After costs, if the gap returns to its 7d average, $10k−$53
spread now+0.069%7d average+0.036%fees + slippage, in and out−$56spread needed0.565%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PENDLE-USDT-SWAP | 2.6450 | 0.0100 | pay 0.0050% / 4h | 1h 00m | $3.3M | $4.8M | 50x |
| Short | Binance PENDLEUSDT | 2.6468 | 0.0100 | get 0.0100% / 8h | 1h 00m | $29.5M | $31.8M | 75x |
OKX PENDLE-USDT-SWAP
Binance 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
- $6.9
- Funding while held
- $0
- Slippage, 4 orders
- −$36.46
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$49.57
- Spread needed to break even
- 0.565%
Slippage from OKX: live order book, 4 min ago; Binance: live order book, 13 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 OKX live order book, 4 min ago | 1.88 bp | 13.0 bp −$13 | 112.2 bp −$1,122 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.38 bp | 11.7 bp −$12 | 27.4 bp −$274 | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.6280cheapestBybit2.6432+0.578%Gate2.6440+0.609%
Injective
Bybit
GateOKX2.6450+0.647%
Extended2.6453+0.657%Paradex2.6453+0.657%Variational Omni2.6456+0.669%Polymarket Perps2.6456+0.670%BingX2.6459+0.681%Bitget2.6460+0.685%
Extended
Paradex
Variational Omni
Polymarket Perps
BingX
BitgetBinance2.6468+0.716%
Orderly2.6469+0.719%Deribit2.6470+0.723%MEXC2.6471+0.727%Reya2.6472+0.730%Aevo2.6472+0.731%GMX2.6475+0.742%Lighter2.6479+0.757%Aster2.6492+0.806%KuCoin2.6495+0.818%BloFin2.6495+0.818%dYdX2.6498+0.829%SunX2.6500+0.837%Hyperliquid2.6510+0.875%Backpack2.6514+0.890%Coinbase International2.6540+0.989%Kraken Futures2.6556+1.051%edgeX2.6572+1.112%ApeX Omni2.6584+1.157%
Orderly
Deribit
MEXC
Reya
Aevo
GMX
Lighter
Aster
KuCoin
BloFin
dYdX
SunX
Hyperliquid
Backpack
Coinbase International
Kraken Futures
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 | −0.643% | −0.3627% | 1h | $3K | $53K | 5.5x | as long as short |
| Bybit PENDLEUSDT | −0.068% | −0.0199% | 8h | $16.5M | $11.3M | 50x | as long as short |
| Gate PENDLE_USDT | −0.038% | −0.0026% | 8h | $825K | $1.0M | 75x | as long as short |
| OKX PENDLE-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $3.3M | $4.8M | 50x | |
| Extended PENDLE-USD | +0.010% | +0.0104% | 1h | $175K | $520K | 10x | as long as short |
| Paradex PENDLE-USD-PERP | +0.010% | +0.0100% | 8h | $37K | $31K | 10x | as long as short |
| Variational Omni PENDLE | +0.022% | −0.0228% | 8h | $885K | $2.1M | — | as long as short |
| Polymarket Perps PENDLE-USD | +0.023% | +0.0008% | 1h | $18K | $65K | 5x | as long as short |
| BingX PENDLE-USDT | +0.034% | +0.0100% | 8h | — | $34.1M | — | as long as short |
| Bitget PENDLEUSDT | +0.038% | +0.0100% | 8h | $4.0M | $2.6M | 75x | as long as short |