data as of
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Price arb /

PENDLE

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$75
spread now−0.334%7d average−0.094%fees + slippage, in and out−$51spread needed0.508%
Long on BloFinShort on Extended
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PENDLE-USDT2.56520.0091pay 0.0091% / 8h7h 19m$1.4M$850K75x
ShortExtended PENDLE-USD2.55660.0096get 0.0012% / 1h19m 50s$169K$520K10x

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
−$33.43
Funding while held
$0.16
Slippage, 4 orders
−$33.85
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$84.13
Spread needed to break even
0.508%
Slippage from BloFin: live order book, 4 min ago; Extended: live order book, 24 min ago.

Cost of waiting

funding view
Funding /8h
+0.0005%
Per $10,000 a day
+$0.16
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 BloFin live order book, 4 min ago0.19 bp11.1 bp −$1122.7 bp −$227doesn't fitdoesn't fit
Sell Extended live order book, 24 min ago1.15 bp13.2 bp −$13105.0 bp −$1,050doesn't fitdoesn't fit

PENDLE price on every exchange

against the cheapest. Click to use as the short leg.
Bybit2.5544cheapestBitget2.5546+0.008%
Extended2.5566+0.087%
BingX2.5569+0.098%Binance2.5574+0.117%Lighter2.5580+0.141%Reya2.5581+0.144%Aevo2.5581+0.146%Orderly2.5586+0.164%Gate2.5590+0.180%MEXC2.5591+0.184%Aster2.5596+0.204%Deribit2.5599+0.215%OKX2.5600+0.219%Injective2.5600+0.219%GMX2.5604+0.234%SunX2.5606+0.243%Paradex2.5612+0.267%Polymarket Perps2.5616+0.282%Hyperliquid2.5617+0.286%Backpack2.5618+0.290%Coinbase International2.5620+0.298%KuCoin2.5621+0.301%dYdX2.5622+0.306%Kraken Futures2.5641+0.378%
BloFin2.5652+0.423%
Variational Omni2.5666+0.477%edgeX2.5777+0.911%ApeX Omni2.5793+0.975%

PENDLE on 29 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit PENDLEUSDT−0.421%−0.0180%8h$15.9M$11.9M50xas long as short
Bitget PENDLEUSDT−0.413%+0.0100%8h$3.8M$2.6M75xas long as short
Extended PENDLE-USDshort−0.334%+0.0096%1h$169K$520K10x
BingX PENDLE-USDT−0.324%+0.0100%8h—$34.3M—as long as short
Binance PENDLEUSDT−0.304%+0.0092%8h$28.3M$34.0M75xas long as short
Lighter PENDLE−0.281%+0.0096%1h$558K$356K5xas long as short
Reya PENDLERUSDPERP−0.278%+0.0012%1h$4K—15xas long as short
Aevo PENDLE-PERP−0.276%+0.0104%1h$27K—3xas long as short
Orderly PERP_PENDLE_USDC−0.257%+0.0053%8h$20K$4K10xas long as short
Gate PENDLE_USDT−0.242%+0.0100%8h$814K$1.1M75xas long as short
Show all 29 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
MEXC PENDLE_USDT−0.238%+0.0097%8h$16.7M$2.1M125xas long as short
Aster PENDLEUSDT−0.218%−0.0006%8h$51K$130K10xas long as short
Deribit PENDLE_USDC-PERPETUAL−0.207%0.0000%1h$30K$11K10xas long as short
OKX PENDLE-USDT-SWAP−0.203%+0.0100%4h$3.3M$5.1M50xas long as short
Injective PENDLE/USDC PERP−0.203%−0.1875%1h$2K$6K5.5xas long as short
GMX PENDLE/USD [PENDLE-USDC]−0.188%L +0.0200% / S −0.0272%1h$5K—100xas long as short
SunX PENDLE-USDT−0.179%+0.0100%8h$1K$1.5M20xas long as short
Paradex PENDLE-USD-PERP−0.156%+0.0100%8h$36K$30K10xas long as short
Polymarket Perps PENDLE-USD−0.140%+0.0100%1h$16K$39K5xas long as short
Hyperliquid PENDLE−0.136%+0.0100%1h$12.2M$5.2M5xas long as short
Backpack PENDLE_USDC_PERP−0.133%+0.0260%1h$372K$452K15xas long as short
Coinbase International PENDLE-PERP-INTX−0.125%+0.0432%1h$115K$429K25xas long as short
KuCoin PENDLEUSDTM−0.121%+0.0100%8h$956K$543K50xas long as short
dYdX PENDLE-USD−0.116%0.0000%1h$11K—5xas long as short
Kraken Futures PF_PENDLEUSD−0.045%+0.1762%1h$161K$232K20xas long as short
BloFin PENDLE-USDTlong0.000%+0.0091%8h$1.4M$850K75x
Variational Omni PENDLE+0.054%−0.0271%8h$663K$2.3M—as long as short
edgeX PENDLEUSDC+0.486%+0.0100%4h$26K$416K10xas long as short
ApeX Omni PENDLEUSDT+0.550%+0.0064%1h$78K$237K50xas long as short