Spread before costs (cost unknown: a leg has no order-book sample)−0.890%
7d average—if it closes, per $10,000$89funding while held, a day−$59.26
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PENDLE_USDT | 2.5830 | 0.0100 | pay 0.0100% / 8h | 7h 31m | $817K | $1.1M | 75x |
| Short | Injective PENDLE/USDC PERP | 2.5600 | −0.1875 | pay 0.0234% / 1h | 31m 59s | $2K | $6K | 5.5x |
Gate PENDLE_USDT
Injective PENDLE/USDC PERPPrice 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
- −$89.04
- Funding while held
- −$59.26
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$163.32
- Spread needed to break even
- 0.150%
Slippage unknown: Gate: live order book, 2 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1975%
- Per $10,000 a day
- −$59.26
- 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 Gate live order book, 2 min ago | 3.87 bp | 30.2 bp −$30 | 146.2 bp −$1,462 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5600cheapest
Paradex2.5819+0.857%
ParadexGate2.5830+0.898%
BloFin2.5831+0.902%Bitget2.5832+0.906%Extended2.5837+0.928%BingX2.5839+0.934%Bybit2.5840+0.937%MEXC2.5840+0.937%edgeX2.5841+0.941%KuCoin2.5843+0.949%Variational Omni2.5844+0.953%Reya2.5846+0.961%Binance2.5847+0.965%OKX2.5850+0.977%Orderly2.5850+0.977%Polymarket Perps2.5851+0.980%Aevo2.5859+1.011%Lighter2.5862+1.023%SunX2.5862+1.023%Deribit2.5862+1.023%GMX2.5864+1.030%Aster2.5865+1.036%dYdX2.5869+1.053%Hyperliquid2.5891+1.137%ApeX Omni2.5891+1.137%Backpack2.5895+1.152%Coinbase International2.5920+1.250%Kraken Futures2.5936+1.313%
BloFin
Bitget
Extended
BingX
Bybit
MEXC
KuCoin
Variational Omni
Reya
Binance
OKX
Orderly
Polymarket Perps
Aevo
Lighter
SunX
Deribit
GMX
Aster
dYdX
Hyperliquid
ApeX Omni
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 PERPshort | −0.890% | −0.1875% | 1h | $2K | $6K | 5.5x | |
| Paradex PENDLE-USD-PERP | −0.041% | +0.0100% | 8h | $36K | $30K | 10x | as long as short |
| Gate PENDLE_USDTlong | 0.000% | +0.0100% | 8h | $817K | $1.1M | 75x | |
| BloFin PENDLE-USDT | +0.004% | +0.0072% | 8h | $1.4M | $857K | 75x | as long as short |
| Bitget PENDLEUSDT | +0.008% | +0.0100% | 8h | $3.9M | $2.6M | 75x | as long as short |
| Extended PENDLE-USD | +0.029% | +0.0104% | 1h | $171K | $520K | 10x | as long as short |
| BingX PENDLE-USDT | +0.035% | +0.0100% | 8h | — | $34.3M | — | as long as short |
| Bybit PENDLEUSDT | +0.039% | −0.0101% | 8h | $16.1M | $11.9M | 50x | as long as short |
| MEXC PENDLE_USDT | +0.039% | +0.0100% | 8h | $16.8M | $2.1M | 125x | as long as short |
| edgeX PENDLEUSDC | +0.042% | +0.0100% | 4h | $26K | $417K | 10x | as long as short |