Spread before costs (cost unknown: a leg has no order-book sample)+0.321%
7d average+0.110%if it closes, per $10,000$32funding while held, a day+$18.17
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX PENDLE-USDT | 2.5538 | 0.0100 | pay 0.0100% / 8h | 6h 00m | $2K | $1.6M | 20x |
| Short | Backpack PENDLE_USDC_PERP | 2.5620 | 0.0706 | get 0.0088% / 1h | 0m 00s | $377K | $462K | 15x |
SunX PENDLE-USDT
Backpack 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
- $32.11
- Funding while held
- $18.17
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $30.28
- Spread needed to break even
- 0.200%
Slippage unknown: SunX: live order book, 11 min ago; Backpack: live order book, 40 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0606%
- Per $10,000 a day
- +$18.17
- 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 SunX live order book, 11 min ago | 498.53 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 40 min ago | 2.36 bp | 7.6 bp −$8 | 31.3 bp −$313 | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5200cheapestApeX Omni2.5415+0.853%edgeX2.5423+0.886%Variational Omni2.5497+1.180%Paradex2.5532+1.318%
Injective
ApeX Omni
Variational Omni
ParadexSunX2.5538+1.341%
dYdX2.5543+1.359%Reya2.5543+1.362%Bybit2.5550+1.389%Gate2.5550+1.389%BloFin2.5551+1.393%KuCoin2.5554+1.405%Aster2.5555+1.410%Aevo2.5556+1.411%Polymarket Perps2.5557+1.417%BingX2.5560+1.429%Bitget2.5561+1.433%MEXC2.5564+1.444%GMX2.5564+1.445%Binance2.5565+1.449%Lighter2.5567+1.456%Orderly2.5567+1.456%Extended2.5568+1.458%Deribit2.5571+1.472%Kraken Futures2.5584+1.526%OKX2.5590+1.548%Coinbase International2.5590+1.548%Hyperliquid2.5602+1.595%
dYdX
Reya
Bybit
Gate
BloFin
KuCoin
Aster
Aevo
Polymarket Perps
BingX
Bitget
MEXC
GMX
Binance
Lighter
Orderly
Extended
Deribit
Kraken Futures
OKX
Coinbase International
HyperliquidBackpack2.5620+1.667%
PENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −1.324% | −0.4277% | 1h | $2K | $7K | 5.5x | as long as short |
| ApeX Omni PENDLEUSDT | −0.482% | +0.0100% | 1h | $78K | $237K | 50x | as long as short |
| edgeX PENDLEUSDC | −0.449% | +0.0100% | 4h | $25K | $417K | 10x | as long as short |
| Variational Omni PENDLE | −0.159% | −0.0161% | 8h | $657K | $2.3M | — | as long as short |
| Paradex PENDLE-USD-PERP | −0.023% | +0.0100% | 8h | $36K | $29K | 10x | as long as short |
| SunX PENDLE-USDTlong | 0.000% | +0.0100% | 8h | $2K | $1.6M | 20x | |
| dYdX PENDLE-USD | +0.018% | 0.0000% | 1h | $11K | — | 5x | as long as short |
| Reya PENDLERUSDPERP | +0.021% | +0.0018% | 1h | $4K | — | 15x | as long as short |
| Bybit PENDLEUSDT | +0.047% | +0.0100% | 8h | $16.0M | $12.0M | 50x | as long as short |
| Gate PENDLE_USDT | +0.047% | +0.0100% | 8h | $823K | $1.1M | 75x | as long as short |