Spread before costs (cost unknown: a leg has no order-book sample)+0.898%
7d average—if it closes, per $10,000$90funding while held, a day+$59.26
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PENDLE/USDC PERP | 2.5600 | −0.1875 | get 0.0234% / 1h | 32m 34s | $2K | $6K | 5.5x |
| Short | Gate PENDLE_USDT | 2.5830 | 0.0100 | get 0.0100% / 8h | 7h 32m | $817K | $1.1M | 75x |
Injective PENDLE/USDC PERP
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
- $89.84
- Funding while held
- $59.26
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $134.08
- Spread needed to break even
- 0.150%
Slippage unknown: Injective: no order-book sample; Gate: live order book, 1 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 1 min ago | 3.87 bp | 24.7 bp −$25 | 137.5 bp −$1,375 | 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.Injective2.5600cheapest
Extended2.5819+0.854%Paradex2.5819+0.857%Bybit2.5820+0.859%BingX2.5829+0.895%OKX2.5830+0.898%
Extended
Paradex
Bybit
BingX
OKXGate2.5830+0.898%
BloFin2.5831+0.902%MEXC2.5836+0.922%Bitget2.5837+0.926%Reya2.5841+0.940%edgeX2.5841+0.941%Binance2.5842+0.944%KuCoin2.5842+0.945%Variational Omni2.5844+0.953%Polymarket Perps2.5847+0.965%Orderly2.5851+0.980%Aevo2.5852+0.984%Lighter2.5854+0.992%GMX2.5855+0.995%Deribit2.5856+1.000%SunX2.5859+1.012%Aster2.5863+1.029%dYdX2.5869+1.053%Coinbase International2.5870+1.055%Hyperliquid2.5888+1.125%ApeX Omni2.5891+1.137%Backpack2.5895+1.152%Kraken Futures2.5935+1.309%
BloFin
MEXC
Bitget
Reya
Binance
KuCoin
Variational Omni
Polymarket Perps
Orderly
Aevo
Lighter
GMX
Deribit
SunX
Aster
dYdX
Coinbase International
Hyperliquid
ApeX Omni
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 PERPlong | 0.000% | −0.1875% | 1h | $2K | $6K | 5.5x | |
| Extended PENDLE-USD | +0.854% | +0.0104% | 1h | $171K | $520K | 10x | as long as short |
| Paradex PENDLE-USD-PERP | +0.857% | +0.0100% | 8h | $36K | $30K | 10x | as long as short |
| Bybit PENDLEUSDT | +0.859% | −0.0101% | 8h | $16.1M | $11.9M | 50x | as long as short |
| BingX PENDLE-USDT | +0.895% | +0.0100% | 8h | — | $34.3M | — | as long as short |
| OKX PENDLE-USDT-SWAP | +0.898% | +0.0100% | 4h | $3.2M | $5.0M | 50x | as long as short |
| Gate PENDLE_USDTshort | +0.898% | +0.0100% | 8h | $817K | $1.1M | 75x | |
| BloFin PENDLE-USDT | +0.902% | +0.0072% | 8h | $1.4M | $857K | 75x | as long as short |
| MEXC PENDLE_USDT | +0.922% | +0.0100% | 8h | $16.8M | $2.1M | 125x | as long as short |
| Bitget PENDLEUSDT | +0.926% | +0.0100% | 8h | $3.9M | $2.6M | 75x | as long as short |