Lighter vs AZverse
Lighter traded 25× AZverse's 24-hour volume ($1.46B vs $58.7M) and holds 8.3× its open interest.
Head to head
the arrow points to the better figure| Lighter | AZverse | |
|---|---|---|
| Trading | ||
| $0.81 | BTC trade, $10k | — |
| $245 | BTC trade, $1M | — |
| $9.6M | BTC book depth | — |
| 0.000%/0.000% | ◀Taker / maker | 0.060%/0.040% |
| 50x | Max leverage | — |
| Size | ||
| $1.46B | ◀Volume 24h | $58.7M |
| $1.89B | Volume, 7-day average | — |
| $525.8M | ◀Open interest | $63.4M |
| $606.0M | ◀TVL | $52.0M |
| Markets | ||
| 198 | ◀Markets | 122 |
| 95 | ◀Stocks & RWA | 73 |
| 1h | Funding paid every | 1h |
| +0.0096% | BTC funding /8h | +0.0077% |
| +0.566% | BTC longs paid, 30d | — |
| Access | ||
| No ID | KYC | No ID |
| $LIT | Token | none yet |
| Season 3 | Airdrop | — |
Cost to trade BTC
| Size | Lighter | AZverse |
|---|---|---|
| $1k | $0.080.8 bp | — |
| $10k | $0.810.8 bp | — |
| $100k | $10.411.0 bp | — |
| $1M | $2452.5 bp | — |
| $5M | $3,3096.6 bp | — |
WLD funding per day
Volume by asset class
last 30 daysOn both: 87
funding /8h · Net 7d at $10k| Asset | Lighter | AZverse | Spread | Net 7d |
|---|---|---|---|---|
| XAU | +0.0032% | +0.0078% | +0.0046% | — |
| SKHYNIX | +0.0320% | +0.0064% | +0.0256% | — |
| CL | +0.0032% | −0.0001% | +0.0033% | — |
| MU | +0.0368% | +0.0172% | +0.0196% | — |
| XAG | +0.0032% | +0.0008% | +0.0024% | — |
| SPCX | +0.0032% | +0.0115% | +0.0083% | — |
| SNDK | +0.0040% | +0.0290% | +0.0250% | — |
| GOOGL | +0.0032% | +0.0008% | +0.0024% | — |
| NVDA | +0.0032% | +0.0067% | +0.0035% | — |
| DRAM | +0.0520% | +0.0314% | +0.0206% | — |
| INTC | +0.0032% | +0.0008% | +0.0024% | — |
| SOXL | +0.0264% | +0.0172% | +0.0092% | — |
| SP500 | +0.0032% | +0.0040% | +0.0008% | — |
| META | +0.0032% | +0.0008% | +0.0024% | — |
| NAS100 | +0.0032% | +0.0060% | +0.0028% | — |
| TSLA | +0.0032% | +0.0008% | +0.0024% | — |
| NATGAS | +0.0032% | +0.0008% | +0.0024% | — |
| MSTR | +0.0032% | +0.0043% | +0.0011% | — |
| CRCL | −0.0096% | +0.0008% | +0.0104% | — |
| AAPL | +0.0032% | −0.0006% | +0.0038% | — |
Only on Lighter: 124
ZRO · BZ · XPL · XMR · VVV · PAXG · GRAM · SKHY · AERO · GRASS · BMNR · STRC · LDO · ETHFI · USDKRW · USELESS · ARB · STABLECOINX · MON · USDCHF · CRV · US10Y · FARTCOIN · JUP · EIGEN · PENDLE · SKY · COPPER · XPD · MORPHO · ORCL · DRV · XPT · STRK · OP · BONK · MEGA · USDJPY · SYRUP · CC · PENGU · CHIP · STONK · SEI · BB · POL · MRNA · TIA · SPX · USDCAD · GBP · S · MET · DELL · RIVER · RKLB · WIF · CRWV · LINEA · AI · and 64 more
Questions
Which has more markets, Lighter or AZverse?
Lighter lists 198 active markets and AZverse 122; 87 assets trade on both, 48 of them stocks, commodities or other real-world assets.
Does Lighter or AZverse require KYC?
Lighter: No ID (the card deposit on-ramp is optional); not for the US, Canada, the UK, China, Russia, Ukraine or sanctioned countries. AZverse: No ID: a wallet signature or an email sign-in with a provisioned wallet; the docs name no barred countries.
Can you arbitrage funding between Lighter and AZverse?
Not profitably right now: none of the 87 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Lighter or AZverse?
24-hour volume: Lighter $1.46B, AZverse $58.7M. Open interest as each reports it: $525.8M and $63.4M. TVL: $606.0M and $52.0M.