PYTH funding rate on Lighter

Funding APR
-20.15%
-0.0023% / 1h
Interval
1h
next 11:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
8
listing this pair

Over the last 30 days, PYTH funding on Lighter averaged +9.4% APR and stayed positive 96.5% of the time, ranging from -27.0% to +11.1%. Right now it pays shorts pay longs at -20.1% APR, settled every 1h across 8 venues we track. The most reliable delta-neutral pairing for PYTH right now is long Lighter / short Variational at +23.5% net APR (medium risk, ~1.2d to break even).

as of 2026-07-29 10:04 UTC

PYTH funding history on Lighterlast 30d

30d average
+9.41%
Range
-27% / 11%
% positive
96.5%
Volatility
4.4
Best delta-neutral pairing
Long Lighter / Short Variational
+23.5% net APR
Backtested (30d)
-4.9%
Stability
100%
Risk
medium
Breakeven
~1.2d

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

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How PYTH funding compares across venues

ExchangeFunding APR
Hyperliquid+10.95%
Variational+10.95%
Aster+10.95%
EdgeX+10.95%
Paradex+2.20%
dYdX+0.00%
Kraken-11.66%
Lighter-20.15%

Frequently asked

What is the current PYTH funding rate on Lighter?

PYTH on Lighter is funding at -20.15% APR (-0.0023% every 1h), paid shorts pay longs, as of 2026-07-29 10:04 UTC.

How often does Lighter pay funding on PYTH?

Every 1 hour.

How do I earn PYTH funding without price risk?

Open a delta-neutral position: long Lighter and short Variational, currently 23.5% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy