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)+0.047%
7d average−0.002%if it closes, per $10,000$5funding while held, a day−$0.12
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX PENDLE-USDT2.55740.0100pay 0.0100% / 8h6h 34m$2K$1.6M20x
ShortLighter PENDLE2.55860.0096get 0.0012% / 1h34m 20s$559K$356K5x

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
$4.69
Funding while held
−$0.12
Slippage, 4 orders
no order book: not counted
Fee SunX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$5.43
Spread needed to break even
0.100%
Slippage unknown: SunX: live order book, 7 min ago; Lighter: live order book, 2 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0004%
Per $10,000 a day
$0.12
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 ago500.00 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 2 min ago9.77 bp10.7 bp −$11101.3 bp −$1,013doesn'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−1.814%−0.4277%1h$2K$7K5.5xas long as short
ApeX Omni PENDLEUSDT−0.633%+0.0100%1h$78K$238K50xas long as short
Variational Omni PENDLE−0.301%−0.0225%8h$659K$2.2Mas long as short
edgeX PENDLEUSDC−0.189%+0.0100%4h$25K$416K10xas long as short
MEXC PENDLE_USDT−0.133%+0.0059%8h$16.9M$2.2M125xas long as short
Bitget PENDLEUSDT−0.129%+0.0100%8h$3.8M$2.6M75xas long as short
Extended PENDLE-USD−0.127%+0.0064%1h$168K$518K10xas long as short
Binance PENDLEUSDT−0.106%+0.0062%8h$28.0M$35.0M75xas long as short
Reya PENDLERUSDPERP−0.103%+0.0016%1h$4K15xas long as short
Bybit PENDLEUSDT−0.094%+0.0100%8h$15.9M$11.7M50xas long as short
Show all 29 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Deribit PENDLE_USDC-PERPETUAL−0.059%0.0000%1h$30K$11K10xas long as short
Aevo PENDLE-PERP−0.057%+0.0096%1h$27K3xas long as short
Orderly PERP_PENDLE_USDC−0.035%+0.0049%8h$20K$4K10xas long as short
GMX PENDLE/USD [PENDLE-USDC]−0.030%L +0.0200% / S −0.0272%1h$5K100xas long as short
OKX PENDLE-USDT-SWAP−0.016%+0.0100%4h$3.3M$5.2M50xas long as short
BingX PENDLE-USDT−0.012%+0.0100%8h$34.3Mas long as short
SunX PENDLE-USDTlong0.000%+0.0100%8h$2K$1.6M20x
KuCoin PENDLEUSDTM+0.008%+0.0100%8h$941K$563K50xas long as short
Paradex PENDLE-USD-PERP+0.018%+0.0100%8h$36K$29K10xas long as short
Polymarket Perps PENDLE-USD+0.020%+0.0100%1h$16K$30K5xas long as short
Gate PENDLE_USDT+0.023%+0.0100%8h$821K$1.1M75xas long as short
Hyperliquid PENDLE+0.035%+0.0100%1h$12.3M$5.3M5xas long as short
Lighter PENDLEshort+0.047%+0.0096%1h$559K$356K5x
Aster PENDLEUSDT+0.062%−0.0024%8h$52K$133K10xas long as short
dYdX PENDLE-USD+0.084%0.0000%1h$11K5xas long as short
BloFin PENDLE-USDT+0.113%+0.0075%8h$1.4M$851K75xas long as short
Kraken Futures PF_PENDLEUSD+0.131%+0.2120%1h$155K$269K20xas long as short
Backpack PENDLE_USDC_PERP+0.305%+0.0739%1h$375K$458K15xas long as short
Coinbase International PENDLE-PERP-INTX+0.375%+0.0592%1h$116K$435K25xas long as short