Which has higher funding rates, Lighter or Paradex?

Right now Paradex has the higher funding rate on 36 of 60 shared coins.

How often do Lighter and Paradex pay funding?

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

Can I arbitrage funding between Lighter and Paradex?

Yes, by going long where funding is lower and short where it is higher. The largest gap right now is XPL at 0.0691% per 8 hours (75.68% APR) before fees.

Lighter vs Paradex Funding Rates: 60 Coins Compared

As of 2026-10-03 02:52 UTC, Lighter and Paradex share 60 liquid perpetual markets. Lighter has the higher funding rate on 24 of them (40%), and the average gap is 0.0047% per 8 hours (5.13% APR). The widest gap is XPL at 0.0691% per 8 hours (75.68% APR): short on Paradex and long on Lighter.

LiveAs of 2026-10-03 02:52 UTC · refreshes every 30 s

Lighter funding rates Paradex funding rates

Largest funding gaps between Lighter and Paradex

Sort by

XPL
0.0691%
Gap per 8h
Lighter per 8h
-0.0728%
Paradex per 8h
-0.0037%
Funding arbitrage
Short Paradex, long Lighter
PAXG
0.0332%
Gap per 8h
Lighter per 8h
-0.0232%
Paradex per 8h
0.0100%
Funding arbitrage
Short Paradex, long Lighter
JUP
0.0229%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
-0.0133%
Funding arbitrage
Short Lighter, long Paradex
MORPHO
0.0191%
Gap per 8h
Lighter per 8h
0.0288%
Paradex per 8h
0.0097%
Funding arbitrage
Short Lighter, long Paradex
JTO
0.0168%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
-0.0072%
Funding arbitrage
Short Lighter, long Paradex
MSTR
0.0148%
Gap per 8h
Lighter per 8h
0.0032%
Paradex per 8h
0.0180%
Funding arbitrage
Short Paradex, long Lighter
TRX
0.0107%
Gap per 8h
Lighter per 8h
-0.0168%
Paradex per 8h
-0.0275%
Funding arbitrage
Short Lighter, long Paradex
AAVE
0.0102%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
-0.0006%
Funding arbitrage
Short Lighter, long Paradex
PYTH
0.0089%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0007%
Funding arbitrage
Short Lighter, long Paradex
PEPE
0.0047%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0049%
Funding arbitrage
Short Lighter, long Paradex
CRCL
0.0045%
Gap per 8h
Lighter per 8h
0.0032%
Paradex per 8h
0.0077%
Funding arbitrage
Short Paradex, long Lighter
XPT
0.0038%
Gap per 8h
Lighter per 8h
0.0032%
Paradex per 8h
0.0070%
Funding arbitrage
Short Paradex, long Lighter
MSFT
0.0038%
Gap per 8h
Lighter per 8h
0.0032%
Paradex per 8h
0.0070%
Funding arbitrage
Short Paradex, long Lighter
ETHFI
0.0037%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0059%
Funding arbitrage
Short Lighter, long Paradex
SNDK
0.0037%
Gap per 8h
Lighter per 8h
0.0032%
Paradex per 8h
0.0069%
Funding arbitrage
Short Paradex, long Lighter
EWY
0.0033%
Gap per 8h
Lighter per 8h
0.0032%
Paradex per 8h
0.0065%
Funding arbitrage
Short Paradex, long Lighter
VVV
0.0030%
Gap per 8h
Lighter per 8h
0.0152%
Paradex per 8h
0.0122%
Funding arbitrage
Short Lighter, long Paradex
XRP
0.0029%
Gap per 8h
Lighter per 8h
0.0032%
Paradex per 8h
0.0061%
Funding arbitrage
Short Paradex, long Lighter
LIT
0.0028%
Gap per 8h
Lighter per 8h
0.0128%
Paradex per 8h
0.0100%
Funding arbitrage
Short Lighter, long Paradex
XMR
0.0026%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0122%
Funding arbitrage
Short Paradex, long Lighter
WLFI
0.0026%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0070%
Funding arbitrage
Short Lighter, long Paradex
TAO
0.0025%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0071%
Funding arbitrage
Short Lighter, long Paradex
MU
0.0019%
Gap per 8h
Lighter per 8h
0.0032%
Paradex per 8h
0.0051%
Funding arbitrage
Short Paradex, long Lighter
SOL
0.0019%
Gap per 8h
Lighter per 8h
-0.0024%
Paradex per 8h
-0.0005%
Funding arbitrage
Short Paradex, long Lighter
XAG
0.0018%
Gap per 8h
Lighter per 8h
0.0032%
Paradex per 8h
0.0050%
Funding arbitrage
Short Paradex, long Lighter
XAU
0.0018%
Gap per 8h
Lighter per 8h
0.0032%
Paradex per 8h
0.0050%
Funding arbitrage
Short Paradex, long Lighter
XCU
0.0018%
Gap per 8h
Lighter per 8h
0.0032%
Paradex per 8h
0.0050%
Funding arbitrage
Short Paradex, long Lighter
GOOGL
0.0018%
Gap per 8h
Lighter per 8h
0.0032%
Paradex per 8h
0.0050%
Funding arbitrage
Short Paradex, long Lighter
META
0.0018%
Gap per 8h
Lighter per 8h
0.0032%
Paradex per 8h
0.0050%
Funding arbitrage
Short Paradex, long Lighter
US100
0.0018%
Gap per 8h
Lighter per 8h
0.0032%
Paradex per 8h
0.0050%
Funding arbitrage
Short Paradex, long Lighter
SPCX
0.0017%
Gap per 8h
Lighter per 8h
0.0032%
Paradex per 8h
0.0049%
Funding arbitrage
Short Paradex, long Lighter
US500
0.0016%
Gap per 8h
Lighter per 8h
0.0032%
Paradex per 8h
0.0048%
Funding arbitrage
Short Paradex, long Lighter
KAITO
0.0013%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0083%
Funding arbitrage
Short Lighter, long Paradex
MRVL
0.0013%
Gap per 8h
Lighter per 8h
0.0032%
Paradex per 8h
0.0045%
Funding arbitrage
Short Paradex, long Lighter
PENDLE
0.0010%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0086%
Funding arbitrage
Short Lighter, long Paradex
DRAM
0.0009%
Gap per 8h
Lighter per 8h
0.0032%
Paradex per 8h
0.0041%
Funding arbitrage
Short Paradex, long Lighter
BNB
0.0009%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0087%
Funding arbitrage
Short Lighter, long Paradex
LINK
0.0007%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0089%
Funding arbitrage
Short Lighter, long Paradex
CC
0.0007%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0089%
Funding arbitrage
Short Lighter, long Paradex
NEAR
0.0006%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0090%
Funding arbitrage
Short Lighter, long Paradex
BTC
0.0005%
Gap per 8h
Lighter per 8h
0.0040%
Paradex per 8h
0.0035%
Funding arbitrage
Short Lighter, long Paradex
ADA
0.0004%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0092%
Funding arbitrage
Short Lighter, long Paradex
ZEC
0.0004%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0100%
Funding arbitrage
Short Paradex, long Lighter
SHIB
0.0004%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0100%
Funding arbitrage
Short Paradex, long Lighter
DOGE
0.0004%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0100%
Funding arbitrage
Short Paradex, long Lighter
TRUMP
0.0004%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0100%
Funding arbitrage
Short Paradex, long Lighter
SUI
0.0004%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0100%
Funding arbitrage
Short Paradex, long Lighter
GRAM
0.0004%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0100%
Funding arbitrage
Short Paradex, long Lighter
ONDO
0.0004%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0100%
Funding arbitrage
Short Paradex, long Lighter
STRK
0.0004%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0100%
Funding arbitrage
Short Paradex, long Lighter
UNI
0.0004%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0100%
Funding arbitrage
Short Paradex, long Lighter
PUMP
0.0004%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0100%
Funding arbitrage
Short Paradex, long Lighter
MON
0.0003%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0099%
Funding arbitrage
Short Paradex, long Lighter
INTC
0.0003%
Gap per 8h
Lighter per 8h
0.0032%
Paradex per 8h
0.0029%
Funding arbitrage
Short Lighter, long Paradex
HYPE
0.0002%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0094%
Funding arbitrage
Short Lighter, long Paradex
LTC
0.0002%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0098%
Funding arbitrage
Short Paradex, long Lighter
ETH
0.0001%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0095%
Funding arbitrage
Short Lighter, long Paradex
ENA
0.0001%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0097%
Funding arbitrage
Short Paradex, long Lighter
AVAX
0.0000%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0096%
Funding arbitrage
Short Lighter, long Paradex
LDO
0.0000%
Gap per 8h
Lighter per 8h
0.0096%
Paradex per 8h
0.0096%
Funding arbitrage
Short Paradex, long Lighter

Lighter vs Paradex Funding Rates: 60 Coins Compared

XPL	-0.0728%	-0.0037%	0.0691%	Short Paradex, long Lighter
PAXG	-0.0232%	0.0100%	0.0332%	Short Paradex, long Lighter
JUP	0.0096%	-0.0133%	0.0229%	Short Lighter, long Paradex
MORPHO	0.0288%	0.0097%	0.0191%	Short Lighter, long Paradex
JTO	0.0096%	-0.0072%	0.0168%	Short Lighter, long Paradex
MSTR	0.0032%	0.0180%	0.0148%	Short Paradex, long Lighter
TRX	-0.0168%	-0.0275%	0.0107%	Short Lighter, long Paradex
AAVE	0.0096%	-0.0006%	0.0102%	Short Lighter, long Paradex
PYTH	0.0096%	0.0007%	0.0089%	Short Lighter, long Paradex
PEPE	0.0096%	0.0049%	0.0047%	Short Lighter, long Paradex
CRCL	0.0032%	0.0077%	0.0045%	Short Paradex, long Lighter
XPT	0.0032%	0.0070%	0.0038%	Short Paradex, long Lighter
MSFT	0.0032%	0.0070%	0.0038%	Short Paradex, long Lighter
ETHFI	0.0096%	0.0059%	0.0037%	Short Lighter, long Paradex
SNDK	0.0032%	0.0069%	0.0037%	Short Paradex, long Lighter
EWY	0.0032%	0.0065%	0.0033%	Short Paradex, long Lighter
VVV	0.0152%	0.0122%	0.0030%	Short Lighter, long Paradex
XRP	0.0032%	0.0061%	0.0029%	Short Paradex, long Lighter
LIT	0.0128%	0.0100%	0.0028%	Short Lighter, long Paradex
XMR	0.0096%	0.0122%	0.0026%	Short Paradex, long Lighter
WLFI	0.0096%	0.0070%	0.0026%	Short Lighter, long Paradex
TAO	0.0096%	0.0071%	0.0025%	Short Lighter, long Paradex
MU	0.0032%	0.0051%	0.0019%	Short Paradex, long Lighter
SOL	-0.0024%	-0.0005%	0.0019%	Short Paradex, long Lighter
XAG	0.0032%	0.0050%	0.0018%	Short Paradex, long Lighter
XAU	0.0032%	0.0050%	0.0018%	Short Paradex, long Lighter
XCU	0.0032%	0.0050%	0.0018%	Short Paradex, long Lighter
GOOGL	0.0032%	0.0050%	0.0018%	Short Paradex, long Lighter
META	0.0032%	0.0050%	0.0018%	Short Paradex, long Lighter
US100	0.0032%	0.0050%	0.0018%	Short Paradex, long Lighter
SPCX	0.0032%	0.0049%	0.0017%	Short Paradex, long Lighter
US500	0.0032%	0.0048%	0.0016%	Short Paradex, long Lighter
KAITO	0.0096%	0.0083%	0.0013%	Short Lighter, long Paradex
MRVL	0.0032%	0.0045%	0.0013%	Short Paradex, long Lighter
PENDLE	0.0096%	0.0086%	0.0010%	Short Lighter, long Paradex
DRAM	0.0032%	0.0041%	0.0009%	Short Paradex, long Lighter
BNB	0.0096%	0.0087%	0.0009%	Short Lighter, long Paradex
LINK	0.0096%	0.0089%	0.0007%	Short Lighter, long Paradex
CC	0.0096%	0.0089%	0.0007%	Short Lighter, long Paradex
NEAR	0.0096%	0.0090%	0.0006%	Short Lighter, long Paradex
BTC	0.0040%	0.0035%	0.0005%	Short Lighter, long Paradex
ADA	0.0096%	0.0092%	0.0004%	Short Lighter, long Paradex
ZEC	0.0096%	0.0100%	0.0004%	Short Paradex, long Lighter
SHIB	0.0096%	0.0100%	0.0004%	Short Paradex, long Lighter
DOGE	0.0096%	0.0100%	0.0004%	Short Paradex, long Lighter
TRUMP	0.0096%	0.0100%	0.0004%	Short Paradex, long Lighter
SUI	0.0096%	0.0100%	0.0004%	Short Paradex, long Lighter
GRAM	0.0096%	0.0100%	0.0004%	Short Paradex, long Lighter
ONDO	0.0096%	0.0100%	0.0004%	Short Paradex, long Lighter
STRK	0.0096%	0.0100%	0.0004%	Short Paradex, long Lighter
UNI	0.0096%	0.0100%	0.0004%	Short Paradex, long Lighter
PUMP	0.0096%	0.0100%	0.0004%	Short Paradex, long Lighter
MON	0.0096%	0.0099%	0.0003%	Short Paradex, long Lighter
INTC	0.0032%	0.0029%	0.0003%	Short Lighter, long Paradex
HYPE	0.0096%	0.0094%	0.0002%	Short Lighter, long Paradex
LTC	0.0096%	0.0098%	0.0002%	Short Paradex, long Lighter
ETH	0.0096%	0.0095%	0.0001%	Short Lighter, long Paradex
ENA	0.0096%	0.0097%	0.0001%	Short Paradex, long Lighter
AVAX	0.0096%	0.0096%	0.0000%	Short Lighter, long Paradex
LDO	0.0096%	0.0096%	0.0000%	Short Paradex, long Lighter

Showing 60 of 60

Frequently asked questions

Which has higher funding rates, Lighter or Paradex?: Right now Paradex has the higher funding rate on 36 of 60 shared coins.
How often do Lighter and Paradex pay funding?: On shared markets, Lighter pays every 8 hours and Paradex every 8 hours, depending on the contract. Rates on this page are annualized so they compare directly.
Can I arbitrage funding between Lighter and Paradex?: Yes, by going long where funding is lower and short where it is higher. The largest gap right now is XPL at 0.0691% per 8 hours (75.68% APR) before fees.