Spread before costs (cost unknown: a leg has no order-book sample)+0.055%
7d average−0.009%if it closes, per $10,000$5funding while held, a day−$10.06
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PENDLEUSDC | 2.5482 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $25K | $415K | 10x |
| Short | Variational Omni PENDLE | 2.5496 | −0.0235 | pay 0.0235% / 8h | 6h 38m | $663K | $2.2M | — |
Variational Omni 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
- $5.5
- Funding while held
- −$10.06
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$13.56
- Spread needed to break even
- 0.090%
Slippage unknown: edgeX: live order book, 1 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0335%
- Per $10,000 a day
- −$10.06
- 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, 1 min ago | 2.36 bp | 7.5 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 4.70 bp | doesn't fit | 46.5 bp −$465 | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5110cheapestParadex2.5408+1.186%Aevo2.5418+1.228%Gate2.5420+1.235%dYdX2.5421+1.240%KuCoin2.5423+1.247%Aster2.5424+1.249%Polymarket Perps2.5427+1.262%Reya2.5428+1.268%BloFin2.5429+1.270%Bitget2.5430+1.274%Orderly2.5437+1.302%Extended2.5439+1.308%Bybit2.5443+1.326%BingX2.5447+1.342%Lighter2.5450+1.354%OKX2.5450+1.354%Coinbase International2.5450+1.354%GMX2.5450+1.355%Binance2.5455+1.373%Deribit2.5457+1.382%MEXC2.5462+1.402%SunX2.5482+1.481%Hyperliquid2.5485+1.493%ApeX Omni2.5491+1.517%
Injective
Paradex
Aevo
Gate
dYdX
KuCoin
Aster
Polymarket Perps
Reya
BloFin
Bitget
Orderly
Extended
Bybit
BingX
Lighter
OKX
Coinbase International
GMX
Binance
Deribit
MEXC
SunX
Hyperliquid
ApeX OmniVariational Omni2.5496+1.539%
Backpack2.5499+1.549%Kraken Futures2.5504+1.571%
Backpack
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 | −1.461% | −0.4277% | 1h | $2K | $7K | 5.5x | as long as short |
| Paradex PENDLE-USD-PERP | −0.293% | +0.0100% | 8h | $36K | $29K | 10x | as long as short |
| Aevo PENDLE-PERP | −0.251% | +0.0096% | 1h | $27K | — | 3x | as long as short |
| Gate PENDLE_USDT | −0.245% | +0.0061% | 8h | $817K | $1.1M | 75x | as long as short |
| dYdX PENDLE-USD | −0.240% | 0.0000% | 1h | $11K | — | 5x | as long as short |
| KuCoin PENDLEUSDTM | −0.233% | +0.0100% | 8h | $929K | $561K | 50x | as long as short |
| Aster PENDLEUSDT | −0.231% | −0.0032% | 8h | $51K | $133K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | −0.217% | +0.0100% | 1h | $16K | $30K | 5x | as long as short |
| Reya PENDLERUSDPERP | −0.212% | +0.0015% | 1h | $4K | — | 15x | as long as short |
| BloFin PENDLE-USDT | −0.210% | +0.0043% | 8h | $1.4M | $844K | 75x | as long as short |