Lighter is a decentralized perpetual futures exchange focused on capital efficiency and competitive funding rates. It's one of the newer exchanges supported by JiaDX.
Key Features
- Funding interval: Every 1 hour
- Settlement: USDC
- Self-custody: Non-custodial trading
- Low fees: Competitive trading fees
- Growing ecosystem: Expanding asset coverage
💡 Why Lighter?
Lighter often has unique funding rates compared to larger exchanges, creating arbitrage opportunities. Its growing liquidity makes it increasingly viable for funding rate strategies.
Funding Rate System
Lighter uses a standard perpetual funding mechanism:
- Funding rates based on mark-index price difference
- Payments at regular intervals
- Rates displayed as percentage per funding period
📊 Trading Information
Collateral: USDC
Leverage: Up to 20x on major pairs
Order types: Market, Limit, Stop orders
Supported Assets
Lighter supports perpetual contracts including:
- Bitcoin (BTC)
- Ethereum (ETH)
- Major altcoins
- New listings added regularly
Getting Started
- Connect your wallet to Lighter
- Deposit USDC as collateral
- Generate API keys
- Add keys to JiaDX settings
- Start trading
API Integration
JiaDX integrates with Lighter for:
- Real-time funding rate monitoring
- Position management
- Order execution
- Balance tracking
Arbitrage Opportunities
Lighter can be paired with other exchanges for funding rate arbitrage:
- Lighter + Hyperliquid: Different funding intervals
- Lighter + Aster: Rate differentials
- Lighter + Paradex: Cross-chain arbitrage