Spread before costs (cost unknown: a leg has no order-book sample)+0.035%
7d average—if it closes, per $10,000$3funding while held, a day−$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PENDLE-USDT-SWAP | 2.5580 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $3.4M | $5.4M | 50x |
| Short | Aevo PENDLE-PERP | 2.5589 | 0.0096 | get 0.0012% / 1h | 39m 46s | $27K | — | 3x |
OKX PENDLE-USDT-SWAP
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
- $3.48
- Funding while held
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$22.64
- Spread needed to break even
- 0.260%
Slippage unknown: OKX: live order book, 4 min ago; Aevo: no order-book sample. Net counts fees only.
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 OKX live order book, 4 min ago | 1.95 bp | 22.0 bp −$22 | 151.8 bp −$1,518 | 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.Injective2.5280cheapestBloFin2.5566+1.131%Bybit2.5570+1.147%Bitget2.5574+1.163%Variational Omni2.5576+1.171%BingX2.5578+1.179%SunX2.5579+1.183%
Injective
BloFin
Bybit
Bitget
Variational Omni
BingX
SunXOKX2.5580+1.187%
Gate2.5580+1.187%Extended2.5582+1.197%MEXC2.5583+1.199%Binance2.5583+1.200%Paradex2.5585+1.206%
Gate
Extended
MEXC
Binance
ParadexAevo2.5589+1.222%
Kraken Futures2.5589+1.222%Orderly2.5592+1.234%Lighter2.5594+1.242%Reya2.5596+1.249%Deribit2.5600+1.266%KuCoin2.5603+1.278%GMX2.5610+1.307%Aster2.5611+1.311%Polymarket Perps2.5614+1.321%dYdX2.5620+1.345%Hyperliquid2.5627+1.373%Backpack2.5635+1.404%edgeX2.5648+1.455%ApeX Omni2.5658+1.495%Coinbase International2.5720+1.741%
Kraken Futures
Orderly
Lighter
Reya
Deribit
KuCoin
GMX
Aster
Polymarket Perps
dYdX
Hyperliquid
Backpack
ApeX Omni
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 | −1.173% | −0.4421% | 1h | $2K | $7K | 5.5x | as long as short |
| BloFin PENDLE-USDT | −0.055% | +0.0075% | 8h | $1.4M | $823K | 75x | as long as short |
| Bybit PENDLEUSDT | −0.039% | +0.0100% | 8h | $15.9M | $12.0M | 50x | as long as short |
| Bitget PENDLEUSDT | −0.023% | +0.0100% | 8h | $3.9M | $2.7M | 75x | as long as short |
| Variational Omni PENDLE | −0.015% | −0.0127% | 8h | $660K | $2.2M | — | as long as short |
| BingX PENDLE-USDT | −0.008% | +0.0100% | 8h | — | $34.3M | — | as long as short |
| SunX PENDLE-USDT | −0.004% | +0.0100% | 8h | $2K | $1.6M | 20x | as long as short |
| OKX PENDLE-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $3.4M | $5.4M | 50x | |
| Gate PENDLE_USDT | 0.000% | +0.0100% | 8h | $822K | $1.0M | 75x | as long as short |
| Extended PENDLE-USD | +0.010% | +0.0072% | 1h | $169K | $519K | 10x | as long as short |