Spread before costs (cost unknown: a leg has no order-book sample)−0.122%
7d average—if it closes, per $10,000$12funding while held, a day−$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PENDLE | 2.5537 | 0.0100 | pay 0.0013% / 1h | 41m 56s | $12.2M | $5.2M | 5x |
| Short | Aevo PENDLE-PERP | 2.5506 | 0.0096 | get 0.0012% / 1h | 41m 56s | $27K | — | 3x |
Hyperliquid PENDLE
Aevo PENDLE-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
- −$12.23
- Funding while held
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$37.35
- Spread needed to break even
- 0.250%
Slippage unknown: Hyperliquid: live order book, 2 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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 Hyperliquid live order book, 2 min ago | 2.54 bp | 15.9 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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.Injective2.5330cheapestParadex2.5476+0.576%Gate2.5480+0.592%Bitget2.5493+0.644%BloFin2.5497+0.659%Reya2.5498+0.663%Deribit2.5499+0.667%Bybit2.5500+0.671%Polymarket Perps2.5502+0.679%BingX2.5503+0.683%Lighter2.5505+0.691%Extended2.5506+0.695%
Injective
Paradex
Gate
Bitget
BloFin
Reya
Deribit
Bybit
Polymarket Perps
BingX
Lighter
ExtendedAevo2.5506+0.695%
Binance2.5506+0.695%KuCoin2.5509+0.707%OKX2.5510+0.711%GMX2.5511+0.714%Orderly2.5511+0.715%MEXC2.5513+0.722%Aster2.5516+0.735%dYdX2.5526+0.773%edgeX2.5529+0.784%
Binance
KuCoin
OKX
GMX
Orderly
MEXC
Aster
dYdXHyperliquid2.5537+0.818%
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%
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 | −0.811% | −0.4277% | 1h | $2K | $7K | 5.5x | as long as short |
| Paradex PENDLE-USD-PERP | −0.240% | +0.0100% | 8h | $36K | $29K | 10x | as long as short |
| Gate PENDLE_USDT | −0.224% | +0.0045% | 8h | $815K | $1.1M | 75x | as long as short |
| Bitget PENDLEUSDT | −0.173% | +0.0100% | 8h | $3.8M | $2.6M | 75x | as long as short |
| BloFin PENDLE-USDT | −0.157% | +0.0064% | 8h | $1.4M | $846K | 75x | as long as short |
| Reya PENDLERUSDPERP | −0.154% | +0.0015% | 1h | $4K | — | 15x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.150% | 0.0000% | 1h | $30K | $11K | 10x | as long as short |
| Bybit PENDLEUSDT | −0.146% | +0.0044% | 8h | $15.9M | $11.7M | 50x | as long as short |
| Polymarket Perps PENDLE-USD | −0.138% | +0.0100% | 1h | $16K | $30K | 5x | as long as short |
| BingX PENDLE-USDT | −0.134% | +0.0100% | 8h | — | $34.2M | — | as long as short |