Spread before costs (cost unknown: a leg has no order-book sample)−0.061%
7d average—if it closes, per $10,000$6funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PENDLE-USD | 2.5406 | 0 | get 0.0000% / 1h | 20m 41s | $11K | — | 5x |
| Short | KuCoin PENDLEUSDTM | 2.5390 | 0.0100 | get 0.0100% / 8h | 5h 20m | $930K | $600K | 50x |
dYdX PENDLE-USD
KuCoin PENDLEUSDTMPrice 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
- −$6.1
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$25.1
- Spread needed to break even
- 0.220%
Slippage unknown: dYdX: no order-book sample; KuCoin: live order book, 10 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 dYdX no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 10 min ago | 5.10 bp | 86.9 bp −$87 | 178.2 bp −$1,782 | doesn't fit | doesn't fit |
dYdX: 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.Injective2.5280cheapestBloFin2.5352+0.285%Reya2.5354+0.294%Aevo2.5363+0.326%Aster2.5370+0.356%SunX2.5370+0.356%Orderly2.5371+0.360%Polymarket Perps2.5378+0.388%Deribit2.5378+0.388%MEXC2.5379+0.392%Bybit2.5380+0.396%Gate2.5380+0.396%Bitget2.5381+0.400%GMX2.5386+0.419%Binance2.5386+0.419%Kraken Futures2.5390+0.434%Lighter2.5390+0.435%
Injective
BloFin
Reya
Aevo
Aster
SunX
Orderly
Polymarket Perps
Deribit
MEXC
Bybit
Gate
Bitget
GMX
Binance
Kraken Futures
LighterKuCoin2.5390+0.435%
Paradex2.5390+0.436%Extended2.5395+0.456%OKX2.5400+0.475%BingX2.5400+0.475%Coinbase International2.5400+0.475%
Paradex
Extended
OKX
BingX
Coinbase InternationaldYdX2.5406+0.496%
ApeX Omni2.5421+0.558%Hyperliquid2.5426+0.578%edgeX2.5426+0.578%Backpack2.5429+0.589%Variational Omni2.5446+0.657%
ApeX Omni
Hyperliquid
Backpack
Variational OmniPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −0.494% | −0.4421% | 1h | $2K | $7K | 5.5x | as long as short |
| BloFin PENDLE-USDT | −0.211% | +0.0056% | 8h | $1.4M | $814K | 75x | as long as short |
| Reya PENDLERUSDPERP | −0.202% | +0.0022% | 1h | $4K | — | 15x | as long as short |
| Aevo PENDLE-PERP | −0.169% | +0.0096% | 1h | $27K | — | 3x | as long as short |
| Aster PENDLEUSDT | −0.140% | −0.0030% | 8h | $51K | $139K | 10x | as long as short |
| SunX PENDLE-USDT | −0.140% | +0.0100% | 8h | $2K | $1.6M | 20x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.136% | +0.0040% | 8h | $20K | $4K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | −0.108% | +0.0100% | 1h | $16K | $30K | 5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.108% | 0.0000% | 1h | $30K | $11K | 10x | as long as short |
| MEXC PENDLE_USDT | −0.104% | +0.0048% | 8h | $16.9M | $2.2M | 125x | as long as short |