# PONS Funding Rate on Lighter

As of 2026-10-04 19:41 UTC, the PONS perpetual on Lighter pays 0.0952% per 8h, 0.0952% per 8 hours (104.24% APR), so longs pay shorts. That is the 3rd highest of 23 exchanges shown, against a volume-weighted average of 0.0586% per 8 hours (64.14% APR). Over the last 7 days Lighter averaged 0.0290% per 8 hours (31.78% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Kraken](https://arbtide.com/funding-rates/pons/kraken) | [PONS/USD:USD](https://pro.kraken.com/app/trade/futures-pons-usd-perp) | 0.0190% | 1h | 166.49% | — |
| [XT.COM](https://arbtide.com/funding-rates/pons/xt) | [PONS/USDT:USDT](https://www.xt.com/en/futures/trade/pons_usdt) | 0.0523% | 4h | 114.54% | 2026-10-04 20:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/pons/lighter) | [PONS/USDC:USDC](https://app.lighter.xyz/trade/PONS) | 0.0952% | 8h | 104.24% | — |
| [Bybit](https://arbtide.com/funding-rates/pons/bybit) | [PONS/USDT:USDT](https://www.bybit.com/trade/usdt/PONSUSDT) | 0.0449% | 4h | 98.30% | 2026-10-04 20:00 UTC |
| [BingX](https://arbtide.com/funding-rates/pons/bingx) | [PONS/USDT:USDT](https://bingx.com/en/perpetual/PONS-USDT) | 0.0429% | 4h | 93.95% | — |
| [Crypto.com](https://arbtide.com/funding-rates/pons/cryptocom) | [PONS/USD:USD](https://crypto.com/exchange/trade/PONSUSD-PERP) | 0.0091% | 1h | 79.62% | 2026-10-04 20:00 UTC |
| [Pacifica](https://arbtide.com/funding-rates/pons/pacifica) | [PONS/USDC:USDC](https://app.pacifica.fi/trade/PONS) | 0.0085% | 1h | 74.68% | 2026-10-04 20:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/pons/toobit) | [PONS/USDT:USDT](https://www.toobit.com/en-US/futures/PONS-SWAP-USDT) | 0.0339% | 4h | 74.28% | 2026-10-04 20:00 UTC |
| [Aster](https://arbtide.com/funding-rates/pons/aster) | [PONS/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/PONSUSDT) | 0.0330% | 4h | 72.35% | — |
| [MEXC](https://arbtide.com/funding-rates/pons/mexc) | [PONS/USDT:USDT](https://www.mexc.com/futures/PONS_USDT) | 0.0302% | 4h | 66.14% | 2026-10-04 20:00 UTC |
| [Binance](https://arbtide.com/funding-rates/pons/binance) | [PONS/USDT:USDT](https://www.binance.com/en/futures/PONSUSDT) | 0.0302% | 4h | 66.12% | 2026-10-04 20:00 UTC |
| [LBank](https://arbtide.com/funding-rates/pons/lbank) | [PONS/USDT:USDT](https://www.lbank.com/futures/ponsusdt) | 0.0302% | 4h | 66.12% | 2026-10-04 20:00 UTC |
| [Extended](https://arbtide.com/funding-rates/pons/extended) | [PONS/USDC:USDC](https://app.extended.exchange/perp/PONS-USD) | 0.0075% | 1h | 65.70% | 2026-10-04 20:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/pons/hyperliquid) | [PONS/USDC:USDC](https://app.hyperliquid.xyz/trade/PONS) | 0.0070% | 1h | 61.38% | 2026-10-04 20:00 UTC |
| [OKX](https://arbtide.com/funding-rates/pons/okx) | [PONS/USDT:USDT](https://www.okx.com/trade-swap/pons-usdt-swap) | 0.0234% | 4h | 51.33% | 2026-10-04 20:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/pons/weex) | [PONS/USDT:USDT](https://www.weex.com/futures/PONS-USDT) | 0.0187% | 4h | 40.89% | 2026-10-04 19:41 UTC |
| [Deepcoin](https://arbtide.com/funding-rates/pons/deepcoin) | [PONS/USDT:USDT](https://www.deepcoin.com/en/swap/PONS-USDT) | 0.0330% | 8h | 36.13% | — |
| [Bitget](https://arbtide.com/funding-rates/pons/bitget) | [PONS/USDT:USDT](https://www.bitget.com/futures/usdt/PONSUSDT) | 0.0126% | 4h | 27.59% | — |
| [KuCoin](https://arbtide.com/funding-rates/pons/kucoin) | [PONS/USDT:USDT](https://www.kucoin.com/trade/futures/PONSUSDTM) | 0.0093% | 4h | 20.37% | 2026-10-04 20:00 UTC |
| [Gate](https://arbtide.com/funding-rates/pons/gate) | [PONS/USDT:USDT](https://www.gate.com/futures/USDT/PONS_USDT) | 0.0050% | 4h | 10.95% | 2026-10-04 20:00 UTC |
| [HTX](https://arbtide.com/funding-rates/pons/htx) | [PONS/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=PONS-USDT&contract_type=swap&type=cross) | 0.0050% | 4h | 10.95% | 2026-10-04 20:00 UTC |
| [BTSE](https://arbtide.com/funding-rates/pons/btse) | [PONS/USDT:USDT](https://www.btse.com/en/futures/PONS-PERP) | 0.0050% | 4h | 10.95% | — |
| [WOOFi Pro](https://arbtide.com/funding-rates/pons/woofipro) | [PONS/USDC:USDC](https://pro.woofi.com/en/trade/PONS_PERP) | 0.0050% | 4h | 10.95% | 2026-10-04 20:00 UTC |

## Frequently asked questions

### What is the PONS funding rate on Lighter?

0.0952% per 8h, or 0.0952% per 8 hours (104.24% APR), so longs pay shorts. The 7-day average is 0.0290% per 8 hours (31.78% APR).

### How often does Lighter pay PONS funding?

Every 8 hours.

### Is PONS funding on Lighter higher than on other exchanges?

Lighter is the 3rd highest of 23 exchanges shown. The highest is Kraken at 0.0190% per 1h (166.49% APR) and the lowest is BTSE at 0.0050% per 4h (10.95% APR).

### How do you arbitrage PONS funding with Lighter?

Long PONS on BTSE and short on Lighter for a gross spread of 0.0852% per 8 hours (93.29% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.