After costs, if the gap returns to its 7d average, $10k−$25
spread now+0.322%7d average+0.048%fees + slippage, in and out−$52spread needed0.522%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PENDLEUSDT | 2.6704 | −0.0061 | get 0.0061% / 8h | 2h 37m | $16.7M | $10.5M | 50x |
| Short | BloFin PENDLE-USDT | 2.6790 | 0.0092 | get 0.0092% / 8h | 2h 37m | $1.6M | $824K | 75x |
Bybit PENDLEUSDT
BloFin 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
- $32.2
- Funding while held
- $4.61
- Slippage, 4 orders
- −$29.16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$15.34
- Spread needed to break even
- 0.522%
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0154%
- Per $10,000 a day
- +$4.61
- 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 Bybit live order book, 3 min ago | 1.87 bp | 9.9 bp −$10 | 63.8 bp −$638 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 2.80 bp | 11.0 bp −$11 | 16.2 bp −$162 | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.6490cheapest
InjectiveBybit2.6704+0.808%
OKX2.6740+0.944%Paradex2.6748+0.973%BingX2.6748+0.974%Binance2.6761+1.025%Aster2.6765+1.039%Extended2.6767+1.046%Bitget2.6771+1.061%dYdX2.6781+1.099%Reya2.6785+1.114%MEXC2.6786+1.117%ApeX Omni2.6788+1.125%Gate2.6790+1.133%
OKX
Paradex
BingX
Binance
Aster
Extended
Bitget
dYdX
Reya
MEXC
ApeX Omni
GateBloFin2.6790+1.133%
edgeX2.6790+1.133%KuCoin2.6792+1.140%Lighter2.6794+1.148%Orderly2.6796+1.155%Deribit2.6800+1.170%SunX2.6803+1.182%Polymarket Perps2.6808+1.200%Coinbase International2.6810+1.208%GMX2.6811+1.211%Aevo2.6811+1.211%Backpack2.6827+1.272%Hyperliquid2.6837+1.310%Kraken Futures2.6844+1.336%Variational Omni2.6889+1.508%
KuCoin
Lighter
Orderly
Deribit
SunX
Polymarket Perps
Coinbase International
GMX
Aevo
Backpack
Hyperliquid
Kraken Futures
Variational OmniPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −0.801% | −0.0760% | 1h | $4K | $51K | 5.5x | as long as short |
| Bybit PENDLEUSDTlong | 0.000% | −0.0061% | 8h | $16.7M | $10.5M | 50x | |
| OKX PENDLE-USDT-SWAP | +0.135% | +0.0100% | 4h | $3.3M | $4.5M | 50x | as long as short |
| Paradex PENDLE-USD-PERP | +0.164% | +0.0100% | 8h | $37K | $32K | 10x | as long as short |
| BingX PENDLE-USDT | +0.165% | +0.0100% | 8h | — | $34.0M | — | as long as short |
| Binance PENDLEUSDT | +0.215% | +0.0100% | 8h | $29.9M | $29.5M | 75x | as long as short |
| Aster PENDLEUSDT | +0.229% | +0.0091% | 8h | $51K | $116K | 10x | as long as short |
| Extended PENDLE-USD | +0.237% | +0.0104% | 1h | $179K | $516K | 10x | as long as short |
| Bitget PENDLEUSDT | +0.251% | +0.0100% | 8h | $4.0M | $2.5M | 75x | as long as short |
| dYdX PENDLE-USD | +0.289% | 0.0000% | 1h | $11K | — | 5x | as long as short |