RAIL perpetual futures by venue
RAIL perps trade on Lighter (up to 3x), not on Hyperliquid and Aster.
Data as of . Refreshed about every minute.
RAIL on each venue
| Venue | Market | Price | 24 h | 24 h volume | Open interest | Max leverage | Funding / hour | Taker / maker fee |
|---|---|---|---|---|---|---|---|---|
| Lighter | RAILUSDC | $1.9279 | 0.00% | $0 | $2K | 3x | 0.0012%10.51% APR | 0% / 0% |
Fees are each venue's base tier before volume discounts (Lighter: Standard account); see perp DEX fees compared.
Method and sources
Mark prices, 24 h volume and open interest (US dollars, at the mark price) come from each venue's public API and refresh about every minute. Max leverage is for the smallest position tier; Aster's is estimated from its required margin. Funding is per hour (Aster's rate divided by its interval).
More: RAIL funding rate history, all perp markets, liquidation price explained
Frequently asked questions
- Where can I trade RAIL perpetual futures?
- RAIL perps are listed on Lighter (market RAIL), not on Hyperliquid and Aster. The listing is read from each venue's API about every minute.
- What is the maximum leverage on RAIL?
- 3x on Lighter, on the smallest position tier; larger positions get lower leverage. Higher leverage puts the liquidation price closer to the entry price.