After costs, if the gap returns to its 7d average, $10k−$54
spread now−0.163%7d average+0.005%fees + slippage, in and out−$37spread needed0.371%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PENDLE_USDT | 2.6333 | 0.0100 | pay 0.0100% / 8h | 1h 47m | $16.9M | $2.0M | 125x |
| Short | BloFin PENDLE-USDT | 2.6290 | 0.0083 | get 0.0083% / 8h | 1h 47m | $1.5M | $825K | 75x |
MEXC PENDLE_USDT
BloFin 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
- −$16.33
- Funding while held
- −$0.5
- Slippage, 4 orders
- −$21.14
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$53.97
- Spread needed to break even
- 0.371%
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0017%
- Per $10,000 a day
- −$0.50
- 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, 3 min ago | 1.14 bp | 5.5 bp −$5 | 31.3 bp −$313 | 80.6 bp −$8,065 | doesn't fit |
| Sell BloFin live order book, 2 min ago | 2.65 bp | 13.1 bp −$13 | 24.9 bp −$249 | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.6040cheapestOKX2.6280+0.922%Bybit2.6286+0.945%Extended2.6286+0.946%
Injective
OKX
Bybit
ExtendedBloFin2.6290+0.960%
Lighter2.6296+0.983%Deribit2.6300+0.998%Binance2.6301+1.002%Aevo2.6301+1.002%Orderly2.6304+1.014%BingX2.6310+1.037%SunX2.6311+1.041%Reya2.6314+1.054%GMX2.6314+1.054%Polymarket Perps2.6316+1.060%Gate2.6330+1.114%Bitget2.6331+1.118%
Lighter
Deribit
Binance
Aevo
Orderly
BingX
SunX
Reya
GMX
Polymarket Perps
Gate
BitgetMEXC2.6333+1.125%
Paradex2.6334+1.130%Aster2.6335+1.135%KuCoin2.6340+1.152%Hyperliquid2.6352+1.198%Kraken Futures2.6374+1.281%edgeX2.6376+1.291%Coinbase International2.6380+1.306%ApeX Omni2.6385+1.325%dYdX2.6393+1.355%Backpack2.6420+1.459%Variational Omni2.6433+1.510%
Paradex
Aster
KuCoin
Hyperliquid
Kraken Futures
Coinbase International
ApeX Omni
dYdX
Backpack
Variational OmniPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −1.113% | −0.3627% | 1h | $4K | $51K | 5.5x | as long as short |
| OKX PENDLE-USDT-SWAP | −0.201% | +0.0100% | 4h | $3.3M | $4.7M | 50x | as long as short |
| Bybit PENDLEUSDT | −0.178% | −0.0185% | 8h | $16.4M | $11.2M | 50x | as long as short |
| Extended PENDLE-USD | −0.178% | +0.0104% | 1h | $174K | $520K | 10x | as long as short |
| BloFin PENDLE-USDTshort | −0.163% | +0.0083% | 8h | $1.5M | $825K | 75x | |
| Lighter PENDLE | −0.141% | +0.0096% | 1h | $580K | $328K | 5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.125% | −0.0510% | 1h | $31K | $10K | 10x | as long as short |
| Binance PENDLEUSDT | −0.122% | +0.0100% | 8h | $29.4M | $31.2M | 75x | as long as short |
| Aevo PENDLE-PERP | −0.122% | +0.0104% | 1h | $28K | — | 3x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.110% | +0.0046% | 8h | $21K | $4K | 10x | as long as short |