After costs, if the gap returns to its 7d average, $10k−$57
spread now−0.188%7d average−0.027%fees + slippage, in and out−$41spread needed0.406%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PENDLEUSDC | 2.5872 | 0.0100 | pay 0.0050% / 4h | 3h 26m | $26K | $417K | 10x |
| Short | BingX PENDLE-USDT | 2.5823 | 0.0100 | get 0.0100% / 8h | 7h 26m | — | $34.3M | — |
BingX 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
- −$18.76
- Funding while held
- $0
- Slippage, 4 orders
- −$21.58
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$59.34
- Spread needed to break even
- 0.406%
Slippage from edgeX: live order book, 18 min ago; BingX: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 edgeX live order book, 18 min ago | 1.35 bp | 9.5 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 2.71 bp | 12.8 bp −$13 | 23.4 bp −$234 | 134.9 bp −$13.5K | 386.1 bp −$193.1K |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5600cheapestGate2.5810+0.820%Paradex2.5815+0.841%Extended2.5816+0.842%Bybit2.5817+0.848%Bitget2.5820+0.859%MEXC2.5822+0.867%
Injective
Gate
Paradex
Extended
Bybit
Bitget
MEXCBingX2.5823+0.871%
Polymarket Perps2.5828+0.891%Reya2.5830+0.898%Variational Omni2.5831+0.904%Lighter2.5834+0.914%Binance2.5835+0.918%KuCoin2.5842+0.945%Aster2.5844+0.952%BloFin2.5847+0.965%OKX2.5850+0.977%dYdX2.5850+0.978%Aevo2.5851+0.980%ApeX Omni2.5856+1.000%Orderly2.5861+1.020%Deribit2.5869+1.051%Hyperliquid2.5870+1.055%GMX2.5871+1.057%SunX2.5879+1.090%Backpack2.5901+1.176%Coinbase International2.5930+1.289%Kraken Futures2.5934+1.303%
Polymarket Perps
Reya
Variational Omni
Lighter
Binance
KuCoin
Aster
BloFin
OKX
dYdX
Aevo
ApeX Omni
Orderly
Deribit
Hyperliquid
GMX
SunX
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 | −1.050% | −0.1875% | 1h | $2K | $6K | 5.5x | as long as short |
| Gate PENDLE_USDT | −0.238% | +0.0100% | 8h | $821K | $1.1M | 75x | as long as short |
| Paradex PENDLE-USD-PERP | −0.217% | +0.0100% | 8h | $36K | $30K | 10x | as long as short |
| Extended PENDLE-USD | −0.216% | +0.0104% | 1h | $170K | $520K | 10x | as long as short |
| Bybit PENDLEUSDT | −0.211% | −0.0122% | 8h | $16.1M | $11.9M | 50x | as long as short |
| Bitget PENDLEUSDT | −0.199% | +0.0100% | 8h | $3.9M | $2.6M | 75x | as long as short |
| MEXC PENDLE_USDT | −0.191% | +0.0100% | 8h | $16.8M | $2.1M | 125x | as long as short |
| BingX PENDLE-USDTshort | −0.188% | +0.0100% | 8h | — | $34.3M | — | |
| Polymarket Perps PENDLE-USD | −0.168% | +0.0100% | 1h | $16K | $44K | 5x | as long as short |
| Reya PENDLERUSDPERP | −0.161% | +0.0012% | 1h | $4K | — | 15x | as long as short |