After costs, if the gap returns to its 7d average, $10k−$448
spread now−0.111%7d average−0.026%fees + slippage, in and out−$440spread needed4.396%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PENDLEUSDT | 2.5869 | 0.0013 | pay 0.0013% / 8h | 7h 27m | $51K | $128K | 10x |
| Short | MEXC PENDLE_USDT | 2.5840 | 0.0100 | get 0.0100% / 8h | 7h 27m | $16.8M | $2.1M | 125x |
Aster PENDLEUSDT
MEXC PENDLE_USDTPrice 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
- −$11.12
- Funding while held
- $2.61
- Slippage, 4 orders
- −$427.58
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$448.09
- Spread needed to break even
- 4.396%
Slippage from Aster: live order book, 31 min ago; MEXC: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0087%
- Per $10,000 a day
- +$2.61
- 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 Aster live order book, 31 min ago | 4.25 bp | 278.5 bp −$278 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.55 bp | 7.0 bp −$7 | 32.2 bp −$322 | 97.7 bp −$9,770 | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5600cheapestBybit2.5820+0.859%Bitget2.5821+0.863%Variational Omni2.5831+0.904%Extended2.5833+0.909%OKX2.5840+0.937%
Injective
Bybit
Bitget
Variational Omni
Extended
OKXMEXC2.5840+0.937%
Binance2.5844+0.954%BingX2.5845+0.957%Paradex2.5847+0.963%Gate2.5850+0.977%Aevo2.5851+0.981%Lighter2.5858+1.008%Orderly2.5859+1.012%Deribit2.5859+1.012%Polymarket Perps2.5865+1.035%BloFin2.5866+1.039%ApeX Omni2.5867+1.043%
Binance
BingX
Paradex
Gate
Aevo
Lighter
Orderly
Deribit
Polymarket Perps
BloFin
ApeX OmniAster2.5869+1.050%
Reya2.5869+1.051%edgeX2.5872+1.061%SunX2.5872+1.063%KuCoin2.5874+1.070%GMX2.5881+1.098%Hyperliquid2.5884+1.109%dYdX2.5886+1.117%Backpack2.5895+1.152%Coinbase International2.5910+1.211%Kraken Futures2.5930+1.291%
Reya
SunX
KuCoin
GMX
Hyperliquid
dYdX
Backpack
Coinbase International
Kraken FuturesPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −1.039% | −0.1875% | 1h | $2K | $6K | 5.5x | as long as short |
| Bybit PENDLEUSDT | −0.188% | −0.0111% | 8h | $16.1M | $11.9M | 50x | as long as short |
| Bitget PENDLEUSDT | −0.185% | +0.0100% | 8h | $3.9M | $2.6M | 75x | as long as short |
| Variational Omni PENDLE | −0.144% | −0.0270% | 8h | $670K | $2.3M | — | as long as short |
| Extended PENDLE-USD | −0.139% | +0.0104% | 1h | $171K | $520K | 10x | as long as short |
| OKX PENDLE-USDT-SWAP | −0.111% | +0.0100% | 4h | $3.2M | $5.0M | 50x | as long as short |
| MEXC PENDLE_USDTshort | −0.111% | +0.0100% | 8h | $16.8M | $2.1M | 125x | |
| Binance PENDLEUSDT | −0.095% | +0.0100% | 8h | $28.7M | $33.8M | 75x | as long as short |
| BingX PENDLE-USDT | −0.092% | +0.0100% | 8h | — | $34.3M | — | as long as short |
| Paradex PENDLE-USD-PERP | −0.086% | +0.0100% | 8h | $36K | $30K | 10x | as long as short |