Spread before costs (cost unknown: a leg has no order-book sample)+0.172%
7d average+0.045%if it closes, per $10,000$17funding while held, a day+$10.20
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PENDLE_USDT | 2.5606 | 0.0092 | pay 0.0092% / 8h | 7h 17m | $16.8M | $2.1M | 125x |
| Short | Coinbase International PENDLE-PERP-INTX | 2.5650 | 0.0432 | get 0.0054% / 1h | 17m 54s | $115K | $432K | 25x |
MEXC PENDLE_USDT
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
- $17.18
- Funding while held
- $10.2
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $13.38
- Spread needed to break even
- 0.140%
Slippage unknown: MEXC: live order book, 2 min ago; Coinbase International: live order book, 27 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0340%
- Per $10,000 a day
- +$10.20
- 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 | 1.76 bp | 7.2 bp −$7 | 26.7 bp −$267 | 98.1 bp −$9,806 | doesn't fit |
| Sell Coinbase International live order book, 27 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.Aevo2.5579cheapestBybit2.5580+0.004%Kraken Futures2.5584+0.020%Paradex2.5586+0.028%Orderly2.5588+0.035%Deribit2.5588+0.035%Bitget2.5591+0.047%Reya2.5592+0.050%Polymarket Perps2.5594+0.059%Lighter2.5595+0.063%Extended2.5597+0.072%BloFin2.5598+0.074%Binance2.5599+0.079%Gate2.5600+0.082%Injective2.5600+0.082%Aster2.5601+0.086%SunX2.5603+0.094%BingX2.5605+0.102%GMX2.5605+0.103%
Aevo
Bybit
Kraken Futures
Paradex
Orderly
Deribit
Bitget
Reya
Polymarket Perps
Lighter
Extended
BloFin
Binance
Gate
Injective
Aster
SunX
BingX
GMXMEXC2.5606+0.106%
OKX2.5610+0.121%KuCoin2.5626+0.184%Hyperliquid2.5637+0.228%dYdX2.5645+0.258%
OKX
KuCoin
Hyperliquid
dYdXCoinbase International2.5650+0.278%
Backpack2.5655+0.297%Variational Omni2.5666+0.340%ApeX Omni2.5677+0.383%edgeX2.5777+0.773%
Backpack
Variational Omni
ApeX OmniPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo PENDLE-PERP | −0.105% | +0.0104% | 1h | $27K | — | 3x | as long as short |
| Bybit PENDLEUSDT | −0.102% | −0.0186% | 8h | $16.0M | $11.9M | 50x | as long as short |
| Kraken Futures PF_PENDLEUSD | −0.086% | +0.1766% | 1h | $143K | $252K | 20x | as long as short |
| Paradex PENDLE-USD-PERP | −0.078% | +0.0100% | 8h | $36K | $30K | 10x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.070% | +0.0053% | 8h | $20K | $4K | 10x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.070% | 0.0000% | 1h | $30K | $11K | 10x | as long as short |
| Bitget PENDLEUSDT | −0.059% | +0.0100% | 8h | $3.8M | $2.6M | 75x | as long as short |
| Reya PENDLERUSDPERP | −0.056% | +0.0012% | 1h | $4K | — | 15x | as long as short |
| Polymarket Perps PENDLE-USD | −0.047% | +0.0100% | 1h | $16K | $39K | 5x | as long as short |
| Lighter PENDLE | −0.043% | +0.0096% | 1h | $559K | $357K | 5x | as long as short |