Spread before costs (cost unknown: a leg has no order-book sample)−0.003%
7d average+0.063%if it closes, per $10,000$0funding while held, a day+$11.03
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PENDLE | 2.6073 | −0.0268 | get 0.0268% / 8h | 18m 07s | $834K | $2.2M | — |
| Short | Binance PENDLEUSDT | 2.6072 | 0.0100 | get 0.0100% / 8h | 18m 07s | $29.0M | $32.8M | 75x |
Variational Omni PENDLE
Binance 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
- −$0.3
- Funding while held
- $11.03
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $0.73
- Spread needed to break even
- 0.100%
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Binance: live order book, 10 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0368%
- Per $10,000 a day
- +$11.03
- 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 Variational Omni RFQ quote, 2 min ago | 6.55 bp | doesn't fit | 77.8 bp −$778 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.76 bp | 8.6 bp −$9 | 26.3 bp −$263 | 168.0 bp −$16.8K | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5940cheapestExtended2.5995+0.212%Reya2.6015+0.290%Lighter2.6016+0.293%Orderly2.6018+0.301%Gate2.6020+0.308%Deribit2.6021+0.312%GMX2.6023+0.319%Bitget2.6029+0.343%Bybit2.6030+0.347%Polymarket Perps2.6031+0.351%KuCoin2.6032+0.355%Aevo2.6034+0.362%Aster2.6041+0.391%SunX2.6043+0.397%BingX2.6045+0.405%Hyperliquid2.6046+0.409%Paradex2.6052+0.431%MEXC2.6058+0.455%OKX2.6060+0.463%BloFin2.6064+0.478%
Injective
Extended
Reya
Lighter
Orderly
Gate
Deribit
GMX
Bitget
Bybit
Polymarket Perps
KuCoin
Aevo
Aster
SunX
BingX
Hyperliquid
Paradex
MEXC
OKX
BloFinBinance2.6072+0.509%
Variational Omni2.6073+0.512%
Kraken Futures2.6078+0.534%dYdX2.6082+0.547%Backpack2.6083+0.551%ApeX Omni2.6132+0.740%edgeX2.6141+0.776%Coinbase International2.6160+0.848%
Kraken Futures
dYdX
Backpack
ApeX Omni
Coinbase InternationalPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −0.509% | −0.1178% | 1h | $2K | $6K | 5.5x | as long as short |
| Extended PENDLE-USD | −0.298% | +0.0104% | 1h | $172K | $520K | 10x | as long as short |
| Reya PENDLERUSDPERP | −0.221% | +0.0007% | 1h | $4K | — | 15x | as long as short |
| Lighter PENDLE | −0.218% | +0.0096% | 1h | $566K | $359K | 5x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.210% | +0.0054% | 8h | $21K | $4K | 10x | as long as short |
| Gate PENDLE_USDT | −0.202% | −0.0010% | 8h | $808K | $1.1M | 75x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.199% | 0.0000% | 1h | $31K | $10K | 10x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | −0.192% | L +0.0200% / S −0.0269% | 1h | $5K | — | 100x | as long as short |
| Bitget PENDLEUSDT | −0.168% | +0.0100% | 8h | $3.9M | $2.6M | 75x | as long as short |
| Bybit PENDLEUSDT | −0.164% | −0.0242% | 8h | $16.2M | $11.5M | 50x | as long as short |