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−$452
spread now+0.124%7d average+0.112%fees + slippage, in and out−$453spread needed4.531%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PENDLE-USD2.58240.0104pay 0.0013% / 1h33m 27s$171K$520K10x
ShortAster PENDLEUSDT2.58560.0012get 0.0012% / 8h7h 33m$51K$128K10x

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
$12.4
Funding while held
−$2.75
Slippage, 4 orders
−$440.15
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$443.5
Spread needed to break even
4.531%
Slippage from Extended: live order book, 11 min ago; Aster: live order book, 26 min ago.

Cost of waiting

funding view
Funding /8h
−0.0092%
Per $10,000 a day
$2.75
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 Extended live order book, 11 min ago1.15 bp14.3 bp −$14113.9 bp −$1,139doesn't fitdoesn't fit
Sell Aster live order book, 26 min ago4.25 bp147.2 bp −$147doesn't fitdoesn'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−0.866%−0.1875%1h$2K$6K5.5xas long as short
BloFin PENDLE-USDT−0.026%+0.0128%8h$1.4M$857K75xas long as short
Extended PENDLE-USDlong0.000%+0.0104%1h$171K$520K10x
Gate PENDLE_USDT+0.025%+0.0092%8h$816K$1.1M75xas long as short
Bitget PENDLEUSDT+0.025%+0.0100%8h$3.9M$2.6M75xas long as short
Paradex PENDLE-USD-PERP+0.027%+0.0100%8h$36K$30K10xas long as short
Bybit PENDLEUSDT+0.036%−0.0087%8h$16.1M$11.9M50xas long as short
KuCoin PENDLEUSDTM+0.052%+0.0100%8h$958K$530K50xas long as short
BingX PENDLE-USDT+0.056%+0.0100%8h$34.3Mas long as short
Reya PENDLERUSDPERP+0.066%+0.0011%1h$4K15xas long as short
Show all 29 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
edgeX PENDLEUSDC+0.067%+0.0100%4h$26K$417K10xas long as short
Aevo PENDLE-PERP+0.074%+0.0104%1h$27K3xas long as short
Variational Omni PENDLE+0.079%−0.0276%8h$671K$2.4Mas long as short
Binance PENDLEUSDT+0.082%+0.0100%8h$28.7M$33.9M75xas long as short
Polymarket Perps PENDLE-USD+0.091%+0.0100%1h$16K$44K5xas long as short
Orderly PERP_PENDLE_USDC+0.091%+0.0054%8h$20K$5K10xas long as short
SunX PENDLE-USDT+0.091%+0.0100%8h$2K$1.5M20xas long as short
Lighter PENDLE+0.098%+0.0096%1h$563K$351K5xas long as short
OKX PENDLE-USDT-SWAP+0.102%+0.0100%4h$3.2M$5.0M50xas long as short
GMX PENDLE/USD [PENDLE-USDC]+0.110%L +0.0200% / S −0.0272%1h$5K100xas long as short
MEXC PENDLE_USDT+0.114%+0.0100%8h$16.9M$2.1M125xas long as short
Deribit PENDLE_USDC-PERPETUAL+0.118%0.0000%1h$30K$11K10xas long as short
Aster PENDLEUSDTshort+0.124%+0.0012%8h$51K$128K10x
dYdX PENDLE-USD+0.178%0.0000%1h$11K5xas long as short
Hyperliquid PENDLE+0.222%+0.0100%1h$12.2M$5.2M5xas long as short
Backpack PENDLE_USDC_PERP+0.261%+0.0278%1h$373K$451K15xas long as short
ApeX Omni PENDLEUSDT+0.261%+0.0042%1h$79K$236K50xas long as short
Kraken Futures PF_PENDLEUSD+0.411%+0.1743%1h$163K$232K20xas long as short
Coinbase International PENDLE-PERP-INTX+0.606%+0.0432%1h$117K$430K25xas long as short