Official Trump (TRUMP) funding rate: Hyperliquid vs Lighter

Price 1.7577 · every rate converted to APR · Hyperliquid and Lighter pay funding every hour

Hyperliquid, APR
10.9%
0.0013% per hour
Lighter, APR
10.5%
0.0012% per hour
Binance, APR
2.6%
0.0003% per hour
Bybit, APR
10.9%
0.0013% per hour
Max spread, APR
8.4%
Short on Hyperliquid, long on Binance

Average paid funding, APR

Exchange24 hours7 days30 days
Hyperliquid-11.7%6.0%4.6%
Lighter10.5%10.5%2.2%

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: 0.0013% (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: 0.0004% (3.8% APR)12/10, 17:00: 0.0006% (5.4% APR)12/10, 18:00: 0.0010% (8.9% APR)12/10, 19:00: 0.0011% (9.2% APR)12/10, 20:00: 0.0013% (10.9% APR)12/10, 21:00: 0.0013% (10.9% APR)12/10, 22:00: 0.0003% (2.8% APR)12/10, 23:00: 0.0013% (10.9% APR)13/10, 00:00: -0.0008% (-7.2% APR)13/10, 01:00: -0.0013% (-11.6% APR)13/10, 02:00: -0.0007% (-6.0% APR)13/10, 03:00: -0.0026% (-22.4% 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: 0.0012% (10.2% APR)13/10, 13:00: 0.0012% (10.2% APR)13/10, 14:00: 0.0004% (3.4% 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: 0.0011% (9.9% APR)14/10, 03:00: 0.0004% (3.1% APR)14/10, 04:00: 0.0008% (6.6% APR)14/10, 05:00: 0.0013% (10.9% APR)14/10, 06:00: 0.0007% (6.4% APR)14/10, 07:00: 0.0013% (10.9% APR)14/10, 08:00: 0.0012% (10.7% 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% (-11.1% APR)14/10, 12:00: -0.0004% (-3.9% 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: 0.0012% (10.3% 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: 0.0013% (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: 0.0013% (10.9% APR)15/10, 04:00: 0.0008% (7.1% APR)15/10, 05:00: 0.0013% (10.9% 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: 0.0012% (10.5% APR)15/10, 11:00: 0.0013% (10.9% APR)15/10, 12:00: 0.0009% (8.3% APR)15/10, 13:00: -0.0023% (-19.9% APR)15/10, 14:00: 0.0008% (7.3% APR)15/10, 15:00: 0.0013% (10.9% 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: -0.0004% (-3.6% 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: 0.0009% (8.1% APR)16/10, 23:00: 0.0002% (2.1% APR)17/10, 00:00: -0.0005% (-4.3% APR)17/10, 01:00: -0.0010% (-8.9% APR)17/10, 02:00: -0.0009% (-7.9% APR)17/10, 03:00: -0.0014% (-12.5% APR)17/10, 04:00: 0.0008% (7.4% APR)17/10, 05:00: 0.0013% (10.9% APR)17/10, 06:00: -0.0011% (-10.1% APR)17/10, 07:00: -0.0015% (-13.6% APR)17/10, 08:00: -0.0003% (-2.6% APR)17/10, 09:00: -0.0037% (-32.6% APR)17/10, 10:00: -0.0039% (-34.2% APR)17/10, 11:00: 0.0005% (4.3% APR)17/10, 12:00: 0.0005% (4.2% APR)17/10, 13:00: -0.0021% (-18.4% APR)17/10, 14:00: -0.0024% (-21.4% APR)17/10, 15:00: -0.0039% (-34.2% APR)17/10, 16:00: -0.0031% (-27.0% APR)17/10, 17:00: -0.0026% (-22.4% APR)17/10, 18:00: -0.0023% (-20.2% APR)17/10, 19:00: -0.0013% (-11.5% APR)17/10, 20:00: -0.0018% (-15.8% APR)17/10, 21:00: -0.0009% (-8.2% APR)17/10, 22:00: -0.0008% (-7.3% APR)17/10, 23:00: -0.0018% (-15.9% APR)18/10, 00:00: -0.0003% (-2.4% APR)18/10, 01:00: 0.0013% (10.9% APR)+34% APR−34%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: 0.0012% (10.5% APR)14/10, 16:00: 0.0012% (10.5% APR)14/10, 17:00: 0.0012% (10.5% 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: 0.0012% (10.5% APR)14/10, 23:00: 0.0012% (10.5% 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: 0.0012% (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: 0.0012% (10.5% APR)15/10, 08:00: 0.0012% (10.5% APR)15/10, 09:00: 0.0012% (10.5% APR)15/10, 10:00: 0.0012% (10.5% APR)15/10, 11:00: 0.0012% (10.5% APR)15/10, 12:00: 0.0012% (10.5% 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: 0.0012% (10.5% 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: 0.0012% (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: 0.0012% (10.5% APR)16/10, 19:00: 0.0012% (10.5% APR)16/10, 20:00: 0.0012% (10.5% APR)16/10, 21:00: 0.0012% (10.5% 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: 0.0012% (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: 0.0012% (10.5% APR)17/10, 22:00: 0.0012% (10.5% APR)17/10, 23:00: 0.0012% (10.5% APR)18/10, 00:00: 0.0012% (10.5% APR)18/10, 01:00: 0.0012% (10.5% APR)+11% APR−11%12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct
Longs pay shortsShorts pay longs

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

TRUMP funding comparison: questions and answers

Where is TRUMP funding the highest right now?

Hyperliquid: 10.9%, Bybit: 10.9%, Lighter: 10.5%, Binance: 2.6% APR. A positive rate means longs pay shorts.

How can you earn the TRUMP funding spread?

Short TRUMP on Hyperliquid and go long the same size on Binance: the price risk is hedged, and the difference of 8.4% 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 TRUMP funding averaged on Hyperliquid and Lighter?

Hyperliquid: -11.7% over 24 hours and 6.0% over 7 days. Lighter: 10.5% over 24 hours and 10.5% over 7 days (APR).