After costs, if the gap returns to its 7d average, $10k−$53
spread now−0.014%7d average+0.099%fees + slippage, in and out−$42spread needed0.420%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PENDLEUSDC | 2.5529 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $25K | $418K | 10x |
| Short | Hyperliquid PENDLE | 2.5525 | 0.0100 | get 0.0013% / 1h | 41m 28s | $12.2M | $5.2M | 5x |
Hyperliquid 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
- −$1.39
- Funding while held
- $0
- Slippage, 4 orders
- −$24.04
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$43.44
- Spread needed to break even
- 0.420%
Slippage from edgeX: live order book, 63 min ago; Hyperliquid: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 63 min ago | 1.35 bp | 9.5 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 2.54 bp | 10.4 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5330cheapestBingX2.5449+0.470%Binance2.5470+0.553%Bitget2.5473+0.565%GMX2.5477+0.580%Extended2.5489+0.626%Paradex2.5489+0.627%Bybit2.5490+0.632%MEXC2.5495+0.651%BloFin2.5497+0.659%Deribit2.5499+0.667%OKX2.5500+0.671%Gate2.5500+0.671%Aevo2.5506+0.695%Reya2.5506+0.696%Lighter2.5508+0.703%KuCoin2.5509+0.707%Polymarket Perps2.5510+0.711%Orderly2.5511+0.715%Aster2.5522+0.758%
Injective
BingX
Binance
Bitget
GMX
Extended
Paradex
Bybit
MEXC
BloFin
Deribit
OKX
Gate
Aevo
Reya
Lighter
KuCoin
Polymarket Perps
Orderly
AsterHyperliquid2.5525+0.770%
dYdX2.5526+0.773%ApeX Omni2.5542+0.837%SunX2.5544+0.845%Backpack2.5550+0.869%Variational Omni2.5556+0.892%Kraken Futures2.5564+0.925%Coinbase International2.5590+1.026%
dYdX
ApeX Omni
SunX
Backpack
Variational Omni
Kraken Futures
Coinbase InternationalPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −0.778% | −0.4277% | 1h | $2K | $7K | 5.5x | as long as short |
| BingX PENDLE-USDT | −0.312% | +0.0100% | 8h | — | $34.2M | — | as long as short |
| Binance PENDLEUSDT | −0.229% | +0.0059% | 8h | $27.9M | $34.7M | 75x | as long as short |
| Bitget PENDLEUSDT | −0.218% | +0.0100% | 8h | $3.8M | $2.6M | 75x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | −0.202% | L +0.0200% / S −0.0272% | 1h | $5K | — | 100x | as long as short |
| Extended PENDLE-USD | −0.156% | +0.0064% | 1h | $168K | $520K | 10x | as long as short |
| Paradex PENDLE-USD-PERP | −0.156% | +0.0100% | 8h | $36K | $29K | 10x | as long as short |
| Bybit PENDLEUSDT | −0.151% | +0.0055% | 8h | $15.9M | $11.7M | 50x | as long as short |
| MEXC PENDLE_USDT | −0.131% | +0.0062% | 8h | $16.9M | $2.2M | 125x | as long as short |
| BloFin PENDLE-USDT | −0.124% | +0.0064% | 8h | $1.4M | $846K | 75x | as long as short |