Spread before costs (cost unknown: a leg has no order-book sample)+0.063%
7d average—if it closes, per $10,000$6funding while held, a day−$2.60
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps PENDLE-USD | 2.5847 | 0.0100 | pay 0.0013% / 1h | 32m 40s | $16K | $44K | 5x |
| Short | Aster PENDLEUSDT | 2.5863 | 0.0013 | get 0.0013% / 8h | 7h 32m | $51K | $128K | 10x |
Polymarket Perps PENDLE-USD
Aster 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
- $6.33
- Funding while held
- −$2.6
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$12.26
- Spread needed to break even
- 0.160%
Slippage unknown: Polymarket Perps: no order-book sample; Aster: live order book, 27 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0087%
- Per $10,000 a day
- −$2.60
- 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 Polymarket Perps no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 27 min ago | 4.25 bp | 147.2 bp −$147 | doesn't fit | doesn't fit | doesn't fit |
Polymarket Perps: 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.Injective2.5600cheapestExtended2.5819+0.854%Paradex2.5819+0.857%Bybit2.5820+0.859%BingX2.5829+0.895%OKX2.5830+0.898%Gate2.5830+0.898%BloFin2.5831+0.902%MEXC2.5836+0.922%Bitget2.5837+0.926%Reya2.5841+0.940%edgeX2.5841+0.941%Binance2.5842+0.944%KuCoin2.5842+0.945%Variational Omni2.5844+0.953%
Injective
Extended
Paradex
Bybit
BingX
OKX
Gate
BloFin
MEXC
Bitget
Reya
Binance
KuCoin
Variational OmniPolymarket Perps2.5847+0.965%
Orderly2.5851+0.980%Aevo2.5852+0.984%Lighter2.5854+0.992%GMX2.5855+0.995%Deribit2.5856+1.000%SunX2.5859+1.012%
Orderly
Aevo
Lighter
GMX
Deribit
SunXAster2.5863+1.029%
dYdX2.5869+1.053%Coinbase International2.5870+1.055%Hyperliquid2.5888+1.125%ApeX Omni2.5891+1.137%Backpack2.5895+1.152%Kraken Futures2.5935+1.309%
dYdX
Coinbase International
Hyperliquid
ApeX Omni
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 | −0.956% | −0.1875% | 1h | $2K | $6K | 5.5x | as long as short |
| Extended PENDLE-USD | −0.110% | +0.0104% | 1h | $171K | $520K | 10x | as long as short |
| Paradex PENDLE-USD-PERP | −0.107% | +0.0100% | 8h | $36K | $30K | 10x | as long as short |
| Bybit PENDLEUSDT | −0.104% | −0.0101% | 8h | $16.1M | $11.9M | 50x | as long as short |
| BingX PENDLE-USDT | −0.070% | +0.0100% | 8h | — | $34.3M | — | as long as short |
| OKX PENDLE-USDT-SWAP | −0.066% | +0.0100% | 4h | $3.2M | $5.0M | 50x | as long as short |
| Gate PENDLE_USDT | −0.066% | +0.0100% | 8h | $817K | $1.1M | 75x | as long as short |
| BloFin PENDLE-USDT | −0.062% | +0.0072% | 8h | $1.4M | $857K | 75x | as long as short |
| MEXC PENDLE_USDT | −0.043% | +0.0100% | 8h | $16.8M | $2.1M | 125x | as long as short |
| Bitget PENDLEUSDT | −0.039% | +0.0100% | 8h | $3.9M | $2.6M | 75x | as long as short |