US500 funding rate
US500 funding is 0.0004% per hour on Lighter (3.50% APR). A positive rate means longs pay shorts.
Data as of . Refreshed about every minute.
Current rate by venue
| Venue | Market | Per hour | APR | Per day on $10,000 | Open interest |
|---|---|---|---|---|---|
| Lighter | US500 | 0.0004% | 3.50% | Long pays $0.96 | $962K |
Funding history, last 30 days
Over the last 30 days US500 funding averaged 3.27% APR on Lighter. From each venue's settled funding payments, as of Nov 11, 2026, 00:47 UTC.
| Venue | 24 h avg (APR) | 7 d avg (APR) | 30 d avg (APR) | Payments where longs paid (30 d) |
|---|---|---|---|---|
| Lighter | 3.50% | 3.29% | 3.27% | 98% |
Method and sources
Rates are per hour: Hyperliquid and Lighter pay hourly; Aster's rate is divided by the market's funding interval (8, 4 or 1 hours). APR = rate per hour × 24 × 365, not compounded. Averages are total funding paid over the period divided by its hours. A positive rate means longs pay shorts. Live rates refresh about every minute, history every 15 minutes.
More: US500 perp markets by venue, all funding rates, how hourly funding works
Frequently asked questions
- Do longs or shorts pay US500 funding right now?
- On Lighter, longs pay shorts 0.0004% per hour (3.50% APR). These are the latest rates; they change every hour, so the 7- and 30-day averages on this page say more about what a position has paid.
- How often is US500 funding paid?
- Lighter pays US500 funding every hour. Funding is charged on the position's value, not on margin.