After costs, if the gap returns to its 7d average, $10k−$68
spread now−0.039%7d average+0.003%fees + slippage, in and out−$64spread needed0.635%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PENDLE-USDT-SWAP | 2.5710 | 0.0100 | pay 0.0050% / 4h | 3h 22m | $3.3M | $5.1M | 50x |
| Short | BingX PENDLE-USDT | 2.5700 | 0.0100 | get 0.0100% / 8h | 7h 22m | — | $34.3M | — |
OKX PENDLE-USDT-SWAP
BingX 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
- −$3.89
- Funding while held
- $0
- Slippage, 4 orders
- −$43.52
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$67.41
- Spread needed to break even
- 0.635%
Slippage from OKX: live order book, 2 min ago; BingX: live order book, 8 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, 2 min ago | 1.94 bp | 18.2 bp −$18 | 136.7 bp −$1,367 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 2.71 bp | 12.8 bp −$13 | 23.4 bp −$234 | 134.9 bp −$13.5K | 386.1 bp −$193.1K |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5600cheapestBitget2.5679+0.309%Bybit2.5690+0.352%Reya2.5695+0.371%Gate2.5700+0.391%
Injective
Bitget
Bybit
Reya
GateBingX2.5700+0.391%
MEXC2.5702+0.398%KuCoin2.5704+0.406%
MEXC
KuCoinOKX2.5710+0.430%
Aster2.5711+0.434%Binance2.5711+0.434%Polymarket Perps2.5711+0.434%Extended2.5720+0.470%Orderly2.5722+0.477%Hyperliquid2.5748+0.578%Paradex2.5750+0.585%Lighter2.5757+0.613%BloFin2.5770+0.664%Aevo2.5773+0.676%Deribit2.5785+0.723%Variational Omni2.5785+0.724%GMX2.5787+0.732%ApeX Omni2.5793+0.754%dYdX2.5793+0.754%SunX2.5795+0.762%edgeX2.5798+0.774%Backpack2.5809+0.816%Coinbase International2.5810+0.820%Kraken Futures2.5853+0.989%
Aster
Binance
Polymarket Perps
Extended
Orderly
Hyperliquid
Paradex
Lighter
BloFin
Aevo
Deribit
Variational Omni
GMX
ApeX Omni
dYdX
SunX
Backpack
Coinbase International
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 | −0.428% | −0.1875% | 1h | $2K | $6K | 5.5x | as long as short |
| Bitget PENDLEUSDT | −0.121% | +0.0100% | 8h | $3.8M | $2.6M | 75x | as long as short |
| Bybit PENDLEUSDT | −0.078% | −0.0142% | 8h | $16.0M | $11.9M | 50x | as long as short |
| Reya PENDLERUSDPERP | −0.058% | +0.0012% | 1h | $4K | — | 15x | as long as short |
| Gate PENDLE_USDT | −0.039% | +0.0100% | 8h | $817K | $1.1M | 75x | as long as short |
| BingX PENDLE-USDTshort | −0.039% | +0.0100% | 8h | — | $34.3M | — | |
| MEXC PENDLE_USDT | −0.031% | +0.0099% | 8h | $16.8M | $2.1M | 125x | as long as short |
| KuCoin PENDLEUSDTM | −0.023% | +0.0100% | 8h | $949K | $534K | 50x | as long as short |
| OKX PENDLE-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $3.3M | $5.1M | 50x | |
| Aster PENDLEUSDT | +0.004% | +0.0005% | 8h | $51K | $130K | 10x | as long as short |