CASHCAT funding rate: Hyperliquid vs Lighter

Price 0.10257 · every rate converted to APR · Hyperliquid and Lighter pay funding every hour

Hyperliquid, APR
10.9%
0.0013% per hour
Lighter, APR
53.4%
0.0061% per hour
Binance, APR
—
Not listed
Bybit, APR
10.9%
0.0013% per hour
Max spread, APR
42.5%
Short on Lighter, long on Bybit

Average paid funding, APR

Exchange24 hours7 days30 days
Hyperliquid10.9%18.3%25.0%
Lighter-0.7%21.4%36.5%

Hyperliquid funding by hour, 7 days

11/10, 02:00: 0.0013% (10.9% APR)11/10, 03:00: 0.0013% (10.9% APR)11/10, 04:00: 0.0013% (10.9% APR)11/10, 05:00: 0.0013% (10.9% APR)11/10, 06:00: 0.0013% (10.9% APR)11/10, 07:00: 0.0013% (10.9% APR)11/10, 08:00: 0.0013% (10.9% APR)11/10, 09:00: 0.0013% (10.9% APR)11/10, 10:00: 0.0013% (10.9% APR)11/10, 11:00: 0.0013% (10.9% APR)11/10, 12:00: 0.0013% (10.9% APR)11/10, 13:00: 0.0013% (10.9% APR)11/10, 14:00: 0.0013% (10.9% APR)11/10, 15:00: 0.0013% (10.9% APR)11/10, 16:00: 0.0013% (10.9% APR)11/10, 17:00: 0.0013% (10.9% APR)11/10, 18:00: 0.0013% (10.9% APR)11/10, 19:00: 0.0013% (10.9% APR)11/10, 20:00: 0.0013% (10.9% APR)11/10, 21:00: 0.0013% (10.9% APR)11/10, 22:00: 0.0013% (10.9% APR)11/10, 23:00: 0.0045% (39.7% APR)12/10, 00:00: 0.0092% (80.6% APR)12/10, 01:00: 0.0013% (10.9% APR)12/10, 02:00: 0.0013% (10.9% APR)12/10, 03:00: 0.0013% (10.9% APR)12/10, 04:00: 0.0013% (10.9% APR)12/10, 05:00: 0.0013% (10.9% APR)12/10, 06:00: 0.0013% (10.9% APR)12/10, 07:00: 0.0013% (10.9% APR)12/10, 08:00: 0.0050% (43.9% APR)12/10, 09:00: 0.0067% (58.4% APR)12/10, 10:00: 0.0013% (10.9% APR)12/10, 11:00: 0.0013% (10.9% APR)12/10, 12:00: 0.0013% (10.9% APR)12/10, 13:00: 0.0013% (10.9% APR)12/10, 14:00: 0.0013% (10.9% APR)12/10, 15:00: 0.0013% (10.9% APR)12/10, 16:00: 0.0013% (10.9% APR)12/10, 17:00: 0.0013% (10.9% APR)12/10, 18:00: 0.0013% (10.9% APR)12/10, 19:00: 0.0013% (10.9% APR)12/10, 20:00: 0.0013% (10.9% APR)12/10, 21:00: 0.0013% (10.9% APR)12/10, 22:00: 0.0013% (10.9% APR)12/10, 23:00: 0.0013% (10.9% APR)13/10, 00:00: 0.0013% (10.9% APR)13/10, 01:00: 0.0013% (10.9% APR)13/10, 02:00: 0.0013% (10.9% APR)13/10, 03:00: 0.0013% (10.9% APR)13/10, 04:00: 0.0013% (10.9% APR)13/10, 05:00: 0.0013% (10.9% APR)13/10, 06:00: 0.0013% (10.9% APR)13/10, 07:00: 0.0013% (10.9% APR)13/10, 08:00: 0.0001% (0.9% APR)13/10, 09:00: 0.0013% (10.9% APR)13/10, 10:00: 0.0013% (10.9% APR)13/10, 11:00: 0.0013% (10.9% APR)13/10, 12:00: 0.0013% (10.9% APR)13/10, 13:00: 0.0013% (10.9% APR)13/10, 14:00: 0.0013% (10.9% APR)13/10, 15:00: 0.0013% (10.9% APR)13/10, 16:00: 0.0013% (10.9% APR)13/10, 17:00: 0.0013% (10.9% APR)13/10, 18:00: 0.0013% (10.9% APR)13/10, 19:00: 0.0013% (10.9% APR)13/10, 20:00: 0.0013% (10.9% APR)13/10, 21:00: 0.0013% (10.9% APR)13/10, 22:00: 0.0013% (10.9% APR)13/10, 23:00: 0.0013% (10.9% APR)14/10, 00:00: 0.0013% (10.9% APR)14/10, 01:00: 0.0013% (10.9% APR)14/10, 02:00: 0.0013% (10.9% APR)14/10, 03:00: 0.0013% (10.9% APR)14/10, 04:00: 0.0013% (10.9% APR)14/10, 05:00: 0.0013% (10.9% APR)14/10, 06:00: 0.0013% (10.9% APR)14/10, 07:00: 0.0013% (10.9% APR)14/10, 08:00: 0.0013% (10.9% APR)14/10, 09:00: 0.0036% (31.9% APR)14/10, 10:00: 0.0034% (29.9% APR)14/10, 11:00: 0.0053% (46.1% APR)14/10, 12:00: 0.0013% (10.9% APR)14/10, 13:00: 0.0013% (10.9% APR)14/10, 14:00: 0.0013% (10.9% APR)14/10, 15:00: 0.0013% (10.9% APR)14/10, 16:00: 0.0013% (10.9% APR)14/10, 17:00: 0.0013% (10.9% APR)14/10, 18:00: 0.0013% (10.9% APR)14/10, 19:00: 0.0013% (10.9% APR)14/10, 20:00: 0.0107% (94.0% APR)14/10, 21:00: 0.0067% (58.9% APR)14/10, 22:00: 0.0174% (152.3% APR)14/10, 23:00: 0.0060% (52.5% APR)15/10, 00:00: 0.0056% (49.4% APR)15/10, 01:00: 0.0013% (10.9% APR)15/10, 02:00: 0.0013% (10.9% APR)15/10, 03:00: 0.0013% (10.9% APR)15/10, 04:00: 0.0013% (10.9% APR)15/10, 05:00: 0.0037% (32.7% APR)15/10, 06:00: 0.0013% (10.9% APR)15/10, 07:00: 0.0013% (10.9% APR)15/10, 08:00: 0.0013% (10.9% APR)15/10, 09:00: 0.0013% (10.9% APR)15/10, 10:00: 0.0013% (10.9% APR)15/10, 11:00: 0.0013% (10.9% APR)15/10, 12:00: 0.0013% (10.9% APR)15/10, 13:00: 0.0013% (10.9% APR)15/10, 14:00: 0.0013% (10.9% APR)15/10, 15:00: 0.0029% (25.3% APR)15/10, 16:00: 0.0013% (10.9% APR)15/10, 17:00: 0.0013% (10.9% APR)15/10, 18:00: 0.0024% (20.9% APR)15/10, 19:00: 0.0061% (53.1% APR)15/10, 20:00: 0.0037% (32.2% APR)15/10, 21:00: 0.0091% (79.5% APR)15/10, 22:00: 0.0152% (133.2% APR)15/10, 23:00: 0.0080% (70.0% APR)16/10, 00:00: 0.0107% (94.1% APR)16/10, 01:00: 0.0147% (128.9% APR)16/10, 02:00: 0.0047% (40.9% APR)16/10, 03:00: 0.0044% (38.7% APR)16/10, 04:00: 0.0013% (10.9% APR)16/10, 05:00: 0.0013% (10.9% APR)16/10, 06:00: 0.0013% (10.9% APR)16/10, 07:00: 0.0013% (10.9% APR)16/10, 08:00: 0.0013% (10.9% APR)16/10, 09:00: 0.0027% (23.7% APR)16/10, 10:00: 0.0013% (10.9% APR)16/10, 11:00: 0.0013% (10.9% APR)16/10, 12:00: 0.0013% (10.9% APR)16/10, 13:00: 0.0013% (10.9% APR)16/10, 14:00: 0.0013% (10.9% APR)16/10, 15:00: 0.0013% (10.9% APR)16/10, 16:00: 0.0013% (10.9% APR)16/10, 17:00: 0.0013% (10.9% APR)16/10, 18:00: 0.0013% (10.9% APR)16/10, 19:00: 0.0013% (10.9% APR)16/10, 20:00: 0.0013% (10.9% APR)16/10, 21:00: 0.0013% (10.9% APR)16/10, 22:00: 0.0013% (10.9% APR)16/10, 23:00: 0.0013% (10.9% APR)17/10, 00:00: 0.0013% (10.9% APR)17/10, 01:00: 0.0013% (10.9% APR)17/10, 02:00: 0.0013% (10.9% APR)17/10, 03:00: 0.0013% (10.9% APR)17/10, 04:00: 0.0013% (10.9% APR)17/10, 05:00: 0.0013% (10.9% APR)17/10, 06:00: 0.0013% (10.9% APR)17/10, 07:00: 0.0013% (10.9% APR)17/10, 08:00: 0.0013% (10.9% APR)17/10, 09:00: 0.0013% (10.9% APR)17/10, 10:00: 0.0013% (10.9% APR)17/10, 11:00: 0.0013% (10.9% APR)17/10, 12:00: 0.0013% (10.9% APR)17/10, 13:00: 0.0013% (10.9% APR)17/10, 14:00: 0.0013% (10.9% APR)17/10, 15:00: 0.0013% (10.9% APR)17/10, 16:00: 0.0013% (10.9% APR)17/10, 17:00: 0.0013% (10.9% APR)17/10, 18:00: 0.0013% (10.9% APR)17/10, 19:00: 0.0013% (10.9% APR)17/10, 20:00: 0.0013% (10.9% APR)17/10, 21:00: 0.0013% (10.9% APR)17/10, 22:00: 0.0013% (10.9% APR)17/10, 23:00: 0.0013% (10.9% APR)18/10, 00:00: 0.0013% (10.9% APR)+152% APR−152%12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct
Longs pay shortsShorts pay longs

Lighter funding by hour, 7 days

11/10, 02:00: 0.0333% (291.7% APR)11/10, 03:00: -0.0006% (-5.3% APR)11/10, 04:00: -0.0094% (-82.3% APR)11/10, 05:00: 0.0859% (752.5% APR)11/10, 06:00: 0.0761% (666.6% APR)11/10, 07:00: 0.0614% (537.9% APR)11/10, 08:00: 0.0012% (10.5% APR)11/10, 09:00: 0.0012% (10.5% APR)11/10, 10:00: 0.0680% (595.7% APR)11/10, 11:00: -0.0576% (-504.6% APR)11/10, 12:00: -0.0111% (-97.2% APR)11/10, 13:00: 0.0388% (339.9% APR)11/10, 14:00: -0.0134% (-117.4% APR)11/10, 15:00: 0.0435% (381.1% APR)11/10, 16:00: 0.0583% (510.7% APR)11/10, 17:00: -0.0086% (-75.3% APR)11/10, 18:00: 0.0012% (10.5% APR)11/10, 19:00: -0.0462% (-404.7% APR)11/10, 20:00: -0.0211% (-184.8% APR)11/10, 21:00: -0.0165% (-144.5% APR)11/10, 22:00: -0.0222% (-194.5% APR)11/10, 23:00: 0.0629% (551.0% APR)12/10, 00:00: -0.0004% (-3.5% APR)12/10, 01:00: -0.0628% (-550.1% APR)12/10, 02:00: -0.0268% (-234.8% APR)12/10, 03:00: -0.0525% (-459.9% APR)12/10, 04:00: -0.0560% (-490.6% APR)12/10, 05:00: 0.0372% (325.9% APR)12/10, 06:00: 0.0229% (200.6% APR)12/10, 07:00: -0.0119% (-104.2% APR)12/10, 08:00: 0.0364% (318.9% APR)12/10, 09:00: 0.0105% (92.0% APR)12/10, 10:00: -0.0452% (-396.0% APR)12/10, 11:00: -0.0072% (-63.1% APR)12/10, 12:00: -0.0729% (-638.6% APR)12/10, 13:00: -0.0695% (-608.8% APR)12/10, 14:00: -0.0061% (-53.4% APR)12/10, 15:00: -0.0186% (-162.9% APR)12/10, 16:00: -0.0054% (-47.3% APR)12/10, 17:00: 0.0029% (25.4% APR)12/10, 18:00: 0.0012% (10.5% APR)12/10, 19:00: -0.0042% (-36.8% APR)12/10, 20:00: 0.0171% (149.8% APR)12/10, 21:00: 0.0328% (287.3% APR)12/10, 22:00: -0.0158% (-138.4% APR)12/10, 23:00: 0.0460% (403.0% APR)13/10, 00:00: 0.0139% (121.8% APR)13/10, 01:00: -0.0161% (-141.0% APR)13/10, 02:00: 0.0426% (373.2% APR)13/10, 03:00: 0.0116% (101.6% APR)13/10, 04:00: -0.0299% (-261.9% APR)13/10, 05:00: 0.0012% (10.5% APR)13/10, 06:00: 0.0347% (304.0% APR)13/10, 07:00: 0.0012% (10.5% APR)13/10, 08:00: -0.0415% (-363.5% APR)13/10, 09:00: -0.0519% (-454.6% APR)13/10, 10:00: -0.0514% (-450.3% APR)13/10, 11:00: -0.0395% (-346.0% APR)13/10, 12:00: -0.0090% (-78.8% APR)13/10, 13:00: 0.0204% (178.7% APR)13/10, 14:00: 0.0495% (433.6% APR)13/10, 15:00: 0.0012% (10.5% APR)13/10, 16:00: 0.0092% (80.6% APR)13/10, 17:00: 0.0878% (769.1% APR)13/10, 18:00: 0.0322% (282.1% APR)13/10, 19:00: 0.0593% (519.5% APR)13/10, 20:00: 0.0257% (225.1% APR)13/10, 21:00: 0.0135% (118.3% APR)13/10, 22:00: 0.0223% (195.3% APR)13/10, 23:00: -0.0032% (-28.0% APR)14/10, 00:00: 0.0279% (244.4% APR)14/10, 01:00: 0.0366% (320.6% APR)14/10, 02:00: 0.0207% (181.3% APR)14/10, 03:00: -0.0068% (-59.6% APR)14/10, 04:00: -0.0040% (-35.0% APR)14/10, 05:00: 0.0044% (38.5% APR)14/10, 06:00: 0.0006% (5.3% APR)14/10, 07:00: -0.0049% (-42.9% APR)14/10, 08:00: 0.0119% (104.2% APR)14/10, 09:00: -0.0303% (-265.4% APR)14/10, 10:00: 0.0086% (75.3% APR)14/10, 11:00: 0.0194% (169.9% APR)14/10, 12:00: -0.0084% (-73.6% APR)14/10, 13:00: 0.0012% (10.5% APR)14/10, 14:00: 0.0385% (337.3% APR)14/10, 15:00: -0.0160% (-140.2% APR)14/10, 16:00: 0.0169% (148.0% APR)14/10, 17:00: 0.0218% (191.0% APR)14/10, 18:00: -0.0267% (-233.9% APR)14/10, 19:00: 0.0012% (10.5% APR)14/10, 20:00: 0.0362% (317.1% APR)14/10, 21:00: -0.0234% (-205.0% APR)14/10, 22:00: 0.0384% (336.4% APR)14/10, 23:00: 0.0012% (10.5% APR)15/10, 00:00: -0.0291% (-254.9% APR)15/10, 01:00: -0.0211% (-184.8% APR)15/10, 02:00: 0.0012% (10.5% APR)15/10, 03:00: 0.0127% (111.3% APR)15/10, 04:00: -0.0281% (-246.2% APR)15/10, 05:00: 0.0283% (247.9% APR)15/10, 06:00: -0.0735% (-643.9% APR)15/10, 07:00: 0.0435% (381.1% APR)15/10, 08:00: 0.0034% (29.8% APR)15/10, 09:00: -0.0010% (-8.8% APR)15/10, 10:00: -0.0279% (-244.4% APR)15/10, 11:00: 0.0430% (376.7% APR)15/10, 12:00: -0.0018% (-15.8% APR)15/10, 13:00: 0.0153% (134.0% APR)15/10, 14:00: 0.0201% (176.1% APR)15/10, 15:00: 0.0626% (548.4% APR)15/10, 16:00: 0.0012% (10.5% APR)15/10, 17:00: 0.0043% (37.7% APR)15/10, 18:00: 0.0384% (336.4% APR)15/10, 19:00: 0.0020% (17.5% APR)15/10, 20:00: 0.0012% (10.5% APR)15/10, 21:00: 0.0012% (10.5% APR)15/10, 22:00: 0.0259% (226.9% APR)15/10, 23:00: 0.0033% (28.9% APR)16/10, 00:00: 0.0012% (10.5% APR)16/10, 01:00: 0.0204% (178.7% APR)16/10, 02:00: 0.0090% (78.8% APR)16/10, 03:00: 0.0012% (10.5% APR)16/10, 04:00: -0.0289% (-253.2% APR)16/10, 05:00: 0.0094% (82.3% APR)16/10, 06:00: -0.0391% (-342.5% APR)16/10, 07:00: -0.0217% (-190.1% APR)16/10, 08:00: -0.0237% (-207.6% APR)16/10, 09:00: 0.0261% (228.6% APR)16/10, 10:00: -0.0805% (-705.2% APR)16/10, 11:00: 0.0012% (10.5% APR)16/10, 12:00: 0.0216% (189.2% APR)16/10, 13:00: -0.0472% (-413.5% APR)16/10, 14:00: 0.0330% (289.1% APR)16/10, 15:00: 0.0310% (271.6% APR)16/10, 16:00: -0.0005% (-4.4% APR)16/10, 17:00: 0.0007% (6.1% APR)16/10, 18:00: 0.0418% (366.2% APR)16/10, 19:00: 0.0034% (29.8% APR)16/10, 20:00: 0.0012% (10.5% APR)16/10, 21:00: 0.0228% (199.7% APR)16/10, 22:00: 0.0374% (327.6% APR)16/10, 23:00: -0.0428% (-374.9% APR)17/10, 00:00: -0.0497% (-435.4% APR)17/10, 01:00: -0.0652% (-571.2% APR)17/10, 02:00: -0.0082% (-71.8% APR)17/10, 03:00: 0.0258% (226.0% APR)17/10, 04:00: 0.0318% (278.6% APR)17/10, 05:00: 0.0629% (551.0% APR)17/10, 06:00: 0.0417% (365.3% APR)17/10, 07:00: 0.0013% (11.4% APR)17/10, 08:00: 0.0012% (10.5% APR)17/10, 09:00: -0.0280% (-245.3% APR)17/10, 10:00: -0.0723% (-633.3% APR)17/10, 11:00: -0.0090% (-78.8% APR)17/10, 12:00: -0.0580% (-508.1% APR)17/10, 13:00: -0.0271% (-237.4% APR)17/10, 14:00: -0.0026% (-22.8% APR)17/10, 15:00: -0.0077% (-67.5% APR)17/10, 16:00: -0.0434% (-380.2% APR)17/10, 17:00: 0.0048% (42.0% APR)17/10, 18:00: -0.0027% (-23.7% APR)17/10, 19:00: 0.0530% (464.3% APR)17/10, 20:00: 0.0382% (334.6% APR)17/10, 21:00: 0.0012% (10.5% APR)17/10, 22:00: -0.0198% (-173.4% APR)17/10, 23:00: 0.0337% (295.2% APR)18/10, 00:00: 0.0012% (10.5% APR)18/10, 01:00: -0.0198% (-173.4% APR)+769% APR−769%12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct
Longs pay shortsShorts pay longs

CASHCAT funding on Hyperliquid →CASHCAT: whale positions →All markets: funding comparison →

CASHCAT funding comparison: questions and answers

Where is CASHCAT funding the highest right now?

Lighter: 53.4%, Hyperliquid: 10.9%, Bybit: 10.9% APR. A positive rate means longs pay shorts.

How can you earn the CASHCAT funding spread?

Short CASHCAT on Lighter and go long the same size on Bybit: the price risk is hedged, and the difference of 42.5% a year is collected while it lasts. Fees, the price gap between exchanges and a change of the rates eat into the profit, and each side can be liquidated.

What has CASHCAT funding averaged on Hyperliquid and Lighter?

Hyperliquid: 10.9% over 24 hours and 18.3% over 7 days. Lighter: -0.7% over 24 hours and 21.4% over 7 days (APR).