IP funding rate on Lighter

Funding APR
+10.51%
0.0012% / 1h
Interval
1h
next 04:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
12
listing this pair

Over the last 30 days, IP funding on Lighter averaged +8.3% APR and stayed positive 96.7% of the time, ranging from -350.0% to +11.4%. Right now it pays longs pay shorts at +10.5% APR, settled every 1h across 12 venues we track. The most reliable delta-neutral pairing for IP right now is long Hyena / short Hyperliquid at +103.9% net APR (high risk, ~0.8d to break even).

as of 2026-06-13 03:55 UTC

IP funding history on Lighterlast 30d

30d average
+8.27%
Range
-350% / 11%
% positive
96.7%
Volatility
18.0
Best delta-neutral pairing
Long Kraken / Short Lighter
+43.5% net APR
Backtested (30d)
+114.7%
Stability
85.1%
Risk
high
Breakeven
~0.5d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How IP funding compares across venues

ExchangeFunding APR
dYdX+10.95%
EdgeX+10.95%
Lighter+10.51%
Variational+9.83%
Hyperliquid-12.88%
Aster-26.06%
01xyz-36.79%
Extended-43.80%
Kraken-45.05%
Grvt-57.82%
Paradex-128.57%
Hyena-129.85%

Frequently asked

What is the current IP funding rate on Lighter?

IP on Lighter is funding at 10.51% APR (0.0012% every 1h), paid longs pay shorts, as of 2026-06-13 03:55 UTC.

How often does Lighter pay funding on IP?

Every 1 hour.

How do I earn IP funding without price risk?

Open a delta-neutral position: long Kraken and short Lighter, currently 43.5% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy