Spread before costs (cost unknown: a leg has no order-book sample)+0.039%
7d average—if it closes, per $10,000$4funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PENDLEUSDT | 2.5837 | 0.0100 | pay 0.0100% / 8h | 7h 32m | $3.9M | $2.6M | 75x |
| Short | Polymarket Perps PENDLE-USD | 2.5847 | 0.0100 | get 0.0013% / 1h | 32m 59s | $16K | $44K | 5x |
Bitget PENDLEUSDT
Polymarket Perps PENDLE-USDPrice 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
- $3.87
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$16.13
- Spread needed to break even
- 0.200%
Slippage unknown: Bitget: live order book, 1 min ago; Polymarket Perps: no order-book sample. Net counts fees only.
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, 1 min ago | 3.10 bp | 15.6 bp −$16 | 35.0 bp −$350 | doesn't fit | doesn't fit |
| Sell Polymarket Perps no order-book sample | — | — | — | — | — |
Polymarket Perps: 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.Injective2.5600cheapestGate2.5830+0.898%Paradex2.5831+0.901%BloFin2.5831+0.902%Bybit2.5832+0.906%MEXC2.5836+0.922%
Injective
Gate
Paradex
BloFin
Bybit
MEXCBitget2.5837+0.926%
Reya2.5841+0.940%edgeX2.5841+0.941%BingX2.5841+0.941%Extended2.5841+0.943%KuCoin2.5844+0.953%Variational Omni2.5844+0.953%
Reya
BingX
Extended
KuCoin
Variational OmniPolymarket Perps2.5847+0.965%
Binance2.5849+0.973%OKX2.5850+0.977%Orderly2.5851+0.980%Aevo2.5852+0.984%Lighter2.5852+0.984%GMX2.5855+0.995%Deribit2.5856+1.000%SunX2.5859+1.012%Aster2.5862+1.025%dYdX2.5869+1.053%Coinbase International2.5870+1.055%Hyperliquid2.5888+1.125%ApeX Omni2.5891+1.137%Backpack2.5895+1.152%Kraken Futures2.5935+1.309%
Binance
OKX
Orderly
Aevo
Lighter
GMX
Deribit
SunX
Aster
dYdX
Coinbase International
Hyperliquid
ApeX Omni
Backpack
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 | −0.917% | −0.1875% | 1h | $2K | $6K | 5.5x | as long as short |
| Gate PENDLE_USDT | −0.027% | +0.0100% | 8h | $817K | $1.1M | 75x | as long as short |
| Paradex PENDLE-USD-PERP | −0.025% | +0.0100% | 8h | $36K | $30K | 10x | as long as short |
| BloFin PENDLE-USDT | −0.023% | +0.0072% | 8h | $1.4M | $857K | 75x | as long as short |
| Bybit PENDLEUSDT | −0.019% | −0.0087% | 8h | $16.1M | $11.9M | 50x | as long as short |
| MEXC PENDLE_USDT | −0.004% | +0.0100% | 8h | $16.8M | $2.1M | 125x | as long as short |
| Bitget PENDLEUSDTlong | 0.000% | +0.0100% | 8h | $3.9M | $2.6M | 75x | |
| Reya PENDLERUSDPERP | +0.014% | +0.0011% | 1h | $4K | — | 15x | as long as short |
| edgeX PENDLEUSDC | +0.015% | +0.0100% | 4h | $26K | $417K | 10x | as long as short |
| BingX PENDLE-USDT | +0.015% | +0.0100% | 8h | — | $34.3M | — | as long as short |