Railgun (RAIL) Funding Rate History
Railgun (RAIL) perpetual futures funding ranges from 1.00 bps on ASTER to 3.80 bps on LIGHTER across 2 reporting venues, a spread of 2.80 bps. The most extreme rate (41.61% APY annualized) is on LIGHTER. Currently all venues currently report positive funding (longs paying shorts).
A non-zero funding rate spread between venues is the basis for delta-neutral funding arbitrage: long the cheaper-funding exchange and short the more expensive one to capture the spread without picking a side on RAIL price.
RAIL Per-Exchange Funding Rates
| Exchange | Current Funding (bps) | Funding APY | 7-Day Avg Funding (bps) | 24h Volume |
|---|---|---|---|---|
| LIGHTER | 3.80 bps | 41.61% APY | 3.50 bps | $467.19 |
| ASTER | 1.00 bps | 10.95% APY | 1.00 bps | $591.44 |
Last updated 2026-07-10T07:51:30Z (UTC).
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Related: RAIL open interest, RAIL volume, RAIL perp market data.