get_funding_rate

Current funding rate and next funding timestamp for a perp market.

SERVERLighter MCP SOURCE0xdegenmo/lighter-mcp
Low RISK CLASS
Category Read
Parameters 00 required
Recommended Allowedsee the rule below
Registry record Grade F, identity unverified Pull the record →

This record as markdown: /tools/0xdegenmo-lighter-mcp/get-funding-rate.md

What get_funding_rate does on Lighter MCP

AI agents call get_funding_rate to retrieve information from Lighter MCP without modifying anything. It is typically the context-gathering step in research, monitoring, and reporting workflows, before the agent takes action elsewhere.

Why get_funding_rate is rated Low

This tool only queries and returns funding rate information—a read-only operation with no side effects. It does not create orders, execute trades, move funds, or modify any state. While it is part of a financial trading platform (Lighter DEX), the tool itself performs no financial action; it merely retrieves publicly available market data.

From the tool's definition Tool name 'get_funding_rate' and description 'Current funding rate and next funding timestamp for a perp market' indicate a query operation that retrieves market data without modifying state or executing transactions.

Questions about get_funding_rate

What does the get_funding_rate tool do? +

Current funding rate and next funding timestamp for a perp market. It is categorised as a Read tool in the Lighter MCP MCP Server, which means it retrieves data without modifying state.

How do I enforce a policy on get_funding_rate? +

Register the Lighter MCP server in PolicyLayer and add a rule for get_funding_rate: allow, deny, rate-limit, or require approval. Point your MCP client at the PolicyLayer proxy URL and the rule is enforced on every call, before it reaches Lighter MCP. Nothing to install.

What risk level is get_funding_rate? +

get_funding_rate is a Read tool with low risk. Read-only tools are generally safe to allow by default.

Can I rate-limit get_funding_rate? +

Yes. Add a rate_limit block to the get_funding_rate rule in your PolicyLayer policy. For example, setting max: 10 and window: 60 limits the tool to 10 calls per minute. Rate limits are tracked per agent session and reset automatically.

How do I block get_funding_rate completely? +

Set action: deny in the PolicyLayer policy for get_funding_rate. The AI agent will receive a policy violation error and cannot call the tool. You can also include a reason field to explain why the tool is blocked.

What MCP server provides get_funding_rate? +

get_funding_rate is provided by the Lighter MCP server (0xdegenmo/lighter-mcp). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.

More on Lighter, and thousands of servers like it.

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