LITE funding rates

LITE perpetual funding across 10 venues. Rates are annualized (APR); positive means longs pay shorts.

· refreshed every 5 min

Best pair · 7d
13.3%long Bybit, short Lighter · net 10.4%
Highest funding now
24.5%Lighter
Lowest funding now
0.0%Aster
Listed on
10 venues

Funding by venue

7d chartFlagsOpen
LighterLITE24.5%9.7%10.7%12.2%10.9%95%1h05:001,116$117k$26kTradFiLiLighter
RWA PerpPERP_LITE_USDC_mythos10.9%11.0%10.3%10.1%10.1%100%8h08:001,120$827$499TradFiRwRWA Perp
BitgetCEXLITEUSDT6.9%3.6%3.2%1.6%3.2%17%8h08:001,120$3.1M$3.4MTradFiBgBitget
PolymarketLITE-USD5.5%3.1%1.3%6.0%1.0%88%1h05:001,119$219k$232kTradFiPmPolymarket
AsterLITEUSDT0.0%0.0%0.2%0.0%0.2%5%8h08:001,121$193k$17kTradFiAsAster
ExtendedLITE-USD0.0%0.0%2.4%3.1%2.8%16%1h05:001,119$7k$116kTradFiExExtended
GRVTLITE_USDT_Perp0.0%0.0%4.4%5.2%5.1%14%8h08:001,120$941$224kTradFiGrGRVT
VariationalLITE0.0%0.0%1.0%1.1%1.2%14%8h—1,117$254k$72kTradFiVaVariational
BybitCEXLITEUSDT0.0%−1.3%−2.6%−1.9%−2.8%0%8h08:001,121$2.1M$577kTradFiByBybit
GateCEXLITE_USDT0.0%0.7%2.2%3.1%2.5%21%8h08:001,121$9.3M$1.8MTradFiGtGate

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.
Spread APRAfter taker feesQuality
7d trendFlagsOpenCalc
BybitCEXLighter24.5%11.1%13.3%14.1%10.4%15.6%3.0dsteady$117k8h/1hTradFiByLicalc
VariationalLighter24.5%9.7%9.7%11.1%9.7%14.5%<0.1dsteady$117k8h/1hTradFispread not incl.VaLicalc
AsterLighter24.5%9.7%10.5%12.2%8.5%12.7%2.8dsteady$117k8h/1hTradFiAsLicalc
GateCEXLighter24.5%9.1%8.5%9.1%4.6%6.8%6.5dsteady$117k8h/1hTradFiGtLicalc
BitgetCEXLighter17.6%6.1%7.5%10.6%4.3%6.5%5.9dsteady$117k8h/1hTradFiBgLicalc
PolymarketLighter19.1%6.6%9.4%6.2%7.3%11.0%3.1dsteady$117kTradFiinvite onlyPmLicalc
ExtendedLighter24.5%9.7%8.3%9.1%7.0%10.4%2.2dsteady$7klow OITradFiExLicalc
GRVTLighter24.5%9.7%6.3%7.0%4.0%6.0%5.2dsteady$941low OI8h/1hTradFiGrLicalc
BybitCEXGRVT0.0%1.3%6.9%7.1%1.7%2.6%11dcooling$941low OITradFiByGrcalc
BybitCEXVariational0.0%1.3%3.6%3.0%0.7%1.1%11dweak$254kTradFispread not incl.ByVacalc
VariationalGRVT0.0%0.0%3.3%4.1%1.0%1.5%9.9dweak$941low OITradFispread not incl.VaGrcalc
BybitCEXExtended0.0%1.3%5.0%5.0%0.8%1.3%12dcooling$7klow OI8h/1hTradFiByExcalc
VariationalExtended0.0%0.0%1.4%1.9%0.1%0.2%13dweak$7klow OI8h/1hTradFispread not incl.VaExcalc
BybitCEXBitgetCEX6.9%4.9%5.8%3.5%−0.2%−0.3%14dsteady$2.1MTradFiByBgcalc
AsterGRVT0.0%0.0%4.2%5.2%−0.2%−0.3%15dweak$941low OITradFiAsGrcalc
VariationalBitgetCEX6.9%3.6%2.2%0.4%−0.9%−1.4%20dweak$254kTradFispread not incl.VaBgcalc
BybitCEXPolymarket5.5%4.4%3.9%7.9%−1.1%−1.6%18dweak$219k8h/1hTradFiinvite onlyByPmcalc
AsterVariational0.0%0.0%0.9%1.1%−1.2%−1.8%34dweak$193kTradFispread not incl.AsVacalc
VariationalPolymarket5.5%3.1%0.3%4.8%−1.8%−2.7%110dweak$219k8h/1hTradFiinvite onlyspread not incl.VaPmcalc
BybitCEXGateCEX0.0%2.0%4.8%5.0%−2.0%−3.0%20dcooling$2.1MTradFiByGtcalc
AsterBitgetCEX6.9%3.6%3.1%1.5%−2.1%−3.2%24dweak$193kTradFiAsBgcalc
BybitCEXAster0.0%1.3%2.7%1.9%−2.2%−3.3%25dweak$193kTradFiByAscalc
AsterExtended0.0%0.0%2.3%3.0%−1.1%−1.7%21dweak$7klow OI8h/1hTradFiAsExcalc
VariationalGateCEX0.0%0.7%1.2%1.9%−2.7%−4.0%45dweak$254kTradFispread not incl.VaGtcalc
AsterPolymarket5.5%3.1%1.1%6.0%−3.0%−4.6%52dweak$193k8h/1hTradFiinvite onlyAsPmcalc
ExtendedGRVT0.0%0.0%1.9%2.2%−1.7%−2.6%27dweak$941low OI1h/8hTradFiExGrcalc
AsterGateCEX0.0%0.7%2.1%3.0%−3.9%−5.9%40dweak$193kTradFiAsGtcalc
PolymarketGRVT−5.5%−3.1%3.1%−0.8%−1.4%−2.0%20dmixed$941low OI1h/8hTradFiinvite onlyPmGrcalc
GateCEXBitgetCEX6.9%2.9%1.0%−1.5%−6.0%−9.1%99dweak$3.1MTradFiGtBgcalc
PolymarketBitgetCEX1.4%0.5%1.9%−4.4%−3.3%−4.9%38dmixed$219k1h/8hTradFiinvite onlyPmBgcalc
GateCEXPolymarket5.5%2.5%−0.9%2.9%−6.9%−10.4%—weak$219k8h/1hTradFiinvite onlyGtPmcalc
ExtendedBitgetCEX6.9%3.6%0.8%−1.5%−3.6%−5.4%77dweak$7klow OI1h/8hTradFiExBgcalc
GateCEXGRVT0.0%−0.7%2.1%2.2%−4.1%−6.2%41dweak$941low OITradFiGtGrcalc
BitgetCEXGRVT−6.9%−3.6%1.1%3.7%−4.4%−6.5%68dweak$941low OITradFiBgGrcalc
PolymarketExtended−5.5%−3.1%1.1%−2.9%−2.2%−3.4%41dmixed$7klow OITradFiinvite onlyPmExcalc
ExtendedPolymarket5.5%3.1%−1.1%2.9%−4.5%−6.8%—weak$7klow OITradFiinvite onlyExPmcalc
GateCEXExtended0.0%−0.7%0.2%0.0%−5.0%−7.5%369dweak$7klow OI8h/1hTradFiGtExcalc
PolymarketGateCEX−5.5%−2.5%0.9%−2.9%−5.0%−7.6%89dmixed$219k1h/8hTradFiinvite onlyPmGtcalc
GRVTBitgetCEX6.9%3.6%−1.1%−3.7%−6.6%−9.9%—weak$941low OITradFiGrBgcalc
GRVTPolymarket5.5%3.1%−3.1%0.8%−7.5%−11.3%—weak$941low OI8h/1hTradFiinvite onlyGrPmcalc
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 04:46 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.

LITE · TradFi

No two venues give a usable spread right now.

LITE: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →Aster1,120.68Gate1,120.68Bybit1,120.57GRVT1,120.44RWA Perp1,120.07Bitget1,119.96Extended1,119.32Polymarket1,119.3Variational1,117.09Lighter1,115.92
Lighter1,115.920.425%0.426%0.416%0.405%0.371%0.361%0.304%0.302%0.105%—
Variational1,117.090.321%0.321%0.311%0.300%0.266%0.257%0.199%0.198%—−0.105%
Polymarket1,119.30.123%0.123%0.113%0.102%0.069%0.059%0.002%—−0.198%−0.302%
Extended1,119.320.121%0.122%0.112%0.100%0.067%0.057%—−0.002%−0.199%−0.304%
Bitget1,119.960.064%0.064%0.054%0.043%0.010%—−0.057%−0.059%−0.257%−0.361%
RWA Perp1,120.070.054%0.054%0.045%0.033%—−0.010%−0.067%−0.069%−0.266%−0.371%
GRVT1,120.440.021%0.021%0.011%—−0.033%−0.043%−0.100%−0.102%−0.300%−0.405%
Bybit1,120.570.010%0.010%—−0.011%−0.045%−0.054%−0.112%−0.113%−0.311%−0.416%
Aster1,120.68—0.000%−0.010%−0.021%−0.054%−0.064%−0.121%−0.123%−0.321%−0.425%
Gate1,120.680.000%—−0.010%−0.021%−0.054%−0.064%−0.122%−0.123%−0.321%−0.426%
All quotes (10)
VenueBidAskQualityAgeVol 24hFlags
Aster1,120.681,120.68mark6m$17kclosedno FX
BitgetCEX1,119.961,119.96mark5m$3.4Mclosedno FX
BybitCEX1,120.571,120.57mark5m$577kclosedno FX
Extended1,119.321,119.32mark6m$116kclosed
GateCEX1,120.681,120.68mark5m$1.8Mclosedno FX
GRVT1,120.441,120.44mark6m$224kclosedno FX
Lighter1,115.921,115.92mark6m$26kclosed
Polymarket1,119.31,119.3mark6m$232kclosed
RWA Perp1,120.071,120.07mark6m$499closed
Variational1,117.091,117.09mark6m$72kclosed

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

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