After costs, if the gap returns to its 7d average, $10k−$77
spread now−0.330%7d average+0.031%fees + slippage, in and out−$41spread needed0.411%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PENDLE-USDT | 2.6362 | 0.0100 | pay 0.0100% / 8h | 1h 50m | — | $34.1M | — |
| Short | BloFin PENDLE-USDT | 2.6275 | 0.0091 | get 0.0091% / 8h | 1h 50m | $1.5M | $831K | 75x |
BingX PENDLE-USDT
BloFin 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
- −$33
- Funding while held
- −$0.26
- Slippage, 4 orders
- −$19.15
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$74.41
- Spread needed to break even
- 0.411%
Slippage from BingX: live order book, 10 min ago; BloFin: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0009%
- Per $10,000 a day
- −$0.26
- 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 BingX live order book, 10 min ago | 0.19 bp | 11.4 bp −$11 | 27.4 bp −$274 | 284.6 bp −$28.5K | 485.5 bp −$242.8K |
| Sell BloFin live order book, 4 min ago | 0.94 bp | 7.5 bp −$8 | 21.5 bp −$215 | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.6160cheapest
InjectiveBloFin2.6275+0.440%
OKX2.6320+0.612%Gate2.6330+0.650%Extended2.6338+0.679%Bybit2.6340+0.688%Bitget2.6349+0.722%Orderly2.6350+0.726%Deribit2.6351+0.730%Aevo2.6355+0.745%MEXC2.6359+0.761%Binance2.6360+0.765%Aster2.6361+0.768%
OKX
Gate
Extended
Bybit
Bitget
Orderly
Deribit
Aevo
MEXC
Binance
AsterBingX2.6362+0.772%
KuCoin2.6365+0.784%Reya2.6366+0.786%SunX2.6367+0.791%GMX2.6368+0.794%Paradex2.6373+0.815%Lighter2.6375+0.822%Polymarket Perps2.6376+0.826%dYdX2.6388+0.872%Hyperliquid2.6396+0.902%Coinbase International2.6400+0.917%ApeX Omni2.6407+0.944%Backpack2.6409+0.952%edgeX2.6420+0.993%Kraken Futures2.6427+1.019%Variational Omni2.6433+1.045%
KuCoin
Reya
SunX
GMX
Paradex
Lighter
Polymarket Perps
dYdX
Hyperliquid
Coinbase International
ApeX Omni
Backpack
Kraken Futures
Variational OmniPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −0.766% | −0.3627% | 1h | $4K | $51K | 5.5x | as long as short |
| BloFin PENDLE-USDTshort | −0.330% | +0.0091% | 8h | $1.5M | $831K | 75x | |
| OKX PENDLE-USDT-SWAP | −0.159% | +0.0100% | 4h | $3.3M | $4.7M | 50x | as long as short |
| Gate PENDLE_USDT | −0.121% | −0.0022% | 8h | $830K | $1.0M | 75x | as long as short |
| Extended PENDLE-USD | −0.092% | +0.0104% | 1h | $174K | $520K | 10x | as long as short |
| Bybit PENDLEUSDT | −0.083% | −0.0185% | 8h | $16.5M | $11.1M | 50x | as long as short |
| Bitget PENDLEUSDT | −0.049% | +0.0100% | 8h | $4.0M | $2.5M | 75x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.046% | +0.0046% | 8h | $21K | $4K | 10x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.042% | −0.0546% | 1h | $31K | $10K | 10x | as long as short |
| Aevo PENDLE-PERP | −0.027% | +0.0104% | 1h | $28K | — | 3x | as long as short |