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

PENDLE

all PENDLE markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$65
spread now−0.043%7d average−0.050%fees + slippage, in and out−$66spread needed0.660%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PENDLE-USDT2.55380.0100pay 0.0100% / 8h6h 01m$34.3M
ShortBitget PENDLEUSDT2.55270.0100get 0.0100% / 8h6h 01m$3.9M$2.7M75x

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
−$4.31
Funding while held
$0
Slippage, 4 orders
−$44.04
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$70.34
Spread needed to break even
0.660%
Slippage from BingX: live order book, 14 min ago; Bitget: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 14 min ago2.16 bp10.0 bp −$1024.2 bp −$242220.5 bp −$22.0K456.7 bp −$228.4K
Sell Bitget live order book, 3 min ago3.35 bp25.8 bp −$2651.7 bp −$517doesn't fitdoesn't fit

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−1.324%−0.4277%1h$2K$7K5.5xas long as short
ApeX Omni PENDLEUSDT−0.482%+0.0100%1h$78K$237K50xas long as short
edgeX PENDLEUSDC−0.449%+0.0100%4h$25K$417K10xas long as short
Variational Omni PENDLE−0.199%−0.0166%8h$659K$2.3Mas long as short
dYdX PENDLE-USD−0.158%0.0000%1h$11K5xas long as short
Paradex PENDLE-USD-PERP−0.081%+0.0100%8h$36K$29K10xas long as short
Aster PENDLEUSDT−0.081%−0.0034%8h$51K$138K10xas long as short
Gate PENDLE_USDT−0.070%+0.0100%8h$822K$1.1M75xas long as short
KuCoin PENDLEUSDTM−0.063%+0.0100%8h$937K$602K50xas long as short
Reya PENDLERUSDPERP−0.045%+0.0018%1h$4K15xas long as short
Show all 29 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget PENDLEUSDTshort−0.043%+0.0100%8h$3.9M$2.7M75x
Bybit PENDLEUSDT−0.039%+0.0100%8h$15.9M$12.0M50xas long as short
OKX PENDLE-USDT-SWAP−0.031%+0.0100%4h$3.3M$5.3M50xas long as short
Extended PENDLE-USD−0.015%+0.0056%1h$168K$519K10xas long as short
BingX PENDLE-USDTlong0.000%+0.0100%8h$34.3M
Polymarket Perps PENDLE-USD0.000%+0.0100%1h$16K$30K5xas long as short
Aevo PENDLE-PERP+0.002%+0.0096%1h$27K3xas long as short
SunX PENDLE-USDT+0.008%+0.0100%8h$2K$1.6M20xas long as short
GMX PENDLE/USD [PENDLE-USDC]+0.021%L +0.0200% / S −0.0272%1h$5K100xas long as short
Binance PENDLEUSDT+0.028%+0.0052%8h$28.0M$35.9M75xas long as short
Lighter PENDLE+0.035%+0.0096%1h$558K$364K5xas long as short
MEXC PENDLE_USDT+0.039%+0.0052%8h$17.0M$2.2M125xas long as short
Coinbase International PENDLE-PERP-INTX+0.047%+0.0592%1h$116K$463K25xas long as short
Orderly PERP_PENDLE_USDC+0.051%+0.0045%8h$20K$4K10xas long as short
BloFin PENDLE-USDT+0.051%+0.0022%8h$1.4M$816K75xas long as short
Deribit PENDLE_USDC-PERPETUAL+0.078%+0.0063%1h$30K$11K10xas long as short
Hyperliquid PENDLE+0.098%+0.0100%1h$12.2M$5.4M5xas long as short
Kraken Futures PF_PENDLEUSD+0.180%+0.2122%1h$157K$283K20xas long as short
Backpack PENDLE_USDC_PERP+0.243%+0.0699%1h$376K$462K15xas long as short