Spread before costs (cost unknown: a leg has no order-book sample)−0.083%
7d average−0.054%if it closes, per $10,000$8funding while held, a day−$8.04
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International PENDLE-PERP-INTX | 2.6410 | 0.0368 | pay 0.0046% / 1h | 43m 22s | $68K | $334K | 25x |
| Short | KuCoin PENDLEUSDTM | 2.6388 | 0.0100 | get 0.0100% / 8h | 1h 43m | $1.1M | $461K | 50x |
Coinbase International PENDLE-PERP-INTX
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
- −$8.33
- Funding while held
- −$8.04
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$38.37
- Spread needed to break even
- 0.220%
Slippage unknown: Coinbase International: live order book, 11 min ago; KuCoin: live order book, 8 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0268%
- Per $10,000 a day
- −$8.04
- 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 Coinbase International live order book, 11 min ago | 7.52 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 9.11 bp | 36.9 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.6040cheapestVariational Omni2.6288+0.953%Gate2.6340+1.152%edgeX2.6354+1.206%Extended2.6358+1.220%OKX2.6360+1.229%Bitget2.6362+1.237%Paradex2.6363+1.241%BingX2.6365+1.248%Aevo2.6365+1.248%dYdX2.6367+1.255%Polymarket Perps2.6369+1.263%Reya2.6370+1.266%Bybit2.6370+1.267%ApeX Omni2.6370+1.267%Aster2.6373+1.280%Binance2.6374+1.283%Orderly2.6375+1.286%MEXC2.6376+1.290%Lighter2.6379+1.302%BloFin2.6380+1.306%SunX2.6384+1.321%Deribit2.6384+1.321%GMX2.6387+1.334%
Injective
Variational Omni
Gate
Extended
OKX
Bitget
Paradex
BingX
Aevo
dYdX
Polymarket Perps
Reya
Bybit
ApeX Omni
Aster
Binance
Orderly
MEXC
Lighter
BloFin
SunX
Deribit
GMXKuCoin2.6388+1.336%
Coinbase International2.6410+1.421%
Backpack2.6412+1.429%Hyperliquid2.6417+1.448%Kraken Futures2.6450+1.575%
Backpack
Hyperliquid
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 | −1.401% | −0.3627% | 1h | $4K | $51K | 5.5x | as long as short |
| Variational Omni PENDLE | −0.462% | −0.0206% | 8h | $864K | $2.1M | — | as long as short |
| Gate PENDLE_USDT | −0.265% | −0.0016% | 8h | $832K | $1.0M | 75x | as long as short |
| edgeX PENDLEUSDC | −0.212% | +0.0100% | 4h | $26K | $417K | 10x | as long as short |
| Extended PENDLE-USD | −0.198% | +0.0104% | 1h | $174K | $520K | 10x | as long as short |
| OKX PENDLE-USDT-SWAP | −0.189% | +0.0100% | 4h | $3.3M | $4.7M | 50x | as long as short |
| Bitget PENDLEUSDT | −0.182% | +0.0100% | 8h | $4.0M | $2.6M | 75x | as long as short |
| Paradex PENDLE-USD-PERP | −0.178% | +0.0100% | 8h | $37K | $31K | 10x | as long as short |
| BingX PENDLE-USDT | −0.170% | +0.0100% | 8h | — | $34.1M | — | as long as short |
| Aevo PENDLE-PERP | −0.170% | +0.0104% | 1h | $28K | — | 3x | as long as short |