IREN funding rate on Lighter RH

Funding APR
+3.50%
0.0004% / 1h
Interval
1h
next 20:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
7
listing this pair

Over the last 0.2 days, IREN funding on Lighter RH averaged +3.5% APR and stayed positive 100% of the time, ranging from +3.5% to +3.5%. Right now it pays longs pay shorts at +3.5% APR, settled every 1h across 7 venues we track. The most reliable delta-neutral pairing for IREN right now is long Variational / short Phoenix at +14.6% net APR (low risk, ~2.4d to break even).

as of 2026-09-04 19:43 UTC

IREN funding history on Lighter RHlast 0d

30d average
+3.50%
Range
4% / 4%
% positive
100%
Volatility
0.0
Best delta-neutral pairing
Long Variational / Short Phoenix
+14.6% net APR
Backtested (30d)
+9.3%
Stability
93.3%
Risk
low
Breakeven
~2.4d

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

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How IREN funding compares across venues

ExchangeFunding APR
Phoenix+22.04%
TradeXYZ+5.48%
Lighter RH+3.50%
QFEX+0.00%
Variational+0.00%
Aster+0.00%
Grvt+0.00%

Frequently asked

What is the current IREN funding rate on Lighter RH?

IREN on Lighter RH is funding at 3.50% APR (0.0004% every 1h), paid longs pay shorts, as of 2026-09-04 19:43 UTC.

How often does Lighter RH pay funding on IREN?

Every 1 hour.

How do I earn IREN funding without price risk?

Open a delta-neutral position: long Variational and short Phoenix, currently 14.6% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy