After costs, if the gap returns to its 7d average, $10k−$143
spread now+0.032%7d average+0.039%fees + slippage, in and out−$142spread needed1.419%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PENDLEUSDTM | 2.5557 | 0.0100 | pay 0.0100% / 8h | 6h 31m | $940K | $563K | 50x |
| Short | Aster PENDLEUSDT | 2.5565 | −0.0025 | pay 0.0025% / 8h | 6h 31m | $51K | $133K | 10x |
KuCoin PENDLEUSDTM
Aster PENDLEUSDTPrice 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
- $3.19
- Funding while held
- −$3.74
- Slippage, 4 orders
- −$121.86
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$142.41
- Spread needed to break even
- 1.419%
Slippage from KuCoin: live order book, 9 min ago; Aster: live order book, 23 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0125%
- Per $10,000 a day
- −$3.74
- 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, 9 min ago | 6.89 bp | 24.2 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 23 min ago | 2.74 bp | 13.0 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5110cheapestVariational Omni2.5497+1.541%Bybit2.5520+1.633%Aevo2.5526+1.655%BingX2.5527+1.661%OKX2.5530+1.673%Binance2.5532+1.680%Bitget2.5534+1.689%Orderly2.5534+1.689%MEXC2.5536+1.697%Gate2.5540+1.712%GMX2.5542+1.721%Reya2.5544+1.729%BloFin2.5549+1.748%edgeX2.5552+1.761%
Injective
Variational Omni
Bybit
Aevo
BingX
OKX
Binance
Bitget
Orderly
MEXC
Gate
GMX
Reya
BloFinKuCoin2.5557+1.780%
Extended2.5558+1.782%Paradex2.5560+1.790%
Extended
ParadexAster2.5565+1.813%
Lighter2.5570+1.832%dYdX2.5570+1.832%Deribit2.5572+1.840%Polymarket Perps2.5578+1.864%Hyperliquid2.5587+1.900%SunX2.5592+1.920%ApeX Omni2.5597+1.939%Backpack2.5611+1.995%Kraken Futures2.5628+2.065%Coinbase International2.5670+2.230%
Lighter
dYdX
Deribit
Polymarket Perps
Hyperliquid
SunX
ApeX Omni
Backpack
Kraken Futures
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 | −1.749% | −0.4277% | 1h | $2K | $7K | 5.5x | as long as short |
| Variational Omni PENDLE | −0.235% | −0.0225% | 8h | $659K | $2.2M | — | as long as short |
| Bybit PENDLEUSDT | −0.145% | +0.0100% | 8h | $15.9M | $11.7M | 50x | as long as short |
| Aevo PENDLE-PERP | −0.123% | +0.0096% | 1h | $27K | — | 3x | as long as short |
| BingX PENDLE-USDT | −0.117% | +0.0100% | 8h | — | $34.2M | — | as long as short |
| OKX PENDLE-USDT-SWAP | −0.106% | +0.0100% | 4h | $3.3M | $5.2M | 50x | as long as short |
| Binance PENDLEUSDT | −0.099% | +0.0062% | 8h | $28.0M | $35.0M | 75x | as long as short |
| Bitget PENDLEUSDT | −0.090% | +0.0100% | 8h | $3.8M | $2.6M | 75x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.090% | +0.0049% | 8h | $20K | $4K | 10x | as long as short |
| MEXC PENDLE_USDT | −0.082% | +0.0061% | 8h | $16.9M | $2.2M | 125x | as long as short |