After costs, if the gap returns to its 7d average, $10k−$97
spread now+0.031%7d average+0.053%fees + slippage, in and out−$94spread needed0.944%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PENDLEUSDT | 2.5545 | 0.0100 | pay 0.0100% / 8h | 5h 35m | $3.9M | $2.6M | 75x |
| Short | KuCoin PENDLEUSDTM | 2.5553 | 0.0100 | get 0.0100% / 8h | 5h 35m | $936K | $604K | 50x |
Bitget PENDLEUSDT
KuCoin PENDLEUSDTMPrice 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
- $3.13
- Funding while held
- $0
- Slippage, 4 orders
- −$70.4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$91.27
- Spread needed to break even
- 0.944%
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 65 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Bitget live order book, 4 min ago | 1.96 bp | 16.4 bp −$16 | 31.3 bp −$313 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 65 min ago | 6.89 bp | 32.9 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5280cheapestBybit2.5504+0.886%OKX2.5510+0.910%Extended2.5513+0.920%Binance2.5515+0.932%Aevo2.5516+0.932%Paradex2.5516+0.935%MEXC2.5525+0.969%SunX2.5526+0.973%Lighter2.5528+0.981%Orderly2.5528+0.981%BloFin2.5528+0.981%BingX2.5531+0.993%Kraken Futures2.5534+1.004%Deribit2.5534+1.005%Reya2.5536+1.013%GMX2.5541+1.033%
Injective
Bybit
OKX
Extended
Binance
Aevo
Paradex
MEXC
SunX
Lighter
Orderly
BloFin
BingX
Kraken Futures
Deribit
Reya
GMXBitget2.5545+1.048%
Variational Omni2.5546+1.052%Aster2.5547+1.058%Gate2.5550+1.068%
Variational Omni
Aster
GateKuCoin2.5553+1.080%
Polymarket Perps2.5556+1.092%dYdX2.5564+1.123%Hyperliquid2.5578+1.179%edgeX2.5578+1.180%ApeX Omni2.5581+1.191%Backpack2.5605+1.286%Coinbase International2.5720+1.741%
Polymarket Perps
dYdX
Hyperliquid
ApeX Omni
Backpack
Coinbase InternationalPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −1.037% | −0.4421% | 1h | $2K | $7K | 5.5x | as long as short |
| Bybit PENDLEUSDT | −0.161% | +0.0100% | 8h | $15.9M | $11.9M | 50x | as long as short |
| OKX PENDLE-USDT-SWAP | −0.137% | +0.0100% | 4h | $3.3M | $5.3M | 50x | as long as short |
| Extended PENDLE-USD | −0.127% | +0.0064% | 1h | $168K | $519K | 10x | as long as short |
| Binance PENDLEUSDT | −0.115% | +0.0062% | 8h | $28.0M | $36.0M | 75x | as long as short |
| Aevo PENDLE-PERP | −0.115% | +0.0096% | 1h | $27K | — | 3x | as long as short |
| Paradex PENDLE-USD-PERP | −0.112% | +0.0100% | 8h | $36K | $28K | 10x | as long as short |
| MEXC PENDLE_USDT | −0.078% | +0.0063% | 8h | $17.1M | $2.1M | 125x | as long as short |
| SunX PENDLE-USDT | −0.074% | +0.0100% | 8h | $2K | $1.6M | 20x | as long as short |
| Lighter PENDLE | −0.067% | +0.0096% | 1h | $558K | $358K | 5x | as long as short |