PENDLE funding rate on Lighter

Funding APR
+7.88%
0.0009% / 1h
Interval
1h
next 15:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
10
listing this pair

Over the last 29.9 days, PENDLE funding on Lighter averaged +8.2% APR and stayed positive 92.3% of the time, ranging from -40.3% to +10.5%. Right now it pays longs pay shorts at +7.9% APR, settled every 1h across 10 venues we track. The most reliable delta-neutral pairing for PENDLE right now is long EdgeX / short Extended at +29.6% net APR (medium risk, ~2.1d to break even).

as of 2026-07-29 14:59 UTC

PENDLE funding history on Lighterlast 30d

30d average
+8.16%
Range
-40% / 11%
% positive
92.3%
Volatility
7.1
Best delta-neutral pairing
Long EdgeX / Short Lighter
+29.2% net APR
Backtested (30d)
+9.4%
Stability
45.8%
Risk
high
Breakeven
~1d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How PENDLE funding compares across venues

ExchangeFunding APR
Extended+11.39%
Hyperliquid+10.95%
Paradex+10.78%
Lighter+7.88%
dYdX+0.00%
Kraken-1.15%
Variational-3.27%
Aster-5.40%
Grvt-16.42%
EdgeX-26.50%

Frequently asked

What is the current PENDLE funding rate on Lighter?

PENDLE on Lighter is funding at 7.88% APR (0.0009% every 1h), paid longs pay shorts, as of 2026-07-29 14:59 UTC.

How often does Lighter pay funding on PENDLE?

Every 1 hour.

How do I earn PENDLE funding without price risk?

Open a delta-neutral position: long EdgeX and short Lighter, currently 29.2% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy