PENDLE: MEXC → Lighter

Long on the venue with the lower rate, short on the venue with the higher one. Income comes from the rate difference; price exposure cancels out.

Spread

+93%

APR right now

Price gap

-0.024%

between legs

Average spread

+80%

over 24h from our own samples

Over 7 days

+80%

samples: 108

MEXCLONG

Bid / ask2.5298 / 2.5309

Mark price2.5299

Volume 24h$1.89M

Open interest$17.12M

Rate-0.0085%

APR-9%

Interval / next payout8h / 7h 23m

MEXC

LighterSHORT

Bid / ask— / —

Mark price2.5303

Volume 24h$414.67K

Open interest$537.13K

Rate+0.0096%

APR+84%

Interval / next payout1h / 23m

Lighter

Spread from our samples

spread over the period: from 0% to 93% APR, 108 samples

The rate can flip at any moment, and then the position starts costing money. Size is limited by the weaker leg, and entry and exit both pay fees on two venues. Not financial advice.