Spread before costs (cost unknown: a leg has no order-book sample)−0.203%
7d average—if it closes, per $10,000$20funding while held, a day−$58.98
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PENDLE-USDT | 2.5652 | 0.0091 | pay 0.0091% / 8h | 7h 20m | $1.4M | $850K | 75x |
| Short | Injective PENDLE/USDC PERP | 2.5600 | −0.1875 | pay 0.0234% / 1h | 20m 17s | $2K | $6K | 5.5x |
BloFin 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
- −$20.27
- Funding while held
- −$58.98
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$91.27
- Spread needed to break even
- 0.120%
Slippage unknown: BloFin: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1966%
- Per $10,000 a day
- −$58.98
- 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, 4 min ago | 0.19 bp | 11.1 bp −$11 | 22.7 bp −$227 | doesn't fit | doesn't fit |
| 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.Bybit2.5551cheapestGate2.5560+0.035%Bitget2.5564+0.051%BingX2.5571+0.078%Extended2.5576+0.098%MEXC2.5577+0.102%KuCoin2.5578+0.106%OKX2.5580+0.113%Reya2.5581+0.117%Aevo2.5581+0.119%Binance2.5582+0.121%Orderly2.5586+0.137%Deribit2.5599+0.188%
Bybit
Gate
Bitget
BingX
Extended
MEXC
KuCoin
OKX
Reya
Aevo
Binance
Orderly
DeribitInjective2.5600+0.192%
GMX2.5604+0.206%SunX2.5606+0.215%Paradex2.5612+0.239%Aster2.5612+0.241%Polymarket Perps2.5616+0.254%Coinbase International2.5620+0.270%Hyperliquid2.5625+0.290%Kraken Futures2.5641+0.351%Lighter2.5644+0.364%
GMX
SunX
Paradex
Aster
Polymarket Perps
Coinbase International
Hyperliquid
Kraken Futures
LighterBloFin2.5652+0.395%
dYdX2.5666+0.449%Variational Omni2.5666+0.450%Backpack2.5698+0.575%edgeX2.5777+0.883%ApeX Omni2.5793+0.947%
dYdX
Variational Omni
Backpack
ApeX OmniPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PENDLEUSDT | −0.394% | −0.0169% | 8h | $16.0M | $11.9M | 50x | as long as short |
| Gate PENDLE_USDT | −0.359% | +0.0100% | 8h | $813K | $1.1M | 75x | as long as short |
| Bitget PENDLEUSDT | −0.343% | +0.0100% | 8h | $3.8M | $2.6M | 75x | as long as short |
| BingX PENDLE-USDT | −0.316% | +0.0100% | 8h | — | $34.3M | — | as long as short |
| Extended PENDLE-USD | −0.296% | +0.0096% | 1h | $169K | $520K | 10x | as long as short |
| MEXC PENDLE_USDT | −0.292% | +0.0097% | 8h | $16.7M | $2.1M | 125x | as long as short |
| KuCoin PENDLEUSDTM | −0.288% | +0.0100% | 8h | $954K | $543K | 50x | as long as short |
| OKX PENDLE-USDT-SWAP | −0.281% | +0.0100% | 4h | $3.3M | $5.1M | 50x | as long as short |
| Reya PENDLERUSDPERP | −0.278% | +0.0012% | 1h | $4K | — | 15x | as long as short |
| Aevo PENDLE-PERP | −0.276% | +0.0104% | 1h | $27K | — | 3x | as long as short |