ETH funding arbitrage: lighter vs phoenix

Long ETH on lighter against short ETH on phoenix.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LonglighterETH0.0012% / 1h+10.51%$454.30M$243.10M
ShortphoenixETH0.0020% / 1h+17.94%$1.34M$2.82M

Funding spread +7.43% APR. Price spread +0.0997%.

Data generated at 2026-09-01T05:32:38Z. Live numbers load on this page automatically.