SPY Funding Rate on Lighter

As of 2026-10-05 03:15 UTC, the SPY perpetual on Lighter pays 0.0032% per 8h, 0.0032% per 8 hours (3.50% APR), so longs pay shorts. That is the 5th highest of 19 exchanges shown, against a volume-weighted average of 0.0011% per 8 hours (1.23% APR). Over the last 7 days Lighter averaged 0.0038% per 8 hours (4.12% APR).

Compare Lighter with other exchanges over 7 or 30 days

The widest pairing for Lighter is long SPY on WhiteBIT and short on Lighter. Fees, slippage and the price basis between venues reduce the net return. Learn what a funding rate is.

Frequently asked questions

What is the SPY funding rate on Lighter?

0.0032% per 8h, or 0.0032% per 8 hours (3.50% APR), so longs pay shorts. The 7-day average is 0.0038% per 8 hours (4.12% APR).

How often does Lighter pay SPY funding?

Every 8 hours.

Is SPY funding on Lighter higher than on other exchanges?

Lighter is the 5th highest of 19 exchanges shown. The highest is Deepcoin at 0.0095% per 8h (10.40% APR) and the lowest is WhiteBIT at -0.0100% per 8h (-10.95% APR).

How do you arbitrage SPY funding with Lighter?

Long SPY on WhiteBIT and short on Lighter for a gross spread of 0.0132% per 8 hours (14.45% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.