Spread before costs (cost unknown: a leg has no order-book sample)−0.109%
7d average+0.069%if it closes, per $10,000$11funding while held, a day+$9.96
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PENDLEUSDC | 2.5598 | 0.0100 | pay 0.0050% / 4h | 3h 06m | $25K | $416K | 10x |
| Short | Coinbase International PENDLE-PERP-INTX | 2.5570 | 0.0432 | get 0.0054% / 1h | 6m 36s | $114K | $434K | 25x |
Coinbase International PENDLE-PERP-INTXPrice 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
- −$10.9
- Funding while held
- $9.96
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$19.94
- Spread needed to break even
- 0.190%
Slippage unknown: edgeX: live order book, 38 min ago; Coinbase International: live order book, 38 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0332%
- Per $10,000 a day
- +$9.96
- 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, 38 min ago | 1.35 bp | 9.5 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 38 min ago | 17.27 bp | 167.6 bp −$168 | doesn't fit | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5320cheapestBloFin2.5525+0.810%Aevo2.5532+0.835%Orderly2.5545+0.889%Deribit2.5546+0.893%Aster2.5550+0.908%GMX2.5560+0.950%KuCoin2.5563+0.960%dYdX2.5565+0.968%SunX2.5569+0.983%Gate2.5570+0.987%
Injective
BloFin
Aevo
Orderly
Deribit
Aster
GMX
KuCoin
dYdX
SunX
GateCoinbase International2.5570+0.987%
BingX2.5587+1.055%Bybit2.5588+1.058%Lighter2.5591+1.070%Extended2.5593+1.079%Backpack2.5594+1.082%Paradex2.5596+1.089%Bitget2.5596+1.090%MEXC2.5601+1.110%Binance2.5605+1.126%Reya2.5608+1.137%Polymarket Perps2.5608+1.137%OKX2.5610+1.145%Kraken Futures2.5611+1.148%ApeX Omni2.5613+1.157%Variational Omni2.5627+1.214%Hyperliquid2.5653+1.315%
BingX
Bybit
Lighter
Extended
Backpack
Paradex
Bitget
MEXC
Binance
Reya
Polymarket Perps
OKX
Kraken Futures
ApeX Omni
Variational Omni
HyperliquidPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −1.086% | −0.1875% | 1h | $2K | $6K | 5.5x | as long as short |
| BloFin PENDLE-USDT | −0.285% | +0.0103% | 8h | $1.4M | $851K | 75x | as long as short |
| Aevo PENDLE-PERP | −0.259% | +0.0104% | 1h | $27K | — | 3x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.207% | +0.0052% | 8h | $20K | $4K | 10x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.203% | 0.0000% | 1h | $30K | $11K | 10x | as long as short |
| Aster PENDLEUSDT | −0.187% | −0.0012% | 8h | $50K | $134K | 10x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | −0.146% | L +0.0200% / S −0.0272% | 1h | $5K | — | 100x | as long as short |
| KuCoin PENDLEUSDTM | −0.136% | +0.0100% | 8h | $930K | $560K | 50x | as long as short |
| dYdX PENDLE-USD | −0.128% | 0.0000% | 1h | $11K | — | 5x | as long as short |
| SunX PENDLE-USDT | −0.113% | +0.0100% | 8h | $2K | $1.5M | 20x | as long as short |