KuCoin vs Lighter head to head
| Metric | KuCoin | Lighter |
|---|---|---|
| Open interest | $3.22B | $499.06M |
| Share of all exchanges tracked | 5.1% | 0.8% |
| Perp volume, 24h | $3.50B | $1.40B |
| Perpetual markets | 530 | 112 |
| OI on the 108 shared coins | $2.66B | $498.29M |
| Avg funding on shared coins / 8h | 0.0067% | 0.0066% |
| Higher funding on | 90 coins | 18 coins |
| OI-weighted funding, all perps / 8h | 0.0072% | 0.0090% |
| Liquidations, 24h | — | $50K |
Liquidations are compared only when both exchanges publish a liquidation feed this site reads.
Funding and open interest on shared coins
top 20 of 108 by combined OI| # | Coin | KuCoin funding | Lighter funding | Spread / 8h | KuCoin OI | Lighter OI |
|---|---|---|---|---|---|---|
| 1 | BTC | 0.0003% | 0.0096% | -0.0093% | $995.35M | $173.99M |
| 2 | ETH | 0.0100% | 0.0096% | 0.0004% | $455.56M | $116.39M |
| 3 | SOL | 0.0030% | -0.0016% | 0.0046% | $139.32M | $13.98M |
| 4 | XRP | 0.0100% | 0.0096% | 0.0004% | $116.26M | $2.39M |
| 5 | ZEC | 0.0100% | 0.0096% | 0.0004% | $98.89M | $19.43M |
| 6 | NEAR | 0.0100% | 0.0096% | 0.0004% | $63.00M | $22.75M |
| 7 | DOGE | 0.0100% | 0.0096% | 0.0004% | $60.61M | $742K |
| 8 | SUI | 0.0100% | 0.0096% | 0.0004% | $58.86M | $1.12M |
| 9 | HYPE | 0.0100% | 0.0096% | 0.0004% | $43.03M | $13.10M |
| 10 | LIT | 0.0100% | 0.0096% | 0.0004% | $5.62M | $49.55M |
| 11 | XMR | 0.0100% | 0.0096% | 0.0004% | $39.02M | $2.34M |
| 12 | ENA | 0.0100% | 0.0096% | 0.0004% | $28.49M | $5.10M |
| 13 | PAXG | 0.0100% | -0.0152% | 0.0252% | $31.86M | $1.57M |
| 14 | PUMP | 0.0100% | 0.0096% | 0.0004% | $28.27M | $3.23M |
| 15 | ADA | 0.0100% | 0.0096% | 0.0004% | $28.26M | $2.24M |
| 16 | LINK | 0.0100% | 0.0096% | 0.0004% | $27.35M | $2.29M |
| 17 | BNB | 0.0100% | 0.0096% | 0.0004% | $24.36M | $3.09M |
| 18 | AVAX | 0.0100% | 0.0096% | 0.0004% | $24.67M | $1.33M |
| 19 | LTC | 0.0100% | 0.0096% | 0.0004% | $23.22M | $1.34M |
| 20 | PEPE | 0.0100% | 0.0096% | 0.0004% | $19.76M | $1.20M |
Coverage. KuCoin: USDT and inverse perps: open interest and funding polled over REST every 60s; KuCoin publishes no liquidation feed. Lighter: Every liquidation on crypto perps (liquidation fills on the public trade stream); OI, volume and funding polled every 60s; added 2026-09-28.
How it's counted. Open interest is the USD value of open perpetual positions (one side) at the mark price, summed over the markets this site tracks; stablecoin pairs are left out. Shared coins are coins with a perpetual on both exchanges (Hyperliquid HIP-3 markets excluded); where an exchange lists several perps for a coin, the one with the most open interest is used. Funding is the 8-hour equivalent; the spread is KuCoin minus Lighter.