Spread before costs (cost unknown: a leg has no order-book sample)+0.011%
7d average—if it closes, per $10,000$1funding while held, a day+$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya PENDLERUSDPERP | 2.6564 | 0.0004 | pay 0.0000% / 1h | 4m 22s | $4K | — | 15x |
| Short | Aster PENDLEUSDT | 2.6567 | 0.0070 | get 0.0070% / 8h | 1h 04m | $51K | $121K | 10x |
Reya PENDLERUSDPERP
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
- $1.1
- Funding while held
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$10.91
- Spread needed to break even
- 0.140%
Slippage unknown: Reya: no order-book sample; Aster: live order book, 65 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0067%
- Per $10,000 a day
- +$2.00
- 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 Reya no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 65 min ago | 12.67 bp | 177.6 bp −$178 | doesn't fit | doesn't fit | doesn't fit |
Reya: 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.Injective2.6500cheapestedgeX2.6505+0.019%Bybit2.6527+0.102%Extended2.6545+0.170%Polymarket Perps2.6548+0.181%OKX2.6550+0.189%Deribit2.6553+0.200%Paradex2.6556+0.209%Aevo2.6556+0.210%Orderly2.6557+0.215%Gate2.6560+0.226%MEXC2.6560+0.226%BingX2.6561+0.230%Binance2.6562+0.234%GMX2.6562+0.235%
Injective
Bybit
Extended
Polymarket Perps
OKX
Deribit
Paradex
Aevo
Orderly
Gate
MEXC
BingX
Binance
GMXReya2.6564+0.240%
Aster2.6567+0.251%
Bitget2.6567+0.253%Variational Omni2.6570+0.264%Lighter2.6578+0.294%KuCoin2.6592+0.347%ApeX Omni2.6594+0.355%BloFin2.6594+0.355%SunX2.6601+0.381%Hyperliquid2.6605+0.396%dYdX2.6610+0.416%Coinbase International2.6630+0.491%Kraken Futures2.6631+0.494%Backpack2.6633+0.502%
Bitget
Variational Omni
Lighter
KuCoin
ApeX Omni
BloFin
SunX
Hyperliquid
dYdX
Coinbase International
Kraken Futures
BackpackPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −0.239% | −0.3627% | 1h | $3K | $52K | 5.5x | as long as short |
| edgeX PENDLEUSDC | −0.220% | +0.0100% | 4h | $26K | $415K | 10x | as long as short |
| Bybit PENDLEUSDT | −0.138% | −0.0199% | 8h | $16.5M | $11.3M | 50x | as long as short |
| Extended PENDLE-USD | −0.070% | +0.0104% | 1h | $175K | $520K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | −0.059% | +0.0013% | 1h | $18K | $68K | 5x | as long as short |
| OKX PENDLE-USDT-SWAP | −0.051% | +0.0100% | 4h | $3.3M | $4.8M | 50x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.040% | −0.0164% | 1h | $31K | $10K | 10x | as long as short |
| Paradex PENDLE-USD-PERP | −0.030% | +0.0100% | 8h | $37K | $31K | 10x | as long as short |
| Aevo PENDLE-PERP | −0.030% | +0.0104% | 1h | $28K | — | 3x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.025% | +0.0051% | 8h | $22K | $4K | 10x | as long as short |