CHIP funding rate: Hyperliquid vs Lighter

Price 0.042831 · every rate converted to APR · Hyperliquid and Lighter pay funding every hour

Hyperliquid, APR
-29.5%
-0.0034% per hour
Lighter, APR
-67.5%
-0.0077% per hour
Binance, APR
-12.7%
-0.0014% per hour
Bybit, APR
-43.9%
-0.0050% per hour
Max spread, APR
54.8%
Short on Binance, long on Lighter

Average paid funding, APR

Exchange24 hours7 days30 days
Hyperliquid5.9%3.9%13.5%
Lighter-23.8%-5.0%9.1%

Hyperliquid funding by hour, 7 days

11/10, 02:00: 0.0038% (33.3% 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: 0.0013% (10.9% APR)12/10, 00:00: 0.0013% (10.9% 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: 0.0054% (47.1% APR)12/10, 06:00: 0.0058% (50.5% APR)12/10, 07:00: 0.0013% (10.9% APR)12/10, 08:00: 0.0013% (10.9% APR)12/10, 09:00: 0.0013% (10.9% 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: -0.0009% (-7.8% APR)12/10, 22:00: -0.0050% (-43.5% APR)12/10, 23:00: -0.0044% (-38.2% APR)13/10, 00:00: 0.0008% (6.6% APR)13/10, 01:00: -0.0041% (-36.2% APR)13/10, 02:00: -0.0036% (-31.1% 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: 0.0013% (10.9% 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: 0.0010% (9.0% APR)13/10, 13:00: 0.0013% (10.9% APR)13/10, 14:00: -0.0017% (-14.9% 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: -0.0011% (-10.0% APR)13/10, 19:00: -0.0023% (-20.1% 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: 0.0013% (10.9% APR)14/10, 10:00: 0.0013% (10.9% APR)14/10, 11:00: 0.0013% (10.9% 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: -0.0045% (-39.3% APR)14/10, 16:00: -0.0009% (-8.3% APR)14/10, 17:00: 0.0013% (10.9% APR)14/10, 18:00: 0.0011% (9.9% APR)14/10, 19:00: 0.0013% (10.9% APR)14/10, 20:00: 0.0013% (10.9% APR)14/10, 21:00: 0.0012% (10.7% APR)14/10, 22:00: 0.0003% (2.3% APR)14/10, 23:00: 0.0013% (10.9% APR)15/10, 00:00: -0.0064% (-56.2% APR)15/10, 01:00: -0.0026% (-23.2% APR)15/10, 02:00: 0.0006% (5.4% APR)15/10, 03:00: -0.0051% (-44.3% APR)15/10, 04:00: 0.0006% (5.1% APR)15/10, 05:00: 0.0013% (10.9% APR)15/10, 06:00: -0.0027% (-23.5% APR)15/10, 07:00: -0.0043% (-37.9% APR)15/10, 08:00: -0.0088% (-77.2% APR)15/10, 09:00: -0.0094% (-82.7% APR)15/10, 10:00: -0.0082% (-71.7% APR)15/10, 11:00: -0.0050% (-43.6% APR)15/10, 12:00: -0.0027% (-23.3% APR)15/10, 13:00: -0.0027% (-23.8% APR)15/10, 14:00: -0.0133% (-116.7% APR)15/10, 15:00: -0.0009% (-7.7% APR)15/10, 16:00: 0.0013% (10.9% APR)15/10, 17:00: 0.0013% (10.9% APR)15/10, 18:00: 0.0013% (10.9% APR)15/10, 19:00: 0.0013% (10.9% APR)15/10, 20:00: 0.0013% (10.9% APR)15/10, 21:00: 0.0013% (10.9% APR)15/10, 22:00: 0.0013% (10.9% APR)15/10, 23:00: 0.0013% (10.9% APR)16/10, 00:00: 0.0013% (10.9% APR)16/10, 01:00: 0.0013% (10.9% APR)16/10, 02:00: 0.0013% (10.9% APR)16/10, 03:00: 0.0013% (10.9% 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: 0.0013% (10.9% 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: -0.0009% (-7.8% APR)17/10, 23:00: -0.0031% (-26.9% APR)18/10, 00:00: -0.0010% (-8.9% APR)18/10, 01:00: -0.0038% (-33.0% APR)+117% APR−117%12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct
Longs pay shortsShorts pay longs

Lighter funding by hour, 7 days

11/10, 02:00: 0.0012% (10.5% APR)11/10, 03:00: 0.0012% (10.5% APR)11/10, 04:00: 0.0012% (10.5% APR)11/10, 05:00: 0.0012% (10.5% APR)11/10, 06:00: 0.0012% (10.5% APR)11/10, 07:00: 0.0012% (10.5% APR)11/10, 08:00: 0.0012% (10.5% APR)11/10, 09:00: 0.0012% (10.5% APR)11/10, 10:00: 0.0012% (10.5% APR)11/10, 11:00: 0.0012% (10.5% APR)11/10, 12:00: 0.0012% (10.5% APR)11/10, 13:00: 0.0012% (10.5% APR)11/10, 14:00: 0.0012% (10.5% APR)11/10, 15:00: 0.0012% (10.5% APR)11/10, 16:00: 0.0012% (10.5% APR)11/10, 17:00: 0.0012% (10.5% APR)11/10, 18:00: 0.0012% (10.5% APR)11/10, 19:00: 0.0012% (10.5% APR)11/10, 20:00: 0.0012% (10.5% APR)11/10, 21:00: 0.0012% (10.5% APR)11/10, 22:00: 0.0012% (10.5% APR)11/10, 23:00: 0.0012% (10.5% APR)12/10, 00:00: 0.0012% (10.5% APR)12/10, 01:00: 0.0012% (10.5% APR)12/10, 02:00: 0.0012% (10.5% APR)12/10, 03:00: 0.0012% (10.5% APR)12/10, 04:00: 0.0012% (10.5% APR)12/10, 05:00: 0.0012% (10.5% APR)12/10, 06:00: 0.0012% (10.5% APR)12/10, 07:00: 0.0012% (10.5% APR)12/10, 08:00: 0.0012% (10.5% APR)12/10, 09:00: 0.0012% (10.5% APR)12/10, 10:00: 0.0012% (10.5% APR)12/10, 11:00: 0.0012% (10.5% APR)12/10, 12:00: 0.0012% (10.5% APR)12/10, 13:00: 0.0012% (10.5% APR)12/10, 14:00: 0.0012% (10.5% APR)12/10, 15:00: 0.0012% (10.5% APR)12/10, 16:00: 0.0012% (10.5% APR)12/10, 17:00: 0.0012% (10.5% APR)12/10, 18:00: 0.0012% (10.5% APR)12/10, 19:00: 0.0012% (10.5% APR)12/10, 20:00: 0.0012% (10.5% APR)12/10, 21:00: 0.0012% (10.5% APR)12/10, 22:00: 0.0012% (10.5% APR)12/10, 23:00: 0.0012% (10.5% APR)13/10, 00:00: 0.0012% (10.5% APR)13/10, 01:00: 0.0012% (10.5% APR)13/10, 02:00: 0.0012% (10.5% APR)13/10, 03:00: 0.0012% (10.5% APR)13/10, 04:00: 0.0012% (10.5% APR)13/10, 05:00: 0.0012% (10.5% APR)13/10, 06:00: 0.0012% (10.5% APR)13/10, 07:00: 0.0012% (10.5% APR)13/10, 08:00: 0.0012% (10.5% APR)13/10, 09:00: 0.0012% (10.5% APR)13/10, 10:00: 0.0012% (10.5% APR)13/10, 11:00: 0.0012% (10.5% APR)13/10, 12:00: 0.0012% (10.5% APR)13/10, 13:00: 0.0012% (10.5% APR)13/10, 14:00: 0.0012% (10.5% APR)13/10, 15:00: 0.0012% (10.5% APR)13/10, 16:00: 0.0012% (10.5% APR)13/10, 17:00: 0.0012% (10.5% APR)13/10, 18:00: 0.0012% (10.5% APR)13/10, 19:00: 0.0012% (10.5% APR)13/10, 20:00: 0.0012% (10.5% APR)13/10, 21:00: 0.0012% (10.5% APR)13/10, 22:00: 0.0012% (10.5% APR)13/10, 23:00: 0.0012% (10.5% APR)14/10, 00:00: 0.0012% (10.5% APR)14/10, 01:00: 0.0012% (10.5% APR)14/10, 02:00: 0.0012% (10.5% APR)14/10, 03:00: 0.0012% (10.5% APR)14/10, 04:00: 0.0012% (10.5% APR)14/10, 05:00: 0.0012% (10.5% APR)14/10, 06:00: 0.0012% (10.5% APR)14/10, 07:00: 0.0012% (10.5% APR)14/10, 08:00: 0.0012% (10.5% APR)14/10, 09:00: 0.0012% (10.5% APR)14/10, 10:00: 0.0012% (10.5% APR)14/10, 11:00: 0.0012% (10.5% APR)14/10, 12:00: 0.0012% (10.5% APR)14/10, 13:00: 0.0012% (10.5% APR)14/10, 14:00: 0.0012% (10.5% APR)14/10, 15:00: 0.0009% (7.9% APR)14/10, 16:00: 0.0012% (10.5% APR)14/10, 17:00: 0.0009% (7.9% APR)14/10, 18:00: 0.0012% (10.5% APR)14/10, 19:00: 0.0012% (10.5% APR)14/10, 20:00: 0.0012% (10.5% APR)14/10, 21:00: 0.0012% (10.5% APR)14/10, 22:00: -0.0047% (-41.2% APR)14/10, 23:00: -0.0032% (-28.0% APR)15/10, 00:00: -0.0039% (-34.2% APR)15/10, 01:00: 0.0012% (10.5% APR)15/10, 02:00: 0.0012% (10.5% APR)15/10, 03:00: 0.0012% (10.5% APR)15/10, 04:00: 0.0012% (10.5% APR)15/10, 05:00: 0.0012% (10.5% APR)15/10, 06:00: 0.0012% (10.5% APR)15/10, 07:00: 0.0008% (7.0% APR)15/10, 08:00: -0.0010% (-8.8% APR)15/10, 09:00: -0.0027% (-23.7% APR)15/10, 10:00: -0.0006% (-5.3% APR)15/10, 11:00: -0.0032% (-28.0% APR)15/10, 12:00: -0.0063% (-55.2% APR)15/10, 13:00: -0.0044% (-38.5% APR)15/10, 14:00: -0.0036% (-31.5% APR)15/10, 15:00: -0.0027% (-23.7% APR)15/10, 16:00: -0.0001% (-0.9% APR)15/10, 17:00: -0.0016% (-14.0% APR)15/10, 18:00: -0.0022% (-19.3% APR)15/10, 19:00: -0.0035% (-30.7% APR)15/10, 20:00: -0.0025% (-21.9% APR)15/10, 21:00: -0.0079% (-69.2% APR)15/10, 22:00: -0.0072% (-63.1% APR)15/10, 23:00: -0.0026% (-22.8% APR)16/10, 00:00: -0.0024% (-21.0% APR)16/10, 01:00: -0.0038% (-33.3% APR)16/10, 02:00: -0.0043% (-37.7% APR)16/10, 03:00: -0.0051% (-44.7% APR)16/10, 04:00: -0.0049% (-42.9% APR)16/10, 05:00: -0.0058% (-50.8% APR)16/10, 06:00: -0.0033% (-28.9% APR)16/10, 07:00: -0.0017% (-14.9% APR)16/10, 08:00: -0.0049% (-42.9% APR)16/10, 09:00: -0.0049% (-42.9% APR)16/10, 10:00: -0.0031% (-27.2% APR)16/10, 11:00: -0.0037% (-32.4% APR)16/10, 12:00: -0.0040% (-35.0% APR)16/10, 13:00: -0.0047% (-41.2% APR)16/10, 14:00: -0.0025% (-21.9% APR)16/10, 15:00: -0.0040% (-35.0% APR)16/10, 16:00: -0.0016% (-14.0% APR)16/10, 17:00: -0.0027% (-23.7% APR)16/10, 18:00: -0.0019% (-16.6% APR)16/10, 19:00: -0.0026% (-22.8% APR)16/10, 20:00: -0.0027% (-23.7% APR)16/10, 21:00: -0.0031% (-27.2% APR)16/10, 22:00: -0.0019% (-16.6% APR)16/10, 23:00: -0.0022% (-19.3% APR)17/10, 00:00: -0.0009% (-7.9% APR)17/10, 01:00: -0.0026% (-22.8% APR)17/10, 02:00: -0.0039% (-34.2% APR)17/10, 03:00: -0.0019% (-16.6% APR)17/10, 04:00: -0.0009% (-7.9% APR)17/10, 05:00: -0.0003% (-2.6% APR)17/10, 06:00: -0.0020% (-17.5% APR)17/10, 07:00: -0.0001% (-0.9% APR)17/10, 08:00: 0.0007% (6.1% APR)17/10, 09:00: 0.0006% (5.3% APR)17/10, 10:00: -0.0003% (-2.6% APR)17/10, 11:00: -0.0021% (-18.4% APR)17/10, 12:00: -0.0028% (-24.5% APR)17/10, 13:00: -0.0023% (-20.1% APR)17/10, 14:00: -0.0020% (-17.5% APR)17/10, 15:00: -0.0046% (-40.3% APR)17/10, 16:00: -0.0040% (-35.0% APR)17/10, 17:00: -0.0031% (-27.2% APR)17/10, 18:00: -0.0040% (-35.0% APR)17/10, 19:00: -0.0018% (-15.8% APR)17/10, 20:00: -0.0024% (-21.0% APR)17/10, 21:00: -0.0013% (-11.4% APR)17/10, 22:00: -0.0069% (-60.4% APR)17/10, 23:00: -0.0088% (-77.1% APR)18/10, 00:00: -0.0054% (-47.3% APR)18/10, 01:00: -0.0057% (-49.9% APR)+77% APR−77%12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct
Longs pay shortsShorts pay longs

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

CHIP funding comparison: questions and answers

Where is CHIP funding the highest right now?

Binance: -12.7%, Hyperliquid: -29.5%, Bybit: -43.9%, Lighter: -67.5% APR. A positive rate means longs pay shorts.

How can you earn the CHIP funding spread?

Short CHIP on Binance and go long the same size on Lighter: the price risk is hedged, and the difference of 54.8% 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 CHIP funding averaged on Hyperliquid and Lighter?

Hyperliquid: 5.9% over 24 hours and 3.9% over 7 days. Lighter: -23.8% over 24 hours and -5.0% over 7 days (APR).