Spread before costs (cost unknown: a leg has no order-book sample)+0.039%
7d average+0.107%if it closes, per $10,000$4funding while held, a day+$9.96
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PENDLE-USDT-SWAP | 2.5610 | 0.0100 | pay 0.0050% / 4h | 3h 19m | $3.3M | $5.1M | 50x |
| Short | Coinbase International PENDLE-PERP-INTX | 2.5620 | 0.0432 | get 0.0054% / 1h | 19m 32s | $115K | $429K | 25x |
OKX PENDLE-USDT-SWAP
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
- $3.9
- Funding while held
- $9.96
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$6.14
- Spread needed to break even
- 0.200%
Slippage unknown: OKX: live order book, 5 min ago; Coinbase International: live order book, 25 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0332%
- Per $10,000 a day
- +$9.96
- 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, 5 min ago | 1.94 bp | 18.2 bp −$18 | 136.7 bp −$1,367 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 25 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.Bitget2.5547cheapestExtended2.5562+0.059%MEXC2.5562+0.059%BingX2.5569+0.086%Bybit2.5571+0.094%Paradex2.5572+0.098%Lighter2.5580+0.129%Gate2.5580+0.129%Reya2.5581+0.132%Aevo2.5581+0.134%Binance2.5583+0.141%Orderly2.5586+0.153%KuCoin2.5593+0.180%Aster2.5593+0.182%Deribit2.5599+0.204%Injective2.5600+0.207%GMX2.5604+0.222%SunX2.5606+0.231%
Bitget
Extended
MEXC
BingX
Bybit
Paradex
Lighter
Gate
Reya
Aevo
Binance
Orderly
KuCoin
Aster
Deribit
Injective
GMX
SunXOKX2.5610+0.247%
Polymarket Perps2.5616+0.270%Hyperliquid2.5617+0.274%Backpack2.5618+0.278%
Polymarket Perps
Hyperliquid
BackpackCoinbase International2.5620+0.286%
dYdX2.5622+0.295%Kraken Futures2.5641+0.366%BloFin2.5652+0.411%Variational Omni2.5666+0.465%ApeX Omni2.5677+0.509%edgeX2.5777+0.899%
dYdX
Kraken Futures
BloFin
Variational Omni
ApeX OmniPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget PENDLEUSDT | −0.246% | +0.0100% | 8h | $3.8M | $2.6M | 75x | as long as short |
| Extended PENDLE-USD | −0.187% | +0.0096% | 1h | $168K | $520K | 10x | as long as short |
| MEXC PENDLE_USDT | −0.187% | +0.0097% | 8h | $16.6M | $2.1M | 125x | as long as short |
| BingX PENDLE-USDT | −0.160% | +0.0100% | 8h | — | $34.3M | — | as long as short |
| Bybit PENDLEUSDT | −0.152% | −0.0180% | 8h | $16.0M | $11.9M | 50x | as long as short |
| Paradex PENDLE-USD-PERP | −0.148% | +0.0100% | 8h | $36K | $30K | 10x | as long as short |
| Lighter PENDLE | −0.117% | +0.0096% | 1h | $558K | $356K | 5x | as long as short |
| Gate PENDLE_USDT | −0.117% | +0.0100% | 8h | $814K | $1.1M | 75x | as long as short |
| Reya PENDLERUSDPERP | −0.114% | +0.0012% | 1h | $4K | — | 15x | as long as short |
| Aevo PENDLE-PERP | −0.112% | +0.0104% | 1h | $27K | — | 3x | as long as short |