Spread before costs (cost unknown: a leg has no order-book sample)+0.271%
7d average+0.042%if it closes, per $10,000$27funding while held, a day+$9.96
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PENDLEUSDT | 2.5840 | 0.0100 | pay 0.0100% / 8h | 7h 27m | $28.7M | $33.8M | 75x |
| Short | Coinbase International PENDLE-PERP-INTX | 2.5910 | 0.0432 | get 0.0054% / 1h | 27m 43s | $115K | $432K | 25x |
Binance PENDLEUSDT
Coinbase International PENDLE-PERP-INTXPrice 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
- $27.09
- Funding while held
- $9.96
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $17.05
- Spread needed to break even
- 0.200%
Slippage unknown: Binance: live order book, 15 min ago; Coinbase International: live order book, 17 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0332%
- Per $10,000 a day
- +$9.96
- 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 Binance live order book, 15 min ago | 0.19 bp | 11.1 bp −$11 | 29.9 bp −$299 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 17 min ago | 17.27 bp | 167.6 bp −$168 | doesn't fit | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5600cheapestBybit2.5830+0.898%Variational Omni2.5831+0.904%MEXC2.5837+0.926%
Injective
Bybit
Variational Omni
MEXCBinance2.5840+0.937%
OKX2.5840+0.937%Gate2.5850+0.977%Bitget2.5850+0.977%Aevo2.5851+0.981%Lighter2.5853+0.988%Extended2.5855+0.996%KuCoin2.5855+0.996%BingX2.5855+0.996%Paradex2.5855+0.998%Orderly2.5859+1.012%Deribit2.5859+1.012%Polymarket Perps2.5865+1.035%BloFin2.5866+1.039%ApeX Omni2.5867+1.043%Reya2.5869+1.051%Aster2.5869+1.051%edgeX2.5872+1.061%SunX2.5872+1.063%GMX2.5881+1.098%Hyperliquid2.5884+1.109%dYdX2.5886+1.117%Backpack2.5895+1.152%
OKX
Gate
Bitget
Aevo
Lighter
Extended
KuCoin
BingX
Paradex
Orderly
Deribit
Polymarket Perps
BloFin
ApeX Omni
Reya
Aster
SunX
GMX
Hyperliquid
dYdX
BackpackCoinbase International2.5910+1.211%
Kraken Futures2.5930+1.291%
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 | −0.929% | −0.1875% | 1h | $2K | $6K | 5.5x | as long as short |
| Bybit PENDLEUSDT | −0.039% | −0.0134% | 8h | $16.1M | $11.9M | 50x | as long as short |
| Variational Omni PENDLE | −0.033% | −0.0270% | 8h | $670K | $2.3M | — | as long as short |
| MEXC PENDLE_USDT | −0.012% | +0.0100% | 8h | $16.8M | $2.1M | 125x | as long as short |
| Binance PENDLEUSDTlong | 0.000% | +0.0100% | 8h | $28.7M | $33.8M | 75x | |
| OKX PENDLE-USDT-SWAP | 0.000% | +0.0100% | 4h | $3.2M | $5.0M | 50x | as long as short |
| Gate PENDLE_USDT | +0.039% | +0.0100% | 8h | $817K | $1.1M | 75x | as long as short |
| Bitget PENDLEUSDT | +0.039% | +0.0100% | 8h | $3.9M | $2.6M | 75x | as long as short |
| Aevo PENDLE-PERP | +0.043% | +0.0104% | 1h | $27K | — | 3x | as long as short |
| Lighter PENDLE | +0.050% | +0.0096% | 1h | $564K | $352K | 5x | as long as short |