# US500 Funding Rate on Lighter

As of 2026-10-06 09:09 UTC, the US500 perpetual on Lighter pays 0.0032% per 8h, 0.0032% per 8 hours (3.50% APR), so longs pay shorts. That is the 1st highest of 3 exchanges shown, against a volume-weighted average of 0.0030% per 8 hours (3.28% APR). Over the last 7 days Lighter averaged 0.0032% per 8 hours (3.45% APR).

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Lighter](https://arbtide.com/funding-rates/us500/lighter) | [US500/USDC:USDC](https://app.lighter.xyz/trade/US500) | 0.0032% | 8h | 3.50% | — |
| [OKX](https://arbtide.com/funding-rates/us500/okx) | [US500/USDT:USDT](https://www.okx.com/trade-swap/us500-usdt-swap) | 0.0000% | 8h | 0.00% | 2026-10-06 16:00 UTC |
| [Paradex](https://arbtide.com/funding-rates/us500/paradex) | [US500/USD:USDC](https://app.paradex.trade/trade/US500-USD-PERP) | -0.0086% | 8h | -9.40% | — |

## Frequently asked questions

### What is the US500 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 0.0032% per 8 hours (3.45% APR).

### How often does Lighter pay US500 funding?

Every 8 hours.

### Is US500 funding on Lighter higher than on other exchanges?

Lighter is the 1st highest of 3 exchanges shown. The highest is Lighter at 0.0032% per 8h (3.50% APR) and the lowest is OKX at 0.0000% per 8h (0.00% APR).

### How do you arbitrage US500 funding with Lighter?

Long US500 on OKX and short on Lighter for a gross spread of 0.0032% per 8 hours (3.50% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.