S&P 500 (SP500) funding rate on Lighter

Funding APR
+3.50%
0.0004% / 1h
Interval
1h
next 21:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
11
listing this pair

Over the last 30 days, S&P 500 (SP500) funding on Lighter averaged +3.5% APR and stayed positive 100% of the time, ranging from +3.5% to +4.7%. Right now it pays longs pay shorts at +3.5% APR, settled every 1h across 11 venues we track. The most reliable delta-neutral pairing for S&P 500 (SP500) right now is long Lighter / short Ondo at +1.0% net APR (low risk, ~3.6d to break even).

as of 2026-09-12 20:21 UTC

SP500 funding history on Lighterlast 30d

30d average
+3.51%
Range
4% / 5%
% positive
100%
Volatility
0.0
Best delta-neutral pairing
Long Lighter / Short Ondo
+1.0% net APR
Backtested (30d)
-0.0%
Stability
92.2%
Risk
low
Breakeven
~3.6d

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

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How SP500 funding compares across venues

ExchangeFunding APR
Pacifica+10.95%
Ondo+5.52%
TradeXYZ+5.48%
Polymarket+5.47%
Paradex+5.47%
SoDEX+5.47%
Lighter+3.50%
Extended+3.50%
QFEX+0.00%
Variational+0.00%
HotStuff-21.90%

Frequently asked

What is the current SP500 funding rate on Lighter?

S&P 500 (SP500) on Lighter is funding at 3.50% APR (0.0004% every 1h), paid longs pay shorts, as of 2026-09-12 20:21 UTC.

How often does Lighter pay funding on SP500?

Every 1 hour.

How do I earn SP500 funding without price risk?

Open a delta-neutral position: long Lighter and short Ondo, currently 1.0% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy