# BTSE vs Lighter Funding Rates: 115 Coins Compared

As of 2026-10-03 11:45 UTC, BTSE and Lighter share 115 liquid perpetual markets. BTSE has the higher funding rate on 54 of them (47%), and the average gap is 0.0047% per 8 hours (5.20% APR). The widest gap is CASHCAT at 0.0836% per 8 hours (91.54% APR): short on Lighter and long on BTSE.

| Coin | BTSE per 8h | Lighter per 8h | Gap per 8h | Funding arbitrage |
| --- | --- | --- | --- | --- |
| [CASHCAT](https://arbtide.com/funding-rates/cashcat) | 0.0100% | 0.0936% | 0.0836% | Short Lighter, long BTSE |
| [WLD](https://arbtide.com/funding-rates/wld) | 0.0100% | 0.0736% | 0.0636% | Short Lighter, long BTSE |
| [QNT](https://arbtide.com/funding-rates/qnt) | -0.1134% | -0.0672% | 0.0462% | Short Lighter, long BTSE |
| [SOXL](https://arbtide.com/funding-rates/soxl) | 0.0000% | -0.0264% | 0.0264% | Short BTSE, long Lighter |
| [PAXG](https://arbtide.com/funding-rates/paxg) | 0.0100% | -0.0112% | 0.0212% | Short BTSE, long Lighter |
| [ZEC](https://arbtide.com/funding-rates/zec) | 0.0099% | 0.0304% | 0.0205% | Short Lighter, long BTSE |
| [USELESS](https://arbtide.com/funding-rates/useless) | 0.0100% | 0.0304% | 0.0204% | Short Lighter, long BTSE |
| [ADA](https://arbtide.com/funding-rates/ada) | 0.0100% | -0.0072% | 0.0172% | Short BTSE, long Lighter |
| [PONS](https://arbtide.com/funding-rates/pons) | 0.0100% | -0.0048% | 0.0148% | Short BTSE, long Lighter |
| [ETHFI](https://arbtide.com/funding-rates/ethfi) | 0.0100% | 0.0200% | 0.0100% | Short Lighter, long BTSE |
| [BTC](https://arbtide.com/funding-rates/btc) | -0.0013% | 0.0064% | 0.0077% | Short Lighter, long BTSE |
| [SOL](https://arbtide.com/funding-rates/sol) | 0.0100% | 0.0024% | 0.0076% | Short BTSE, long Lighter |
| [BB](https://arbtide.com/funding-rates/bb) | 0.0100% | 0.0032% | 0.0068% | Short BTSE, long Lighter |
| [ETH](https://arbtide.com/funding-rates/eth) | 0.0100% | 0.0040% | 0.0060% | Short BTSE, long Lighter |
| [WLFI](https://arbtide.com/funding-rates/wlfi) | 0.0100% | 0.0040% | 0.0060% | Short BTSE, long Lighter |
| [APT](https://arbtide.com/funding-rates/apt) | 0.0100% | 0.0048% | 0.0052% | Short BTSE, long Lighter |
| [ZHIPU](https://arbtide.com/funding-rates/zhipu) | -0.0003% | 0.0032% | 0.0035% | Short Lighter, long BTSE |
| [DRAM](https://arbtide.com/funding-rates/dram) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [SNDK](https://arbtide.com/funding-rates/sndk) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [EWY](https://arbtide.com/funding-rates/ewy) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [GOOGL](https://arbtide.com/funding-rates/googl) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [MRVL](https://arbtide.com/funding-rates/mrvl) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [SPCX](https://arbtide.com/funding-rates/spcx) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [INTC](https://arbtide.com/funding-rates/intc) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [LITE](https://arbtide.com/funding-rates/lite) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [MSTR](https://arbtide.com/funding-rates/mstr) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [NBIS](https://arbtide.com/funding-rates/nbis) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [SKHY](https://arbtide.com/funding-rates/skhy) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [ARM](https://arbtide.com/funding-rates/arm) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [CRCL](https://arbtide.com/funding-rates/crcl) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [DELL](https://arbtide.com/funding-rates/dell) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [NVDA](https://arbtide.com/funding-rates/nvda) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [QQQ](https://arbtide.com/funding-rates/qqq) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [SPY](https://arbtide.com/funding-rates/spy) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [AAOI](https://arbtide.com/funding-rates/aaoi) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [ASML](https://arbtide.com/funding-rates/asml) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [AVGO](https://arbtide.com/funding-rates/avgo) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [BE](https://arbtide.com/funding-rates/be) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [BMNR](https://arbtide.com/funding-rates/bmnr) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [CBRS](https://arbtide.com/funding-rates/cbrs) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [CRWV](https://arbtide.com/funding-rates/crwv) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [IBM](https://arbtide.com/funding-rates/ibm) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [META](https://arbtide.com/funding-rates/meta) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [MSFT](https://arbtide.com/funding-rates/msft) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [ORCL](https://arbtide.com/funding-rates/orcl) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [QCOM](https://arbtide.com/funding-rates/qcom) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [RKLB](https://arbtide.com/funding-rates/rklb) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [AAPL](https://arbtide.com/funding-rates/aapl) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [AMD](https://arbtide.com/funding-rates/amd) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [COIN](https://arbtide.com/funding-rates/coin) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [HOOD](https://arbtide.com/funding-rates/hood) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [MINIMAX](https://arbtide.com/funding-rates/minimax) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [NOK](https://arbtide.com/funding-rates/nok) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [NOW](https://arbtide.com/funding-rates/now) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [TSLA](https://arbtide.com/funding-rates/tsla) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [TSM](https://arbtide.com/funding-rates/tsm) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [WDC](https://arbtide.com/funding-rates/wdc) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [MRNA](https://arbtide.com/funding-rates/mrna) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [PLTR](https://arbtide.com/funding-rates/pltr) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [AMZN](https://arbtide.com/funding-rates/amzn) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [CXMT](https://arbtide.com/funding-rates/cxmt) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [GEV](https://arbtide.com/funding-rates/gev) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [KIOXIA](https://arbtide.com/funding-rates/kioxia) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [BOT](https://arbtide.com/funding-rates/bot) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [KORU](https://arbtide.com/funding-rates/koru) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long BTSE |
| [UNITREE](https://arbtide.com/funding-rates/unitree) | 0.0001% | 0.0032% | 0.0031% | Short Lighter, long BTSE |
| [BNB](https://arbtide.com/funding-rates/bnb) | 0.0100% | 0.0072% | 0.0028% | Short BTSE, long Lighter |
| [LDO](https://arbtide.com/funding-rates/ldo) | 0.0100% | 0.0112% | 0.0012% | Short Lighter, long BTSE |
| [XRP](https://arbtide.com/funding-rates/xrp) | 0.0014% | 0.0024% | 0.0010% | Short Lighter, long BTSE |
| [LINK](https://arbtide.com/funding-rates/link) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [LTC](https://arbtide.com/funding-rates/ltc) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [ARB](https://arbtide.com/funding-rates/arb) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [AVAX](https://arbtide.com/funding-rates/avax) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [HYPE](https://arbtide.com/funding-rates/hype) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [NEAR](https://arbtide.com/funding-rates/near) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [SUI](https://arbtide.com/funding-rates/sui) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [UNI](https://arbtide.com/funding-rates/uni) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [AAVE](https://arbtide.com/funding-rates/aave) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [CRV](https://arbtide.com/funding-rates/crv) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [DOGE](https://arbtide.com/funding-rates/doge) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [DOT](https://arbtide.com/funding-rates/dot) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [ENA](https://arbtide.com/funding-rates/ena) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [TAO](https://arbtide.com/funding-rates/tao) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [JUP](https://arbtide.com/funding-rates/jup) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [ONDO](https://arbtide.com/funding-rates/ondo) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [OP](https://arbtide.com/funding-rates/op) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [TRX](https://arbtide.com/funding-rates/trx) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [BCH](https://arbtide.com/funding-rates/bch) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [FIL](https://arbtide.com/funding-rates/fil) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [TIA](https://arbtide.com/funding-rates/tia) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [XPL](https://arbtide.com/funding-rates/xpl) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [ASTER](https://arbtide.com/funding-rates/aster) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [JTO](https://arbtide.com/funding-rates/jto) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [PENDLE](https://arbtide.com/funding-rates/pendle) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [PENGU](https://arbtide.com/funding-rates/pengu) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [POL](https://arbtide.com/funding-rates/pol) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [SEI](https://arbtide.com/funding-rates/sei) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [WIF](https://arbtide.com/funding-rates/wif) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [DYDX](https://arbtide.com/funding-rates/dydx) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [PYTH](https://arbtide.com/funding-rates/pyth) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [PUMP](https://arbtide.com/funding-rates/pump) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [S](https://arbtide.com/funding-rates/s) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [XMR](https://arbtide.com/funding-rates/xmr) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [AXS](https://arbtide.com/funding-rates/axs) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [LIT](https://arbtide.com/funding-rates/lit) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [NOT](https://arbtide.com/funding-rates/not) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [SPX](https://arbtide.com/funding-rates/spx) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [ZORA](https://arbtide.com/funding-rates/zora) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [CHIP](https://arbtide.com/funding-rates/chip) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [POPCAT](https://arbtide.com/funding-rates/popcat) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [ZK](https://arbtide.com/funding-rates/zk) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [STABLE](https://arbtide.com/funding-rates/stable) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [EDGE](https://arbtide.com/funding-rates/edge) | 0.0100% | 0.0096% | 0.0004% | Short BTSE, long Lighter |
| [MU](https://arbtide.com/funding-rates/mu) | 0.0000% | 0.0000% | 0.0000% | Short Lighter, long BTSE |
| [STRC](https://arbtide.com/funding-rates/strc) | 0.0000% | 0.0000% | 0.0000% | Short Lighter, long BTSE |

## Frequently asked questions

### Which has higher funding rates, BTSE or Lighter?

Right now Lighter has the higher funding rate on 61 of 115 shared coins.

### How often do BTSE and Lighter pay funding?

On shared markets, BTSE pays every 4 and 8 hours and Lighter every 8 hours, depending on the contract. Rates on this page are annualized so they compare directly.

### Can I arbitrage funding between BTSE and Lighter?

Yes, by going long where funding is lower and short where it is higher. The largest gap right now is CASHCAT at 0.0836% per 8 hours (91.54% APR) before fees.