After costs, if the gap returns to its 7d average, $10k−$185
spread now−0.300%7d average−0.135%fees + slippage, in and out−$168spread needed1.682%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PENDLEUSD | 2.5612 | 0.1764 | pay 0.0221% / 1h | 59m 44s | $156K | $267K | 20x |
| Short | BloFin PENDLE-USDT | 2.5535 | 0.0048 | get 0.0048% / 8h | 6h 59m | $1.4M | $849K | 75x |
Kraken Futures PF_PENDLEUSD
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
- −$29.98
- Funding while held
- −$51.48
- Slippage, 4 orders
- −$146.2
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$249.65
- Spread needed to break even
- 1.682%
Slippage from Kraken Futures: live order book, 44 min ago; BloFin: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.1716%
- Per $10,000 a day
- −$51.48
- 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 Kraken Futures live order book, 44 min ago | 15.37 bp | 97.6 bp −$98 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.59 bp | 9.5 bp −$10 | 21.5 bp −$215 | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5290cheapestBitget2.5503+0.842%BingX2.5510+0.870%Variational Omni2.5514+0.887%Paradex2.5519+0.906%Bybit2.5520+0.909%Gate2.5520+0.909%Extended2.5526+0.935%Aevo2.5528+0.943%Orderly2.5532+0.957%Reya2.5533+0.959%MEXC2.5534+0.965%Binance2.5535+0.969%
Injective
Bitget
BingX
Variational Omni
Paradex
Bybit
Gate
Extended
Aevo
Orderly
Reya
MEXC
BinanceBloFin2.5535+0.969%
Lighter2.5540+0.989%OKX2.5540+0.989%KuCoin2.5541+0.992%Polymarket Perps2.5541+0.992%Deribit2.5542+0.996%GMX2.5543+1.000%Aster2.5550+1.028%SunX2.5567+1.095%ApeX Omni2.5568+1.099%Hyperliquid2.5574+1.123%dYdX2.5575+1.126%Backpack2.5579+1.143%Coinbase International2.5600+1.226%
Lighter
OKX
KuCoin
Polymarket Perps
Deribit
GMX
Aster
SunX
ApeX Omni
Hyperliquid
dYdX
Backpack
Coinbase InternationalKraken Futures2.5612+1.272%
edgeX2.5617+1.291%PENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −1.256% | −0.1875% | 1h | $2K | $6K | 5.5x | as long as short |
| Bitget PENDLEUSDT | −0.425% | +0.0100% | 8h | $3.8M | $2.6M | 75x | as long as short |
| BingX PENDLE-USDT | −0.397% | +0.0100% | 8h | — | $34.2M | — | as long as short |
| Variational Omni PENDLE | −0.380% | −0.0259% | 8h | $659K | $2.2M | — | as long as short |
| Paradex PENDLE-USD-PERP | −0.362% | +0.0100% | 8h | $36K | $30K | 10x | as long as short |
| Bybit PENDLEUSDT | −0.358% | −0.0061% | 8h | $16.0M | $11.8M | 50x | as long as short |
| Gate PENDLE_USDT | −0.358% | +0.0029% | 8h | $815K | $1.1M | 75x | as long as short |
| Extended PENDLE-USD | −0.333% | +0.0072% | 1h | $168K | $520K | 10x | as long as short |
| Aevo PENDLE-PERP | −0.325% | +0.0096% | 1h | $27K | — | 3x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.311% | +0.0050% | 8h | $20K | $4K | 10x | as long as short |