Spread before costs (cost unknown: a leg has no order-book sample)+0.981%
7d average—if it closes, per $10,000$98funding while held, a day+$59.38
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PENDLE/USDC PERP | 2.5600 | −0.1875 | get 0.0234% / 1h | 27m 29s | $2K | $6K | 5.5x |
| Short | Aevo PENDLE-PERP | 2.5851 | 0.0104 | get 0.0013% / 1h | 27m 29s | $27K | — | 3x |
Injective PENDLE/USDC PERP
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
- $98.13
- Funding while held
- $59.38
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $141.48
- Spread needed to break even
- 0.160%
Slippage unknown: Injective: no order-book sample; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1979%
- Per $10,000 a day
- +$59.38
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
Injective and 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.Injective2.5600cheapest
Variational Omni2.5831+0.904%Bybit2.5840+0.937%Bitget2.5840+0.937%Binance2.5850+0.977%Gate2.5850+0.977%
Variational Omni
Bybit
Bitget
Binance
GateAevo2.5851+0.981%
MEXC2.5852+0.984%Lighter2.5853+0.988%Extended2.5855+0.996%BingX2.5855+0.996%Paradex2.5855+0.998%ApeX Omni2.5856+1.000%Orderly2.5859+1.012%Deribit2.5859+1.012%OKX2.5860+1.016%Reya2.5863+1.026%Aster2.5863+1.028%KuCoin2.5866+1.039%BloFin2.5866+1.039%edgeX2.5872+1.061%SunX2.5872+1.063%Polymarket Perps2.5877+1.082%GMX2.5881+1.098%dYdX2.5886+1.117%Backpack2.5895+1.152%Hyperliquid2.5910+1.211%Coinbase International2.5910+1.211%Kraken Futures2.5930+1.291%
MEXC
Lighter
Extended
BingX
Paradex
ApeX Omni
Orderly
Deribit
OKX
Reya
Aster
KuCoin
BloFin
SunX
Polymarket Perps
GMX
dYdX
Backpack
Hyperliquid
Coinbase International
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 PERPlong | 0.000% | −0.1875% | 1h | $2K | $6K | 5.5x | |
| Variational Omni PENDLE | +0.904% | −0.0270% | 8h | $670K | $2.3M | — | as long as short |
| Bybit PENDLEUSDT | +0.937% | −0.0134% | 8h | $16.1M | $11.9M | 50x | as long as short |
| Bitget PENDLEUSDT | +0.937% | +0.0100% | 8h | $3.9M | $2.6M | 75x | as long as short |
| Binance PENDLEUSDT | +0.977% | +0.0100% | 8h | $28.7M | $33.8M | 75x | as long as short |
| Gate PENDLE_USDT | +0.977% | +0.0100% | 8h | $817K | $1.1M | 75x | as long as short |
| Aevo PENDLE-PERPshort | +0.981% | +0.0104% | 1h | $27K | — | 3x | |
| MEXC PENDLE_USDT | +0.984% | +0.0100% | 8h | $16.9M | $2.1M | 125x | as long as short |
| Lighter PENDLE | +0.988% | +0.0096% | 1h | $564K | $352K | 5x | as long as short |
| Extended PENDLE-USD | +0.996% | +0.0104% | 1h | $171K | $520K | 10x | as long as short |