After costs, if the gap returns to its 7d average, $10k−$121
spread now−0.122%7d average−0.009%fees + slippage, in and out−$110spread needed1.102%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PENDLEUSDC | 2.6503 | 0.0100 | pay 0.0050% / 4h | 42m 51s | $26K | $417K | 10x |
| Short | KuCoin PENDLEUSDTM | 2.6471 | 0.0100 | get 0.0100% / 8h | 42m 51s | $1.1M | $467K | 50x |
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
- −$12.22
- Funding while held
- $0
- Slippage, 4 orders
- −$89.17
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$122.4
- Spread needed to break even
- 1.102%
Slippage from edgeX: live order book, 7 min ago; KuCoin: live order book, 8 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, 7 min ago | 1.69 bp | 6.6 bp −$7 | 27.4 bp −$274 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 7.88 bp | 49.9 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.OKX2.6410cheapestBybit2.6411+0.004%Extended2.6421+0.041%BingX2.6425+0.057%Bitget2.6429+0.072%Lighter2.6431+0.080%Binance2.6431+0.080%MEXC2.6433+0.087%Reya2.6434+0.092%Aevo2.6437+0.101%BloFin2.6438+0.106%Gate2.6440+0.114%Polymarket Perps2.6440+0.114%Orderly2.6442+0.121%Deribit2.6443+0.125%Paradex2.6447+0.140%GMX2.6457+0.178%Aster2.6466+0.212%SunX2.6468+0.220%Injective2.6470+0.227%Hyperliquid2.6471+0.231%
OKX
Bybit
Extended
BingX
Bitget
Lighter
Binance
MEXC
Reya
Aevo
BloFin
Gate
Polymarket Perps
Orderly
Deribit
Paradex
GMX
Aster
SunX
Injective
HyperliquidKuCoin2.6471+0.231%
Backpack2.6480+0.265%dYdX2.6484+0.282%Kraken Futures2.6499+0.335%Coinbase International2.6500+0.341%Variational Omni2.6502+0.348%ApeX Omni2.6510+0.379%
Backpack
dYdX
Kraken Futures
Coinbase International
Variational Omni
ApeX OmniPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX PENDLE-USDT-SWAP | −0.352% | +0.0100% | 4h | $3.3M | $4.8M | 50x | as long as short |
| Bybit PENDLEUSDT | −0.349% | −0.0192% | 8h | $16.4M | $11.2M | 50x | as long as short |
| Extended PENDLE-USD | −0.311% | +0.0104% | 1h | $175K | $520K | 10x | as long as short |
| BingX PENDLE-USDT | −0.296% | +0.0100% | 8h | — | $34.1M | — | as long as short |
| Bitget PENDLEUSDT | −0.281% | +0.0100% | 8h | $4.0M | $2.6M | 75x | as long as short |
| Lighter PENDLE | −0.273% | +0.0096% | 1h | $575K | $356K | 5x | as long as short |
| Binance PENDLEUSDT | −0.273% | +0.0100% | 8h | $29.5M | $32.0M | 75x | as long as short |
| MEXC PENDLE_USDT | −0.266% | +0.0100% | 8h | $17.1M | $2.1M | 125x | as long as short |
| Reya PENDLERUSDPERP | −0.261% | +0.0005% | 1h | $4K | — | 15x | as long as short |
| Aevo PENDLE-PERP | −0.252% | +0.0104% | 1h | $28K | — | 3x | as long as short |