After costs, if the gap returns to its 7d average, $10k−$54
spread now−0.069%7d average−0.079%fees + slippage, in and out−$55spread needed0.548%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PENDLE_USDT | 2.6164 | 0.0100 | pay 0.0100% / 8h | 13m 07s | $17.0M | $2.1M | 125x |
| Short | Bitget PENDLEUSDT | 2.6146 | 0.0100 | get 0.0100% / 8h | 13m 07s | $3.9M | $2.6M | 75x |
MEXC PENDLE_USDT
Bitget PENDLEUSDTPrice 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
- −$6.88
- Funding while held
- $0
- Slippage, 4 orders
- −$38.77
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$61.65
- Spread needed to break even
- 0.548%
Slippage from MEXC: live order book, 2 min ago; Bitget: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 MEXC live order book, 2 min ago | 1.72 bp | 7.5 bp −$7 | 32.5 bp −$325 | 95.5 bp −$9,547 | doesn't fit |
| Sell Bitget live order book, 1 min ago | 1.91 bp | 20.8 bp −$21 | 58.5 bp −$585 | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5790cheapestVariational Omni2.6033+0.941%ApeX Omni2.6126+1.303%Bybit2.6128+1.311%edgeX2.6132+1.324%
Injective
Variational Omni
ApeX Omni
BybitBitget2.6146+1.380%
Polymarket Perps2.6146+1.380%OKX2.6150+1.396%Extended2.6154+1.411%Reya2.6155+1.414%Gate2.6160+1.435%Orderly2.6160+1.435%BingX2.6161+1.439%Deribit2.6163+1.446%
Polymarket Perps
OKX
Extended
Reya
Gate
Orderly
BingX
DeribitMEXC2.6164+1.450%
Binance2.6165+1.455%Lighter2.6166+1.458%dYdX2.6167+1.462%Aevo2.6167+1.462%Coinbase International2.6170+1.473%GMX2.6172+1.480%Paradex2.6174+1.489%Aster2.6174+1.489%KuCoin2.6175+1.493%BloFin2.6182+1.520%SunX2.6189+1.547%Hyperliquid2.6198+1.582%Backpack2.6207+1.617%Kraken Futures2.6220+1.666%
Binance
Lighter
dYdX
Aevo
Coinbase International
GMX
Paradex
Aster
KuCoin
BloFin
SunX
Hyperliquid
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 PERP | −1.429% | −0.1178% | 1h | $2K | $6K | 5.5x | as long as short |
| Variational Omni PENDLE | −0.502% | −0.0281% | 8h | $818K | $2.2M | — | as long as short |
| ApeX Omni PENDLEUSDT | −0.145% | +0.0100% | 1h | $79K | $236K | 50x | as long as short |
| Bybit PENDLEUSDT | −0.138% | −0.0244% | 8h | $16.3M | $11.5M | 50x | as long as short |
| edgeX PENDLEUSDC | −0.124% | +0.0100% | 4h | $26K | $418K | 10x | as long as short |
| Bitget PENDLEUSDTshort | −0.069% | +0.0100% | 8h | $3.9M | $2.6M | 75x | |
| Polymarket Perps PENDLE-USD | −0.069% | −0.0018% | 1h | $18K | $54K | 5x | as long as short |
| OKX PENDLE-USDT-SWAP | −0.054% | +0.0100% | 4h | $3.2M | $4.9M | 50x | as long as short |
| Extended PENDLE-USD | −0.039% | +0.0104% | 1h | $172K | $520K | 10x | as long as short |
| Reya PENDLERUSDPERP | −0.036% | +0.0008% | 1h | $4K | — | 15x | as long as short |