Spread before costs (cost unknown: a leg has no order-book sample)+1.191%
7d average—if it closes, per $10,000$119funding while held, a day+$135.62
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PENDLE/USDC PERP | 2.5280 | −0.4421 | get 0.0553% / 1h | 33m 58s | $2K | $7K | 5.5x |
| Short | ApeX Omni PENDLEUSDT | 2.5581 | 0.0100 | get 0.0013% / 1h | 33m 58s | $78K | $237K | 50x |
Injective PENDLE/USDC PERP
ApeX Omni PENDLEUSDTPrice 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
- $119.07
- Funding while held
- $135.62
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $244.66
- Spread needed to break even
- 0.100%
Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 64 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 64 min ago | 4.31 bp | 11.6 bp −$12 | 93.9 bp −$939 | doesn't fit | doesn't fit |
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
Extended2.5509+0.906%Bybit2.5511+0.914%Bitget2.5521+0.953%BingX2.5521+0.953%Paradex2.5522+0.955%MEXC2.5524+0.965%Binance2.5524+0.966%Aevo2.5525+0.969%BloFin2.5528+0.981%OKX2.5530+0.989%Gate2.5530+0.989%SunX2.5530+0.989%Lighter2.5533+1.001%Kraken Futures2.5534+1.006%Orderly2.5535+1.009%Deribit2.5537+1.017%Reya2.5542+1.035%Aster2.5542+1.037%Variational Omni2.5546+1.052%KuCoin2.5546+1.052%GMX2.5546+1.054%dYdX2.5564+1.123%Hyperliquid2.5571+1.151%Polymarket Perps2.5574+1.163%edgeX2.5578+1.180%Coinbase International2.5580+1.187%
Extended
Bybit
Bitget
BingX
Paradex
MEXC
Binance
Aevo
BloFin
OKX
Gate
SunX
Lighter
Kraken Futures
Orderly
Deribit
Reya
Aster
Variational Omni
KuCoin
GMX
dYdX
Hyperliquid
Polymarket Perps
Coinbase InternationalApeX Omni2.5581+1.191%
Backpack2.5584+1.203%
BackpackPENDLE 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% | −0.4421% | 1h | $2K | $7K | 5.5x | |
| Extended PENDLE-USD | +0.906% | +0.0064% | 1h | $168K | $519K | 10x | as long as short |
| Bybit PENDLEUSDT | +0.914% | +0.0100% | 8h | $15.9M | $11.9M | 50x | as long as short |
| Bitget PENDLEUSDT | +0.953% | +0.0100% | 8h | $3.9M | $2.6M | 75x | as long as short |
| BingX PENDLE-USDT | +0.953% | +0.0100% | 8h | — | $34.3M | — | as long as short |
| Paradex PENDLE-USD-PERP | +0.955% | +0.0100% | 8h | $36K | $28K | 10x | as long as short |
| MEXC PENDLE_USDT | +0.965% | +0.0062% | 8h | $17.1M | $2.1M | 125x | as long as short |
| Binance PENDLEUSDT | +0.966% | +0.0062% | 8h | $28.0M | $36.0M | 75x | as long as short |
| Aevo PENDLE-PERP | +0.969% | +0.0096% | 1h | $27K | — | 3x | as long as short |
| BloFin PENDLE-USDT | +0.981% | +0.0034% | 8h | $1.4M | $822K | 75x | as long as short |