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 | Paradex PENDLE-USD-PERP | 2.6489 | 0.0100 | pay 0.0100% / 8h | 1h 33m | $37K | $31K | 10x |
| Short | KuCoin PENDLEUSDTM | 2.6478 | 0.0100 | get 0.0100% / 8h | 1h 33m | $1.1M | $462K | 50x |
Paradex PENDLE-USD-PERP
KuCoin PENDLEUSDTMPrice 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
- −$4.3
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$20.3
- Spread needed to break even
- 0.160%
Slippage unknown: Paradex: no order-book sample; KuCoin: live order book, 8 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 8 min ago | 8.69 bp | 38.5 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
Paradex: 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.Variational Omni2.6429cheapestGate2.6450+0.081%Extended2.6451+0.087%Bybit2.6460+0.119%OKX2.6460+0.119%Aster2.6463+0.130%Bitget2.6463+0.130%BingX2.6466+0.142%BloFin2.6468+0.149%Binance2.6470+0.156%edgeX2.6473+0.166%Polymarket Perps2.6473+0.168%SunX2.6473+0.168%dYdX2.6473+0.170%Aevo2.6474+0.174%Reya2.6475+0.177%Orderly2.6476+0.180%MEXC2.6477+0.183%Deribit2.6477+0.183%
Variational Omni
Gate
Extended
Bybit
OKX
Aster
Bitget
BingX
BloFin
Binance
Polymarket Perps
SunX
dYdX
Aevo
Reya
Orderly
MEXC
DeribitKuCoin2.6478+0.187%
Lighter2.6479+0.191%GMX2.6482+0.201%
Lighter
GMXParadex2.6489+0.230%
ApeX Omni2.6492+0.240%Hyperliquid2.6499+0.267%Injective2.6520+0.346%Backpack2.6524+0.361%Kraken Futures2.6538+0.415%Coinbase International2.6540+0.422%
ApeX Omni
Hyperliquid
Injective
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 | |
|---|---|---|---|---|---|---|---|
| Variational Omni PENDLE | −0.230% | −0.0210% | 8h | $868K | $2.1M | — | as long as short |
| Gate PENDLE_USDT | −0.149% | −0.0030% | 8h | $824K | $1.0M | 75x | as long as short |
| Extended PENDLE-USD | −0.143% | +0.0104% | 1h | $174K | $520K | 10x | as long as short |
| Bybit PENDLEUSDT | −0.111% | −0.0182% | 8h | $16.5M | $11.2M | 50x | as long as short |
| OKX PENDLE-USDT-SWAP | −0.111% | +0.0100% | 4h | $3.3M | $4.8M | 50x | as long as short |
| Aster PENDLEUSDT | −0.100% | +0.0079% | 8h | $51K | $120K | 10x | as long as short |
| Bitget PENDLEUSDT | −0.100% | +0.0100% | 8h | $4.0M | $2.6M | 75x | as long as short |
| BingX PENDLE-USDT | −0.088% | +0.0100% | 8h | — | $34.1M | — | as long as short |
| BloFin PENDLE-USDT | −0.081% | +0.0106% | 8h | $1.5M | $833K | 75x | as long as short |
| Binance PENDLEUSDT | −0.074% | +0.0100% | 8h | $29.6M | $31.5M | 75x | as long as short |