After costs, if the gap returns to its 7d average, $10k−$56
spread now+0.113%7d average−0.032%fees + slippage, in and out−$71spread needed0.705%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PENDLEUSDC | 2.5841 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $26K | $417K | 10x |
| Short | Gate PENDLE_USDT | 2.5870 | 0.0100 | get 0.0100% / 8h | 7h 31m | $818K | $1.1M | 75x |
Gate 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
- $11.3
- Funding while held
- $0
- Slippage, 4 orders
- −$46.52
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$59.22
- Spread needed to break even
- 0.705%
Slippage from edgeX: live order book, 14 min ago; Gate: live order book, 2 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, 14 min ago | 1.35 bp | 9.5 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 3.87 bp | 24.7 bp −$25 | 137.5 bp −$1,375 | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5600cheapestVariational Omni2.5844+0.953%Bybit2.5846+0.961%BingX2.5846+0.961%Bitget2.5849+0.973%ApeX Omni2.5854+0.992%MEXC2.5858+1.008%OKX2.5860+1.016%Binance2.5865+1.034%dYdX2.5869+1.053%
Injective
Variational Omni
Bybit
BingX
Bitget
ApeX Omni
MEXC
OKX
Binance
dYdXGate2.5870+1.055%
KuCoin2.5873+1.066%Extended2.5876+1.078%Paradex2.5880+1.095%Polymarket Perps2.5886+1.117%Aevo2.5887+1.121%BloFin2.5887+1.121%Reya2.5888+1.125%Aster2.5889+1.129%Orderly2.5892+1.141%Lighter2.5894+1.148%SunX2.5898+1.164%GMX2.5898+1.166%Deribit2.5899+1.168%Hyperliquid2.5901+1.176%Coinbase International2.5920+1.250%Backpack2.5939+1.324%Kraken Futures2.5964+1.423%
KuCoin
Extended
Paradex
Polymarket Perps
Aevo
BloFin
Reya
Aster
Orderly
Lighter
SunX
GMX
Deribit
Hyperliquid
Coinbase International
Backpack
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 | −0.932% | −0.1875% | 1h | $2K | $6K | 5.5x | as long as short |
| edgeX PENDLEUSDClong | 0.000% | +0.0100% | 4h | $26K | $417K | 10x | |
| Variational Omni PENDLE | +0.013% | −0.0276% | 8h | $671K | $2.4M | — | as long as short |
| Bybit PENDLEUSDT | +0.020% | −0.0078% | 8h | $16.1M | $11.9M | 50x | as long as short |
| BingX PENDLE-USDT | +0.020% | +0.0100% | 8h | — | $34.3M | — | as long as short |
| Bitget PENDLEUSDT | +0.032% | +0.0100% | 8h | $3.9M | $2.6M | 75x | as long as short |
| ApeX Omni PENDLEUSDT | +0.051% | +0.0077% | 1h | $78K | $236K | 50x | as long as short |
| MEXC PENDLE_USDT | +0.067% | +0.0100% | 8h | $16.9M | $2.1M | 125x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.074% | +0.0100% | 4h | $3.2M | $5.0M | 50x | as long as short |
| Binance PENDLEUSDT | +0.092% | +0.0100% | 8h | $28.7M | $33.9M | 75x | as long as short |