Spread before costs (cost unknown: a leg has no order-book sample)−0.653%
7d average—if it closes, per $10,000$65funding while held, a day−$121.24
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PENDLE | 2.5496 | −0.0235 | get 0.0235% / 8h | 6h 39m | $663K | $2.2M | — |
| Short | Injective PENDLE/USDC PERP | 2.5330 | −0.4277 | pay 0.0535% / 1h | 39m 54s | $2K | $7K | 5.5x |
Variational Omni PENDLE
Injective 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
- −$65.27
- Funding while held
- −$121.24
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$186.53
- Spread needed to break even
- 0.000%
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.4041%
- Per $10,000 a day
- −$121.24
- 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, 1 min ago | 4.70 bp | doesn't fit | 61.6 bp −$616 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.Injective2.5330cheapest
Reya2.5370+0.157%Gate2.5380+0.197%Bitget2.5386+0.221%BingX2.5386+0.221%Extended2.5389+0.231%Aster2.5389+0.233%Lighter2.5391+0.241%MEXC2.5395+0.257%Bybit2.5397+0.265%KuCoin2.5398+0.268%Aevo2.5399+0.271%OKX2.5400+0.276%Binance2.5403+0.288%Orderly2.5403+0.288%Deribit2.5406+0.300%SunX2.5420+0.355%GMX2.5421+0.360%Hyperliquid2.5423+0.367%Kraken Futures2.5432+0.401%Backpack2.5435+0.415%BloFin2.5447+0.462%Polymarket Perps2.5449+0.470%Coinbase International2.5450+0.474%Paradex2.5455+0.493%dYdX2.5486+0.615%
Reya
Gate
Bitget
BingX
Extended
Aster
Lighter
MEXC
Bybit
KuCoin
Aevo
OKX
Binance
Orderly
Deribit
SunX
GMX
Hyperliquid
Kraken Futures
Backpack
BloFin
Polymarket Perps
Coinbase International
Paradex
dYdXVariational Omni2.5496+0.657%
edgeX2.5529+0.784%ApeX Omni2.5542+0.837%
ApeX OmniPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERPshort | −0.653% | −0.4277% | 1h | $2K | $7K | 5.5x | |
| Reya PENDLERUSDPERP | −0.496% | +0.0015% | 1h | $4K | — | 15x | as long as short |
| Gate PENDLE_USDT | −0.457% | +0.0050% | 8h | $816K | $1.1M | 75x | as long as short |
| Bitget PENDLEUSDT | −0.433% | +0.0100% | 8h | $3.8M | $2.6M | 75x | as long as short |
| BingX PENDLE-USDT | −0.433% | +0.0100% | 8h | — | $34.3M | — | as long as short |
| Extended PENDLE-USD | −0.423% | +0.0056% | 1h | $167K | $520K | 10x | as long as short |
| Aster PENDLEUSDT | −0.421% | −0.0032% | 8h | $51K | $133K | 10x | as long as short |
| Lighter PENDLE | −0.413% | +0.0096% | 1h | $555K | $356K | 5x | as long as short |
| MEXC PENDLE_USDT | −0.398% | +0.0059% | 8h | $16.8M | $2.2M | 125x | as long as short |
| Bybit PENDLEUSDT | −0.390% | +0.0063% | 8h | $15.8M | $11.8M | 50x | as long as short |