Lighter Robinhoodvs
Lighter
Funding rates, fees, liquidity and airdrop status compared for perpetual-futures traders.
Funding setups between these venues
Across 29 liquid markets shared by Lighter and Lighter Robinhood, the best funding setup over the past 7 days is $INTC (long Lighter Robinhood, short Lighter): it paid 13.6% APR, 13.6% after costs, and held 64% of the time.
29 common liquid markets. Ranked by what the setup actually paid over 7 days after entry and exit costs β not by the instantaneous APR.
| Coin | Long | Short | 7d avg | After costs | Holds | Pays back | |
|---|---|---|---|---|---|---|---|
| $INTC | Lighter Robinhood | Lighter | 13.6% now 5.3% | 13.6% | 64% | <1 d | Backtest β |
| $SNDK | Lighter Robinhood | Lighter | 11.9% now 21.9% | 11.9% | 58% | <1 d | Backtest β |
| $COIN | Lighter Robinhood | Lighter | 9.8% now 23.7% | 9.8% | 49% | <1 d | Backtest β |
| $GOOGL | Lighter Robinhood | Lighter | 9.6% now 0.9% | 9.6% | 51% | <1 d | Backtest β |
| $CRCL | Lighter Robinhood | Lighter | 8.3% now 23.7% | 8.3% | 44% | <1 d | Backtest β |
| $AMZN | Lighter Robinhood | Lighter | 7.0% now 7.9% | 7.0% | 45% | <1 d | Backtest β |
| $AMD | Lighter Robinhood | Lighter | 6.7% now 16.6% | 6.7% | 46% | <1 d | Backtest β |
| $META | Lighter Robinhood | Lighter | 5.0% now 13.2% | 5.0% | 47% | <1 d | Backtest β |
| $XAG | Lighter Robinhood | Lighter | 4.3% now 5.3% | 4.3% | 35% | <1 d | Backtest β |
| $HYPE | Lighter | Lighter Robinhood | 3.4% now 0.0% | 3.4% | 27% | <1 d | Backtest β |
| $NVDA | Lighter Robinhood | Lighter | 3.0% now 9.6% | 3.0% | 32% | <1 d | Backtest β |
| $ZEC | Lighter | Lighter Robinhood | 3.0% now 0.0% | 3.0% | 14% | <1 d | Backtest β |
| $MU | Lighter Robinhood | Lighter | 2.5% now 5.3% | 2.5% | 19% | <1 d | Backtest β |
| $MSFT | Lighter Robinhood | Lighter | 2.2% now 4.4% | 2.2% | 14% | <1 d | Backtest β |
| $AAPL | Lighter Robinhood | Lighter | 1.5% now 5.3% | 1.5% | 23% | <1 d | Backtest β |
β7d avgβ is the funding spread the pair actually paid over the last 7 days. βAfter costsβ subtracts taker fees for opening and closing both legs over a 7-day hold. βHoldsβ is the share of hours the spread kept the same sign and at least 5% APR.
| Lighter Robinhood | Lighter | |
|---|---|---|
| Type | DEX | DEX |
| Taker fee | 0% | 0% |
| Maker fee | 0% | 0% |
| Open Interest | $211.0M | $546.5Mβ |
| 24h Volume | $748.2M | $2.11Bβ |
| Avg Funding APR | 7.27% | 13.49% |
| Markets | 58 | 182β |
| Airdrop / token | Points Active | Listed |
Lighter Robinhood and Lighter are both perpetual-futures venues tracked on ORBIT. On fees, both charge the same 0% taker. On liquidity, Lighter is deeper with $546.5M open interest, which means less slippage at size.
For a funding-arbitrage trader the practical answer is rarely βone or the otherβ β you often use both, going long on whichever venue has the lower funding for a given asset and short on the other. Open the Funding Screener to see where Lighter Robinhood and Lighter diverge right now, then verify the pair in the backtester.
How this pair behaves
Of 15 setups between Lighter and Lighter Robinhood with 7 days of payouts, 15 stay positive after entry and exit costs. In a typical setup the spread keeps its sign and at least 5% APR 44% of the hours. Opening and closing both legs costs a median 0.00% of the position, paid back in about a day. The instantaneous rate is often higher than the weekly one: pick by the "7d avg" and "After costs" columns, not by the current APR.
Related venue pairs
Frequently asked questions
- Which funding setup between Lighter Robinhood and Lighter pays most?
- Across 29 liquid markets shared by Lighter and Lighter Robinhood, the best funding setup over the past 7 days is $INTC (long Lighter Robinhood, short Lighter): it paid 13.6% APR, 13.6% after costs, and held 64% of the time. Ranking is by the 7-day payout after costs, not by the instantaneous APR.
- Is Lighter Robinhood or Lighter cheaper?
- Lighter Robinhood charges 0% taker / 0% maker; Lighter charges 0% taker / 0% maker. Both are equal on taker fee, which matters most for funding arbitrage since entries and exits are taker orders.
- Which has deeper liquidity, Lighter Robinhood or Lighter?
- Lighter Robinhood has $211.0M open interest across 58 markets; Lighter has $546.5M across 182. Lighter is deeper, which means lower slippage at size.
- Can I run funding arbitrage between Lighter Robinhood and Lighter?
- Yes β when an asset's funding diverges between the two, go long on the lower-funding venue and short on the higher one. Find live divergences on the ORBIT screener and backtest the exact pair before sizing it.