Lighter vs Markets by Kinetiq
Lighter traded 16474× Markets by Kinetiq's 24-hour volume ($2.75B vs $167K).
Head to head
the arrow points to the better figure| Lighter | Markets by Kinetiq | |
|---|---|---|
| Trading | ||
| $1.25 | BTC trade, $10k | — |
| $413 | BTC trade, $1M | — |
| $15.1M | BTC book depth | — |
| 0.000%/0.000% | ◀Taker / maker | 0.090%/0.030% |
| 50x | ◀Max leverage | 5x |
| Size | ||
| $2.75B | ◀Volume 24h | $167K |
| $2.15B | ◀Volume, 7-day average | $176K |
| $521.6Mone side | Open interest | $130Klongs + shorts |
| $579.7M | TVL | — |
| Markets | ||
| 201 | ◀Markets | 1 |
| 96 | ◀Stocks & RWA | 0 |
| 1h | Funding paid every | 1h |
| +0.0096% | BTC funding /8h | — |
| +0.682% | BTC longs paid, 30d | — |
| Access | ||
| No ID | KYC | No ID |
| $LIT | Token | none yet |
| Season 3 | Airdrop | Not active |
Volume by asset class
last 90 daysOn both: 0
funding /8h · Net 7d at $10kOnly on Lighter: 211
BTC · ETH · LIT · ZEC · SOL · HYPE · XAU · QQQ · AAPL · SKHYNIX · NEAR · GOOGL · ZRO · AAVE · BNB · SPY · MU · NVDA · XAG · NAS100 · XMR · CL · SNDK · XRP · WLD · CRCL · SOXL · META · PUMP · AMD · ANTHROPIC · EUR · NATGAS · ENA · TSLA · MSFT · BZ · INTC · AMZN · MSTR · SPCX · SAMSUNG · PAXG · ADA · LINK · XPL · OPENAI · VVV · GRAM · SP500 · SKHY · USDKRW · UNITREE · UNI · STRC · SUI · WLFI · LTC · AERO · AVAX · and 151 more
Only on Markets by Kinetiq: 1
Questions
Which has more markets, Lighter or Markets by Kinetiq?
Lighter lists 201 active markets and Markets by Kinetiq 1; 0 assets trade on both.
Does Lighter or Markets by Kinetiq 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. Markets by Kinetiq: No ID (only the optional card and bank on-ramp checks identity); not for US or Ontario residents or sanctioned countries.
Can you arbitrage funding between Lighter and Markets by Kinetiq?
Not profitably right now: none of the 0 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Lighter or Markets by Kinetiq?
24-hour volume: Lighter $2.75B, Markets by Kinetiq $167K. Open interest as each reports it: $521.6M and $130K. Markets by Kinetiq reports open interest as longs plus shorts, both sides of every position; Lighter reports one side. For the same positions Markets by Kinetiq's figure reads about twice as large. TVL: $579.7M and none published.