Question 1

Which exchange has the highest LIGHT funding rate right now?

Accepted Answer

OKX shows the highest LIGHT funding at +75.72% annualized. A high positive rate means shorts get paid, so this is the venue to short LIGHT when running a funding-arbitrage pair. Rates change every settlement window — check the live screener for the current value.

Question 2

Which exchange is best to long LIGHT for funding?

Accepted Answer

Gate.io has the lowest LIGHT funding at +10.96% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.

Question 3

What is the best LIGHT funding-arbitrage pair?

Accepted Answer

The widest spread is long Bybit / short OKX at about 64.8% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does LIGHT funding settle?

Accepted Answer

LIGHT funding settles on different schedules by venue (4h, 8h). Longer intervals concentrate the same annualized rate into fewer, larger payments. ORBIT normalizes every venue to a common APR so they are directly comparable.

Question 5

Is LIGHT funding positive or negative?

Accepted Answer

LIGHT funding is currently positive across venues (longs pay shorts), ranging +10.96% to +75.72% APR.

Question 6

What is the current LIGHT perpetual swap funding rate?

Accepted Answer

The current LIGHT perpetual swap funding rate ranges from +10.96% to +75.72% annualized depending on the exchange — Gate.io is lowest and OKX is highest right now. There is no single LIGHT funding rate: every venue runs its own funding formula and order book, which is why the rate has to be read by exchange rather than as one number.

Question 7

What is the aggregated LIGHT funding rate across exchanges?

Accepted Answer

Aggregated across the 13 venues ORBIT tracks, LIGHT funding currently spans +10.96% to +75.72% APR, a spread of 64.8 percentage points. An aggregated average hides the part that matters for trading — the gap between the cheapest and dearest venue — so the table above lists each exchange separately.

Question 8

How do I read the LIGHT 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle LIGHT every 8 hours quote the per-payment rate, which is charged three times a day. Multiply an 8h rate by 3 to get the daily figure and by 1,095 to annualize it. ORBIT converts every venue — 1h, 4h and 8h alike — to a common APR so an 8h rate and a 1h rate can be compared directly.

Exchange	Funding APR↓	Interval	Open Interest↕	Mark Price↕
OKXBest Short	+75.72%	4h	$956K	$0.1837
KuCoin	+29.59%	4h	$1.9M	$0.1839
Hotcoin	+21.92%	4h	$292K	$0.1837
Pionex	+19.42%	4h	$12K	$0.1835
MEXC	+19.29%	4h	$1.1M	$0.1835
Aster	+19.23%	4h	$44K	$0.1833
WEEX	+18.74%	4h	$26K	$0.1834
Bitunix	+17.92%	4h	—	$0.1829
Toobit	+17.56%	4h	$173K	$0.1834
BloFin	+14.62%	4h	$261K	$0.1834
Binance Futures	+14.23%	4h	$4.5M	$0.1829
BybitBest Long	+10.96%	4h	$2.1M	$0.1839
Gate.io	+10.96%	8h	$1.0M	$0.1831

LIGHT Perpetual Swap Funding Rate by Exchange

How LIGHT funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

LIGHT funding rates explained

Frequently asked questions