Lighter vs Paradex perpetual futures
Lighter vs Paradex: Lighter standard account 0 / 0 (API: all active markets 0 / 0); premium tiers via staked LIT fees and 1h funding; Paradex UI 0 / 0; API taker 0.02% (API fee_config) fees and continuous accrual, 8h period funding. 63 assets trade on both; longs paid less funding on Lighter for 45 of 63 right now.
as of 2026-10-10 14:05 UTC. source: each exchange's docs and public API, checked hourly.
rules side by side
| Lighter | Paradex | |
|---|---|---|
| markets | 213 | 66 |
| funding interval | 1h | continuous accrual, 8h period |
| funding cap | 0.5% per hour (4% per 8h) | per market max_funding_rate (API) |
| base fees | standard account 0 / 0 (API: all active markets 0 / 0); premium tiers via staked LIT | UI 0 / 0; API taker 0.02% (API fee_config) |
| max leverage | 3-50x | 5-50x |
biggest funding gaps now (annualized)
| asset | Lighter | Paradex | gap |
|---|---|---|---|
| MON | +10.5% | -23.7% | +34.2% |
| PEPE | -30.7% | +2.0% | -32.7% |
| XPL | -18.4% | +9.4% | -27.8% |
| VVV | +7.9% | -16.7% | +24.5% |
| AVAX | -14.0% | +7.0% | -21.0% |
| LIT | -11.4% | +7.7% | -19.0% |
| SOL | -11.4% | +6.1% | -17.5% |
| XRP | -8.8% | +7.0% | -15.7% |
| ETHFI | +10.5% | -4.5% | +15.0% |
| CRCL | +4.4% | +16.0% | -11.6% |
| JUP | -14.9% | -26.2% | +11.3% |
| TRX | +6.1% | -4.9% | +11.0% |
| US500 | +3.5% | -4.0% | +7.5% |
| SNDK | +3.5% | +10.7% | -7.2% |
| PYTH | +10.5% | +5.2% | +5.3% |