After costs, if the gap returns to its 7d average, $10k−$64
spread now+0.020%7d average+0.032%fees + slippage, in and out−$63spread needed0.627%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended PENDLE-USD | 2.6044 | 0.0104 | pay 0.0013% / 1h | 17m 49s | $172K | $520K | 10x |
| Short | Bitget PENDLEUSDT | 2.6049 | 0.0100 | get 0.0100% / 8h | 17m 49s | $3.9M | $2.6M | 75x |
Extended PENDLE-USD
Bitget PENDLEUSDTPrice 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
- $1.98
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$45.7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$60.84
- Spread needed to break even
- 0.627%
Slippage from Extended: live order book, 31 min ago; Bitget: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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 Extended live order book, 31 min ago | 0.75 bp | 13.9 bp −$14 | 96.6 bp −$966 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.88 bp | 14.7 bp −$15 | 36.7 bp −$367 | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5940cheapestReya2.6015+0.290%Lighter2.6016+0.293%Bybit2.6016+0.293%Orderly2.6018+0.301%Deribit2.6021+0.312%GMX2.6023+0.319%BingX2.6024+0.324%OKX2.6030+0.347%Polymarket Perps2.6031+0.351%Aevo2.6034+0.362%SunX2.6043+0.397%
Injective
Reya
Lighter
Bybit
Orderly
Deribit
GMX
BingX
OKX
Polymarket Perps
Aevo
SunXExtended2.6044+0.400%
Hyperliquid2.6046+0.409%
HyperliquidBitget2.6049+0.420%
Paradex2.6052+0.431%Binance2.6053+0.436%MEXC2.6062+0.470%BloFin2.6064+0.478%Aster2.6067+0.490%Gate2.6070+0.501%Variational Omni2.6073+0.512%KuCoin2.6078+0.532%Kraken Futures2.6078+0.534%dYdX2.6082+0.547%Backpack2.6083+0.551%ApeX Omni2.6132+0.740%edgeX2.6141+0.776%Coinbase International2.6160+0.848%
Paradex
Binance
MEXC
BloFin
Aster
Gate
Variational Omni
KuCoin
Kraken Futures
dYdX
Backpack
ApeX Omni
Coinbase InternationalPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −0.399% | −0.1178% | 1h | $2K | $6K | 5.5x | as long as short |
| Reya PENDLERUSDPERP | −0.110% | +0.0007% | 1h | $4K | — | 15x | as long as short |
| Lighter PENDLE | −0.107% | +0.0096% | 1h | $566K | $359K | 5x | as long as short |
| Bybit PENDLEUSDT | −0.107% | −0.0242% | 8h | $16.2M | $11.5M | 50x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.099% | +0.0054% | 8h | $21K | $4K | 10x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.088% | 0.0000% | 1h | $31K | $10K | 10x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | −0.081% | L +0.0200% / S −0.0269% | 1h | $5K | — | 100x | as long as short |
| BingX PENDLE-USDT | −0.076% | +0.0100% | 8h | — | $34.2M | — | as long as short |
| OKX PENDLE-USDT-SWAP | −0.053% | +0.0100% | 4h | $3.2M | $4.8M | 50x | as long as short |
| Polymarket Perps PENDLE-USD | −0.049% | −0.0036% | 1h | $18K | $54K | 5x | as long as short |