After costs, if the gap returns to its 7d average, $10k−$132
spread now−0.060%7d average−0.133%fees + slippage, in and out−$139spread needed1.392%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PENDLEUSD | 2.5634 | 0.2118 | pay 0.0265% / 1h | 16m 00s | $156K | $269K | 20x |
| Short | Lighter PENDLE | 2.5619 | 0.0096 | get 0.0012% / 1h | 16m 00s | $560K | $356K | 5x |
Kraken Futures PF_PENDLEUSD
Lighter PENDLEPrice 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
- −$6.02
- Funding while held
- −$60.65
- Slippage, 4 orders
- −$129.22
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$205.89
- Spread needed to break even
- 1.392%
Slippage from Kraken Futures: live order book, 23 min ago; Lighter: live order book, 20 min ago.
Cost of waiting
funding view- Funding /8h
- −0.2022%
- Per $10,000 a day
- −$60.65
- 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, 23 min ago | 5.88 bp | 74.7 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 20 min ago | 9.77 bp | 10.7 bp −$11 | 101.3 bp −$1,013 | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5290cheapestApeX Omni2.5597+1.214%Variational Omni2.5597+1.215%edgeX2.5598+1.220%Paradex2.5606+1.249%Extended2.5606+1.250%Bitget2.5609+1.261%Aster2.5609+1.262%Aevo2.5610+1.267%MEXC2.5612+1.273%BingX2.5614+1.281%Binance2.5616+1.289%Bybit2.5617+1.293%BloFin2.5617+1.293%KuCoin2.5618+1.297%Reya2.5618+1.298%
Injective
ApeX Omni
Variational Omni
Paradex
Extended
Bitget
Aster
Aevo
MEXC
BingX
Binance
Bybit
BloFin
KuCoin
ReyaLighter2.5619+1.301%
Orderly2.5619+1.301%SunX2.5619+1.301%Gate2.5620+1.305%Polymarket Perps2.5626+1.329%Deribit2.5626+1.329%GMX2.5630+1.342%
Orderly
SunX
Gate
Polymarket Perps
Deribit
GMXKraken Futures2.5634+1.362%
dYdX2.5636+1.367%OKX2.5640+1.384%Hyperliquid2.5662+1.471%Coinbase International2.5670+1.503%Backpack2.5673+1.514%
dYdX
OKX
Hyperliquid
Coinbase International
BackpackPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −1.344% | −0.4277% | 1h | $2K | $7K | 5.5x | as long as short |
| ApeX Omni PENDLEUSDT | −0.146% | +0.0100% | 1h | $78K | $238K | 50x | as long as short |
| Variational Omni PENDLE | −0.145% | −0.0200% | 8h | $661K | $2.2M | — | as long as short |
| edgeX PENDLEUSDC | −0.140% | +0.0100% | 4h | $25K | $416K | 10x | as long as short |
| Paradex PENDLE-USD-PERP | −0.111% | +0.0100% | 8h | $36K | $29K | 10x | as long as short |
| Extended PENDLE-USD | −0.111% | +0.0056% | 1h | $168K | $518K | 10x | as long as short |
| Bitget PENDLEUSDT | −0.099% | +0.0100% | 8h | $3.8M | $2.5M | 75x | as long as short |
| Aster PENDLEUSDT | −0.098% | −0.0024% | 8h | $52K | $133K | 10x | as long as short |
| Aevo PENDLE-PERP | −0.093% | +0.0096% | 1h | $27K | — | 3x | as long as short |
| MEXC PENDLE_USDT | −0.088% | +0.0057% | 8h | $17.0M | $2.2M | 125x | as long as short |