Spread before costs (cost unknown: a leg has no order-book sample)+0.022%
7d average—if it closes, per $10,000$2funding while held, a day−$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PENDLEUSDTM | 2.5633 | 0.0100 | pay 0.0100% / 8h | 6h 17m | $950K | $566K | 50x |
| Short | Aevo PENDLE-PERP | 2.5639 | 0.0096 | get 0.0012% / 1h | 17m 24s | $27K | — | 3x |
KuCoin PENDLEUSDTM
Aevo PENDLE-PERPPrice 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
- $2.19
- Funding while held
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$25.93
- Spread needed to break even
- 0.280%
Slippage unknown: KuCoin: live order book, 23 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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 KuCoin live order book, 23 min ago | 6.89 bp | 24.2 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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.Injective2.5290cheapestApeX Omni2.5597+1.214%Variational Omni2.5597+1.215%edgeX2.5598+1.220%BloFin2.5603+1.238%dYdX2.5612+1.274%Extended2.5613+1.278%Paradex2.5613+1.279%OKX2.5620+1.305%Gate2.5620+1.305%Bitget2.5621+1.309%BingX2.5623+1.317%Aster2.5623+1.317%Lighter2.5626+1.329%Bybit2.5627+1.333%Binance2.5627+1.334%
Injective
ApeX Omni
Variational Omni
BloFin
dYdX
Extended
Paradex
OKX
Gate
Bitget
BingX
Aster
Lighter
Bybit
BinanceKuCoin2.5633+1.356%
Orderly2.5635+1.364%Deribit2.5636+1.368%
Orderly
DeribitAevo2.5639+1.378%
Reya2.5640+1.382%Coinbase International2.5640+1.384%GMX2.5643+1.397%SunX2.5647+1.412%MEXC2.5649+1.420%Polymarket Perps2.5649+1.420%Backpack2.5677+1.530%Hyperliquid2.5680+1.542%Kraken Futures2.5694+1.598%
Reya
Coinbase International
GMX
SunX
MEXC
Polymarket Perps
Backpack
Hyperliquid
Kraken FuturesPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −1.338% | −0.4277% | 1h | $2K | $7K | 5.5x | as long as short |
| ApeX Omni PENDLEUSDT | −0.140% | +0.0100% | 1h | $78K | $238K | 50x | as long as short |
| Variational Omni PENDLE | −0.140% | −0.0200% | 8h | $661K | $2.2M | — | as long as short |
| edgeX PENDLEUSDC | −0.135% | +0.0100% | 4h | $25K | $416K | 10x | as long as short |
| BloFin PENDLE-USDT | −0.117% | +0.0077% | 8h | $1.4M | $816K | 75x | as long as short |
| dYdX PENDLE-USD | −0.081% | 0.0000% | 1h | $11K | — | 5x | as long as short |
| Extended PENDLE-USD | −0.077% | +0.0056% | 1h | $168K | $518K | 10x | as long as short |
| Paradex PENDLE-USD-PERP | −0.076% | +0.0100% | 8h | $36K | $29K | 10x | as long as short |
| OKX PENDLE-USDT-SWAP | −0.051% | +0.0100% | 4h | $3.3M | $5.2M | 50x | as long as short |
| Gate PENDLE_USDT | −0.051% | +0.0100% | 8h | $822K | $1.1M | 75x | as long as short |