Spread before costs (cost unknown: a leg has no order-book sample)−0.035%
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 | Polymarket Perps PENDLE-USD | 2.5420 | 0.0100 | pay 0.0013% / 1h | 22m 13s | $16K | $30K | 5x |
| Short | KuCoin PENDLEUSDTM | 2.5411 | 0.0100 | get 0.0100% / 8h | 5h 22m | $930K | $599K | 50x |
Polymarket Perps PENDLE-USD
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
- −$3.54
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$23.54
- Spread needed to break even
- 0.200%
Slippage unknown: Polymarket Perps: 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 Polymarket Perps no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 8 min ago | 5.10 bp | 86.9 bp −$87 | 178.2 bp −$1,782 | doesn't fit | doesn't fit |
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.Injective2.5280cheapestBybit2.5332+0.206%BingX2.5335+0.218%Bitget2.5339+0.233%Extended2.5341+0.242%Aevo2.5351+0.280%Orderly2.5355+0.297%OKX2.5360+0.316%Binance2.5360+0.317%Deribit2.5363+0.328%Kraken Futures2.5370+0.357%Reya2.5395+0.456%MEXC2.5400+0.475%Coinbase International2.5400+0.475%GMX2.5402+0.481%SunX2.5404+0.491%Paradex2.5406+0.499%Gate2.5410+0.514%Aster2.5411+0.518%
Injective
Bybit
BingX
Bitget
Extended
Aevo
Orderly
OKX
Binance
Deribit
Kraken Futures
Reya
MEXC
Coinbase International
GMX
SunX
Paradex
Gate
AsterKuCoin2.5411+0.518%
BloFin2.5412+0.522%Lighter2.5420+0.554%
BloFin
LighterPolymarket Perps2.5420+0.554%
edgeX2.5426+0.578%dYdX2.5428+0.586%Hyperliquid2.5437+0.621%ApeX Omni2.5438+0.625%Variational Omni2.5446+0.657%Backpack2.5467+0.740%
dYdX
Hyperliquid
ApeX Omni
Variational Omni
BackpackPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −0.551% | −0.4421% | 1h | $2K | $7K | 5.5x | as long as short |
| Bybit PENDLEUSDT | −0.346% | +0.0100% | 8h | $15.8M | $11.9M | 50x | as long as short |
| BingX PENDLE-USDT | −0.334% | +0.0100% | 8h | — | $34.2M | — | as long as short |
| Bitget PENDLEUSDT | −0.319% | +0.0100% | 8h | $3.8M | $2.6M | 75x | as long as short |
| Extended PENDLE-USD | −0.310% | +0.0048% | 1h | $167K | $519K | 10x | as long as short |
| Aevo PENDLE-PERP | −0.273% | +0.0096% | 1h | $27K | — | 3x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.256% | +0.0040% | 8h | $20K | $4K | 10x | as long as short |
| OKX PENDLE-USDT-SWAP | −0.236% | +0.0100% | 4h | $3.3M | $5.3M | 50x | as long as short |
| Binance PENDLEUSDT | −0.236% | +0.0051% | 8h | $27.8M | $36.0M | 75x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.224% | 0.0000% | 1h | $30K | $11K | 10x | as long as short |