dYdX (DYDX) funding rate: Hyperliquid vs Lighter

Price 0.11746 · every rate converted to APR · Hyperliquid and Lighter pay funding every hour

Hyperliquid, APR
10.9%
0.0013% per hour
Lighter, APR
3.5%
0.0004% per hour
Binance, APR
8.1%
0.0009% per hour
Bybit, APR
10.9%
0.0013% per hour
Max spread, APR
7.4%
Short on Hyperliquid, long on Lighter

Average paid funding, APR

Exchange24 hours7 days30 days
Hyperliquid———
Lighter7.7%2.0%7.1%

Hyperliquid funding by hour, 7 days

The history is loading — it will appear within an hour

Lighter funding by hour, 7 days

11/10, 03:00: 0.0000% (0.0% APR)11/10, 04:00: -0.0015% (-13.1% APR)11/10, 05:00: -0.0009% (-7.9% APR)11/10, 06:00: -0.0019% (-16.6% APR)11/10, 07:00: -0.0012% (-10.5% APR)11/10, 08:00: 0.0008% (7.0% APR)11/10, 09:00: -0.0013% (-11.4% APR)11/10, 10:00: -0.0010% (-8.8% APR)11/10, 11:00: -0.0014% (-12.3% APR)11/10, 12:00: -0.0006% (-5.3% APR)11/10, 13:00: -0.0019% (-16.6% APR)11/10, 14:00: -0.0012% (-10.5% APR)11/10, 15:00: -0.0006% (-5.3% APR)11/10, 16:00: 0.0002% (1.8% APR)11/10, 17:00: 0.0003% (2.6% APR)11/10, 18:00: 0.0003% (2.6% APR)11/10, 19:00: -0.0016% (-14.0% APR)11/10, 20:00: -0.0005% (-4.4% APR)11/10, 21:00: 0.0010% (8.8% APR)11/10, 22:00: -0.0007% (-6.1% APR)11/10, 23:00: -0.0018% (-15.8% APR)12/10, 00:00: -0.0009% (-7.9% APR)12/10, 01:00: 0.0001% (0.9% APR)12/10, 02:00: -0.0010% (-8.8% APR)12/10, 03:00: -0.0001% (-0.9% APR)12/10, 04:00: -0.0044% (-38.5% APR)12/10, 05:00: -0.0041% (-35.9% APR)12/10, 06:00: -0.0025% (-21.9% APR)12/10, 07:00: -0.0015% (-13.1% APR)12/10, 08:00: -0.0005% (-4.4% APR)12/10, 09:00: 0.0012% (10.5% APR)12/10, 10:00: 0.0001% (0.9% APR)12/10, 11:00: 0.0005% (4.4% APR)12/10, 12:00: 0.0012% (10.5% APR)12/10, 13:00: 0.0003% (2.6% APR)12/10, 14:00: -0.0003% (-2.6% APR)12/10, 15:00: -0.0007% (-6.1% APR)12/10, 16:00: -0.0018% (-15.8% APR)12/10, 17:00: -0.0018% (-15.8% APR)12/10, 18:00: 0.0008% (7.0% APR)12/10, 19:00: -0.0005% (-4.4% APR)12/10, 20:00: -0.0012% (-10.5% APR)12/10, 21:00: -0.0010% (-8.8% APR)12/10, 22:00: -0.0032% (-28.0% APR)12/10, 23:00: -0.0033% (-28.9% APR)13/10, 00:00: -0.0013% (-11.4% APR)13/10, 01:00: -0.0012% (-10.5% APR)13/10, 02:00: -0.0006% (-5.3% APR)13/10, 03:00: 0.0002% (1.8% 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: 0.0005% (4.4% APR)13/10, 11:00: 0.0012% (10.5% APR)13/10, 12:00: 0.0012% (10.5% APR)13/10, 13:00: 0.0011% (9.6% APR)13/10, 14:00: 0.0005% (4.4% APR)13/10, 15:00: 0.0012% (10.5% APR)13/10, 16:00: 0.0012% (10.5% APR)13/10, 17:00: -0.0010% (-8.8% APR)13/10, 18:00: -0.0013% (-11.4% APR)13/10, 19:00: -0.0008% (-7.0% APR)13/10, 20:00: -0.0016% (-14.0% APR)13/10, 21:00: -0.0001% (-0.9% APR)13/10, 22:00: 0.0008% (7.0% APR)13/10, 23:00: 0.0006% (5.3% APR)14/10, 00:00: 0.0012% (10.5% APR)14/10, 01:00: 0.0011% (9.6% APR)14/10, 02:00: 0.0001% (0.9% APR)14/10, 03:00: 0.0006% (5.3% APR)14/10, 04:00: 0.0010% (8.8% APR)14/10, 05:00: 0.0012% (10.5% APR)14/10, 06:00: 0.0000% (0.0% 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: 0.0004% (3.5% APR)14/10, 11:00: 0.0012% (10.5% APR)14/10, 12:00: 0.0009% (7.9% APR)14/10, 13:00: 0.0012% (10.5% APR)14/10, 14:00: 0.0000% (0.0% APR)14/10, 15:00: -0.0005% (-4.4% APR)14/10, 16:00: -0.0011% (-9.6% APR)14/10, 17:00: -0.0017% (-14.9% APR)14/10, 18:00: 0.0000% (0.0% APR)14/10, 19:00: -0.0003% (-2.6% APR)14/10, 20:00: 0.0007% (6.1% APR)14/10, 21:00: 0.0010% (8.8% APR)14/10, 22:00: -0.0008% (-7.0% APR)14/10, 23:00: -0.0002% (-1.8% APR)15/10, 00:00: 0.0000% (0.0% APR)15/10, 01:00: 0.0011% (9.6% APR)15/10, 02:00: 0.0011% (9.6% APR)15/10, 03:00: 0.0009% (7.9% APR)15/10, 04:00: 0.0005% (4.4% APR)15/10, 05:00: 0.0003% (2.6% APR)15/10, 06:00: -0.0010% (-8.8% APR)15/10, 07:00: 0.0000% (0.0% APR)15/10, 08:00: -0.0005% (-4.4% APR)15/10, 09:00: -0.0001% (-0.9% APR)15/10, 10:00: -0.0005% (-4.4% APR)15/10, 11:00: 0.0006% (5.3% APR)15/10, 12:00: 0.0010% (8.8% APR)15/10, 13:00: 0.0012% (10.5% APR)15/10, 14:00: 0.0012% (10.5% APR)15/10, 15:00: 0.0012% (10.5% APR)15/10, 16:00: 0.0012% (10.5% APR)15/10, 17:00: 0.0012% (10.5% APR)15/10, 18:00: 0.0012% (10.5% APR)15/10, 19:00: 0.0012% (10.5% APR)15/10, 20:00: 0.0012% (10.5% APR)15/10, 21:00: 0.0009% (7.9% APR)15/10, 22:00: 0.0012% (10.5% APR)15/10, 23:00: 0.0012% (10.5% APR)16/10, 00:00: 0.0008% (7.0% APR)16/10, 01:00: 0.0010% (8.8% APR)16/10, 02:00: -0.0004% (-3.5% APR)16/10, 03:00: 0.0006% (5.3% 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: 0.0005% (4.4% 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: 0.0012% (10.5% 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: 0.0007% (6.1% APR)16/10, 19:00: 0.0010% (8.8% APR)16/10, 20:00: -0.0001% (-0.9% APR)16/10, 21:00: 0.0000% (0.0% APR)16/10, 22:00: 0.0010% (8.8% APR)16/10, 23:00: 0.0011% (9.6% APR)17/10, 00:00: 0.0004% (3.5% 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: 0.0012% (10.5% APR)17/10, 12:00: 0.0012% (10.5% APR)17/10, 13:00: 0.0012% (10.5% APR)17/10, 14:00: 0.0012% (10.5% APR)17/10, 15:00: 0.0012% (10.5% APR)17/10, 16:00: 0.0012% (10.5% APR)17/10, 17:00: 0.0012% (10.5% APR)17/10, 18:00: 0.0012% (10.5% APR)17/10, 19:00: 0.0012% (10.5% APR)17/10, 20:00: 0.0012% (10.5% APR)17/10, 21:00: 0.0000% (0.0% APR)17/10, 22:00: -0.0006% (-5.3% APR)17/10, 23:00: 0.0004% (3.5% APR)18/10, 00:00: 0.0006% (5.3% APR)18/10, 01:00: -0.0004% (-3.5% APR)18/10, 02:00: -0.0005% (-4.4% APR)+39% APR−39%12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct
Longs pay shortsShorts pay longs

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

DYDX funding comparison: questions and answers

Where is DYDX funding the highest right now?

Hyperliquid: 10.9%, Bybit: 10.9%, Binance: 8.1%, Lighter: 3.5% APR. A positive rate means longs pay shorts.

How can you earn the DYDX funding spread?

Short DYDX on Hyperliquid and go long the same size on Lighter: the price risk is hedged, and the difference of 7.4% 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 DYDX funding averaged on Hyperliquid and Lighter?

Hyperliquid: — over 24 hours and — over 7 days. Lighter: 7.7% over 24 hours and 2.0% over 7 days (APR).