XPL funding rate: Hyperliquid vs Lighter

Price 0.079142 · 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
10.9%
0.0013% per hour
Bybit, APR
10.9%
0.0013% per hour
Max spread, APR
0.4%
Short on Hyperliquid, long on Lighter

Average paid funding, APR

Exchange24 hours7 days30 days
Hyperliquid10.9%7.7%16.0%
Lighter5.5%-7.4%-4.7%

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: 0.0012% (10.1% 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: -0.0002% (-1.5% 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: 0.0005% (4.5% APR)12/10, 02:00: 0.0005% (4.0% 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: -0.0007% (-6.1% APR)12/10, 11:00: 0.0013% (10.9% APR)12/10, 12:00: -0.0000% (-0.3% APR)12/10, 13:00: 0.0009% (7.9% APR)12/10, 14:00: 0.0013% (10.9% APR)12/10, 15:00: 0.0010% (8.9% APR)12/10, 16:00: 0.0003% (2.9% APR)12/10, 17:00: -0.0019% (-16.8% APR)12/10, 18:00: 0.0013% (10.9% APR)12/10, 19:00: -0.0012% (-10.4% APR)12/10, 20:00: 0.0013% (10.9% APR)12/10, 21:00: 0.0005% (4.2% APR)12/10, 22:00: -0.0008% (-6.7% APR)12/10, 23:00: -0.0011% (-9.6% APR)13/10, 00:00: -0.0053% (-46.4% APR)13/10, 01:00: -0.0036% (-31.8% APR)13/10, 02:00: -0.0032% (-27.6% APR)13/10, 03:00: -0.0013% (-11.7% APR)13/10, 04:00: -0.0012% (-10.8% APR)13/10, 05:00: -0.0017% (-14.9% APR)13/10, 06:00: -0.0007% (-6.5% APR)13/10, 07:00: 0.0013% (10.9% APR)13/10, 08:00: 0.0002% (1.7% APR)13/10, 09:00: -0.0001% (-1.2% APR)13/10, 10:00: 0.0006% (5.7% APR)13/10, 11:00: -0.0003% (-2.2% APR)13/10, 12:00: 0.0013% (10.9% APR)13/10, 13:00: 0.0008% (6.8% APR)13/10, 14:00: 0.0013% (10.9% APR)13/10, 15:00: -0.0004% (-3.7% 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: 0.0013% (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: 0.0013% (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: 0.0005% (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: 0.0013% (10.9% APR)15/10, 04:00: 0.0010% (8.5% APR)15/10, 05:00: 0.0013% (10.9% APR)15/10, 06:00: 0.0011% (9.3% APR)15/10, 07:00: -0.0024% (-21.2% APR)15/10, 08:00: -0.0002% (-2.0% APR)15/10, 09:00: -0.0014% (-12.2% APR)15/10, 10:00: -0.0009% (-8.0% APR)15/10, 11:00: 0.0003% (2.3% APR)15/10, 12:00: 0.0013% (10.9% APR)15/10, 13:00: 0.0001% (0.6% APR)15/10, 14:00: 0.0013% (10.9% 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: 0.0031% (27.1% 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: 0.0024% (20.8% 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: 0.0013% (10.9% APR)17/10, 23:00: 0.0013% (10.9% APR)18/10, 00:00: 0.0013% (10.9% APR)18/10, 01:00: 0.0013% (10.9% APR)+46% APR−46%12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct
Longs pay shortsShorts pay longs

Lighter funding by hour, 7 days

11/10, 02:00: -0.0010% (-8.8% APR)11/10, 03:00: -0.0006% (-5.3% APR)11/10, 04:00: -0.0029% (-25.4% APR)11/10, 05:00: -0.0032% (-28.0% APR)11/10, 06:00: -0.0044% (-38.5% APR)11/10, 07:00: -0.0033% (-28.9% APR)11/10, 08:00: -0.0033% (-28.9% APR)11/10, 09:00: -0.0043% (-37.7% APR)11/10, 10:00: -0.0008% (-7.0% 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: -0.0023% (-20.1% 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: 0.0006% (5.3% APR)11/10, 22:00: -0.0009% (-7.9% APR)11/10, 23:00: -0.0041% (-35.9% APR)12/10, 00:00: -0.0019% (-16.6% APR)12/10, 01:00: -0.0070% (-61.3% APR)12/10, 02:00: -0.0004% (-3.5% APR)12/10, 03:00: -0.0006% (-5.3% APR)12/10, 04:00: -0.0056% (-49.1% APR)12/10, 05:00: -0.0050% (-43.8% APR)12/10, 06:00: -0.0042% (-36.8% APR)12/10, 07:00: -0.0055% (-48.2% APR)12/10, 08:00: -0.0043% (-37.7% APR)12/10, 09:00: -0.0062% (-54.3% APR)12/10, 10:00: -0.0058% (-50.8% APR)12/10, 11:00: -0.0051% (-44.7% APR)12/10, 12:00: -0.0044% (-38.5% APR)12/10, 13:00: -0.0028% (-24.5% APR)12/10, 14:00: -0.0003% (-2.6% APR)12/10, 15:00: -0.0002% (-1.8% APR)12/10, 16:00: 0.0002% (1.8% APR)12/10, 17:00: -0.0012% (-10.5% APR)12/10, 18:00: -0.0036% (-31.5% APR)12/10, 19:00: -0.0054% (-47.3% APR)12/10, 20:00: -0.0037% (-32.4% APR)12/10, 21:00: -0.0048% (-42.0% APR)12/10, 22:00: -0.0046% (-40.3% APR)12/10, 23:00: -0.0008% (-7.0% APR)13/10, 00:00: -0.0085% (-74.5% APR)13/10, 01:00: -0.0035% (-30.7% APR)13/10, 02:00: -0.0033% (-28.9% APR)13/10, 03:00: -0.0018% (-15.8% APR)13/10, 04:00: 0.0006% (5.3% 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: -0.0007% (-6.1% APR)13/10, 19:00: 0.0012% (10.5% APR)13/10, 20:00: -0.0001% (-0.9% APR)13/10, 21:00: 0.0012% (10.5% APR)13/10, 22:00: 0.0012% (10.5% APR)13/10, 23:00: -0.0082% (-71.8% APR)14/10, 00:00: -0.0066% (-57.8% APR)14/10, 01:00: -0.0049% (-42.9% APR)14/10, 02:00: 0.0000% (0.0% APR)14/10, 03:00: -0.0036% (-31.5% APR)14/10, 04:00: -0.0017% (-14.9% APR)14/10, 05:00: -0.0013% (-11.4% APR)14/10, 06:00: -0.0020% (-17.5% APR)14/10, 07:00: 0.0000% (0.0% APR)14/10, 08:00: -0.0003% (-2.6% APR)14/10, 09:00: 0.0005% (4.4% APR)14/10, 10:00: -0.0005% (-4.4% APR)14/10, 11:00: 0.0007% (6.1% APR)14/10, 12:00: 0.0012% (10.5% APR)14/10, 13:00: -0.0029% (-25.4% APR)14/10, 14:00: -0.0032% (-28.0% APR)14/10, 15:00: 0.0009% (7.9% APR)14/10, 16:00: 0.0009% (7.9% APR)14/10, 17:00: 0.0003% (2.6% APR)14/10, 18:00: 0.0012% (10.5% APR)14/10, 19:00: 0.0006% (5.3% APR)14/10, 20:00: 0.0000% (0.0% APR)14/10, 21:00: -0.0011% (-9.6% APR)14/10, 22:00: 0.0012% (10.5% APR)14/10, 23:00: 0.0002% (1.8% APR)15/10, 00:00: 0.0012% (10.5% APR)15/10, 01:00: 0.0012% (10.5% APR)15/10, 02:00: 0.0003% (2.6% APR)15/10, 03:00: -0.0015% (-13.1% APR)15/10, 04:00: -0.0010% (-8.8% APR)15/10, 05:00: -0.0020% (-17.5% APR)15/10, 06:00: 0.0009% (7.9% APR)15/10, 07:00: -0.0084% (-73.6% APR)15/10, 08:00: -0.0076% (-66.6% APR)15/10, 09:00: -0.0025% (-21.9% APR)15/10, 10:00: 0.0012% (10.5% APR)15/10, 11:00: 0.0012% (10.5% APR)15/10, 12:00: -0.0004% (-3.5% APR)15/10, 13:00: -0.0076% (-66.6% APR)15/10, 14:00: -0.0040% (-35.0% APR)15/10, 15:00: 0.0009% (7.9% 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: -0.0039% (-34.2% APR)15/10, 22:00: -0.0110% (-96.4% APR)15/10, 23:00: -0.0051% (-44.7% APR)16/10, 00:00: -0.0032% (-28.0% APR)16/10, 01:00: 0.0012% (10.5% APR)16/10, 02:00: 0.0012% (10.5% APR)16/10, 03:00: 0.0005% (4.4% 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: -0.0005% (-4.4% APR)16/10, 14:00: -0.0021% (-18.4% 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: -0.0013% (-11.4% APR)16/10, 20:00: 0.0011% (9.6% 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: 0.0003% (2.6% APR)17/10, 03:00: 0.0009% (7.9% APR)17/10, 04:00: 0.0012% (10.5% APR)17/10, 05:00: 0.0012% (10.5% APR)17/10, 06:00: 0.0002% (1.8% APR)17/10, 07:00: -0.0015% (-13.1% APR)17/10, 08:00: 0.0002% (1.8% 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: 0.0009% (7.9% APR)17/10, 14:00: -0.0034% (-29.8% APR)17/10, 15:00: 0.0012% (10.5% APR)17/10, 16:00: 0.0012% (10.5% APR)17/10, 17:00: 0.0009% (7.9% APR)17/10, 18:00: -0.0002% (-1.8% 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: 0.0005% (4.4% APR)18/10, 00:00: 0.0007% (6.1% APR)18/10, 01:00: 0.0012% (10.5% APR)+96% APR−96%12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct
Longs pay shortsShorts pay longs

XPL funding comparison: questions and answers

Where is XPL funding the highest right now?

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

How can you earn the XPL funding spread?

Short XPL on Hyperliquid and go long the same size on Lighter: the price risk is hedged, and the difference of 0.4% 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 XPL funding averaged on Hyperliquid and Lighter?

Hyperliquid: 10.9% over 24 hours and 7.7% over 7 days. Lighter: 5.5% over 24 hours and -7.4% over 7 days (APR).