Spread before costs (cost unknown: a leg has no order-book sample)−0.226%
7d average—if it closes, per $10,000$23funding while held, a day−$111.80
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PENDLE-USDT | 2.6560 | 0.0100 | pay 0.0100% / 8h | 1h 05m | — | $34.1M | — |
| Short | Injective PENDLE/USDC PERP | 2.6500 | −0.3627 | pay 0.0453% / 1h | 5m 32s | $3K | $52K | 5.5x |
BingX PENDLE-USDT
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
- −$22.59
- Funding while held
- −$111.8
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$144.41
- Spread needed to break even
- 0.100%
Slippage unknown: BingX: live order book, 10 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.3727%
- Per $10,000 a day
- −$111.80
- 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 | 3.23 bp | 11.2 bp −$11 | 25.1 bp −$251 | 246.0 bp −$24.6K | 454.2 bp −$227.1K |
| 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.ApeX Omni2.6445cheapest
ApeX OmniInjective2.6500+0.208%
edgeX2.6505+0.227%Bybit2.6520+0.284%Paradex2.6540+0.360%Extended2.6545+0.379%Bitget2.6548+0.389%OKX2.6550+0.397%Gate2.6550+0.397%MEXC2.6550+0.397%Binance2.6556+0.420%
Bybit
Paradex
Extended
Bitget
OKX
Gate
MEXC
BinanceBingX2.6560+0.435%
Lighter2.6561+0.439%Aster2.6562+0.444%KuCoin2.6569+0.469%Variational Omni2.6570+0.473%BloFin2.6573+0.484%Polymarket Perps2.6583+0.522%Aevo2.6583+0.523%Orderly2.6585+0.529%Reya2.6591+0.551%Hyperliquid2.6591+0.552%Deribit2.6595+0.567%GMX2.6599+0.581%Backpack2.6606+0.609%dYdX2.6610+0.625%SunX2.6613+0.635%Coinbase International2.6630+0.700%Kraken Futures2.6654+0.791%
Lighter
Aster
KuCoin
Variational Omni
BloFin
Polymarket Perps
Aevo
Orderly
Reya
Hyperliquid
Deribit
GMX
Backpack
dYdX
SunX
Coinbase International
Kraken FuturesPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni PENDLEUSDT | −0.433% | +0.0002% | 1h | $80K | $234K | 50x | as long as short |
| Injective PENDLE/USDC PERPshort | −0.226% | −0.3627% | 1h | $3K | $52K | 5.5x | |
| edgeX PENDLEUSDC | −0.207% | +0.0100% | 4h | $26K | $415K | 10x | as long as short |
| Bybit PENDLEUSDT | −0.151% | −0.0197% | 8h | $16.5M | $11.3M | 50x | as long as short |
| Paradex PENDLE-USD-PERP | −0.074% | +0.0100% | 8h | $37K | $31K | 10x | as long as short |
| Extended PENDLE-USD | −0.056% | +0.0104% | 1h | $175K | $520K | 10x | as long as short |
| Bitget PENDLEUSDT | −0.045% | +0.0100% | 8h | $4.0M | $2.6M | 75x | as long as short |
| OKX PENDLE-USDT-SWAP | −0.038% | +0.0100% | 4h | $3.3M | $4.8M | 50x | as long as short |
| Gate PENDLE_USDT | −0.038% | −0.0029% | 8h | $830K | $1.0M | 75x | as long as short |
| MEXC PENDLE_USDT | −0.038% | +0.0100% | 8h | $17.1M | $2.1M | 125x | as long as short |