Spread before costs (cost unknown: a leg has no order-book sample)−0.097%
7d average+0.034%if it closes, per $10,000$10funding while held, a day+$6.73
| 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 30m | $658K | $2.2M | — |
| Short | KuCoin PENDLEUSDTM | 2.5521 | 0.0100 | get 0.0100% / 8h | 5h 30m | $935K | $603K | 50x |
Variational Omni PENDLE
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
- −$9.74
- Funding while held
- $6.73
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$15.01
- Spread needed to break even
- 0.120%
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; KuCoin: live order book, 70 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0224%
- Per $10,000 a day
- +$6.73
- 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, 5 min ago | 4.66 bp | doesn't fit | 86.2 bp −$862 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 70 min ago | 6.89 bp | 32.9 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5280cheapestApeX Omni2.5497+0.858%Extended2.5499+0.868%Bybit2.5500+0.870%Paradex2.5500+0.871%BloFin2.5501+0.874%Binance2.5504+0.886%BingX2.5504+0.886%MEXC2.5505+0.890%Aevo2.5507+0.896%Orderly2.5507+0.898%SunX2.5507+0.898%Bitget2.5508+0.902%Reya2.5509+0.907%edgeX2.5511+0.914%Kraken Futures2.5518+0.942%Lighter2.5520+0.949%OKX2.5520+0.949%Gate2.5520+0.949%GMX2.5520+0.949%Aster2.5521+0.953%
Injective
ApeX Omni
Extended
Bybit
Paradex
BloFin
Binance
BingX
MEXC
Aevo
Orderly
SunX
Bitget
Reya
Kraken Futures
Lighter
OKX
Gate
GMX
AsterKuCoin2.5521+0.953%
Deribit2.5522+0.957%dYdX2.5534+1.006%Polymarket Perps2.5538+1.021%
Deribit
dYdX
Polymarket PerpsVariational Omni2.5546+1.052%
Hyperliquid2.5551+1.072%Backpack2.5565+1.127%Coinbase International2.5580+1.187%
Hyperliquid
Backpack
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 |
| ApeX Omni PENDLEUSDT | −0.191% | +0.0100% | 1h | $78K | $238K | 50x | as long as short |
| Extended PENDLE-USD | −0.182% | +0.0064% | 1h | $168K | $519K | 10x | as long as short |
| Bybit PENDLEUSDT | −0.180% | +0.0100% | 8h | $15.9M | $11.9M | 50x | as long as short |
| Paradex PENDLE-USD-PERP | −0.179% | +0.0100% | 8h | $36K | $28K | 10x | as long as short |
| BloFin PENDLE-USDT | −0.176% | +0.0083% | 8h | $1.4M | $821K | 75x | as long as short |
| Binance PENDLEUSDT | −0.165% | +0.0062% | 8h | $28.0M | $36.0M | 75x | as long as short |
| BingX PENDLE-USDT | −0.164% | +0.0100% | 8h | — | $34.3M | — | as long as short |
| MEXC PENDLE_USDT | −0.160% | +0.0061% | 8h | $17.1M | $2.1M | 125x | as long as short |
| Aevo PENDLE-PERP | −0.154% | +0.0096% | 1h | $27K | — | 3x | as long as short |