data as of
Settings8H · net · $10k
Price arb /

PENDLE

all PENDLE markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.255%
7d averageif it closes, per $10,000$26funding while held, a day−$5.80
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo PENDLE-PERP2.55360.0096pay 0.0012% / 1h13m 53s$27K3x
ShortVariational Omni PENDLE2.5471−0.0097pay 0.0097% / 8h5h 13m$656K$2.2M

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$25.55
Funding while held
−$5.8
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$47.34
Spread needed to break even
0.160%
Slippage unknown: Aevo: no order-book sample; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0193%
Per $10,000 a day
$5.80
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Variational Omni RFQ quote, 2 min ago6.63 bpdoesn't fit70.2 bp −$702doesn't fitdoesn't fit
Aevo: 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.

PENDLE on 29 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective PENDLE/USDC PERP−1.786%−0.4421%1h$2K$7K5.5xas long as short
edgeX PENDLEUSDC−0.353%+0.0100%4h$25K$417K10xas long as short
ApeX Omni PENDLEUSDT−0.341%+0.0100%1h$78K$238K50xas long as short
Variational Omni PENDLEshort−0.255%−0.0097%8h$656K$2.2M
BloFin PENDLE-USDT−0.130%+0.0047%8h$1.4M$819K75xas long as short
Paradex PENDLE-USD-PERP−0.087%+0.0100%8h$36K$28K10xas long as short
SunX PENDLE-USDT−0.087%+0.0100%8h$2K$1.6M20xas long as short
dYdX PENDLE-USD−0.081%0.0000%1h$11K5xas long as short
Gate PENDLE_USDT−0.063%+0.0100%8h$818K$1.1M75xas long as short
Aster PENDLEUSDT−0.052%−0.0020%8h$52K$140K10xas long as short
Show all 29 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget PENDLEUSDT−0.048%+0.0100%8h$3.9M$2.6M75xas long as short
Kraken Futures PF_PENDLEUSD−0.041%+0.1430%1h$159K$251K20xas long as short
Reya PENDLERUSDPERP−0.035%+0.0022%1h$4K15xas long as short
BingX PENDLE-USDT−0.032%+0.0100%8h$34.3Mas long as short
MEXC PENDLE_USDT−0.024%+0.0051%8h$17.0M$2.2M125xas long as short
Binance PENDLEUSDT−0.007%+0.0052%8h$28.0M$36.4M75xas long as short
KuCoin PENDLEUSDTM−0.004%+0.0100%8h$936K$600K50xas long as short
Extended PENDLE-USD0.000%+0.0048%1h$168K$519K10xas long as short
Aevo PENDLE-PERPlong0.000%+0.0096%1h$27K3x
Lighter PENDLE+0.007%+0.0096%1h$558K$359K5xas long as short
Bybit PENDLEUSDT+0.011%+0.0100%8h$15.9M$12.0M50xas long as short
Deribit PENDLE_USDC-PERPETUAL+0.019%0.0000%1h$30K$11K10xas long as short
Orderly PERP_PENDLE_USDC+0.027%+0.0040%8h$20K$4K10xas long as short
OKX PENDLE-USDT-SWAP+0.054%+0.0100%4h$3.3M$5.4M50xas long as short
GMX PENDLE/USD [PENDLE-USDC]+0.059%L +0.0200% / S −0.0272%1h$5K100xas long as short
Polymarket Perps PENDLE-USD+0.066%+0.0100%1h$16K$30K5xas long as short
Coinbase International PENDLE-PERP-INTX+0.093%+0.0624%1h$116K$438K25xas long as short
Hyperliquid PENDLE+0.168%+0.0100%1h$12.3M$5.3M5xas long as short
Backpack PENDLE_USDC_PERP+0.207%+0.0640%1h$376K$460K15xas long as short