After costs, if the gap returns to its 7d average, $10k−$33
spread now+0.084%7d average+0.056%fees + slippage, in and out−$36spread needed0.362%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PENDLE | 2.6152 | 0.0096 | pay 0.0012% / 1h | 20m 08s | $569K | $359K | 5x |
| Short | ApeX Omni PENDLEUSDT | 2.6174 | 0.0100 | get 0.0013% / 1h | 20m 08s | $79K | $236K | 50x |
Lighter PENDLE
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
- $8.41
- Funding while held
- $0.12
- Slippage, 4 orders
- −$26.17
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$27.64
- Spread needed to break even
- 0.362%
Slippage from Lighter: live order book, 26 min ago; ApeX Omni: live order book, 28 min ago.
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 Lighter live order book, 26 min ago | 3.58 bp | 4.3 bp −$4 | 60.6 bp −$606 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 28 min ago | 4.90 bp | 12.5 bp −$13 | 99.3 bp −$993 | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5940cheapestVariational Omni2.6073+0.512%BingX2.6121+0.698%Bybit2.6123+0.705%Extended2.6126+0.715%OKX2.6130+0.732%Gate2.6130+0.732%Reya2.6134+0.749%Polymarket Perps2.6135+0.752%Paradex2.6135+0.753%Bitget2.6139+0.767%Binance2.6143+0.783%MEXC2.6148+0.802%
Injective
Variational Omni
BingX
Bybit
Extended
OKX
Gate
Reya
Polymarket Perps
Paradex
Bitget
Binance
MEXCLighter2.6152+0.817%
Orderly2.6152+0.817%edgeX2.6152+0.818%Aster2.6153+0.820%Aevo2.6153+0.820%GMX2.6160+0.846%Coinbase International2.6160+0.848%BloFin2.6166+0.871%KuCoin2.6167+0.875%Deribit2.6167+0.875%dYdX2.6167+0.876%
Orderly
Aster
Aevo
GMX
Coinbase International
BloFin
KuCoin
Deribit
dYdXApeX Omni2.6174+0.902%
Hyperliquid2.6179+0.921%SunX2.6186+0.948%Backpack2.6193+0.975%Kraken Futures2.6210+1.042%
Hyperliquid
SunX
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 | −0.811% | −0.1178% | 1h | $2K | $6K | 5.5x | as long as short |
| Variational Omni PENDLE | −0.303% | −0.0268% | 8h | $834K | $2.2M | — | as long as short |
| BingX PENDLE-USDT | −0.119% | +0.0100% | 8h | — | $34.2M | — | as long as short |
| Bybit PENDLEUSDT | −0.111% | −0.0233% | 8h | $16.2M | $11.4M | 50x | as long as short |
| Extended PENDLE-USD | −0.101% | +0.0104% | 1h | $172K | $520K | 10x | as long as short |
| OKX PENDLE-USDT-SWAP | −0.084% | +0.0100% | 4h | $3.2M | $4.9M | 50x | as long as short |
| Gate PENDLE_USDT | −0.084% | −0.0009% | 8h | $813K | $1.1M | 75x | as long as short |
| Reya PENDLERUSDPERP | −0.067% | +0.0007% | 1h | $4K | — | 15x | as long as short |
| Polymarket Perps PENDLE-USD | −0.065% | −0.0037% | 1h | $18K | $55K | 5x | as long as short |
| Paradex PENDLE-USD-PERP | −0.064% | +0.0100% | 8h | $37K | $30K | 10x | as long as short |