data as of
Settings8H · net · $10k
Price arb /

PENDLE

all PENDLE markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.074%
7d average−0.022%if it closes, per $10,000$7funding while held, a day+$0.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX PENDLE-USDT2.56360.0100pay 0.0100% / 8h7h 03m$2K$1.6M20x
ShortKuCoin PENDLEUSDTM2.56170.0100get 0.0100% / 8h7h 03m$932K$558K50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$7.41
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee SunX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$29.41
Spread needed to break even
0.220%
Slippage unknown: SunX: live order book, 7 min ago; KuCoin: live order book, 47 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 7 min ago500.30 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 47 min ago10.12 bp44.5 bp −$45doesn't fitdoesn't fitdoesn't fit

PENDLE price on every exchange

against the cheapest. Click to use as the short leg.

PENDLE on 29 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective PENDLE/USDC PERP−1.350%−0.1875%1h$2K$6K5.5xas long as short
ApeX Omni PENDLEUSDT−0.382%+0.0096%1h$78K$237K50xas long as short
Variational Omni PENDLE−0.360%−0.0266%8h$659K$2.2Mas long as short
Bybit PENDLEUSDT−0.335%−0.0061%8h$16.0M$11.8M50xas long as short
OKX PENDLE-USDT-SWAP−0.296%+0.0100%4h$3.3M$5.1M50xas long as short
Binance PENDLEUSDT−0.291%+0.0083%8h$28.1M$34.4M75xas long as short
MEXC PENDLE_USDT−0.277%+0.0082%8h$16.8M$2.2M125xas long as short
Extended PENDLE-USD−0.241%+0.0080%1h$168K$520K10xas long as short
Bitget PENDLEUSDT−0.238%+0.0100%8h$3.8M$2.6M75xas long as short
Aster PENDLEUSDT−0.200%−0.0009%8h$51K$134K10xas long as short
Show all 29 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
edgeX PENDLEUSDC−0.149%+0.0100%4h$25K$416K10xas long as short
Aevo PENDLE-PERP−0.140%+0.0104%1h$27K3xas long as short
BingX PENDLE-USDT−0.140%+0.0100%8h$34.2Mas long as short
Deribit PENDLE_USDC-PERPETUAL−0.137%0.0000%1h$30K$11K10xas long as short
Lighter PENDLE−0.133%+0.0096%1h$560K$359K5xas long as short
Orderly PERP_PENDLE_USDC−0.125%+0.0051%8h$20K$4K10xas long as short
Polymarket Perps PENDLE-USD−0.109%+0.0100%1h$16K$30K5xas long as short
Reya PENDLERUSDPERP−0.108%+0.0013%1h$4K15xas long as short
Gate PENDLE_USDT−0.101%+0.0100%8h$818K$1.1M75xas long as short
KuCoin PENDLEUSDTMshort−0.074%+0.0100%8h$932K$558K50x
Hyperliquid PENDLE−0.059%+0.0100%1h$12.3M$5.2M5xas long as short
Paradex PENDLE-USD-PERP−0.048%+0.0100%8h$36K$30K10xas long as short
BloFin PENDLE-USDT−0.047%+0.0062%8h$1.4M$854K75xas long as short
GMX PENDLE/USD [PENDLE-USDC]−0.043%L +0.0200% / S −0.0272%1h$5K100xas long as short
SunX PENDLE-USDTlong0.000%+0.0100%8h$2K$1.6M20x
dYdX PENDLE-USD+0.008%0.0000%1h$11K5xas long as short
Backpack PENDLE_USDC_PERP+0.043%+0.0275%1h$373K$451K15xas long as short
Coinbase International PENDLE-PERP-INTX+0.133%+0.0432%1h$114K$435K25xas long as short
Kraken Futures PF_PENDLEUSD+0.156%+0.1760%1h$157K$267K20xas long as short