Lighter funding calculator
On October 16, 2026 at 08:13 UTC, Lighter quoted a BTC funding rate of +0.0008% per hour. Held for 24 hours at that rate, a $10,000 BTC long on Lighter pays $1.92. Lighter settles funding every hour. For a BTC long, Lighter was number 6 of 24 venues, best result first.
Calculate the funding that a Lighter perpetual position pays or receives. Lighter settles funding every hour. The calculator uses the current Lighter rate and shows the other venues for the same asset.
pays $1.92
Lighter long in 1 d · +0.0008% per 1 h
GRVT
Best rate for this long: receives $0.84 in 1 d
Hibachi
Highest cost for this long: pays $13.44 in 1 d
Your position
Values stay in your browser| Venue | Rate per interval | Interval | Settlements | Total | Annualized rate |
|---|---|---|---|---|---|
| GRVTinterval assumed | −0.0028%per 8 h | 8 h | 3 | +$0.84received | −3.07% |
| Gate.io | −0.0021%per 8 h | 8 h | 3 | +$0.63received | −2.30% |
| dYdXinterval assumed | 0.0000%per 1 h | 1 h | 24 | $0.00no payment | 0.00% |
| Bybit | +0.0054%per 8 h | 8 h | 3 | −$1.61paid | +5.89% |
| Aevointerval assumed | +0.0008%per 1 h | 1 h | 24 | −$1.92paid | +7.01% |
| Lighterinterval assumed | +0.0008%per 1 h | 1 h | 24 | −$1.92paid | +7.01% |
| MEXC | +0.0068%per 8 h | 8 h | 3 | −$2.04paid | +7.45% |
| Binance | +0.0068%per 8 h | 8 h | 3 | −$2.05paid | +7.49% |
| Aster | +0.0086%per 8 h | 8 h | 3 | −$2.57paid | +9.38% |
| Orderly | +0.0087%per 8 h | 8 h | 3 | −$2.62paid | +9.56% |
| Paradexinterval assumed | +0.0097%per 8 h | 8 h | 3 | −$2.90paid | +10.57% |
| BingX | +0.0100%per 8 h | 8 h | 3 | −$3.00paid | +10.95% |
| Bitget | +0.0100%per 8 h | 8 h | 3 | −$3.00paid | +10.95% |
| Bluefininterval assumed | +0.0013%per 1 h | 1 h | 24 | −$3.00paid | +10.95% |
| HTX | +0.0100%per 8 h | 8 h | 3 | −$3.00paid | +10.95% |
| Hyperliquidinterval assumed | +0.0013%per 1 h | 1 h | 24 | −$3.00paid | +10.95% |
| KuCoin | +0.0100%per 8 h | 8 h | 3 | −$3.00paid | +10.95% |
| OKXinterval derived | +0.0100%per 8 h | 8 h | 3 | −$3.00paid | +10.95% |
| Phemex | +0.0100%per 8 h | 8 h | 3 | −$3.00paid | +10.95% |
| Deribitinterval assumed | +0.0124%per 8 h | 8 h | 3 | −$3.72paid | +13.57% |
| Crypto.cominterval assumed | +0.0018%per 1 h | 1 h | 24 | −$4.29paid | +15.66% |
| Kraken | +0.0022%per 1 h | 1 h | 24 | −$5.16paid | +18.84% |
| BloFin | +0.0188%per 8 h | 8 h | 3 | −$5.65paid | +20.62% |
| Hibachiinterval assumed | +0.0056%per 1 h | 1 h | 24 | −$13.44paid | +49.06% |
Lighter funding on a $10,000 long, by market
The rates are the current Lighter rates at October 16, 2026, 08:13 UTC. Each total holds the rate constant for 24 hours. The rank compares Lighter with the other venues that list the same market, best result for a long first.
| Market | Rate per 1 h | 24 h | Annualized | Rank |
|---|---|---|---|---|
| BTC | +0.0008% | −$1.92 | +7.01% | 6 of 24 |
| ETH | +0.0012% | −$2.88 | +10.51% | 12 of 23 |
| SOL | +0.0012% | −$2.88 | +10.51% | 9 of 18 |
| XRP | +0.0012% | −$2.88 | +10.51% | 5 of 18 |
| BNB | +0.0012% | −$2.88 | +10.51% | 12 of 18 |
| DOGE | +0.0012% | −$2.88 | +10.51% | 12 of 17 |
| HYPE | +0.0012% | −$2.88 | +10.51% | 5 of 18 |
| ADA | +0.0012% | −$2.88 | +10.51% | 8 of 17 |
| LINK | −0.0016% | +$3.84 | −14.02% | 2 of 17 |
| AVAX | +0.0006% | −$1.44 | +5.26% | 7 of 17 |
| SUI | +0.0012% | −$2.88 | +10.51% | 5 of 18 |
| LTC | +0.0012% | −$2.88 | +10.51% | 4 of 17 |
| TSLA | +0.0032% | −$7.68 | +28.03% | 5 of 11 |
| NVDA | +0.0004% | −$0.96 | +3.50% | 10 of 12 |
| AAPL | +0.0004% | −$0.96 | +3.50% | 11 of 11 |
| SPY | +0.0004% | −$0.96 | +3.50% | 11 of 11 |
| QQQ | +0.0004% | −$0.96 | +3.50% | 8 of 11 |
| MSTR | +0.0004% | −$0.96 | +3.50% | 9 of 10 |
| COIN | +0.0004% | −$0.96 | +3.50% | 5 of 9 |
| AMZN | +0.0004% | −$0.96 | +3.50% | 6 of 9 |
Lighter funding rules
- Lighter pays funding at each hour mark, for every market. The rate is capped at 0.5% per hour. Source, checked 2026-09-23.
- A Standard account pays 0% maker and taker fees. Premium and Plus accounts pay a fee in exchange for lower latency. Source, checked 2026-09-23.
- Each Lighter market has a fixed interest rate part in its funding rate. When the premium between the mark price and the index price is small, the rate is only that fixed part. For this reason, many markets show the same rate. Source, checked 2026-09-25.
- The live funding matrix gives Lighter an hourly rate. Because the Lighter docs state one interval for every market, the calculator applies that rate once per hour.
Funding = position value × hourly rate × holding hours
A long pays when the rate is positive, and a short receives it. The result is an estimate, because Lighter sets a new rate every hour. Compare every market in the funding rate screener.
Terms used on this page
- Funding rate
- A funding rate is the periodic payment between long and short positions that keeps a perpetual futures price near its index price. When the rate is positive, longs pay shorts.
- Funding interval
- The funding interval is the time between two funding settlements on one market, for example 1 hour or 8 hours. A rate always belongs to its interval.
Questions answered from the data
How much funding does a $10,000 BTC long pay on Lighter per day?
At October 16, 2026, 08:13 UTC, Lighter quoted +0.0008% per hour for BTC.
Held for 24 hours at that rate, a $10,000 long pays $1.92. For a long, Lighter was number 6 of 24 venues, best result first.
Which Lighter market pays longs right now?
At October 16, 2026, 08:13 UTC, LINK had the lowest Lighter rate in this list: −0.0016% per hour.
A negative rate means that shorts pay longs. A $10,000 LINK long receives $3.84 in 24 hours if the rate stays the same.
How often does Lighter pay funding?
Lighter pays funding at each hour mark, for every market.
The docs cap the rate at 0.5% per hour, which is 4% per 8 hours.