STABLE funding rate on Lighter

Funding APR
-92.86%
-0.0106% / 1h
Interval
1h
next 14:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
5
listing this pair

Over the last 30 days, STABLE funding on Lighter averaged -24.4% APR and stayed positive 68.1% of the time, ranging from -486.0% to +147.3%. Right now it pays shorts pay longs at -92.9% APR, settled every 1h across 5 venues we track. The most reliable delta-neutral pairing for STABLE right now is long Hyperliquid / short Variational at +25.2% net APR (medium risk, ~2.1d to break even).

as of 2026-09-12 13:31 UTC

STABLE funding history on Lighterlast 30d

30d average
-24.40%
Range
-486% / 147%
% positive
68.1%
Volatility
94.1
Best delta-neutral pairing
Long Lighter / Short Variational
+73.2% net APR
Backtested (30d)
-14.1%
Stability
64.6%
Risk
high
Breakeven
~1.9d

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

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How STABLE funding compares across venues

ExchangeFunding APR
Extended+11.39%
Variational+10.95%
Aster+10.95%
Hyperliquid-28.97%
Lighter-92.86%

Frequently asked

What is the current STABLE funding rate on Lighter?

STABLE on Lighter is funding at -92.86% APR (-0.0106% every 1h), paid shorts pay longs, as of 2026-09-12 13:31 UTC.

How often does Lighter pay funding on STABLE?

Every 1 hour.

How do I earn STABLE funding without price risk?

Open a delta-neutral position: long Lighter and short Variational, currently 73.2% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy