LIVE PERPETUAL FUNDING
LIT funding rate.
Current LIT perpetual funding on 7 exchanges, normalized to 8-hour and annualized rates so venues with different settlement intervals compare fairly. Positive funding means longs pay shorts.
LIT funding by exchange
7 VENUES| Exchange | Rate | 8h rate | Annualized | Open interest | 24h volume | Next (UTC) |
|---|---|---|---|---|---|---|
| OKXLIT-USDT-SWAP | +0.0050%every 4 hours | +0.0100% | +10.95% | $24.69M | $91.33M | |
| BinanceLITUSDT | +0.0050%every 4 hours | +0.0100% | +10.95% | $74.24M | $91.29M | |
| HyperliquidLIT | +0.0013%every 1 hour | +0.0100% | +10.95% | $195.08M | $48.52M | |
| BybitLITUSDT | +0.0050%every 4 hours | +0.0100% | +10.95% | $46.41M | $45.84M | |
| LighterLIT/USDC | +0.0012%every 1 hour | +0.0096% | +10.51% | $55.71M | $26.88M | |
| BloFinLIT-USDT | +0.0200%every 4 hours | +0.0400% | +43.80% | — | $2.67M | |
| RISExLIT/USDC | +0.0016%every 1 hour | +0.0130% | +14.20% | $812.3K | $1.8M |
Updated . Rates refresh about once a minute on page load. Open interest is converted to USD at the venue mark price; venues without a public open-interest feed show a dash.
Funding arbitrage setup
MARKET NEUTRALCollect +0.0304% per 8 hours, about +33.29% a year if the spread holds. Before fees, slippage, and margin on both venues. The spread changes every interval.
Every rate.
Every venue. Live.
Proliquid streams funding for 2,000+ perpetual markets across seven exchanges and ranks the spreads for you.
- Sort by 8h rate, annualized rate, or spread
- Open interest and volume beside every rate
- Open the market in Terminal with one click
How to read LIT funding
Funding is the periodic payment between longs and shorts that keeps a perpetual contract anchored to its index price. A positive rate means the contract trades above the index and longs pay shorts; a negative rate means shorts pay longs. Persistent extremes signal crowded positioning and often precede sharp unwinds.
Hyperliquid, Lighter, and RISEx settle every hour while Binance, Bybit, OKX, and BloFin settle every 4 or 8 hours. The 8-hour and annualized columns put every venue on the same footing. The annualized number is an extrapolation of the current interval, not a realized yield.
What is the LIT funding rate?
Perpetual futures have no expiry, so exchanges use a periodic funding payment to keep the contract price close to the spot index. When the LIT funding rate is positive, longs pay shorts; when it is negative, shorts pay longs. Each venue settles on its own schedule, which is why this page normalizes every rate to an 8-hour and annualized figure.
Why do the 8-hour and annualized rates differ from the exchange app?
Exchanges display the rate for their own interval: hourly on Hyperliquid, Lighter, and RISEx, and every 4 or 8 hours on Binance, Bybit, OKX, and BloFin. Proliquid multiplies each interval rate to an 8-hour equivalent and extrapolates that to a year so venues can be compared side by side. The annualized figure assumes the current rate holds, which it rarely does.
How does LIT funding rate arbitrage work?
A funding arbitrage holds a long position on the venue with the lowest (or most negative) funding rate and an equal short on the venue with the highest rate. The trade is market neutral and collects the spread between the two payments. Fees, slippage, margin on both venues, and the risk that the spread flips all reduce the realized return.
How current is this data?
Rates, open interest, and volume come from Proliquid's exchange aggregator and refresh about once a minute when the page is loaded. The Proliquid funding screen streams the same feed live and lets you sort every market by rate, spread, and open interest.