Spread before costs (cost unknown: a leg has no order-book sample)+0.104%
7d average—if it closes, per $10,000$10funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PENDLE | 2.5447 | 0.0096 | pay 0.0012% / 1h | 55m 41s | $556K | $358K | 5x |
| Short | Aevo PENDLE-PERP | 2.5473 | 0.0096 | get 0.0012% / 1h | 55m 41s | $27K | — | 3x |
Lighter 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
- $10.39
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$5.61
- Spread needed to break even
- 0.160%
Slippage unknown: Lighter: live order book, 36 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Lighter live order book, 36 min ago | 5.29 bp | 7.5 bp −$8 | 53.7 bp −$537 | 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.Injective2.5250cheapestBybit2.5435+0.733%Paradex2.5438+0.745%MEXC2.5443+0.764%Bitget2.5443+0.764%Binance2.5444+0.768%
Injective
Bybit
Paradex
MEXC
Bitget
BinanceLighter2.5447+0.780%
Extended2.5447+0.781%OKX2.5450+0.792%Gate2.5450+0.792%BingX2.5453+0.804%Variational Omni2.5465+0.853%dYdX2.5467+0.860%Kraken Futures2.5468+0.863%Reya2.5469+0.868%Aster2.5471+0.877%KuCoin2.5472+0.879%
Extended
OKX
Gate
BingX
Variational Omni
dYdX
Kraken Futures
Reya
Aster
KuCoinAevo2.5473+0.885%
Orderly2.5475+0.891%SunX2.5476+0.895%Deribit2.5476+0.895%Hyperliquid2.5479+0.906%BloFin2.5479+0.907%GMX2.5482+0.920%Polymarket Perps2.5501+0.994%edgeX2.5509+1.028%ApeX Omni2.5510+1.030%Backpack2.5522+1.077%Coinbase International2.5530+1.109%
Orderly
SunX
Deribit
Hyperliquid
BloFin
GMX
Polymarket Perps
ApeX 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 PERP | −0.774% | −0.4300% | 1h | $2K | $7K | 5.5x | as long as short |
| Bybit PENDLEUSDT | −0.047% | +0.0100% | 8h | $15.8M | $11.9M | 50x | as long as short |
| Paradex PENDLE-USD-PERP | −0.035% | +0.0100% | 8h | $36K | $26K | 10x | as long as short |
| MEXC PENDLE_USDT | −0.016% | +0.0063% | 8h | $17.0M | $2.2M | 125x | as long as short |
| Bitget PENDLEUSDT | −0.016% | +0.0100% | 8h | $3.8M | $2.6M | 75x | as long as short |
| Binance PENDLEUSDT | −0.012% | +0.0061% | 8h | $27.9M | $36.4M | 75x | as long as short |
| Lighter PENDLElong | 0.000% | +0.0096% | 1h | $556K | $358K | 5x | |
| Extended PENDLE-USD | 0.000% | +0.0064% | 1h | $168K | $519K | 10x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.012% | +0.0100% | 4h | $3.3M | $5.3M | 50x | as long as short |
| Gate PENDLE_USDT | +0.012% | +0.0100% | 8h | $816K | $1.0M | 75x | as long as short |