Funding-Raten im Vergleich: Hyperliquid, Lighter, Binance und Bybit

163 Märkte gibt es auf Hyperliquid und auf Lighter. Alle Raten sind in APR umgerechnet; der Spread ist der Abstand zwischen der höchsten und der niedrigsten Rate.

Märkte auf beiden DEX
163
Hyperliquid und Lighter
Größter Spread, APR
411.5%
SNDK (xyz): Short auf Hyperliquid, Long auf Binance
Median-Spread, APR
20.1%
Märkte mit $1M+ Tagesvolumen auf beiden DEX
BTC2.3%10.5%9.6%8.9%8.2%$3.39B / $162.48M
ETH4.7%4.4%4.8%-0.5%5.3%$2.48B / $75.83M
HYPE10.9%10.5%10.9%10.9%0.4%$1.57B / $14.99M
SOL10.9%-2.6%-2.0%10.9%13.6%$561.58M / $17.20M
ZEC10.9%10.5%6.5%10.9%4.5%$541.37M / $18.09M
SP500Index5.5%3.5%——2.0%$346.72M / $1.41M
NEAR-6.5%8.8%2.3%-5.8%15.3%$299.99M / $18.54M
GOLDRohstoff5.5%3.5%0.0%39.9%39.9%$283.55M / $16.11M
XRP-3.6%-3.5%-4.4%-24.3%20.8%$223.93M / $2.62M
SKHYAktie312.9%277.7%-19.6%278.1%332.5%$189.38M / $1.07M
BRENTOILRohstoff0.5%1.8%-3.9%—5.6%$184.59M / $2.16M
LIT10.9%-21.9%10.9%10.9%32.9%$131.04M / $33.65M
SILVERRohstoff30.2%16.6%5.1%0.4%29.8%$159.89M / $4.31M
MUAktie253.7%215.5%-36.1%114.6%289.8%$158.08M / $1.90M
PUMP10.9%10.5%8.3%-10.5%21.5%$156.19M / $2.87M
CLRohstoff-19.2%-3.5%-7.3%-7.2%15.7%$149.01M / $4.69M
SPCXAktie95.6%3.5%0.0%5.4%95.6%$125.92M / $3.23M
SNDKAktie293.1%247.0%-118.4%132.7%411.5%$125.28M / $3.77M
NVDAAktie24.5%11.4%0.0%0.0%24.5%$99.83M / $4.68M
GOOGLAktie10.0%3.5%0.0%0.0%10.0%$94.10M / $4.60M
DOGE10.9%10.5%-0.2%6.9%11.2%$94.53M / $732.9K
ENA10.9%-21.9%10.9%1.4%32.9%$89.79M / $2.92M
METAAktie14.4%3.5%0.0%0.0%14.4%$84.46M / $5.00M
DRAMAktie251.8%233.9%-13.0%202.5%264.8%$79.18M / $922.7K
CRCLAktie83.3%67.5%0.0%70.6%83.3%$76.10M / $1.43M
TSLAAktie64.2%42.0%0.0%1.3%64.2%$70.66M / $5.46M
ZRO10.9%10.5%10.9%10.9%0.4%$67.55M / $8.01M
XMR10.9%7.9%10.9%10.9%3.1%$70.26M / $2.41M
WLD10.9%2.6%-9.2%-5.2%20.1%$66.66M / $5.62M
UNI10.9%-15.8%-1.3%-9.7%26.7%$68.71M / $1.31M
INTCAktie176.0%154.2%0.0%140.6%176.0%$63.90M / $1.44M
VVV10.9%10.5%10.9%10.9%0.4%$62.48M / $1.46M
AAVE10.9%10.5%8.2%10.9%2.7%$59.41M / $4.35M
XPL10.9%10.5%10.9%10.9%0.4%$57.82M / $5.67M
LINK9.8%-1.8%8.7%4.9%11.5%$57.92M / $1.48M
SUI10.9%10.5%2.1%0.6%10.3%$57.58M / $1.13M
AAPLAktie-2.9%3.5%0.0%0.0%6.4%$49.54M / $4.39M
TAO10.9%-7.9%-11.6%-13.3%24.2%$49.72M / $606.8K
BNB0.8%10.5%3.2%4.2%9.7%$45.68M / $4.20M
MSTRAktie109.1%88.5%13.0%185.7%172.7%$46.48M / $2.64M
STRK10.9%10.5%10.9%10.9%0.4%$40.67M / $318.2K
NBISAktie272.0%237.4%-29.4%101.0%301.4%$36.19M / $865.1K
ADA-27.9%-6.1%-3.2%-15.1%24.7%$33.51M / $1.93M
ONDO-19.4%9.6%-4.4%8.9%29.0%$34.26M / $551.5K
FARTCOIN10.9%10.5%10.9%10.9%0.4%$34.40M / $345.2K
MON-25.2%10.5%-21.7%-35.0%45.5%$34.29M / $410.8K
SOXLAktie343.6%295.2%-31.7%224.2%375.3%$32.69M / $1.78M
AERO10.9%10.5%1.8%-14.1%25.1%$32.67M / $1.19M
CBRSAktie65.7%38.5%-94.3%0.0%160.1%$33.67M / $184.4K
GRASS10.9%10.5%10.9%10.9%0.4%$29.70M / $829.0K
GRAM-12.7%10.5%10.9%10.9%23.7%$27.38M / $1.97M
AMZNAktie5.5%3.5%0.0%0.0%5.5%$26.77M / $2.02M
CXMTAktie168.2%21.0%18.9%56.4%149.3%$27.81M / $50.5K
PONS10.9%-48.2%10.9%-8.4%59.1%$26.05M / $718.2K
LTC10.9%10.5%6.4%4.8%6.2%$25.43M / $978.5K
MSFTAktie-20.6%3.5%0.0%-10.9%24.1%$22.66M / $3.14M
kPEPE8.1%10.5%-30.7%-4.3%41.2%$24.46M / $380.9K
ASTER10.9%10.5%10.7%-5.2%16.2%$23.77M / $729.2K
PAXG8.3%10.5%-0.2%10.9%11.1%$22.54M / $1.78M
CASHCAT10.9%53.4%—10.9%42.5%$22.28M / $477.1K
AVAX-20.7%-21.0%-3.2%-24.7%21.5%$21.54M / $1.10M
CRWVAktie315.3%172.6%-80.7%135.5%396.0%$20.21M / $319.6K
HOODAktie79.8%60.4%0.0%33.4%79.8%$18.50M / $1.09M
CRV10.9%10.5%10.4%10.9%0.6%$18.61M / $351.0K
ORCLAktie8.8%3.5%0.0%0.0%8.8%$18.17M / $344.0K
ARB10.9%4.4%0.9%10.9%10.1%$17.43M / $606.3K
AMDAktie125.0%100.7%0.0%—125.0%$15.72M / $1.41M
ZHIPUAktie28.5%0.9%-48.9%0.0%77.4%$16.27M / $102.8K
UNITREEAktie42.9%3.5%0.0%0.0%42.9%$16.25M / $114.6K
COINAktie107.1%90.2%0.0%117.9%117.9%$14.90M / $667.9K
STRCAktie5.5%0.0%0.0%—5.5%$14.54M / $803.1K
HBAR10.9%10.5%3.9%1.8%9.1%$13.75M / $480.2K
TIA10.9%10.5%3.0%2.5%8.4%$13.13M / $452.3K
TRX10.9%10.5%9.3%-9.3%20.3%$13.14M / $273.9K
COPPERRohstoff5.5%3.5%0.0%—5.5%$12.88M / $486.6K
PLTRAktie16.4%3.5%0.0%0.0%16.4%$12.69M / $357.0K
NATGASRohstoff-8.9%3.5%0.0%—12.4%$11.45M / $1.25M
XLM1.0%10.5%-5.0%9.9%15.5%$12.48M / $147.2K
BABAAktie5.5%3.5%0.0%0.0%5.5%$11.93M / $334.9K
ETHFI10.9%10.5%10.9%-26.2%37.2%$11.15M / $906.1K
AVGOAktie64.2%3.5%-2.3%0.0%66.4%$11.58M / $0
DELLAktie68.9%7.9%-24.8%-68.5%137.5%$11.24M / $140.6K
FIL10.9%10.5%-3.0%-19.1%30.0%$11.22M / $69.9K
WLFI10.9%-40.3%10.9%10.9%51.2%$10.25M / $984.9K
LDO10.9%10.5%10.9%7.0%4.0%$10.09M / $877.0K
PENDLE10.9%10.5%1.1%10.9%9.9%$10.40M / $389.7K
PENGU-47.7%7.0%3.9%-11.0%54.7%$9.89M / $270.0K
JUP-4.7%10.5%-6.2%10.9%17.2%$9.60M / $506.0K
EWYAktie147.8%81.5%0.0%89.3%147.8%$9.94M / $130.7K
TRUMP10.9%10.5%1.5%10.9%9.5%$9.16M / $380.1K
TSMAktie34.3%3.5%0.0%41.2%41.2%$8.83M / $150.6K
USELESS10.9%10.5%10.9%10.9%0.4%$7.90M / $576.0K
BBAktie148.5%62.2%10.9%10.9%137.6%$8.25M / $184.2K
BCH10.9%10.5%-3.7%-1.3%14.6%$7.71M / $481.5K
MRVLAktie175.5%117.4%-16.2%42.1%191.7%$8.03M / $63.4K
CHIP-19.3%-54.3%-4.7%2.8%57.2%$7.89M / $146.6K
MEGA10.9%10.5%6.4%10.9%4.6%$7.88M / $112.3K
LITEAktie246.7%197.1%0.0%145.4%246.7%$7.62M / $308.9K
KORUAktie515.3%3.5%-72.5%338.7%587.8%$7.85M / $0
kBONK10.9%10.5%-3.2%10.9%14.2%$7.63M / $171.8K
KIOXIAAktie44.0%3.5%——40.5%$7.18M / $0
RKLBAktie148.4%76.2%-18.4%57.9%166.8%$7.02M / $102.9K
SYRUP10.9%10.5%10.9%10.9%0.4%$6.87M / $206.0K
VIRTUAL10.9%7.9%2.7%10.9%8.3%$6.47M / $469.7K
MORPHO10.9%10.5%-8.9%-37.2%48.1%$6.27M / $426.2K
APT6.1%-24.5%-2.2%10.9%35.5%$5.95M / $613.5K
ZK10.9%10.5%-6.8%10.9%17.7%$6.38M / $85.4K
CC-1.3%-82.3%-26.8%-19.2%81.0%$6.19M / $208.1K
POL10.9%10.5%-18.4%-17.9%29.3%$6.11M / $215.3K
DOT-6.0%0.9%-0.5%-46.1%47.0%$6.05M / $230.2K
SPX10.9%10.5%10.9%10.9%0.4%$5.57M / $171.3K
GMEAktie5.5%3.5%0.0%—5.5%$5.67M / $0
AAOIAktie480.4%142.8%-107.7%184.0%588.0%$5.29M / $0
MNT10.9%10.5%—10.9%0.4%$5.16M / $93.3K
WIF10.9%10.5%10.9%10.9%0.4%$5.06M / $72.6K
ARMAktie140.0%3.5%-78.3%0.0%218.3%$4.93M / $0
PLATINUMRohstoff9.5%3.5%0.0%—9.5%$4.58M / $335.2K
OP10.9%10.5%-9.8%-3.8%20.8%$4.45M / $158.6K
PYTH10.9%-39.4%-1.1%-32.3%50.4%$4.30M / $125.4K
EIGEN10.9%10.5%2.8%-37.2%48.1%$3.75M / $502.7K
SEI10.9%10.5%0.1%10.9%10.9%$4.04M / $172.9K
ICP10.9%10.5%7.5%3.2%7.8%$3.94M / $202.7K
WDCAktie245.0%3.5%-19.7%56.4%264.7%$4.09M / $0
JTO10.9%10.5%3.9%-7.7%18.7%$3.90M / $152.3K
MET-47.6%3.5%-24.1%-35.5%51.1%$3.82M / $124.6K
SKY7.6%10.5%1.0%-23.3%33.8%$3.43M / $360.1K
BEAktie234.0%3.5%-87.2%44.5%321.2%$3.73M / $0
DASH10.9%10.5%7.7%10.9%3.2%$3.13M / $68.9K
PALLADIUMRohstoff19.3%3.5%0.0%—19.3%$2.76M / $413.9K
ASMLAktie114.9%3.5%0.0%73.4%114.9%$3.11M / $43.5K
kSHIB-4.0%10.5%4.7%-1.3%14.5%$2.83M / $167.7K
MRNAAktie-106.6%-67.5%0.0%-84.6%106.6%$2.75M / $120.3K
LINEA10.9%10.5%-4.2%10.9%15.1%$2.70M / $104.8K
QCOMAktie87.7%3.5%0.0%0.0%87.7%$2.65M / $0
BMNRAktie206.7%3.5%-71.4%77.1%278.1%$2.08M / $510.3K
MINIMAXAktie54.7%3.5%0.0%41.4%54.7%$2.38M / $68.1K
BOTAktie184.5%3.5%-34.2%0.0%218.8%$2.38M / $31.6K
AZTEC10.9%10.5%10.9%10.9%0.4%$2.24M / $54.5K
0G10.9%10.5%10.9%10.9%0.4%$2.13M / $13.4K
POPCAT10.9%10.5%10.9%10.9%0.4%$1.97M / $40.2K
BERA-108.2%-18.4%-23.8%10.9%119.2%$1.94M / $54.5K
APEX10.9%10.5%—10.9%0.4%$1.89M / $47.1K
DYDX10.9%-15.8%7.6%10.9%26.7%$1.87M / $36.5K
KAITO10.9%10.5%10.9%10.9%0.4%$1.82M / $65.8K
IBMAktie7.6%3.5%0.0%-9.4%17.0%$1.59M / $196.7K
STBL19.4%10.5%10.9%10.9%8.8%$1.66M / $41.2K
NOWAktie5.5%3.5%0.0%0.0%5.5%$1.49M / $7.7K
GMX10.9%10.5%-0.7%-1.9%12.9%$1.36M / $77.3K
S0.6%10.5%-1.0%6.7%11.5%$1.25M / $117.5K
NOKAktie58.7%3.5%0.0%—58.7%$1.35M / $0
2Z-41.8%10.5%10.9%10.9%52.8%$1.13M / $20.9K
QNTAktie64.2%-2.6%-6.1%-16.4%80.6%$939.4K / $109.3K
STABLE10.9%10.5%10.9%10.9%0.4%$866.2K / $99.4K
ZORA10.9%10.5%-2.9%10.9%13.9%$919.0K / $13.6K
OURAAktie3.8%0.0%5.5%0.0%5.5%$791.8K / $92.6K
BIO10.9%10.5%10.9%10.9%0.4%$863.6K / $9.8K
SHEINAktie-16.1%3.5%—0.0%19.6%$834.4K / $7.0K
AVNT10.9%10.5%10.9%-16.5%27.4%$695.9K / $36.1K
AXS10.9%10.5%2.5%-15.1%26.1%$439.8K / $10.6K
SKR10.9%10.5%10.9%10.9%0.4%$411.9K / $7.0K
kFLOKI10.9%10.5%-5.4%10.9%16.4%$356.4K / $13.7K
GEVAktie19.0%3.5%0.0%0.0%19.0%$241.4K / $3.7K
PROVE10.9%10.5%6.2%10.9%4.7%$212.7K / $18.1K

Funding-Vergleich: Fragen und Antworten

Warum unterscheidet sich das Funding auf Hyperliquid und Lighter?

Jede Börse berechnet das Funding aus ihrer eigenen Prämie — wie weit ihr Kontrakt vom Indexpreis abweicht. Ohne Prämie liegt die Basisrate bei etwa 11% pro Jahr auf Hyperliquid und etwa 10,5% auf Lighter; überfüllte Longs oder Shorts auf einer Börse verschieben ihre Rate unabhängig von der anderen.

Wie funktioniert Funding-Arbitrage zwischen Hyperliquid und Lighter?

Man eröffnet einen Short an der Börse mit der höchsten Rate und einen gleich großen Long an der mit der niedrigsten: das Preisrisiko hebt sich auf, und man kassiert die Funding-Differenz, solange sie besteht. Gebühren, der Preisunterschied zwischen den Börsen und eine Änderung der Raten schmälern den Gewinn, und jede Seite braucht eigene Margin und kann liquidiert werden.

Wie oft wird Funding an jeder Börse gezahlt?

Hyperliquid und Lighter zahlen Funding stündlich, Binance und Bybit je nach Markt alle 4 oder 8 Stunden. Damit man sie vergleichen kann, rechnet HyperScan jede Rate auf eine Stunde und auf APR um.

Welche Märkte haben gerade den größten Funding-Spread?

Unter den Märkten mit $1M+ Tagesvolumen auf beiden DEX: SNDK (xyz) — 411.5% APR (Short auf Hyperliquid, Long auf Binance); SOXL (xyz) — 375.3% APR (Short auf Hyperliquid, Long auf Binance); SKHY (xyz) — 332.5% APR (Short auf Hyperliquid, Long auf Binance). Die Tabelle oben wird jede Minute aktualisiert.