Spread before costs (cost unknown: a leg has no order-book sample)+0.043%
7d average—if it closes, per $10,000$4funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PENDLEUSDTM | 2.5535 | 0.0100 | pay 0.0100% / 8h | 7h 01m | $929K | $558K | 50x |
| Short | Polymarket Perps PENDLE-USD | 2.5546 | 0.0100 | get 0.0013% / 1h | 1m 09s | $16K | $30K | 5x |
KuCoin PENDLEUSDTM
Polymarket Perps PENDLE-USDPrice 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
- $4.31
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$15.69
- Spread needed to break even
- 0.200%
Slippage unknown: KuCoin: live order book, 49 min ago; Polymarket Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 49 min ago | 10.12 bp | 42.6 bp −$43 | 168.0 bp −$1,680 | doesn't fit | doesn't fit |
| Sell Polymarket Perps no order-book sample | — | — | — | — | — |
Polymarket Perps: 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.Injective2.5290cheapestBitget2.5513+0.882%Paradex2.5516+0.893%Extended2.5517+0.897%Gate2.5520+0.909%BingX2.5521+0.913%Aevo2.5521+0.913%Orderly2.5522+0.917%Binance2.5525+0.929%MEXC2.5526+0.933%Bybit2.5530+0.949%Deribit2.5534+0.965%
Injective
Bitget
Paradex
Extended
Gate
BingX
Aevo
Orderly
Binance
MEXC
Bybit
DeribitKuCoin2.5535+0.969%
BloFin2.5535+0.969%Lighter2.5536+0.973%OKX2.5540+0.989%GMX2.5541+0.991%Reya2.5541+0.992%Variational Omni2.5544+1.003%
BloFin
Lighter
OKX
GMX
Reya
Variational OmniPolymarket Perps2.5546+1.012%
Aster2.5550+1.028%SunX2.5560+1.068%ApeX Omni2.5568+1.099%dYdX2.5579+1.142%Backpack2.5580+1.147%Hyperliquid2.5591+1.190%Coinbase International2.5600+1.226%edgeX2.5617+1.291%Kraken Futures2.5622+1.312%
Aster
SunX
ApeX Omni
dYdX
Backpack
Hyperliquid
Coinbase International
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 | −0.959% | −0.1875% | 1h | $2K | $6K | 5.5x | as long as short |
| Bitget PENDLEUSDT | −0.086% | +0.0100% | 8h | $3.8M | $2.6M | 75x | as long as short |
| Paradex PENDLE-USD-PERP | −0.075% | +0.0100% | 8h | $36K | $30K | 10x | as long as short |
| Extended PENDLE-USD | −0.071% | +0.0072% | 1h | $168K | $520K | 10x | as long as short |
| Gate PENDLE_USDT | −0.059% | +0.0078% | 8h | $815K | $1.1M | 75x | as long as short |
| BingX PENDLE-USDT | −0.055% | +0.0100% | 8h | — | $34.2M | — | as long as short |
| Aevo PENDLE-PERP | −0.055% | +0.0104% | 1h | $27K | — | 3x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.051% | +0.0050% | 8h | $20K | $4K | 10x | as long as short |
| Binance PENDLEUSDT | −0.039% | +0.0074% | 8h | $28.0M | $34.4M | 75x | as long as short |
| MEXC PENDLE_USDT | −0.035% | +0.0079% | 8h | $16.8M | $2.2M | 125x | as long as short |