Spread before costs (cost unknown: a leg has no order-book sample)+0.243%
7d average+0.058%if it closes, per $10,000$24funding while held, a day+$9.96
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PENDLEUSDTM | 2.5538 | 0.0100 | pay 0.0100% / 8h | 7h 01m | $929K | $558K | 50x |
| Short | Coinbase International PENDLE-PERP-INTX | 2.5600 | 0.0432 | get 0.0054% / 1h | 1m 36s | $114K | $428K | 25x |
KuCoin PENDLEUSDTM
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
- $24.28
- Funding while held
- $9.96
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $12.24
- Spread needed to break even
- 0.220%
Slippage unknown: KuCoin: live order book, 49 min ago; Coinbase International: live order book, 43 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0332%
- Per $10,000 a day
- +$9.96
- 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 KuCoin live order book, 49 min ago | 10.12 bp | 42.6 bp −$43 | 168.0 bp −$1,680 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 43 min ago | 17.27 bp | 167.6 bp −$168 | doesn't fit | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5290cheapestBitget2.5508+0.862%Paradex2.5516+0.893%Aevo2.5518+0.900%Gate2.5520+0.909%BingX2.5521+0.913%MEXC2.5523+0.921%Orderly2.5524+0.925%Extended2.5525+0.928%Reya2.5531+0.953%Polymarket Perps2.5533+0.961%Deribit2.5533+0.961%Lighter2.5536+0.973%Bybit2.5536+0.973%Binance2.5537+0.977%BloFin2.5537+0.977%
Injective
Bitget
Paradex
Aevo
Gate
BingX
MEXC
Orderly
Extended
Reya
Polymarket Perps
Deribit
Lighter
Bybit
Binance
BloFinKuCoin2.5538+0.981%
GMX2.5539+0.985%Variational Omni2.5544+1.003%Aster2.5550+1.028%SunX2.5555+1.048%ApeX Omni2.5568+1.099%OKX2.5570+1.107%Hyperliquid2.5574+1.123%Backpack2.5578+1.139%dYdX2.5579+1.142%
GMX
Variational Omni
Aster
SunX
ApeX Omni
OKX
Hyperliquid
Backpack
dYdXCoinbase International2.5600+1.226%
Kraken Futures2.5608+1.256%edgeX2.5617+1.291%
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 PERP | −0.971% | −0.1875% | 1h | $2K | $6K | 5.5x | as long as short |
| Bitget PENDLEUSDT | −0.117% | +0.0100% | 8h | $3.8M | $2.6M | 75x | as long as short |
| Paradex PENDLE-USD-PERP | −0.087% | +0.0100% | 8h | $36K | $30K | 10x | as long as short |
| Aevo PENDLE-PERP | −0.080% | +0.0104% | 1h | $27K | — | 3x | as long as short |
| Gate PENDLE_USDT | −0.070% | +0.0078% | 8h | $815K | $1.1M | 75x | as long as short |
| BingX PENDLE-USDT | −0.067% | +0.0100% | 8h | — | $34.2M | — | as long as short |
| MEXC PENDLE_USDT | −0.059% | +0.0079% | 8h | $16.8M | $2.2M | 125x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.055% | +0.0051% | 8h | $20K | $4K | 10x | as long as short |
| Extended PENDLE-USD | −0.052% | +0.0080% | 1h | $168K | $520K | 10x | as long as short |
| Reya PENDLERUSDPERP | −0.027% | +0.0013% | 1h | $4K | — | 15x | as long as short |