PENDLE

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−0.086%

7d average−0.071%if it closes, per $10,000$9funding while held, a day+$0.00

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX PENDLE-USDT	2.5592	0.0100	pay 0.0100% / 8h	6h 31m	$2K	$1.6M	20x
Short	OKX PENDLE-USDT-SWAP	2.5570	0.0100	get 0.0050% / 4h	2h 31m	$3.3M	$5.2M	50x

Price spread history

latest

Range statsloading…

share of time at each level, last 7D

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Position, each leg$Hold forhoursFee SunXbpFee OKXbpOrdersClose when spread is

Slippage unknown: SunX: live order book, 10 min ago; OKX: live order book, 2 min ago. Net counts fees only.

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, 10 min ago	500.00 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	1.96 bp	20.0 bp −$20	93.5 bp −$935	doesn't fit	doesn't fit

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Injective PENDLE/USDC PERP	−1.883%	−0.4277%	1h	$2K	$7K	5.5x	as long as short
Variational Omni PENDLE	−0.372%	−0.0225%	8h	$659K	$2.2M	—	as long as short
edgeX PENDLEUSDC	−0.259%	+0.0100%	4h	$25K	$416K	10x	as long as short
Reya PENDLERUSDPERP	−0.169%	+0.0016%	1h	$4K	—	15x	as long as short
BloFin PENDLE-USDT	−0.168%	+0.0037%	8h	$1.4M	$851K	75x	as long as short
Extended PENDLE-USD	−0.152%	+0.0064%	1h	$168K	$518K	10x	as long as short
Paradex PENDLE-USD-PERP	−0.147%	+0.0100%	8h	$36K	$29K	10x	as long as short
BingX PENDLE-USDT	−0.141%	+0.0100%	8h	—	$34.2M	—	as long as short
Polymarket Perps PENDLE-USD	−0.141%	+0.0100%	1h	$16K	$30K	5x	as long as short
Binance PENDLEUSDT	−0.133%	+0.0062%	8h	$28.0M	$35.0M	75x	as long as short

Show all 29 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
MEXC PENDLE_USDT	−0.121%	+0.0061%	8h	$16.9M	$2.2M	125x	as long as short
Bitget PENDLEUSDT	−0.121%	+0.0100%	8h	$3.8M	$2.6M	75x	as long as short
Bybit PENDLEUSDT	−0.117%	+0.0100%	8h	$15.9M	$11.7M	50x	as long as short
Aster PENDLEUSDT	−0.102%	−0.0025%	8h	$51K	$133K	10x	as long as short
Aevo PENDLE-PERP	−0.095%	+0.0096%	1h	$27K	—	3x	as long as short
Orderly PERP_PENDLE_USDC	−0.090%	+0.0049%	8h	$20K	$4K	10x	as long as short
Lighter PENDLE	−0.086%	+0.0096%	1h	$559K	$356K	5x	as long as short
dYdX PENDLE-USD	−0.086%	0.0000%	1h	$11K	—	5x	as long as short
OKX PENDLE-USDT-SWAPshort	−0.086%	+0.0100%	4h	$3.3M	$5.2M	50x
Gate PENDLE_USDT	−0.086%	+0.0100%	8h	$820K	$1.1M	75x	as long as short
Deribit PENDLE_USDC-PERPETUAL	−0.078%	0.0000%	1h	$30K	$11K	10x	as long as short
GMX PENDLE/USD [PENDLE-USDC]	−0.067%	L +0.0200% / S −0.0272%	1h	$5K	—	100x	as long as short
KuCoin PENDLEUSDTM	−0.063%	+0.0100%	8h	$941K	$563K	50x	as long as short
SunX PENDLE-USDTlong	0.000%	+0.0100%	8h	$2K	$1.6M	20x
ApeX Omni PENDLEUSDT	+0.020%	+0.0100%	1h	$78K	$237K	50x	as long as short
Hyperliquid PENDLE	+0.023%	+0.0100%	1h	$12.3M	$5.3M	5x	as long as short
Backpack PENDLE_USDC_PERP	+0.074%	+0.0734%	1h	$374K	$458K	15x	as long as short
Kraken Futures PF_PENDLEUSD	+0.143%	+0.2118%	1h	$155K	$269K	20x	as long as short
Coinbase International PENDLE-PERP-INTX	+0.305%	+0.0592%	1h	$116K	$435K	25x	as long as short