Spread before costs (cost unknown: a leg has no order-book sample)−0.039%
7d average—if it closes, per $10,000$4funding while held, a day−$2.97
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex PENDLE-USD-PERP | 2.6150 | 0.0100 | pay 0.0100% / 8h | 11m 52s | $37K | $30K | 10x |
| Short | Gate PENDLE_USDT | 2.6140 | 0.0001 | get 0.0001% / 8h | 11m 52s | $813K | $1.1M | 75x |
Paradex PENDLE-USD-PERP
Gate 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
- −$3.95
- Funding while held
- −$2.97
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$25.92
- Spread needed to break even
- 0.190%
Slippage unknown: Paradex: no order-book sample; Gate: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0099%
- Per $10,000 a day
- −$2.97
- 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 2 min ago | 3.83 bp | 19.4 bp −$19 | 124.7 bp −$1,247 | doesn't fit | doesn't fit |
Paradex: 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.Injective2.5790cheapestVariational Omni2.6033+0.941%Bybit2.6121+1.283%ApeX Omni2.6126+1.303%edgeX2.6132+1.324%Bitget2.6135+1.338%BingX2.6139+1.353%OKX2.6140+1.357%
Injective
Variational Omni
Bybit
ApeX Omni
Bitget
BingX
OKXGate2.6140+1.357%
Polymarket Perps2.6143+1.369%Reya2.6144+1.373%Extended2.6145+1.376%Orderly2.6146+1.380%Binance2.6147+1.384%
Polymarket Perps
Reya
Extended
Orderly
BinanceParadex2.6150+1.397%
GMX2.6155+1.415%MEXC2.6155+1.415%Aevo2.6159+1.429%Deribit2.6163+1.446%Lighter2.6165+1.454%KuCoin2.6166+1.458%SunX2.6166+1.458%dYdX2.6167+1.462%Aster2.6168+1.465%Coinbase International2.6170+1.473%BloFin2.6182+1.520%Backpack2.6196+1.574%Hyperliquid2.6198+1.582%Kraken Futures2.6231+1.711%
GMX
MEXC
Aevo
Deribit
Lighter
KuCoin
SunX
dYdX
Aster
Coinbase International
BloFin
Backpack
Hyperliquid
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 | −1.378% | −0.1178% | 1h | $2K | $6K | 5.5x | as long as short |
| Variational Omni PENDLE | −0.449% | −0.0281% | 8h | $818K | $2.2M | — | as long as short |
| Bybit PENDLEUSDT | −0.112% | −0.0245% | 8h | $16.3M | $11.5M | 50x | as long as short |
| ApeX Omni PENDLEUSDT | −0.093% | +0.0100% | 1h | $79K | $236K | 50x | as long as short |
| edgeX PENDLEUSDC | −0.072% | +0.0100% | 4h | $26K | $418K | 10x | as long as short |
| Bitget PENDLEUSDT | −0.059% | +0.0100% | 8h | $3.9M | $2.6M | 75x | as long as short |
| BingX PENDLE-USDT | −0.043% | +0.0100% | 8h | — | $34.2M | — | as long as short |
| OKX PENDLE-USDT-SWAP | −0.039% | +0.0100% | 4h | $3.2M | $4.8M | 50x | as long as short |
| Gate PENDLE_USDTshort | −0.039% | +0.0001% | 8h | $813K | $1.1M | 75x | |
| Polymarket Perps PENDLE-USD | −0.028% | −0.0020% | 1h | $18K | $54K | 5x | as long as short |