Spread before costs (cost unknown: a leg has no order-book sample)+1.741%
7d average—if it closes, per $10,000$174funding while held, a day+$151.34
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PENDLE/USDC PERP | 2.5280 | −0.4421 | get 0.0553% / 1h | 37m 34s | $2K | $7K | 5.5x |
| Short | Coinbase International PENDLE-PERP-INTX | 2.5720 | 0.0624 | get 0.0078% / 1h | 37m 34s | $117K | $466K | 25x |
Injective PENDLE/USDC PERP
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
- $174.05
- Funding while held
- $151.34
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $315.37
- Spread needed to break even
- 0.100%
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 62 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.5045%
- Per $10,000 a day
- +$151.34
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 62 min ago | 7.85 bp | 28.9 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
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.Injective2.5280cheapest
Paradex2.5535+1.008%Extended2.5539+1.025%MEXC2.5546+1.052%BingX2.5547+1.056%Binance2.5550+1.068%Bybit2.5550+1.068%OKX2.5550+1.068%Gate2.5550+1.068%Orderly2.5553+1.080%Aevo2.5554+1.083%Bitget2.5556+1.092%Reya2.5557+1.097%Deribit2.5559+1.104%Lighter2.5562+1.116%BloFin2.5563+1.119%Kraken Futures2.5567+1.134%SunX2.5568+1.139%GMX2.5571+1.151%KuCoin2.5573+1.159%Aster2.5576+1.170%Polymarket Perps2.5576+1.171%Variational Omni2.5576+1.171%edgeX2.5578+1.180%ApeX Omni2.5581+1.191%dYdX2.5585+1.206%Hyperliquid2.5590+1.226%Backpack2.5604+1.282%
Paradex
Extended
MEXC
BingX
Binance
Bybit
OKX
Gate
Orderly
Aevo
Bitget
Reya
Deribit
Lighter
BloFin
Kraken Futures
SunX
GMX
KuCoin
Aster
Polymarket Perps
Variational Omni
ApeX Omni
dYdX
Hyperliquid
BackpackCoinbase International2.5720+1.741%
PENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERPlong | 0.000% | −0.4421% | 1h | $2K | $7K | 5.5x | |
| Paradex PENDLE-USD-PERP | +1.008% | +0.0100% | 8h | $36K | $28K | 10x | as long as short |
| Extended PENDLE-USD | +1.025% | +0.0072% | 1h | $169K | $519K | 10x | as long as short |
| MEXC PENDLE_USDT | +1.052% | +0.0068% | 8h | $17.1M | $2.1M | 125x | as long as short |
| BingX PENDLE-USDT | +1.056% | +0.0100% | 8h | — | $34.2M | — | as long as short |
| Binance PENDLEUSDT | +1.068% | +0.0066% | 8h | $28.0M | $36.1M | 75x | as long as short |
| Bybit PENDLEUSDT | +1.068% | +0.0100% | 8h | $15.9M | $11.9M | 50x | as long as short |
| OKX PENDLE-USDT-SWAP | +1.068% | +0.0100% | 4h | $3.3M | $5.4M | 50x | as long as short |
| Gate PENDLE_USDT | +1.068% | +0.0100% | 8h | $821K | $1.0M | 75x | as long as short |
| Orderly PERP_PENDLE_USDC | +1.080% | +0.0043% | 8h | $20K | $4K | 10x | as long as short |