Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: SunX against Lighter+0.100%7-day average +0.009% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 3 days (all we have)−0.100%−$10 · spread now +0.100%, 7d avg +0.009%
=Together, before fees−0.073%+ Points / potential airdropLighter: Season 3 · farm board−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.091% dearer against Lighter than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PENDLE | 2.5030 | 0.0096 | pay 0.0012% / 1h | 56m 14s | $533K | $412K | 5x |
| Short | SunX PENDLE-USDT | 2.5055 | 0.0100 | get 0.0100% / 8h | 5h 56m | $2K | $1.7M | 20x |
Lighter PENDLE
SunX PENDLE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.100% → +0.009%
- $9.11
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $1.95
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 64 min ago; SunX: live order book, 9 min ago. Net counts fees only.
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, 64 min ago | 9.55 bp | 14.8 bp −$15 | 64.3 bp −$643 | doesn't fit | doesn't fit |
| Sell SunX live order book, 9 min ago | 500.05 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
PENDLE on 29 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 | −0.4938% | 1h | 2.4720 | −1.239% | $2K | $54K | 5.5x | as long as short |
| Deribit PENDLE_USDC-PERPETUAL | −0.0229% | 1h | 2.5059 | +0.116% | $26K | $14K | 10x | as long as short |
| Binance PENDLEUSDT | −0.0130% | 8h | 2.5041 | +0.043% | $26.9M | $42.5M | 75x | as long as short |
| MEXC PENDLE_USDT | −0.0130% | 8h | 2.5057 | +0.108% | $17.3M | $1.8M | 125x | as long as short |
| Extended PENDLE-USD | −0.0128% | 1h | 2.5015 | −0.060% | $162K | $570K | 10x | as long as short |
| GRVT PENDLE_USDT_Perp | −0.0090% | 8h | 2.5027 | −0.012% | $413K | $1.7M | 10x | as long as short |
| ApeX Omni PENDLEUSDT | −0.0067% | 1h | 2.5028 | −0.008% | $76K | $235K | 50x | as long as short |
| Aster PENDLEUSDT | −0.0052% | 8h | 2.5038 | +0.033% | $50K | $181K | 10x | as long as short |
| Orderly PERP_PENDLE_USDC | −0.0039% | 8h | 2.5036 | +0.024% | $20K | $15K | 10x | as long as short |
| Variational Omni PENDLE | −0.0037% | 8h | 2.5056 | +0.102% | $612K | $1.8M | — | as long as short |
Injective PENDLE/USDC PERP
Deribit PENDLE_USDC-PERPETUAL
Binance PENDLEUSDT
MEXC PENDLE_USDT
Extended PENDLE-USD
GRVT PENDLE_USDT_Perp
ApeX Omni PENDLEUSDT
Aster PENDLEUSDT
Orderly PERP_PENDLE_USDC
Variational Omni PENDLEShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate PENDLE_USDT | −0.0013% | 8h | 2.5040 | +0.040% | $757K | $1.1M | 75x | as long as short |
| dYdX PENDLE-USD | 0.0000% | 1h | 2.5036 | +0.025% | $11K | — | 5x | as long as short |
| Aevo PENDLE-PERP | +0.0048% | 1h | 2.5027 | −0.010% | $26K | — | 3x | as long as short |
| Reya PENDLERUSDPERP | +0.0057% | 1h | 2.5047 | +0.068% | $4K | — | 15x | as long as short |
| Bybit PENDLEUSDT | +0.0065% | 8h | 2.5030 | 0.000% | $15.1M | $11.8M | 50x | as long as short |
| Lighter PENDLElong | +0.0096% | 1h | 2.5030 | long leg | $533K | $412K | 5x | |
| Paradex PENDLE-USD-PERP | +0.0100% | 8h | 2.5038 | +0.033% | $35K | $15K | 10x | as long as short |
| Hyperliquid PENDLE | +0.0100% | 1h | 2.5089 | +0.236% | $12.9M | $6.3M | 5x | as long as short |
| OKX PENDLE-USDT-SWAP | +0.0100% | 4h | 2.5030 | 0.000% | $3.2M | $6.0M | 50x | as long as short |
| KuCoin PENDLEUSDTM | +0.0100% | 8h | 2.5055 | +0.100% | $861K | $585K | 50x | as long as short |
| Bitget PENDLEUSDT | +0.0100% | 8h | 2.5039 | +0.036% | $3.8M | $2.3M | 75x | as long as short |
| BingX PENDLE-USDT | +0.0100% | 8h | 2.5045 | +0.060% | — | $33.6M | — | as long as short |
| Backpack PENDLE_USDC_PERP | +0.0100% | 1h | 2.4994 | −0.144% | $349K | $429K | 15x | as long as short |
| edgeX PENDLEUSDC | +0.0100% | 4h | 2.5050 | +0.082% | $25K | $380K | 10x | as long as short |
| Polymarket Perps PENDLE-USD | +0.0100% | 1h | 2.5061 | +0.124% | $16K | $8K | 5x | as long as short |
| SunX PENDLE-USDTshort | +0.0100% | 8h | 2.5055 | +0.100% | $2K | $1.7M | 20x | |
| GMX PENDLE/USD [PENDLE-USDC] | L +0.0185% / S −0.0304% | 1h | 2.5062 | +0.127% | $7K | — | 100x | as long as short |
| Coinbase International PENDLE-PERP-INTX | +0.0552% | 1h | 2.5060 | +0.120% | $143K | $470K | 25x | as long as short |
| Kraken Futures PF_PENDLEUSD | +0.0747% | 1h | 2.5106 | +0.304% | $117K | $284K | 20x | as long as short |
Gate PENDLE_USDT
dYdX PENDLE-USD
Aevo PENDLE-PERP
Reya PENDLERUSDPERP
Bybit PENDLEUSDT
Paradex PENDLE-USD-PERP
Hyperliquid PENDLE
OKX PENDLE-USDT-SWAP
KuCoin PENDLEUSDTM
Bitget PENDLEUSDT
BingX PENDLE-USDT
Backpack PENDLE_USDC_PERP
edgeX PENDLEUSDC
Polymarket Perps PENDLE-USD
GMX PENDLE/USD [PENDLE-USDC]
Coinbase International PENDLE-PERP-INTX
Kraken Futures PF_PENDLEUSD