After costs, if the gap returns to its 7d average, $10k−$78
spread now−0.293%7d average−0.050%fees + slippage, in and out−$54spread needed0.539%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International PENDLE-PERP-INTX | 2.5580 | 0.0624 | pay 0.0078% / 1h | 30m 45s | $116K | $458K | 25x |
| Short | MEXC PENDLE_USDT | 2.5505 | 0.0061 | get 0.0061% / 8h | 5h 30m | $17.1M | $2.1M | 125x |
Coinbase International PENDLE-PERP-INTX
MEXC 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
- −$29.32
- Funding while held
- −$16.89
- Slippage, 4 orders
- −$39.92
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$100.13
- Spread needed to break even
- 0.539%
Slippage from Coinbase International: live order book, 4 min ago; MEXC: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0563%
- Per $10,000 a day
- −$16.89
- 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, 4 min ago | 9.78 bp | 18.6 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.39 bp | 5.9 bp −$6 | 30.7 bp −$307 | 98.1 bp −$9,805 | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5280cheapestApeX Omni2.5497+0.858%Extended2.5499+0.868%Bybit2.5500+0.870%Paradex2.5500+0.871%BloFin2.5501+0.874%Binance2.5504+0.886%BingX2.5504+0.886%
Injective
ApeX Omni
Extended
Bybit
Paradex
BloFin
Binance
BingXMEXC2.5505+0.890%
Aevo2.5507+0.896%Orderly2.5507+0.898%SunX2.5507+0.898%Bitget2.5508+0.902%Reya2.5509+0.907%edgeX2.5511+0.914%Kraken Futures2.5518+0.942%Lighter2.5520+0.949%OKX2.5520+0.949%Gate2.5520+0.949%GMX2.5520+0.949%Aster2.5521+0.953%KuCoin2.5521+0.953%Deribit2.5522+0.957%dYdX2.5534+1.006%Polymarket Perps2.5538+1.021%Variational Omni2.5546+1.052%Hyperliquid2.5551+1.072%Backpack2.5565+1.127%
Aevo
Orderly
SunX
Bitget
Reya
Kraken Futures
Lighter
OKX
Gate
GMX
Aster
KuCoin
Deribit
dYdX
Polymarket Perps
Variational Omni
Hyperliquid
BackpackCoinbase International2.5580+1.187%
PENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −1.173% | −0.4421% | 1h | $2K | $7K | 5.5x | as long as short |
| ApeX Omni PENDLEUSDT | −0.324% | +0.0100% | 1h | $78K | $238K | 50x | as long as short |
| Extended PENDLE-USD | −0.315% | +0.0064% | 1h | $168K | $519K | 10x | as long as short |
| Bybit PENDLEUSDT | −0.313% | +0.0100% | 8h | $15.9M | $11.9M | 50x | as long as short |
| Paradex PENDLE-USD-PERP | −0.312% | +0.0100% | 8h | $36K | $28K | 10x | as long as short |
| BloFin PENDLE-USDT | −0.309% | +0.0083% | 8h | $1.4M | $821K | 75x | as long as short |
| Binance PENDLEUSDT | −0.298% | +0.0062% | 8h | $28.0M | $36.0M | 75x | as long as short |
| BingX PENDLE-USDT | −0.297% | +0.0100% | 8h | — | $34.3M | — | as long as short |
| MEXC PENDLE_USDTshort | −0.293% | +0.0061% | 8h | $17.1M | $2.1M | 125x | |
| Aevo PENDLE-PERP | −0.287% | +0.0096% | 1h | $27K | — | 3x | as long as short |