Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: edgeX against Lighter−0.042%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$360.356% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)+0.712%+$71 · spread now −0.042%, 7d avg −0.027%
=Together, before fees+0.739%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board+$74 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PENDLE | 2.4190 | 0.0096 | pay 0.0012% / 1h | 31m 21s | $521K | $429K | 5x |
| Short | edgeX PENDLEUSDC | 2.4180 | 0.0100 | get 0.0050% / 4h | 3h 31m | $24K | $369K | 10x |
Lighter PENDLE
edgeX PENDLEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.84
- Price spread: −0.042% → −0.027%
- −$1.49
- Slippage, 4 orders
- −$26.59
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$36.24
- Costs to cover
- 0.356%
- Break-even
- 309.0 days
Slippage from Lighter: live order book, 59 min ago; edgeX: live order book, 2 min ago.
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 Lighter live order book, 59 min ago | 8.47 bp | 12.7 bp −$13 | 58.0 bp −$580 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 2 min ago | 1.45 bp | 6.4 bp −$6 | 67.3 bp −$673 | doesn't fit | doesn't fit |
PENDLE on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −0.3627% | 1h | 2.3970 | −0.909% | $2K | $55K | 5.5x | as long as short |
| GRVT PENDLE_USDT_Perp | −0.1059% | 8h | 2.4241 | +0.209% | $400K | $2.6M | 10x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.0287% | 1h | 2.4196 | +0.025% | $24K | $16K | 10x | as long as short |
| Gate PENDLE_USDT | −0.0273% | 8h | 2.4170 | −0.083% | $766K | $992K | 75x | as long as short |
| Extended PENDLE-USD | −0.0104% | 1h | 2.4176 | −0.057% | $155K | $924K | 10x | as long as short |
| BloFin PENDLE-USDT | −0.0104% | 8h | 2.4179 | −0.045% | $1.1M | $503K | 75x | as long as short |
| Binance PENDLEUSDT | −0.0102% | 8h | 2.4181 | −0.036% | $25.3M | $46.0M | 75x | as long as short |
| MEXC PENDLE_USDT | −0.0099% | 8h | 2.4189 | −0.004% | $17.9M | $2.1M | 125x | as long as short |
| ApeX Omni PENDLEUSDT | −0.0099% | 1h | 2.4182 | −0.033% | $74K | $231K | 50x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.0015% | 8h | 2.4176 | −0.058% | $18K | $15K | 10x | as long as short |
Injective PENDLE/USDC PERP
GRVT PENDLE_USDT_Perp
Deribit PENDLE_USDC-PERPETUAL
Gate PENDLE_USDT
Extended PENDLE-USD
BloFin PENDLE-USDT
Binance PENDLEUSDT
MEXC PENDLE_USDT
ApeX Omni PENDLEUSDT
Orderly PERP_PENDLE_USDCShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PENDLEUSDT | −0.0013% | 8h | 2.4170 | −0.083% | $14.1M | $11.9M | 50x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.4193 | +0.011% | $10K | — | 5x | as long as short |
| Aster PENDLEUSDT | +0.0011% | 8h | 2.4154 | −0.149% | $47K | $169K | 10x | as long as short |
| Aevo PENDLE-PERP | +0.0056% | 1h | 2.4184 | −0.023% | $25K | — | 3x | as long as short |
| Reya PENDLERUSDPERP | +0.0088% | 1h | 2.4189 | −0.004% | $3K | — | 15x | as long as short |
| Lighter PENDLElong | +0.0096% | 1h | 2.4190 | long leg | $521K | $429K | 5x | |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.4176 | −0.057% | $34K | $3K | 10x | as long as short |
| Hyperliquid PENDLE | +0.0100% | 1h | 2.4220 | +0.124% | $12.6M | $6.0M | 5x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.4190 | 0.000% | $3.1M | $6.7M | 50x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.4173 | −0.070% | $684K | $598K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.4195 | +0.021% | $3.7M | $2.4M | 75x | as long as short |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.4183 | −0.029% | — | $8.3M | — | as long as short |
| Variational Omni PENDLE | +0.0100% | 8h | 2.4226 | +0.149% | $565K | $1.2M | — | as long as short |
| edgeX PENDLEUSDCshort | +0.0100% | 4h | 2.4180 | −0.042% | $24K | $369K | 10x | |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.4210 | +0.083% | $16K | $4K | 5x | as long as short |
| SunX PENDLE-USDT | +0.0100% | 8h | 2.4220 | +0.124% | $1K | $1.8M | 20x | as long as short |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0151% / S −0.0168% | 1h | 2.4171 | −0.078% | $5K | — | 100x | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0646% | 1h | 2.4200 | +0.041% | $357K | $432K | 15x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0664% | 1h | 2.4230 | +0.165% | $163K | $517K | 25x | as long as short |
| Kraken Futures PF_PENDLEUSD | +0.1282% | 1h | 2.4215 | +0.104% | $114K | $258K | 20x | as long as short |
Bybit PENDLEUSDT
dYdX PENDLE-USD
Aster PENDLEUSDT
Aevo PENDLE-PERP
Reya PENDLERUSDPERP
Paradex PENDLE-USD-PERP
Hyperliquid PENDLE
OKX PENDLE-USDT-SWAP
KuCoin PENDLEUSDTM
Bitget PENDLEUSDT
BingX PENDLE-USDT
Variational Omni PENDLE
Polymarket Perps PENDLE-USD
SunX PENDLE-USDT
GMX PENDLE/USD [PENDLE-USDC]
Backpack PENDLE_USDC_PERP
Coinbase International PENDLE-PERP-INTX
Kraken Futures PF_PENDLEUSD