LIGHT funding rates

LIGHT perpetual funding across 5 venues. Rates are annualized (APR); positive means longs pay shorts.

Data as of 2026-10-12 03:56 UTC · refreshed every 5 min

Best pair · 7d: 20.9%long Gate, short Bybit · net 14.1%
Highest funding now: 27.1%BybitCEX
Lowest funding now: 10.9%BinanceCEX
Listed on: 5 venues

Funding by venue

													Open
BybitCEX	LIGHTUSDT	27.1%	42.9%	31.9%	40.1%	30.1%	100%	4h	04:00	0.2107	$2.5M	$267k	ByBybit
Aster	LIGHTUSDT	12.1%	12.9%	16.3%	30.9%	16.8%	100%	4h	04:00	0.2108	$70k	$5k	AsAster
BinanceCEX	LIGHTUSDT	10.9%	12.1%	14.6%	25.5%	—	100%	4h	04:00	0.2108	$5.1M	$1.8M	BnBinance
GateCEX	LIGHT_USDT	10.9%	11.6%	11.0%	18.5%	10.9%	100%	8h	08:00	0.2106	$2.1M	$324k	GtGate
MEXCCEX	LIGHT_USDT	10.9%	12.0%	17.7%	39.6%	18.6%	100%	4h	04:00	0.2105	$561k	$137k	MxMEXC

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
											Flags	Open	Calc
		Spread APR				After taker fees			Quality
BinanceCEX	BybitCEX	16.1%	30.8%	20.7%	16.1%	15.2%	22.8%	3.7d	new	$2.5M		Bn By	calc
GateCEX	BybitCEX	16.1%	31.3%	20.9%	21.5%	14.1%	21.1%	4.5d	steady	$2.1M	8h/4h	Gt By	calc
Aster	BybitCEX	15.0%	30.0%	15.7%	9.2%	10.7%	16.1%	4.4d	steady	$70k		As By	calc
MEXCCEX	BybitCEX	16.1%	30.9%	14.2%	0.4%	10.3%	15.5%	3.8d	steady	$561k		Mx By	calc
GateCEX	MEXCCEX	0.0%	0.4%	6.6%	21.1%	1.7%	2.5%	10d	cooling	$561k	8h/4h	Gt Mx	calc
GateCEX	Aster	1.1%	1.3%	5.2%	12.3%	−0.8%	−1.2%	16d	steady	$70k	8h/4h	Gt As	calc
Aster	MEXCCEX	−1.1%	−0.9%	1.4%	8.8%	−1.7%	−2.5%	31d	weak	$70k		As Mx	calc
GateCEX	BinanceCEX	0.0%	0.5%	3.5%	7.1%	−3.1%	−4.6%	26d	new	$2.1M	8h/4h	Gt Bn	calc
BinanceCEX	Aster	1.1%	0.8%	1.4%	−3.9%	−3.3%	−4.9%	47d	new	$70k		Bn As	calc
MEXCCEX	BinanceCEX	0.0%	0.1%	0.1%	0.0%	−3.5%	−5.3%	341d	new	$561k		Mx Bn	calc
MEXCCEX	Aster	1.1%	0.9%	−1.4%	−8.8%	−4.6%	−6.8%	—	weak	$70k		Mx As	calc

What the columns and badges mean

now: Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h: Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d: Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d: Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend: Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR: 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital: Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven: Days of 7d-average funding needed to pay back open+close taker fees.
Min OI: Smaller open interest of the two legs, USD.
steady: Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike: The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed: The spread was negative too often: not negative in only X% of hours over 7 days.
new: Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak: Prior-week spread under 5% APR: too small to call steady.
cooling: The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?: Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale: At least one leg has not updated for over 30 minutes.
low OI: Open interest under $50k on at least one leg — size carefully.
8h/1h: Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi: Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only: Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.: A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX: Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 03:56 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

Indicative (mark or mid prices): buy on MEXC at 0.2105, sell on Binance at 0.2108: 0.142% before fees, 0.002% after taker fees.

LIGHT: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →	Binance0.2108	Aster0.210753	Bybit0.21071	Gate0.2106	MEXC0.2105
MEXC0.2105	0.142%	0.120%	0.100%	0.047%	—
Gate0.2106	0.095%	0.072%	0.052%	—	−0.047%
Bybit0.21071	0.043%	0.020%	—	−0.052%	−0.100%
Aster0.210753	0.022%	—	−0.020%	−0.072%	−0.120%
Binance0.2108	—	−0.022%	−0.043%	−0.095%	−0.142%

All quotes (5)

Venue	Bid	Ask	Quality	Age	Vol 24h	Flags
Aster	0.210753	0.210753	mark	6m	$5k	no FX
BinanceCEX	0.2108	0.2108	mark	6m	$1.8M	no FX
BybitCEX	0.21071	0.21071	mark	6m	$267k	no FX
GateCEX	0.2106	0.2106	mark	6m	$324k	no FX
MEXCCEX	0.2105	0.2105	mark	6m	$137k	no FX

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

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