Lighter PYTH perpetual
PYTH
As of 2026-09-09 13:53 UTC, PYTH on Lighter has a collected rate of +0.0096% over 8h, or +10.51% simple annualised; its collected settlement interval is 1h, with up to 5x leverage. Binance has a lower rate for longs at +5.52%.
Maintenance margin ladder
No deduction · An isolated-margin estimate for linear contracts; excludes closing fees, accrued funding, auto-added margin and other positions.
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – ∞ quote | 12.0000% | 5.00x | — |
Contract specification
Quote currency: USD · Settlement currency: USDC · Settlement interval: 1h. Lot size uses the venue’s original order unit; the calculator takes base-asset quantity.
The same asset elsewhere
| Venue | Contract | Rate period | Annualised |
|---|---|---|---|
| Binance | PYTHUSDT | 4h | +5.52% |
| Lighter this page | PYTH | 8h | +10.51% |
| Aster | PYTHUSDT | 4h | +10.95% |
| Bitget | PYTHUSDT | 4h | +10.95% |
| Bybit | PYTHUSDT | 4h | +10.95% |
| Gate | PYTH_USDT | 4h | +10.95% |
| Hyperliquid | PYTH | 1h | +10.95% |
| OKX | PYTH-USDT-SWAP | 4h | +10.95% |
Common questions
What is the Lighter PYTH funding rate?
The latest collected Lighter PYTH funding rate is +0.0096% over a 8h rate period, or +10.51% simple annualised. That period is used for conversion and may differ from the settlement interval. Positive means longs pay shorts; negative reverses this.
How often is funding charged on Lighter PYTH?
The collected settlement interval is 1h, normally 24 times a day. Venues can change it; confirm the next settlement time on the contract page.
What is the maximum leverage on Lighter PYTH?
The collected leverage cap for Lighter PYTH is 5x, with 1 margin tiers shown. Actual leverage also depends on position size, account settings and venue rules.
What is the maintenance margin rate on Lighter PYTH?
The first tier requires 12.0000%, and there are 1 tiers in all — a larger position requires more. This venue applies no deduction: maintenance margin = notional × the rate of the tier the position falls in.
Which venue has the lowest PYTH funding cost for longs?
For a long position, Binance currently has the lowest rate at +5.52% annualised; this page's Lighter is at +10.51%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.
Observation time and verification
This contract’s funding was observed at 2026-09-09 13:53 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. Lighter official data source · Funding methodology
