PENDLE · Convergence Trade

LONGBackpackBackpackSHORTReyaReya·size $10,000Earning funding here? → /pair (funding arbitrage)
Current Spread
live
+0.053%0.116% from entry(-0.063%)
long $1.7550 · short $1.7559
Size$
Total PnL
-$3.77
-0.04% · spread widened
Net (after fees)
-$19.77
fees $16.00
Spread Δ
↑0.116%
-0.063% → +0.053%
Max Drawdown
$165.82
avg/day -$1.88
Best Day
+$12.63
2026-05-18
Worst Day
-$16.40
2026-05-17
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LONGBackpackBackpack(dex)
Mark Price
$1.7550
Exchange Ticker
PENDLE_USDC_PERP
Taker / Maker
5 / 2 bps
OI
$206.73K
24h Vol
$252.20K
SHORTReyaReya(dex)
Mark Price
$1.7559
Exchange Ticker
PENDLERUSDPERP
Taker / Maker
3 / 1 bps
OI
$4.62K
24h Vol
$110.94

⚠ slippage not modeled (virtual liquidity / RFQ venue)

Entry spread negative — divergence trade (long the high side, short the low side)

180 long / 173 short samples · 2 days · updated 5:15:43 PM

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