Lighter RH

live

Robinhood Chain (Arbitrum Orbit); deposits in USDG · Perpetual DEX funding rates, fees and arbitrage pairs on Lighter RH.

Visit Lighter RH

Plain link — no referral.

Fees (taker / maker)
0 / 0 bps
Funding interval
every 1h
Markets tracked
58
Points program
Weekly

Key facts

Status
live
Type
Decentralized exchange (DEX)
Chain
Robinhood Chain (Arbitrum Orbit); deposits in USDG
Fees (taker / maker)
0 / 0 bps
Standard accounts trade at 0 / 0 with a 300 ms taker delay. Plus: 0.5 / 0.5 bps. Premium starts at 3.5 bps taker / 1.2 bps maker below $1M of 14-day volume (docs, 30 Sep 2026).
Funding interval
every 1h
As on Lighter: an 8-hour rate paid hourly, divided by 8.
Points program
A separate points program for Lighter on Robinhood Chain (terms effective 10 Aug 2026), distributed weekly. Multiple accounts for points and trading between your own accounts are banned.
Markets tracked
58
Restricted regions
United States, Canada, United Kingdom, Russia, Belarus, Ukraine, Singapore, UAE, Switzerland
From the Robinhood Chain perps and points terms (Sep 2026).

Notes

A separate exchange from Lighter with its own markets and accounts: crypto plus stock, ETF and metal perps. Same ticker on Lighter and Lighter RH can still be a different contract, so check the identity warning.

Top pairs with Lighter RH

Funding spreads, annualized: short-leg rate minus long-leg rate.
Spread APRAfter taker feesQuality
7d trendFlagsOpenCalc
PONSlong Lighter RH, short ExtendedLighter RHExtended47.3%15.6%25.1%12.7%23.8%35.7%0.7dsteady$96kLrExcalc
PONSlong Lighter RH, short AsterLighter RHAster39.0%24.4%25.6%5.2%23.6%35.3%1.1dsteady$545k1h/4hLrAscalc
PONSlong Lighter RH, short MEXCLighter RHMEXCCEX46.6%15.6%23.9%11.5%22.9%34.3%0.6dsteady$545k1h/4hLrMxcalc
PONSlong Lighter RH, short VariationalLighter RHVariational39.0%13.7%22.8%1.0%22.8%34.2%<0.1dsteady$545k1h/4hspread not incl.LrVacalc
PONSlong Lighter RH, short BybitLighter RHBybitCEX39.0%14.3%25.5%9.7%22.6%33.9%1.6dsteady$545k1h/4hLrBycalc
PONSlong Lighter RH, short BinanceLighter RHBinanceCEX46.8%15.2%23.9%19.3%21.2%31.9%1.5dsteady$545k1h/4hLrBncalc
PONSlong Lighter RH, short GateLighter RHGateCEX39.0%5.2%25.1%11.8%21.2%31.8%2.2dsteady$545k1h/4hLrGtcalc
CASHCATlong Lighter RH, short LighterLighter RHLighter−91.1%12.2%20.9%16.2%20.9%31.4%<0.1dcooling$218kLrLicalc
PONSlong Lighter RH, short BitgetLighter RHBitgetCEX39.0%14.3%23.9%8.6%20.8%31.1%1.8dsteady$545k1h/4hLrBgcalc
PONSlong Lighter RH, short PolymarketLighter RHPolymarket39.0%13.7%22.2%10.3%20.1%30.2%1.3dsteady$51kinvite onlyLrPmcalc
AIlong Lighter RH, short LighterLighter RHLighter0.0%232%78.8%110%78.8%118%<0.1dspike ×4.4$41klow OILrLicalc
PONSlong Lighter RH, short HyperliquidLighter RHHyperliquid39.0%14.0%21.3%6.9%19.0%28.5%1.5dsteady$545kLrHycalc
NEARlong Lighter RH, short NadoLighter RHNado2.3%1.9%20.1%11.1%18.2%27.4%1.3dsteady$1.6MLrNacalc
XRPlong Lighter, short Lighter RHLighterLighter RH11.4%18.8%17.4%5.3%17.4%26.1%<0.1dsteady$774kLiLrcalc
PONSlong Lighter RH, short NadoLighter RHNado39.0%13.7%19.2%−4.5%17.4%26.1%1.3dsteady$52kLrNacalc
LITlong Lighter RH, short RISExLighter RHRISEx−11.8%15.3%16.5%12.0%14.9%22.4%1.3dcooling$1.1MLrRxcalc
VVVlong Lighter RH, short HyperliquidLighter RHHyperliquid0.4%7.8%17.0%0.3%14.7%22.0%1.9dsteady$361kLrHycalc
ZEClong Lighter RH, short RISExLighter RHRISEx−9.3%16.4%16.1%10.1%14.6%21.8%1.4dcooling$1.5MLrRxcalc
SUIlong Variational, short Lighter RHVariationalLighter RH12.7%9.9%14.0%8.1%14.0%21.0%<0.1dsteady$450k8h/1hspread not incl.VaLrcalc
PONSlong Lighter RH, short LighterLighter RHLighter38.5%13.3%13.5%22.6%13.5%20.2%<0.1dsteady$545kLrLicalc
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).

Markets on Lighter RH

Flags
ANSEMANSEM199%23.0%25.0%15.9%25.4%99%1h$30k$28k
CASHCATCASHCAT−99.0%58.0%1.0%27.5%−8.5%61%1h$218k$518k
ASTSASTS47.3%14.8%10.8%6.6%10.2%99%1h$54k$48kTradFi
IRENIREN47.3%24.1%15.8%7.5%14.4%99%1h$121k$74kTradFi
COINCOIN39.4%13.6%10.5%5.7%10.0%99%1h$1.1M$1.6MTradFi
SGOVSGOV−37.7%−1.4%−3.0%−3.8%−3.2%66%1h$463k$60kTradFi
TSMTSM35.9%5.6%5.6%4.6%5.6%100%1h$475k$579kTradFi
CRCLCRCL32.4%9.8%20.6%14.2%22.4%95%1h$2.0M$3.0MTradFi
METAMETA31.5%7.6%7.6%5.5%7.6%100%1h$2.7M$7.1MTradFi
NVDANVDA31.5%6.4%11.6%9.6%12.5%99%1h$8.4M$19.8MTradFi
INTCINTC29.8%10.2%10.3%6.3%10.3%98%1h$1.7M$2.7MTradFi
PONSPONS−28.0%−2.7%−8.2%21.0%−9.1%53%1h$545k$317k
SNDKSNDK27.2%12.4%14.5%6.9%14.9%98%1h$4.2M$11.1MTradFi
QQQQQQ26.3%7.0%9.5%7.2%9.9%99%1h$45.9M$40.5MTradFi
PLTRPLTR−17.5%0.9%3.2%3.5%3.6%96%1h$1.1M$1.7MTradFi
TSLATSLA17.5%5.0%6.2%4.2%6.4%100%1h$2.8M$6.4MTradFi
SOFISOFI16.6%4.3%6.7%6.0%7.1%99%1h$129k$64kTradFi
USARUSAR15.8%5.1%4.5%4.2%4.4%100%1h$499k$158kTradFi
SOXLSOXL12.3%14.4%5.5%4.5%4.0%93%1h$407k$894kTradFi
AIAI10.5%86.8%115%150%119%100%1h$41k$14k
BTCBTC10.5%5.0%3.8%6.6%3.6%68%1h$17.9M$56.6M
GOOGLGOOGL10.5%4.7%14.4%9.8%16.0%99%1h$5.5M$10.4MTradFi
LITLIT10.5%8.1%12.6%20.4%13.3%99%1h$2.8M$3.0M
NEARNEAR10.5%10.5%6.5%16.2%5.8%85%1h$1.6M$17.3M
SOLSOL10.5%10.4%−5.1%0.5%−7.7%46%1h$2.5M$9.4M
SUISUI10.5%9.7%9.9%10.3%9.9%98%1h$450k$728k
USELESSUSELESS10.5%13.2%27.5%—29.9%100%1h$23k$123k
VVVVVV10.5%8.4%6.8%21.6%6.5%85%1h$361k$522k
XRPXRP10.5%4.7%9.3%9.4%10.1%95%1h$774k$2.1M
ZECZEC10.5%10.5%10.5%11.7%10.5%100%1h$1.5M$3.9M
AMZNAMZN9.6%4.0%11.1%6.9%12.2%99%1h$3.2M$7.2MTradFi
SPYSPY9.6%4.7%6.8%6.2%7.1%100%1h$46.5M$60.0MTradFi
AMCAMC8.8%4.7%2.9%3.3%2.6%98%1h$65k$110kTradFi
MUMU5.3%6.8%5.0%3.8%4.7%99%1h$2.0M$4.1MTradFi
AAPLAAPL3.5%3.6%4.6%3.8%4.8%100%1h$6.1M$19.7MTradFi
AMDAMD3.5%6.5%4.3%3.8%3.9%99%1h$1.9M$4.2MTradFi
BABABABA3.5%3.3%3.8%4.6%3.9%99%1h$603k$689kTradFi
BEBE3.5%4.4%4.0%3.5%4.0%99%1h$465k$393kTradFi
CLSKCLSK3.5%3.5%3.5%3.5%3.5%100%1h$7k$19kTradFi
CRWVCRWV3.5%5.2%4.9%3.9%4.9%100%1h$630k$374kTradFi
LUNRLUNR3.5%3.5%3.5%3.5%3.5%100%1h$7k$7k
MSFTMSFT3.5%3.6%5.8%4.2%6.1%100%1h$3.3M$9.3MTradFi
ORCLORCL3.5%4.5%5.6%4.2%5.7%100%1h$860k$990kTradFi
QBTSQBTS3.5%3.5%3.5%3.5%3.5%100%1h$10k$3kTradFi
RGTIRGTI3.5%3.5%3.5%3.5%3.5%100%1h$6k$6kTradFi
SHEINSHEIN3.5%3.5%4.4%5.4%4.6%99%1h$18k$13kTradFi
SKHYSKHY3.5%5.6%3.1%2.8%2.7%88%1h$1.7M$3.2MTradFi
SLVSLV3.5%3.0%3.7%3.7%3.8%99%1h$250k$472k
SMCISMCI3.5%4.0%3.4%3.6%3.3%97%1h$153k$119kTradFi
SPCXSPCX3.5%3.6%4.7%3.9%4.8%100%1h$3.5M$5.8MTradFi
USOUSO3.5%3.2%3.5%3.7%3.5%99%1h$684k$308k
WULFWULF3.5%3.5%3.5%3.5%3.5%100%1h$17k$22k
XAGXAG3.5%5.0%7.2%5.6%7.5%99%1h$3.1M$4.4MTradFi
XAUXAU3.5%3.9%8.4%7.0%9.1%100%1h$11.6M$18.9MTradFi
HYPEHYPE−1.8%−9.6%3.1%8.3%5.3%67%1h$3.8M$7.8M
ETHETH0.9%−6.3%2.2%7.9%3.6%59%1h$21.6M$39.6M
OPENAIOPENAI0.9%0.3%1.8%3.0%2.1%68%1h$4.3M$24.1MTradFi
ANTHROPICANTHROPIC0.0%0.0%1.7%3.0%2.0%62%1h$10.0M$40.7MTradFi

Sources