Spread before costs (cost unknown: a leg has no order-book sample)−1.496%
7d average—if it closes, per $10,000$150funding while held, a day−$135.62
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PENDLEUSDC | 2.5664 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $25K | $417K | 10x |
| Short | Injective PENDLE/USDC PERP | 2.5280 | −0.4421 | pay 0.0553% / 1h | 42m 26s | $2K | $7K | 5.5x |
Injective PENDLE/USDC PERPPrice 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
- −$149.63
- Funding while held
- −$135.62
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$294.27
- Spread needed to break even
- 0.090%
Slippage unknown: edgeX: live order book, 57 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.4521%
- Per $10,000 a day
- −$135.62
- 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, 57 min ago | 2.36 bp | 7.5 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.Injective2.5280cheapest
Bybit2.5620+1.345%Extended2.5624+1.361%Gate2.5630+1.384%BloFin2.5631+1.388%Paradex2.5631+1.390%Binance2.5634+1.400%Reya2.5635+1.406%BingX2.5636+1.408%Kraken Futures2.5639+1.419%OKX2.5640+1.424%Aevo2.5640+1.424%Lighter2.5642+1.432%MEXC2.5645+1.444%SunX2.5648+1.456%Aster2.5648+1.457%Deribit2.5649+1.460%Bitget2.5652+1.472%Orderly2.5655+1.483%KuCoin2.5656+1.487%Polymarket Perps2.5658+1.495%GMX2.5662+1.511%Hyperliquid2.5665+1.523%dYdX2.5670+1.541%ApeX Omni2.5672+1.551%Variational Omni2.5676+1.565%Backpack2.5689+1.618%Coinbase International2.5720+1.741%
Bybit
Extended
Gate
BloFin
Paradex
Binance
Reya
BingX
Kraken Futures
OKX
Aevo
Lighter
MEXC
SunX
Aster
Deribit
Bitget
Orderly
KuCoin
Polymarket Perps
GMX
Hyperliquid
dYdX
ApeX Omni
Variational Omni
Backpack
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 PERPshort | −1.496% | −0.4421% | 1h | $2K | $7K | 5.5x | |
| Bybit PENDLEUSDT | −0.172% | +0.0100% | 8h | $16.0M | $12.0M | 50x | as long as short |
| Extended PENDLE-USD | −0.156% | +0.0072% | 1h | $169K | $519K | 10x | as long as short |
| Gate PENDLE_USDT | −0.133% | +0.0100% | 8h | $824K | $1.0M | 75x | as long as short |
| BloFin PENDLE-USDT | −0.129% | +0.0048% | 8h | $1.4M | $825K | 75x | as long as short |
| Paradex PENDLE-USD-PERP | −0.128% | +0.0100% | 8h | $36K | $28K | 10x | as long as short |
| Binance PENDLEUSDT | −0.117% | +0.0073% | 8h | $28.1M | $36.0M | 75x | as long as short |
| Reya PENDLERUSDPERP | −0.112% | +0.0020% | 1h | $4K | — | 15x | as long as short |
| BingX PENDLE-USDT | −0.109% | +0.0100% | 8h | — | $34.2M | — | as long as short |
| Kraken Futures PF_PENDLEUSD | −0.098% | +0.1424% | 1h | $159K | $257K | 20x | as long as short |