Polkadot (DOT) funding rate: Hyperliquid vs Lighter

Price 1.1083 · every rate converted to APR · Hyperliquid and Lighter pay funding every hour

Hyperliquid, APR
-8.8%
-0.0010% per hour
Lighter, APR
-13.1%
-0.0015% per hour
Binance, APR
2.5%
0.0003% per hour
Bybit, APR
-34.3%
-0.0039% per hour
Max spread, APR
36.9%
Short on Binance, long on Bybit

Average paid funding, APR

Exchange24 hours7 days30 days
Hyperliquid-2.5%5.6%6.7%
Lighter-4.8%5.7%7.5%

Hyperliquid funding by hour, 7 days

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: 0.0013% (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: 0.0013% (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: 0.0011% (9.5% APR)12/10, 19:00: -0.0011% (-9.3% APR)12/10, 20:00: 0.0009% (7.6% 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: -0.0007% (-5.7% 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: 0.0013% (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: 0.0000% (0.1% APR)14/10, 08:00: 0.0006% (4.9% APR)14/10, 09:00: -0.0007% (-6.5% APR)14/10, 10:00: -0.0003% (-3.0% APR)14/10, 11:00: -0.0012% (-10.6% APR)14/10, 12:00: 0.0008% (7.3% APR)14/10, 13:00: 0.0002% (1.7% APR)14/10, 14:00: 0.0003% (2.5% APR)14/10, 15:00: -0.0003% (-2.9% APR)14/10, 16:00: 0.0001% (1.2% APR)14/10, 17:00: -0.0004% (-3.4% APR)14/10, 18:00: -0.0006% (-4.9% APR)14/10, 19:00: -0.0005% (-4.0% APR)14/10, 20:00: 0.0013% (10.9% APR)14/10, 21:00: 0.0013% (10.9% APR)14/10, 22:00: 0.0013% (10.9% APR)14/10, 23:00: 0.0013% (10.9% APR)15/10, 00:00: 0.0013% (10.9% APR)15/10, 01:00: 0.0013% (10.9% APR)15/10, 02:00: 0.0013% (10.9% APR)15/10, 03:00: -0.0005% (-4.4% APR)15/10, 04:00: -0.0009% (-7.9% APR)15/10, 05:00: -0.0001% (-1.1% APR)15/10, 06:00: -0.0008% (-7.2% APR)15/10, 07:00: -0.0006% (-5.7% APR)15/10, 08:00: 0.0013% (10.9% APR)15/10, 09:00: -0.0018% (-15.7% APR)15/10, 10:00: 0.0003% (2.5% APR)15/10, 11:00: 0.0005% (4.3% APR)15/10, 12:00: 0.0002% (1.9% APR)15/10, 13:00: -0.0008% (-7.3% APR)15/10, 14:00: -0.0030% (-26.4% APR)15/10, 15:00: -0.0010% (-8.3% APR)15/10, 16:00: -0.0024% (-21.3% APR)15/10, 17:00: 0.0000% (0.2% APR)15/10, 18:00: 0.0007% (6.3% APR)15/10, 19:00: 0.0005% (4.4% APR)15/10, 20:00: 0.0012% (10.6% APR)15/10, 21:00: 0.0009% (8.2% APR)15/10, 22:00: 0.0001% (0.5% APR)15/10, 23:00: 0.0008% (7.3% APR)16/10, 00:00: -0.0001% (-1.1% APR)16/10, 01:00: 0.0011% (9.9% 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: 0.0010% (8.8% APR)16/10, 09:00: 0.0009% (7.5% 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: 0.0011% (9.9% APR)16/10, 14:00: 0.0005% (4.6% 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: -0.0008% (-7.0% APR)16/10, 19:00: -0.0008% (-7.0% APR)16/10, 20:00: -0.0013% (-11.4% APR)16/10, 21:00: 0.0000% (0.1% APR)16/10, 22:00: 0.0013% (10.9% APR)16/10, 23:00: 0.0011% (9.4% APR)17/10, 00:00: 0.0013% (10.9% APR)17/10, 01:00: 0.0013% (10.9% APR)17/10, 02:00: 0.0011% (9.9% 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: 0.0007% (6.5% APR)17/10, 11:00: -0.0007% (-5.9% APR)17/10, 12:00: 0.0009% (7.6% APR)17/10, 13:00: -0.0008% (-7.0% APR)17/10, 14:00: -0.0011% (-10.0% APR)17/10, 15:00: -0.0010% (-8.9% APR)17/10, 16:00: -0.0010% (-8.6% APR)17/10, 17:00: -0.0004% (-3.4% APR)17/10, 18:00: -0.0012% (-10.6% APR)17/10, 19:00: -0.0013% (-11.1% APR)17/10, 20:00: -0.0007% (-5.8% APR)17/10, 21:00: -0.0005% (-4.8% APR)17/10, 22:00: -0.0016% (-14.2% APR)17/10, 23:00: -0.0025% (-21.8% APR)18/10, 00:00: -0.0018% (-15.7% APR)18/10, 01:00: -0.0016% (-13.9% APR)18/10, 02:00: -0.0010% (-9.0% APR)+26% APR−26%12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct
Longs pay shortsShorts pay longs

Lighter funding by hour, 7 days

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: 0.0003% (2.6% 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: -0.0019% (-16.6% APR)14/10, 15:00: -0.0036% (-31.5% APR)14/10, 16:00: -0.0021% (-18.4% APR)14/10, 17:00: -0.0032% (-28.0% APR)14/10, 18:00: -0.0015% (-13.1% APR)14/10, 19:00: -0.0002% (-1.8% APR)14/10, 20:00: -0.0002% (-1.8% APR)14/10, 21:00: 0.0005% (4.4% APR)14/10, 22:00: 0.0003% (2.6% APR)14/10, 23:00: 0.0011% (9.6% APR)15/10, 00:00: 0.0012% (10.5% APR)15/10, 01:00: 0.0012% (10.5% APR)15/10, 02:00: 0.0012% (10.5% APR)15/10, 03:00: 0.0006% (5.3% APR)15/10, 04:00: -0.0010% (-8.8% APR)15/10, 05:00: 0.0006% (5.3% APR)15/10, 06:00: 0.0005% (4.4% APR)15/10, 07:00: 0.0012% (10.5% APR)15/10, 08:00: 0.0012% (10.5% APR)15/10, 09:00: 0.0001% (0.9% APR)15/10, 10:00: -0.0012% (-10.5% APR)15/10, 11:00: 0.0000% (0.0% APR)15/10, 12:00: 0.0000% (0.0% APR)15/10, 13:00: 0.0000% (0.0% APR)15/10, 14:00: 0.0012% (10.5% APR)15/10, 15:00: -0.0011% (-9.6% APR)15/10, 16:00: -0.0025% (-21.9% APR)15/10, 17:00: -0.0018% (-15.8% APR)15/10, 18:00: 0.0005% (4.4% APR)15/10, 19:00: 0.0002% (1.8% APR)15/10, 20:00: 0.0012% (10.5% APR)15/10, 21:00: 0.0010% (8.8% APR)15/10, 22:00: 0.0012% (10.5% APR)15/10, 23:00: 0.0012% (10.5% APR)16/10, 00:00: 0.0012% (10.5% APR)16/10, 01:00: 0.0012% (10.5% APR)16/10, 02:00: 0.0012% (10.5% APR)16/10, 03:00: 0.0012% (10.5% APR)16/10, 04:00: 0.0012% (10.5% APR)16/10, 05:00: 0.0012% (10.5% APR)16/10, 06:00: 0.0012% (10.5% APR)16/10, 07:00: 0.0012% (10.5% APR)16/10, 08:00: 0.0012% (10.5% APR)16/10, 09:00: 0.0012% (10.5% APR)16/10, 10:00: 0.0012% (10.5% APR)16/10, 11:00: 0.0012% (10.5% APR)16/10, 12:00: 0.0012% (10.5% APR)16/10, 13:00: 0.0004% (3.5% APR)16/10, 14:00: 0.0012% (10.5% APR)16/10, 15:00: 0.0012% (10.5% APR)16/10, 16:00: 0.0012% (10.5% APR)16/10, 17:00: 0.0012% (10.5% APR)16/10, 18:00: 0.0012% (10.5% APR)16/10, 19:00: -0.0007% (-6.1% APR)16/10, 20:00: -0.0005% (-4.4% APR)16/10, 21:00: 0.0010% (8.8% APR)16/10, 22:00: 0.0012% (10.5% APR)16/10, 23:00: 0.0012% (10.5% APR)17/10, 00:00: 0.0012% (10.5% APR)17/10, 01:00: 0.0012% (10.5% APR)17/10, 02:00: 0.0012% (10.5% APR)17/10, 03:00: 0.0012% (10.5% APR)17/10, 04:00: 0.0012% (10.5% APR)17/10, 05:00: 0.0012% (10.5% APR)17/10, 06:00: 0.0012% (10.5% APR)17/10, 07:00: 0.0012% (10.5% APR)17/10, 08:00: 0.0012% (10.5% APR)17/10, 09:00: 0.0012% (10.5% APR)17/10, 10:00: 0.0012% (10.5% APR)17/10, 11:00: 0.0001% (0.9% APR)17/10, 12:00: 0.0000% (0.0% APR)17/10, 13:00: -0.0004% (-3.5% APR)17/10, 14:00: -0.0016% (-14.0% APR)17/10, 15:00: -0.0028% (-24.5% APR)17/10, 16:00: -0.0024% (-21.0% APR)17/10, 17:00: -0.0012% (-10.5% APR)17/10, 18:00: -0.0018% (-15.8% APR)17/10, 19:00: -0.0030% (-26.3% APR)17/10, 20:00: -0.0028% (-24.5% APR)17/10, 21:00: -0.0024% (-21.0% APR)17/10, 22:00: -0.0021% (-18.4% APR)17/10, 23:00: -0.0018% (-15.8% APR)18/10, 00:00: -0.0012% (-10.5% APR)18/10, 01:00: 0.0002% (1.8% APR)18/10, 02:00: 0.0004% (3.5% APR)+32% APR−32%12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct
Longs pay shortsShorts pay longs

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

DOT funding comparison: questions and answers

Where is DOT funding the highest right now?

Binance: 2.5%, Hyperliquid: -8.8%, Lighter: -13.1%, Bybit: -34.3% APR. A positive rate means longs pay shorts.

How can you earn the DOT funding spread?

Short DOT on Binance and go long the same size on Bybit: the price risk is hedged, and the difference of 36.9% 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 DOT funding averaged on Hyperliquid and Lighter?

Hyperliquid: -2.5% over 24 hours and 5.6% over 7 days. Lighter: -4.8% over 24 hours and 5.7% over 7 days (APR).