Lighter is a decentralized trading platform built for unmatched security and scale. It’s the first exchange to offer verifiable order matching and liquidations while delivering best-in-class performance on par with traditional exchanges.
Order Book
Connecting…Price Chart: LIT
Largest Bid Walls
Buy| Price | Size | $ Value |
|---|---|---|
Largest Ask Walls
Sell| Price | Size | $ Value |
|---|---|---|
LIT Funding Rate History
Last 7 days · 168 intervalsOver the last 7 days, LIT funding has averaged 0.00162% per hour, an annualised rate of 14.2%. Longs paid shorts in 98% of intervals, meaning positioning has leaned long and holding a long position carried an ongoing cost. The rate ranged from -0.00188% to 0.01110%. LIT is currently the #14 market on Hyperliquid by open interest. Work out what this costs on your own position with the funding rate calculator.
LIT funding & market FAQ
What is the current LIT funding rate?
The current LIT funding rate on Hyperliquid is 0.00125% per hour, with a predicted next rate of not yet available. Over the past 7 days it has averaged 0.00162%. Hyperliquid charges funding every hour, unlike most centralised exchanges which charge every eight.
Who pays funding on LIT right now?
The rate is positive, so longs pay shorts. This happens when the perpetual trades above spot price, and it makes holding a long position an ongoing cost. See how funding rates work for the full mechanism.
What does LIT open interest tell me?
LIT currently has $181,065,945 of open interest, ranking #14 of 533 Hyperliquid markets. Open interest measures capital currently committed to open positions rather than trading activity, so rising open interest alongside rising price indicates new positions rather than a short squeeze. Read more on open interest.
What is my liquidation price on a LIT position?
At the current mark price of $3.6259, a 10x long would be liquidated around $3.2633 and a 10x short around $3.9885. Higher leverage moves those levels much closer — calculate yours exactly with the liquidation price calculator.
Can I trade LIT perpetuals without an account?
Trading requires a Hyperliquid wallet connection, but all the data on this page is public and free to view. You can also inspect any trader's LIT positions, entries and realised PnL by pasting their wallet address — no sign-up needed.
Writing about LIT? Embed this live card on your site for free →