Spread before costs (cost unknown: a leg has no order-book sample)−0.047%
7d average+0.177%if it closes, per $10,000$5funding while held, a day+$46.63
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PENDLE | 2.5546 | −0.0124 | get 0.0124% / 8h | 5h 34m | $658K | $2.2M | — |
| Short | Kraken Futures PF_PENDLEUSD | 2.5534 | 0.1430 | get 0.0179% / 1h | 34m 51s | $159K | $253K | 20x |
Variational Omni PENDLE
Kraken Futures PF_PENDLEUSDPrice 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
- −$4.74
- Funding while held
- $46.63
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $31.89
- Spread needed to break even
- 0.100%
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Kraken Futures: live order book, 64 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1554%
- Per $10,000 a day
- +$46.63
- 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 Variational Omni RFQ quote, 1 min ago | 4.66 bp | doesn't fit | 86.2 bp −$862 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 64 min ago | 5.88 bp | 40.1 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5280cheapestExtended2.5498+0.862%MEXC2.5504+0.886%Bitget2.5507+0.898%Bybit2.5510+0.910%Aevo2.5516+0.932%Paradex2.5516+0.935%Binance2.5517+0.937%BingX2.5518+0.941%OKX2.5520+0.949%SunX2.5526+0.973%Lighter2.5528+0.981%Orderly2.5528+0.981%BloFin2.5528+0.981%
Injective
Extended
MEXC
Bitget
Bybit
Aevo
Paradex
Binance
BingX
OKX
SunX
Lighter
Orderly
BloFinKraken Futures2.5534+1.004%
Deribit2.5534+1.005%Reya2.5536+1.013%Aster2.5539+1.023%Gate2.5540+1.028%KuCoin2.5541+1.032%GMX2.5541+1.033%
Deribit
Reya
Aster
Gate
KuCoin
GMXVariational Omni2.5546+1.052%
Polymarket Perps2.5556+1.092%Hyperliquid2.5563+1.119%dYdX2.5564+1.123%Backpack2.5570+1.147%edgeX2.5578+1.180%ApeX Omni2.5581+1.191%Coinbase International2.5720+1.741%
Polymarket Perps
Hyperliquid
dYdX
Backpack
ApeX Omni
Coinbase InternationalPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −1.041% | −0.4421% | 1h | $2K | $7K | 5.5x | as long as short |
| Extended PENDLE-USD | −0.188% | +0.0064% | 1h | $168K | $519K | 10x | as long as short |
| MEXC PENDLE_USDT | −0.164% | +0.0063% | 8h | $17.0M | $2.1M | 125x | as long as short |
| Bitget PENDLEUSDT | −0.152% | +0.0100% | 8h | $3.9M | $2.6M | 75x | as long as short |
| Bybit PENDLEUSDT | −0.141% | +0.0100% | 8h | $15.9M | $11.9M | 50x | as long as short |
| Aevo PENDLE-PERP | −0.119% | +0.0096% | 1h | $27K | — | 3x | as long as short |
| Paradex PENDLE-USD-PERP | −0.115% | +0.0100% | 8h | $36K | $28K | 10x | as long as short |
| Binance PENDLEUSDT | −0.113% | +0.0062% | 8h | $28.0M | $36.0M | 75x | as long as short |
| BingX PENDLE-USDT | −0.109% | +0.0100% | 8h | — | $34.3M | — | as long as short |
| OKX PENDLE-USDT-SWAP | −0.101% | +0.0100% | 4h | $3.3M | $5.3M | 50x | as long as short |