Spread before costs (cost unknown: a leg has no order-book sample)+0.188%
7d average—if it closes, per $10,000$19funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex PENDLE-USD-PERP | 2.6499 | 0.0100 | pay 0.0100% / 8h | 45m 11s | $37K | $30K | 10x |
| Short | SunX PENDLE-USDT | 2.6549 | 0.0100 | get 0.0100% / 8h | 45m 11s | $2K | $1.5M | 20x |
Paradex PENDLE-USD-PERP
SunX PENDLE-USDTPrice 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
- $18.82
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- $4.82
- Spread needed to break even
- 0.140%
Slippage unknown: Paradex: no order-book sample; SunX: live order book, 6 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 6 min ago | 500.15 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Paradex: 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.Bybit2.6484cheapestGate2.6490+0.023%Extended2.6492+0.029%BingX2.6493+0.034%Bitget2.6498+0.053%
Bybit
Gate
Extended
BingX
BitgetParadex2.6499+0.057%
OKX2.6500+0.060%Polymarket Perps2.6500+0.060%Variational Omni2.6502+0.068%Aster2.6505+0.078%Aevo2.6512+0.105%Orderly2.6513+0.110%BloFin2.6513+0.110%Reya2.6514+0.114%MEXC2.6515+0.117%GMX2.6515+0.117%KuCoin2.6518+0.128%Deribit2.6519+0.132%Binance2.6520+0.136%Coinbase International2.6520+0.136%Lighter2.6529+0.170%
OKX
Polymarket Perps
Variational Omni
Aster
Aevo
Orderly
BloFin
Reya
MEXC
GMX
KuCoin
Deribit
Binance
Coinbase International
LighterSunX2.6549+0.245%
Hyperliquid2.6550+0.249%Backpack2.6560+0.287%Kraken Futures2.6583+0.374%dYdX2.6592+0.407%edgeX2.6618+0.508%Injective2.6620+0.514%ApeX Omni2.6627+0.540%
Hyperliquid
Backpack
Kraken Futures
dYdX
Injective
ApeX OmniPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PENDLEUSDT | −0.057% | −0.0189% | 8h | $16.5M | $11.2M | 50x | as long as short |
| Gate PENDLE_USDT | −0.034% | −0.0022% | 8h | $825K | $1.0M | 75x | as long as short |
| Extended PENDLE-USD | −0.028% | +0.0104% | 1h | $175K | $520K | 10x | as long as short |
| BingX PENDLE-USDT | −0.023% | +0.0100% | 8h | — | $34.1M | — | as long as short |
| Bitget PENDLEUSDT | −0.004% | +0.0100% | 8h | $4.0M | $2.6M | 75x | as long as short |
| Paradex PENDLE-USD-PERPlong | 0.000% | +0.0100% | 8h | $37K | $30K | 10x | |
| OKX PENDLE-USDT-SWAP | +0.003% | +0.0100% | 4h | $3.3M | $4.8M | 50x | as long as short |
| Polymarket Perps PENDLE-USD | +0.003% | +0.0048% | 1h | $18K | $59K | 5x | as long as short |
| Variational Omni PENDLE | +0.011% | −0.0220% | 8h | $888K | $2.1M | — | as long as short |
| Aster PENDLEUSDT | +0.021% | +0.0063% | 8h | $51K | $122K | 10x | as long as short |