Spread before costs (cost unknown: a leg has no order-book sample)−0.462%
7d average—if it closes, per $10,000$46funding while held, a day+$38.35
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PENDLE/USDC PERP | 2.6620 | −0.1178 | get 0.0147% / 1h | 44m 20s | $3K | $6K | 5.5x |
| Short | KuCoin PENDLEUSDTM | 2.6497 | 0.0100 | get 0.0100% / 8h | 44m 20s | $1.1M | $467K | 50x |
Injective PENDLE/USDC PERP
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
- −$46.21
- Funding while held
- $38.35
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$19.87
- Spread needed to break even
- 0.120%
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 7 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1278%
- Per $10,000 a day
- +$38.35
- 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 KuCoin live order book, 7 min ago | 7.88 bp | 49.9 bp −$50 | 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.Gate2.6470cheapestBingX2.6470cheapestBybit2.6480+0.038%OKX2.6480+0.038%MEXC2.6488+0.068%Polymarket Perps2.6488+0.068%Reya2.6492+0.082%Bitget2.6492+0.083%Extended2.6493+0.086%Binance2.6494+0.091%Aevo2.6494+0.093%
Gate
BingX
Bybit
OKX
MEXC
Polymarket Perps
Reya
Bitget
Extended
Binance
AevoKuCoin2.6497+0.102%
Orderly2.6497+0.102%Aster2.6498+0.104%Variational Omni2.6502+0.121%BloFin2.6513+0.162%GMX2.6516+0.173%Deribit2.6519+0.185%Paradex2.6519+0.186%Coinbase International2.6520+0.189%Lighter2.6532+0.234%Hyperliquid2.6535+0.247%dYdX2.6539+0.259%SunX2.6549+0.298%Backpack2.6560+0.340%Kraken Futures2.6583+0.427%edgeX2.6618+0.561%
Orderly
Aster
Variational Omni
BloFin
GMX
Deribit
Paradex
Coinbase International
Lighter
Hyperliquid
dYdX
SunX
Backpack
Kraken FuturesInjective2.6620+0.567%
ApeX Omni2.6627+0.593%
ApeX OmniPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate PENDLE_USDT | −0.563% | −0.0021% | 8h | $823K | $1.0M | 75x | as long as short |
| BingX PENDLE-USDT | −0.563% | +0.0100% | 8h | — | $34.1M | — | as long as short |
| Bybit PENDLEUSDT | −0.526% | −0.0190% | 8h | $16.5M | $11.2M | 50x | as long as short |
| OKX PENDLE-USDT-SWAP | −0.526% | +0.0100% | 4h | $3.3M | $4.8M | 50x | as long as short |
| MEXC PENDLE_USDT | −0.496% | +0.0100% | 8h | $17.1M | $2.1M | 125x | as long as short |
| Polymarket Perps PENDLE-USD | −0.496% | +0.0029% | 1h | $18K | $59K | 5x | as long as short |
| Reya PENDLERUSDPERP | −0.482% | +0.0005% | 1h | $4K | — | 15x | as long as short |
| Bitget PENDLEUSDT | −0.481% | +0.0100% | 8h | $4.0M | $2.6M | 75x | as long as short |
| Extended PENDLE-USD | −0.478% | +0.0104% | 1h | $175K | $520K | 10x | as long as short |
| Binance PENDLEUSDT | −0.473% | +0.0100% | 8h | $29.6M | $31.9M | 75x | as long as short |