Spread before costs (cost unknown: a leg has no order-book sample)+0.240%
7d average—if it closes, per $10,000$24funding while held, a day−$1.86
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PENDLE_USDT | 2.5440 | 0.0062 | pay 0.0062% / 8h | 5h 26m | $17.0M | $2.2M | 125x |
| Short | dYdX PENDLE-USD | 2.5501 | 0 | get 0.0000% / 1h | 26m 06s | $11K | — | 5x |
MEXC PENDLE_USDT
dYdX PENDLE-USDPrice 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
- $23.99
- Funding while held
- −$1.86
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $8.13
- Spread needed to break even
- 0.140%
Slippage unknown: MEXC: live order book, 4 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0062%
- Per $10,000 a day
- −$1.86
- 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, 4 min ago | 0.20 bp | 6.6 bp −$7 | 32.5 bp −$325 | 104.8 bp −$10.5K | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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.Injective2.5280cheapestBitget2.5426+0.578%Bybit2.5430+0.593%Binance2.5433+0.605%Extended2.5438+0.624%Gate2.5440+0.633%
Injective
Bitget
Bybit
Binance
Extended
GateMEXC2.5440+0.633%
BingX2.5441+0.637%Paradex2.5444+0.650%Reya2.5444+0.650%SunX2.5446+0.657%OKX2.5450+0.672%Orderly2.5450+0.672%Lighter2.5453+0.684%Aevo2.5453+0.685%GMX2.5457+0.699%Deribit2.5459+0.708%BloFin2.5467+0.740%Kraken Futures2.5470+0.751%Aster2.5475+0.770%KuCoin2.5485+0.811%Polymarket Perps2.5488+0.823%Hyperliquid2.5489+0.827%Variational Omni2.5496+0.855%Backpack2.5497+0.858%
BingX
Paradex
Reya
SunX
OKX
Orderly
Lighter
Aevo
GMX
Deribit
BloFin
Kraken Futures
Aster
KuCoin
Polymarket Perps
Hyperliquid
Variational Omni
BackpackdYdX2.5501+0.874%
Coinbase International2.5510+0.910%edgeX2.5511+0.912%ApeX Omni2.5516+0.934%
Coinbase International
ApeX 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 | −0.629% | −0.4421% | 1h | $2K | $7K | 5.5x | as long as short |
| Bitget PENDLEUSDT | −0.055% | +0.0100% | 8h | $3.9M | $2.6M | 75x | as long as short |
| Bybit PENDLEUSDT | −0.039% | +0.0100% | 8h | $15.9M | $11.9M | 50x | as long as short |
| Binance PENDLEUSDT | −0.028% | +0.0061% | 8h | $27.9M | $36.0M | 75x | as long as short |
| Extended PENDLE-USD | −0.009% | +0.0064% | 1h | $168K | $519K | 10x | as long as short |
| Gate PENDLE_USDT | 0.000% | +0.0100% | 8h | $817K | $1.0M | 75x | as long as short |
| MEXC PENDLE_USDTlong | 0.000% | +0.0062% | 8h | $17.0M | $2.2M | 125x | |
| BingX PENDLE-USDT | +0.004% | +0.0100% | 8h | — | $34.2M | — | as long as short |
| Paradex PENDLE-USD-PERP | +0.017% | +0.0100% | 8h | $36K | $28K | 10x | as long as short |
| Reya PENDLERUSDPERP | +0.017% | +0.0021% | 1h | $4K | — | 15x | as long as short |