MORPHO funding rate on Lighter

Funding APR
+10.51%
0.0012% / 1h
Interval
1h
next 22:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
7
listing this pair

Over the last 30 days, MORPHO funding on Lighter averaged +9.3% APR and stayed positive 91.9% of the time, ranging from -71.7% to +137.4%. Right now it pays longs pay shorts at +10.5% APR, settled every 1h across 7 venues we track. The most reliable delta-neutral pairing for MORPHO right now is long Kraken / short Lighter at +6.1% net APR (high risk, ~0.8d to break even).

as of 2026-06-13 21:47 UTC

MORPHO funding history on Lighterlast 30d

30d average
+9.33%
Range
-72% / 137%
% positive
91.9%
Volatility
15.8
Best delta-neutral pairing
Long Kraken / Short Lighter
+6.1% net APR
Backtested (30d)
-6.2%
Stability
69.5%
Risk
high
Breakeven
~0.8d

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

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How MORPHO funding compares across venues

ExchangeFunding APR
Lighter+10.51%
Hyperliquid+0.10%
dYdX+0.00%
Kraken-22.35%
Variational-22.35%
Aster-63.33%
Paradex-162.69%

Frequently asked

What is the current MORPHO funding rate on Lighter?

MORPHO on Lighter is funding at 10.51% APR (0.0012% every 1h), paid longs pay shorts, as of 2026-06-13 21:47 UTC.

How often does Lighter pay funding on MORPHO?

Every 1 hour.

How do I earn MORPHO funding without price risk?

Open a delta-neutral position: long Kraken and short Lighter, currently 6.1% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy