# dYdX vs Lighter Funding Rates: 57 Coins Compared

As of 2026-10-03 23:10 UTC, dYdX and Lighter share 57 liquid perpetual markets. dYdX has the higher funding rate on 16 of them (28%), and the average gap is 0.0204% per 8 hours (22.36% APR). The widest gap is ENA at 0.1795% per 8 hours (196.52% APR): short on dYdX and long on Lighter.

| Coin | dYdX per 8h | Lighter per 8h | Gap per 8h | Funding arbitrage |
| --- | --- | --- | --- | --- |
| [ENA](https://arbtide.com/funding-rates/ena) | 0.1891% | 0.0096% | 0.1795% | Short dYdX, long Lighter |
| [DYDX](https://arbtide.com/funding-rates/dydx) | 0.1123% | -0.0392% | 0.1515% | Short dYdX, long Lighter |
| [SEI](https://arbtide.com/funding-rates/sei) | 0.1153% | 0.0096% | 0.1057% | Short dYdX, long Lighter |
| [XMR](https://arbtide.com/funding-rates/xmr) | 0.0793% | 0.0096% | 0.0697% | Short dYdX, long Lighter |
| [WLD](https://arbtide.com/funding-rates/wld) | 0.0660% | 0.0096% | 0.0564% | Short dYdX, long Lighter |
| [HBAR](https://arbtide.com/funding-rates/hbar) | 0.0529% | 0.0072% | 0.0457% | Short dYdX, long Lighter |
| [XRP](https://arbtide.com/funding-rates/xrp) | -0.0313% | 0.0088% | 0.0401% | Short Lighter, long dYdX |
| [ZEC](https://arbtide.com/funding-rates/zec) | 0.0000% | 0.0360% | 0.0360% | Short Lighter, long dYdX |
| [BNB](https://arbtide.com/funding-rates/bnb) | 0.0429% | 0.0096% | 0.0333% | Short dYdX, long Lighter |
| [APT](https://arbtide.com/funding-rates/apt) | 0.0000% | -0.0232% | 0.0232% | Short dYdX, long Lighter |
| [ADA](https://arbtide.com/funding-rates/ada) | 0.0000% | -0.0176% | 0.0176% | Short dYdX, long Lighter |
| [HYPE](https://arbtide.com/funding-rates/hype) | 0.0269% | 0.0096% | 0.0173% | Short dYdX, long Lighter |
| [BTC](https://arbtide.com/funding-rates/btc) | -0.0073% | 0.0096% | 0.0169% | Short Lighter, long dYdX |
| [TAO](https://arbtide.com/funding-rates/tao) | 0.0239% | 0.0096% | 0.0143% | Short dYdX, long Lighter |
| [BCH](https://arbtide.com/funding-rates/bch) | 0.0234% | 0.0096% | 0.0138% | Short dYdX, long Lighter |
| [SOL](https://arbtide.com/funding-rates/sol) | -0.0003% | 0.0096% | 0.0099% | Short Lighter, long dYdX |
| [AAVE](https://arbtide.com/funding-rates/aave) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [LINK](https://arbtide.com/funding-rates/link) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [NEAR](https://arbtide.com/funding-rates/near) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [UNI](https://arbtide.com/funding-rates/uni) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [ARB](https://arbtide.com/funding-rates/arb) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [AVAX](https://arbtide.com/funding-rates/avax) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [DOGE](https://arbtide.com/funding-rates/doge) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [CRV](https://arbtide.com/funding-rates/crv) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [DOT](https://arbtide.com/funding-rates/dot) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [SUI](https://arbtide.com/funding-rates/sui) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [FIL](https://arbtide.com/funding-rates/fil) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [LDO](https://arbtide.com/funding-rates/ldo) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [ONDO](https://arbtide.com/funding-rates/ondo) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [PEPE](https://arbtide.com/funding-rates/pepe) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [TRX](https://arbtide.com/funding-rates/trx) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [OP](https://arbtide.com/funding-rates/op) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [WIF](https://arbtide.com/funding-rates/wif) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [ASTER](https://arbtide.com/funding-rates/aster) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [ICP](https://arbtide.com/funding-rates/icp) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [JTO](https://arbtide.com/funding-rates/jto) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [PENDLE](https://arbtide.com/funding-rates/pendle) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [PENGU](https://arbtide.com/funding-rates/pengu) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [POL](https://arbtide.com/funding-rates/pol) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [BONK](https://arbtide.com/funding-rates/bonk) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [PYTH](https://arbtide.com/funding-rates/pyth) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [EIGEN](https://arbtide.com/funding-rates/eigen) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [LIT](https://arbtide.com/funding-rates/lit) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [PUMP](https://arbtide.com/funding-rates/pump) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [ZORA](https://arbtide.com/funding-rates/zora) | 0.0000% | 0.0096% | 0.0096% | Short Lighter, long dYdX |
| [STRK](https://arbtide.com/funding-rates/strk) | 0.0066% | 0.0160% | 0.0094% | Short Lighter, long dYdX |
| [TIA](https://arbtide.com/funding-rates/tia) | 0.0014% | 0.0096% | 0.0081% | Short Lighter, long dYdX |
| [XLM](https://arbtide.com/funding-rates/xlm) | 0.0017% | 0.0096% | 0.0079% | Short Lighter, long dYdX |
| [LTC](https://arbtide.com/funding-rates/ltc) | 0.0171% | 0.0096% | 0.0075% | Short dYdX, long Lighter |
| [ETH](https://arbtide.com/funding-rates/eth) | 0.0000% | 0.0072% | 0.0072% | Short Lighter, long dYdX |
| [XAG](https://arbtide.com/funding-rates/xag) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long dYdX |
| [WTI](https://arbtide.com/funding-rates/wti) | 0.0000% | 0.0032% | 0.0032% | Short Lighter, long dYdX |
| [JUP](https://arbtide.com/funding-rates/jup) | 0.0125% | 0.0096% | 0.0029% | Short dYdX, long Lighter |
| [WLFI](https://arbtide.com/funding-rates/wlfi) | 0.0000% | 0.0024% | 0.0024% | Short Lighter, long dYdX |
| [PAXG](https://arbtide.com/funding-rates/paxg) | 0.0000% | 0.0016% | 0.0016% | Short Lighter, long dYdX |
| [TRUMP](https://arbtide.com/funding-rates/trump) | 0.0000% | -0.0008% | 0.0008% | Short dYdX, long Lighter |
| [MON](https://arbtide.com/funding-rates/mon) | 0.0100% | 0.0096% | 0.0004% | Short dYdX, long Lighter |

## Frequently asked questions

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

Right now Lighter has the higher funding rate on 41 of 57 shared coins.

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

On shared markets, dYdX pays every 1 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 dYdX and Lighter?

Yes, by going long where funding is lower and short where it is higher. The largest gap right now is ENA at 0.1795% per 8 hours (196.52% APR) before fees.