Lighter vs Jupiter Perps
Lighter traded 8.4× Jupiter Perps's 24-hour volume ($2.68B vs $318.7M).
Head to head
the arrow points to the better figure| Lighter | Jupiter Perps | |
|---|---|---|
| Trading | ||
| $1.18 | BTC trade, $10k | — |
| $277 | BTC trade, $1M | — |
| $14.8M | BTC book depth | — |
| 0.000%/0.000% | ◀Taker / maker | 0.060%/0.060% |
| 50x | Max leverage▶ | 250x |
| Size | ||
| $2.68B | ◀Volume 24h | $318.7M |
| $2.15B | ◀Volume, 7-day average | $282.3M |
| $510.2M | ◀Open interest | — |
| $579.7M | TVL▶ | $674.5M |
| Markets | ||
| 201 | ◀Markets | 3 |
| 96 | ◀Stocks & RWA | 0 |
| 1h | Funding paid every | 1h |
| +0.0096% | BTC funding /8h | L +0.0112% / S +0.0056% |
| +0.682% | BTC longs paid, 30d | +0.998% |
| Access | ||
| No ID | KYC | No ID |
| $LIT | Token | $JUP |
| Season 3 | Airdrop | — |
Cost to trade BTC
| Size | Lighter | Jupiter Perps |
|---|---|---|
| $1k | $0.101.0 bp | — |
| $10k | $1.181.2 bp | — |
| $100k | $15.611.6 bp | — |
| $1M | $2772.8 bp | — |
| $5M | $4,3438.7 bp | — |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 3
funding /8h · Net 7d at $10k| Asset | Lighter | Jupiter Perps | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0096% | L +0.0112% / S +0.0056% | −0.0016% | — |
| ETH | +0.0096% | L +0.0104% / S +0.0056% | −0.0008% | — |
| SOL | +0.0096% | L +0.0128% / S +0.0056% | −0.0032% | — |
Only on Lighter: 208
LIT · ZEC · HYPE · XAU · QQQ · AAPL · SKHYNIX · NEAR · GOOGL · ZRO · BNB · AAVE · SPY · MU · NVDA · XAG · NAS100 · XMR · CL · SNDK · XRP · WLD · CRCL · META · ANTHROPIC · PUMP · AMD · SOXL · EUR · ENA · NATGAS · TSLA · MSFT · BZ · AMZN · INTC · MSTR · SPCX · SAMSUNG · PAXG · ADA · LINK · OPENAI · XPL · VVV · SP500 · GRAM · SKHY · USDKRW · UNITREE · UNI · STRC · SUI · WLFI · LTC · AERO · AVAX · DRAM · USDJPY · COIN · and 148 more
Only on Jupiter Perps: 0
Questions
Which has more markets, Lighter or Jupiter Perps?
Lighter lists 201 active markets and Jupiter Perps 3; 3 assets trade on both.
Does Lighter or Jupiter Perps 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. Jupiter Perps: No ID; not for the US, China, Singapore or sanctioned countries, VPNs forbidden. Beta markets need 69 JUP staked.
Can you arbitrage funding between Lighter and Jupiter Perps?
Not profitably right now: none of the 3 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Lighter or Jupiter Perps?
24-hour volume: Lighter $2.68B, Jupiter Perps $318.7M. Open interest as each reports it: $510.2M and {ob}. TVL: $579.7M and $674.5M.