Lighter
dexMaker 0% · Taker 0%
Best pair here now
BybitLighterthis venue
ENA
PhemexLighterthis venue
NEAR
BingXLighterthis venuePer-asset breakdown
Daily average of the venue rolling 24h figures, through the last complete day — so these totals sit close to, but not exactly on, the live numbers above. Hover a chart for the per-asset split · hover or click an asset to spotlight it · click a legend chip to hide it.
Markets
| Asset | Mark Price ↕ | 24h % ↕ | Funding APR ↕ | Open Interest ↓ | 24h Volume ↕ | Next funding | ||
|---|---|---|---|---|---|---|---|---|
 BTC | $83,930.8 | +0.47% | +3.51% | +6.67% | 1h | $164.0M | $789.6M | — |
 ETH | $2,697.84 | +0.36% | +10.52% | +10.30% | 1h | $119.1M | $348.3M | — |
 LIT | $3.9897 | +3.53% | +10.52% | +5.17% | 1h | $39.7M | $45.1M | — |
| NEAR | $5.1406 | +1.04% | +44.71% | +19.67% | 1h | $24.3M | $28.4M | — |
 ZEC | $1,397.439 | -0.86% | +10.52% | +14.10% | 1h | $18.7M | $36.2M | — |
| 🥇XAU | $4,175.97 | -0.32% | +8.77% | +10.82% | 1h | $18.5M | $55.4M | — |
 SOL | $117.959 | -1.08% | -5.26% | +5.24% | 1h | $13.8M | $49.2M | — |
 HYPE | $89.6676 | +3.74% | +10.52% | +6.37% | 1h | $13.2M | $69.7M | — |
 CRCL | $82.478 | -2.27% | +61.36% | +26.38% | 1h | $8.5M | $20.3M | — |
 WLD | $0.5236 | +1.94% | +31.56% | +37.31% | 1h | $7.6M | $4.7M | — |
Click an asset to view market overview · Funding rates update every 60s
Best exchange pairs for Lighter
Head-to-head pages with the funding setups between the two venues, ranked by what they paid after costs.
About Lighter funding & fees
Lighter is a decentralized perpetual exchange (perp DEX) tracked live on ORBIT, listing 183 perpetual markets, $587.4M total open interest, $1.73B in 24h volume. Average funding across its markets is +10.56% annualized. ORBIT compares Lighter's funding rates against 35 other venues so you can spot where it diverges from the rest of the market.
Lighter charges 0% taker and 0% maker fees on perpetuals. Via the ORBIT referral you also get: 0% / 0% Standard tier. Execution cost matters for funding arbitrage — ORBIT's backtester subtracts both legs' taker fees plus live order-book slippage, so the PnL it shows is net of what you actually pay.
Lighter's native token LIT is already live. Funding-rate incentives on listed-token venues are usually steadier than pre-TGE points, which makes Lighter a reliable leg for delta-neutral pairs.
To run funding arbitrage with Lighter, find an asset whose funding here diverges from another venue on the Funding Screener, then verify the pair in the backtester. Its most active markets right now include BTC (+3.51%), ETH (+10.52%), LIT (+10.52%).
Frequently asked questions
- What are Lighter trading fees?
- Lighter charges 0% taker and 0% maker on perpetual futures. ORBIT referral perk: 0% / 0% Standard tier. Round-trip cost on both legs is what a funding-arbitrage trade has to overcome before it profits.
- Is Lighter a CEX or DEX?
- Lighter is a decentralized perpetual exchange (perp DEX). You trade non-custodially from your own wallet.
- Does Lighter have a token?
- Lighter's token LIT is already live. Its major points-farming airdrop has concluded, so funding incentives are the main ongoing edge here.
- How do I arbitrage funding rates on Lighter?