After costs, if the gap returns to its 7d average, $10k−$51
spread now+0.214%7d average+0.120%fees + slippage, in and out−$61spread needed0.608%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PENDLE-USDT-SWAP | 2.6580 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $3.3M | $4.8M | 50x |
| Short | Hyperliquid PENDLE | 2.6637 | 0.0100 | get 0.0013% / 1h | 7m 21s | $12.6M | $5.0M | 5x |
OKX PENDLE-USDT-SWAP
Hyperliquid 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
- $21.44
- Funding while held
- $0
- Slippage, 4 orders
- −$41.79
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$39.35
- Spread needed to break even
- 0.608%
Slippage from OKX: live order book, 2 min ago; Hyperliquid: live order book, 7 min ago.
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 OKX live order book, 2 min ago | 1.88 bp | 15.2 bp −$15 | 120.8 bp −$1,208 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 1.89 bp | 8.3 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni2.6424cheapestApeX Omni2.6445+0.078%Injective2.6500+0.286%edgeX2.6505+0.306%BloFin2.6513+0.336%Bybit2.6561+0.517%Paradex2.6571+0.555%Extended2.6574+0.568%
Variational Omni
ApeX Omni
Injective
BloFin
Bybit
Paradex
ExtendedOKX2.6580+0.589%
Gate2.6580+0.589%Binance2.6584+0.604%Bitget2.6584+0.604%BingX2.6584+0.604%Polymarket Perps2.6584+0.604%Orderly2.6586+0.612%dYdX2.6586+0.612%Reya2.6589+0.624%MEXC2.6592+0.635%GMX2.6594+0.642%Aevo2.6594+0.644%Lighter2.6597+0.653%KuCoin2.6598+0.657%Deribit2.6598+0.657%Aster2.6602+0.674%SunX2.6612+0.710%
Gate
Binance
Bitget
BingX
Polymarket Perps
Orderly
dYdX
Reya
MEXC
GMX
Aevo
Lighter
KuCoin
Deribit
Aster
SunXHyperliquid2.6637+0.805%
Backpack2.6645+0.835%Coinbase International2.6650+0.854%Kraken Futures2.6665+0.911%
Backpack
Coinbase International
Kraken FuturesPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni PENDLE | −0.586% | −0.0227% | 8h | $880K | $2.1M | — | as long as short |
| ApeX Omni PENDLEUSDT | −0.508% | +0.0002% | 1h | $80K | $234K | 50x | as long as short |
| Injective PENDLE/USDC PERP | −0.301% | −0.3627% | 1h | $3K | $52K | 5.5x | as long as short |
| edgeX PENDLEUSDC | −0.282% | +0.0100% | 4h | $26K | $415K | 10x | as long as short |
| BloFin PENDLE-USDT | −0.252% | +0.0078% | 8h | $1.5M | $835K | 75x | as long as short |
| Bybit PENDLEUSDT | −0.071% | −0.0197% | 8h | $16.5M | $11.3M | 50x | as long as short |
| Paradex PENDLE-USD-PERP | −0.034% | +0.0100% | 8h | $37K | $31K | 10x | as long as short |
| Extended PENDLE-USD | −0.021% | +0.0104% | 1h | $175K | $520K | 10x | as long as short |
| OKX PENDLE-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $3.3M | $4.8M | 50x | |
| Gate PENDLE_USDT | 0.000% | −0.0030% | 8h | $830K | $1.0M | 75x | as long as short |