After costs, if the gap returns to its 7d average, $10k−$33
spread now+0.070%7d average−0.095%fees + slippage, in and out−$50spread needed0.496%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PENDLE | 2.5569 | 0.0100 | pay 0.0013% / 1h | 58m 27s | $12.3M | $5.4M | 5x |
| Short | BloFin PENDLE-USDT | 2.5587 | 0.0087 | get 0.0087% / 8h | 5h 58m | $1.4M | $818K | 75x |
Hyperliquid PENDLE
BloFin PENDLE-USDTPrice 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
- $7.04
- Funding while held
- −$0.4
- Slippage, 4 orders
- −$28.62
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$42.98
- Spread needed to break even
- 0.496%
Slippage from Hyperliquid: live order book, 6 min ago; BloFin: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0013%
- Per $10,000 a day
- −$0.40
- 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 Hyperliquid live order book, 6 min ago | 2.16 bp | 11.7 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 0.39 bp | 13.7 bp −$14 | 27.4 bp −$274 | 54.8 bp −$5,485 | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5280cheapestedgeX2.5423+0.567%Variational Omni2.5497+0.860%Extended2.5511+0.912%Bybit2.5514+0.926%ApeX Omni2.5515+0.930%Bitget2.5518+0.941%Binance2.5522+0.957%Paradex2.5526+0.972%MEXC2.5529+0.985%OKX2.5530+0.989%KuCoin2.5533+1.001%Reya2.5534+1.005%Lighter2.5537+1.017%Gate2.5550+1.068%Polymarket Perps2.5550+1.068%Aster2.5550+1.069%BingX2.5554+1.084%
Injective
Variational Omni
Extended
Bybit
ApeX Omni
Bitget
Binance
Paradex
MEXC
OKX
KuCoin
Reya
Lighter
Gate
Polymarket Perps
Aster
BingXHyperliquid2.5569+1.143%
dYdX2.5572+1.154%GMX2.5582+1.195%SunX2.5584+1.203%Aevo2.5586+1.209%
dYdX
GMX
SunX
AevoBloFin2.5587+1.214%
Kraken Futures2.5588+1.217%Orderly2.5588+1.218%Deribit2.5593+1.238%Backpack2.5628+1.377%Coinbase International2.5630+1.384%
Kraken Futures
Orderly
Deribit
Backpack
Coinbase InternationalPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −1.130% | −0.4421% | 1h | $2K | $7K | 5.5x | as long as short |
| edgeX PENDLEUSDC | −0.570% | +0.0100% | 4h | $25K | $417K | 10x | as long as short |
| Variational Omni PENDLE | −0.280% | −0.0161% | 8h | $657K | $2.3M | — | as long as short |
| Extended PENDLE-USD | −0.229% | +0.0056% | 1h | $168K | $519K | 10x | as long as short |
| Bybit PENDLEUSDT | −0.215% | +0.0100% | 8h | $15.9M | $12.0M | 50x | as long as short |
| ApeX Omni PENDLEUSDT | −0.211% | +0.0100% | 1h | $78K | $237K | 50x | as long as short |
| Bitget PENDLEUSDT | −0.199% | +0.0100% | 8h | $3.9M | $2.7M | 75x | as long as short |
| Binance PENDLEUSDT | −0.184% | +0.0058% | 8h | $28.0M | $35.9M | 75x | as long as short |
| Paradex PENDLE-USD-PERP | −0.169% | +0.0100% | 8h | $36K | $29K | 10x | as long as short |
| MEXC PENDLE_USDT | −0.156% | +0.0057% | 8h | $17.0M | $2.1M | 125x | as long as short |