S funding rate on Lighter
Over the last 30 days, S funding on Lighter averaged -12.4% APR and stayed positive 60.4% of the time, ranging from -164.0% to +199.4%. 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 S right now is long Kraken / short Hyperliquid at +129.5% net APR (medium risk, ~0.9d to break even).
S funding history on Lighterlast 30d
- Backtested (30d)
- -146.8%
- Stability
- 81.6%
- Risk
- medium
- Breakeven
- ~0.9d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeNot ready to trade? Get a Telegram ping when S's delta-neutral funding APR spikes — no sign-up, no wallet needed. The bot confirms your exact watch level.
How S funding compares across venues
| Exchange | Funding APR |
|---|---|
| n1xyz | +38.54% |
| Extended | +11.39% |
| Aster | +10.95% |
| Lighter | +10.51% |
| Hyperliquid | +1.85% |
| Variational | -84.19% |
| Kraken | -157.06% |
Frequently asked
What is the current S funding rate on Lighter?
S on Lighter is funding at 10.51% APR (0.0012% every 1h), paid longs pay shorts, as of 2026-09-12 18:41 UTC.
How often does Lighter pay funding on S?
Every 1 hour.
How do I earn S funding without price risk?
Open a delta-neutral position: long Kraken and short Hyperliquid, currently 129.5% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.