After costs, if the gap returns to its 7d average, $10k−$56
spread now+0.050%7d average−0.038%fees + slippage, in and out−$65spread needed0.652%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PENDLE-USDT | 2.5847 | 0.0089 | pay 0.0089% / 8h | 7h 27m | $1.4M | $856K | 75x |
| Short | Gate PENDLE_USDT | 2.5860 | 0.0100 | get 0.0100% / 8h | 7h 27m | $818K | $1.1M | 75x |
BloFin PENDLE-USDT
Gate 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
- $5.03
- Funding while held
- $0.32
- Slippage, 4 orders
- −$38.23
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$59.87
- Spread needed to break even
- 0.652%
Slippage from BloFin: live order book, 2 min ago; Gate: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0011%
- Per $10,000 a day
- +$0.32
- 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 BloFin live order book, 2 min ago | 1.16 bp | 12.7 bp −$13 | 24.7 bp −$247 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 1.94 bp | 18.2 bp −$18 | 125.9 bp −$1,259 | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5600cheapestBybit2.5781+0.707%Binance2.5811+0.826%OKX2.5820+0.859%Variational Omni2.5831+0.904%BingX2.5843+0.949%Bitget2.5844+0.953%
Injective
Bybit
Binance
OKX
Variational Omni
BingX
BitgetBloFin2.5847+0.965%
Aevo2.5851+0.980%Extended2.5853+0.987%Paradex2.5855+0.998%ApeX Omni2.5856+1.000%MEXC2.5859+1.012%
Aevo
Extended
Paradex
ApeX Omni
MEXCGate2.5860+1.016%
Orderly2.5861+1.020%Reya2.5863+1.026%KuCoin2.5866+1.039%Deribit2.5869+1.051%GMX2.5871+1.057%edgeX2.5872+1.061%Lighter2.5874+1.070%Polymarket Perps2.5877+1.082%SunX2.5879+1.090%Aster2.5880+1.092%dYdX2.5886+1.117%Hyperliquid2.5896+1.156%Backpack2.5901+1.176%Coinbase International2.5930+1.289%Kraken Futures2.5934+1.303%
Orderly
Reya
KuCoin
Deribit
GMX
Lighter
Polymarket Perps
SunX
Aster
dYdX
Hyperliquid
Backpack
Coinbase International
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 | −0.956% | −0.1875% | 1h | $2K | $6K | 5.5x | as long as short |
| Bybit PENDLEUSDT | −0.255% | −0.0134% | 8h | $16.1M | $11.9M | 50x | as long as short |
| Binance PENDLEUSDT | −0.138% | +0.0100% | 8h | $28.7M | $33.8M | 75x | as long as short |
| OKX PENDLE-USDT-SWAP | −0.104% | +0.0100% | 4h | $3.2M | $5.0M | 50x | as long as short |
| Variational Omni PENDLE | −0.060% | −0.0270% | 8h | $670K | $2.3M | — | as long as short |
| BingX PENDLE-USDT | −0.015% | +0.0100% | 8h | — | $34.3M | — | as long as short |
| Bitget PENDLEUSDT | −0.012% | +0.0100% | 8h | $3.9M | $2.6M | 75x | as long as short |
| BloFin PENDLE-USDTlong | 0.000% | +0.0089% | 8h | $1.4M | $856K | 75x | |
| Aevo PENDLE-PERP | +0.015% | +0.0104% | 1h | $27K | — | 3x | as long as short |
| Extended PENDLE-USD | +0.022% | +0.0104% | 1h | $171K | $520K | 10x | as long as short |