5 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
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.Injective2.5290cheapestParadex2.5539+0.984%Aster2.5543+1.002%Bitget2.5548+1.020%Lighter2.5550+1.028%
Injective
Paradex
Aster
Bitget
LighterdYdX2.5552+1.035%
KuCoin2.5553+1.040%BloFin2.5554+1.044%Binance2.5555+1.048%Bybit2.5560+1.068%Extended2.5560+1.069%MEXC2.5562+1.076%Aevo2.5562+1.078%ApeX Omni2.5568+1.099%BingX2.5569+1.103%Reya2.5569+1.105%OKX2.5570+1.107%Orderly2.5571+1.111%Polymarket Perps2.5576+1.131%Deribit2.5579+1.143%Coinbase International2.5580+1.147%GMX2.5581+1.152%SunX2.5582+1.155%Gate2.5590+1.186%Backpack2.5597+1.214%Hyperliquid2.5601+1.230%Kraken Futures2.5624+1.322%Variational Omni2.5646+1.409%
KuCoin
BloFin
Binance
Bybit
Extended
MEXC
Aevo
ApeX Omni
BingX
Reya
OKX
Orderly
Polymarket Perps
Deribit
Coinbase International
GMX
SunX
Gate
Backpack
Hyperliquid
Kraken Futures
Variational 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 | −1.086% | −0.4277% | 1h | $2K | $7K | 5.5x | as long as short |
| Paradex PENDLE-USD-PERP | −0.112% | +0.0100% | 8h | $36K | $29K | 10x | as long as short |
| Aster PENDLEUSDT | −0.094% | −0.0030% | 8h | $52K | $133K | 10x | as long as short |
| Bitget PENDLEUSDT | −0.076% | +0.0100% | 8h | $3.8M | $2.5M | 75x | as long as short |
| Lighter PENDLE | −0.069% | +0.0096% | 1h | $558K | $356K | 5x | as long as short |
| dYdX PENDLE-USDshort | −0.062% | 0.0000% | 1h | $11K | — | 5x | |
| KuCoin PENDLEUSDTM | −0.057% | +0.0100% | 8h | $948K | $566K | 50x | as long as short |
| BloFin PENDLE-USDT | −0.053% | +0.0057% | 8h | $1.4M | $814K | 75x | as long as short |
| Binance PENDLEUSDT | −0.049% | +0.0055% | 8h | $28.0M | $35.1M | 75x | as long as short |
| Bybit PENDLEUSDT | −0.030% | +0.0100% | 8h | $15.9M | $11.7M | 50x | as long as short |