# PRL Funding Rate on Lighter

As of 2026-10-05 04:01 UTC, the PRL perpetual on Lighter pays 0.3472% per 8h, 0.3472% per 8 hours (380.18% APR), so longs pay shorts. That is the 1st highest of 15 exchanges shown, against a volume-weighted average of 0.0253% per 8 hours (27.74% APR). Over the last 7 days Lighter averaged 0.1474% per 8 hours (161.42% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Lighter](https://arbtide.com/funding-rates/prl/lighter) | [PRL/USDC:USDC](https://app.lighter.xyz/trade/PRL) | 0.3472% | 8h | 380.18% | — |
| [KuCoin](https://arbtide.com/funding-rates/prl/kucoin) | [PRL/USDT:USDT](https://www.kucoin.com/trade/futures/PRLUSDTM) | 0.0072% | 4h | 15.77% | 2026-10-05 08:00 UTC |
| [Extended](https://arbtide.com/funding-rates/prl/extended) | [PRL/USDC:USDC](https://app.extended.exchange/perp/PRL-USD) | 0.0013% | 1h | 11.39% | 2026-10-05 05:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/prl/xt) | [PRL/USDT:USDT](https://www.xt.com/en/futures/trade/prl_usdt) | 0.0051% | 4h | 11.07% | 2026-10-05 08:00 UTC |
| [Binance](https://arbtide.com/funding-rates/prl/binance) | [PRL/USDT:USDT](https://www.binance.com/en/futures/PRLUSDT) | 0.0050% | 4h | 10.95% | 2026-10-05 08:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/prl/bybit) | [PRL/USDT:USDT](https://www.bybit.com/trade/usdt/PRLUSDT) | 0.0050% | 4h | 10.95% | 2026-10-05 08:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/prl/bitget) | [PRL/USDT:USDT](https://www.bitget.com/futures/usdt/PRLUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/prl/gate) | [PRL/USDT:USDT](https://www.gate.com/futures/USDT/PRL_USDT) | 0.0050% | 4h | 10.95% | 2026-10-05 08:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/prl/mexc) | [PRL/USDT:USDT](https://www.mexc.com/futures/PRL_USDT) | 0.0050% | 4h | 10.95% | 2026-10-05 08:00 UTC |
| [BingX](https://arbtide.com/funding-rates/prl/bingx) | [PRL/USDT:USDT](https://bingx.com/en/perpetual/PRL-USDT) | 0.0050% | 4h | 10.95% | — |
| [LBank](https://arbtide.com/funding-rates/prl/lbank) | [PRL/USDT:USDT](https://www.lbank.com/futures/prlusdt) | 0.0050% | 4h | 10.95% | 2026-10-05 08:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/prl/weex) | [PRL/USDT:USDT](https://www.weex.com/futures/PRL-USDT) | 0.0050% | 4h | 10.95% | 2026-10-05 04:01 UTC |
| [Toobit](https://arbtide.com/funding-rates/prl/toobit) | [PRL/USDT:USDT](https://www.toobit.com/en-US/futures/PRL-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-05 08:00 UTC |
| [Aster](https://arbtide.com/funding-rates/prl/aster) | [PRL/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/PRLUSDT) | 0.0050% | 4h | 10.95% | — |
| [Crypto.com](https://arbtide.com/funding-rates/prl/cryptocom) | [PRL/USD:USD](https://crypto.com/exchange/trade/PRLUSD-PERP) | -0.0082% | 1h | -71.50% | 2026-10-05 04:00 UTC |

## Frequently asked questions

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

0.3472% per 8h, or 0.3472% per 8 hours (380.18% APR), so longs pay shorts. The 7-day average is 0.1474% per 8 hours (161.42% APR).

### How often does Lighter pay PRL funding?

Every 8 hours.

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

Lighter is the 1st highest of 15 exchanges shown. The highest is Lighter at 0.3472% per 8h (380.18% APR) and the lowest is Toobit at 0.0050% per 4h (10.95% APR).

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

Long PRL on Toobit and short on Lighter for a gross spread of 0.3372% per 8 hours (369.23% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.