Spread before costs (cost unknown: a leg has no order-book sample)−1.138%
7d average—if it closes, per $10,000$114funding while held, a day−$135.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PENDLE | 2.5571 | 0.0096 | pay 0.0012% / 1h | 36m 28s | $559K | $358K | 5x |
| Short | Injective PENDLE/USDC PERP | 2.5280 | −0.4421 | pay 0.0553% / 1h | 36m 28s | $2K | $7K | 5.5x |
Lighter PENDLE
Injective PENDLE/USDC 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
- −$113.8
- Funding while held
- −$135.5
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$249.32
- Spread needed to break even
- 0.000%
Slippage unknown: Lighter: live order book, 60 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.4517%
- Per $10,000 a day
- −$135.50
- 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, 60 min ago | 9.77 bp | 13.6 bp −$14 | 57.6 bp −$576 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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
Bybit2.5541+1.032%Binance2.5546+1.052%SunX2.5546+1.052%Paradex2.5547+1.057%Bitget2.5549+1.064%Extended2.5550+1.066%BingX2.5552+1.076%BloFin2.5552+1.076%Aevo2.5555+1.086%Deribit2.5557+1.096%MEXC2.5559+1.104%Orderly2.5559+1.104%Gate2.5560+1.108%KuCoin2.5560+1.108%Reya2.5562+1.116%dYdX2.5564+1.123%GMX2.5567+1.136%Kraken Futures2.5570+1.145%OKX2.5570+1.147%
Bybit
Binance
SunX
Paradex
Bitget
Extended
BingX
BloFin
Aevo
Deribit
MEXC
Orderly
Gate
KuCoin
Reya
dYdX
GMX
Kraken Futures
OKXLighter2.5571+1.151%
Variational Omni2.5576+1.171%edgeX2.5578+1.180%Aster2.5580+1.188%ApeX Omni2.5581+1.191%Polymarket Perps2.5584+1.203%Hyperliquid2.5602+1.274%Backpack2.5608+1.297%Coinbase International2.5720+1.741%
Variational Omni
Aster
ApeX Omni
Polymarket Perps
Hyperliquid
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 PERPshort | −1.138% | −0.4421% | 1h | $2K | $7K | 5.5x | |
| Bybit PENDLEUSDT | −0.117% | +0.0100% | 8h | $15.9M | $11.9M | 50x | as long as short |
| Binance PENDLEUSDT | −0.098% | +0.0063% | 8h | $28.0M | $36.1M | 75x | as long as short |
| SunX PENDLE-USDT | −0.098% | +0.0100% | 8h | $2K | $1.6M | 20x | as long as short |
| Paradex PENDLE-USD-PERP | −0.093% | +0.0100% | 8h | $36K | $28K | 10x | as long as short |
| Bitget PENDLEUSDT | −0.086% | +0.0100% | 8h | $3.9M | $2.6M | 75x | as long as short |
| Extended PENDLE-USD | −0.084% | +0.0064% | 1h | $169K | $519K | 10x | as long as short |
| BingX PENDLE-USDT | −0.074% | +0.0100% | 8h | — | $34.3M | — | as long as short |
| BloFin PENDLE-USDT | −0.074% | +0.0090% | 8h | $1.4M | $823K | 75x | as long as short |
| Aevo PENDLE-PERP | −0.064% | +0.0096% | 1h | $27K | — | 3x | as long as short |