XRP funding rate: Hyperliquid vs Lighter

Price 1.2982 · every rate converted to APR · Hyperliquid and Lighter pay funding every hour

Hyperliquid, APR
-3.8%
-0.0004% per hour
Lighter, APR
-3.5%
-0.0004% per hour
Binance, APR
-4.5%
-0.0005% per hour
Bybit, APR
-24.2%
-0.0028% per hour
Max spread, APR
20.7%
Short on Lighter, long on Bybit

Average paid funding, APR

Exchange24 hours7 days30 days
Hyperliquid0.6%4.0%11.0%
Lighter5.0%-2.2%3.4%

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: 0.0007% (6.0% APR)11/10, 06:00: 0.0011% (9.6% APR)11/10, 07:00: 0.0011% (9.7% APR)11/10, 08:00: 0.0013% (10.9% APR)11/10, 09:00: 0.0001% (1.0% APR)11/10, 10:00: 0.0004% (3.3% APR)11/10, 11:00: 0.0011% (9.6% APR)11/10, 12:00: 0.0006% (5.5% APR)11/10, 13:00: 0.0007% (6.0% APR)11/10, 14:00: 0.0008% (6.8% 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: 0.0010% (9.0% APR)11/10, 22:00: 0.0008% (6.7% 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: 0.0010% (8.5% APR)12/10, 10:00: 0.0009% (7.7% APR)12/10, 11:00: 0.0012% (10.8% APR)12/10, 12:00: 0.0011% (10.0% APR)12/10, 13:00: 0.0011% (9.4% APR)12/10, 14:00: -0.0005% (-4.6% APR)12/10, 15:00: -0.0027% (-23.3% APR)12/10, 16:00: -0.0030% (-26.6% APR)12/10, 17:00: -0.0025% (-21.7% APR)12/10, 18:00: -0.0031% (-27.2% APR)12/10, 19:00: -0.0035% (-31.1% APR)12/10, 20:00: -0.0007% (-6.4% APR)12/10, 21:00: -0.0023% (-19.9% APR)12/10, 22:00: -0.0020% (-17.5% APR)12/10, 23:00: -0.0028% (-24.7% APR)13/10, 00:00: -0.0015% (-13.2% APR)13/10, 01:00: 0.0010% (8.6% APR)13/10, 02:00: 0.0008% (6.8% APR)13/10, 03:00: 0.0002% (1.5% APR)13/10, 04:00: -0.0005% (-4.2% APR)13/10, 05:00: -0.0002% (-2.0% APR)13/10, 06:00: 0.0004% (3.2% APR)13/10, 07:00: -0.0002% (-1.7% APR)13/10, 08:00: 0.0007% (6.2% APR)13/10, 09:00: 0.0007% (5.9% APR)13/10, 10:00: 0.0012% (10.3% APR)13/10, 11:00: 0.0010% (8.5% APR)13/10, 12:00: 0.0006% (5.3% APR)13/10, 13:00: 0.0004% (3.9% APR)13/10, 14:00: -0.0004% (-3.7% APR)13/10, 15:00: 0.0008% (6.7% APR)13/10, 16:00: 0.0007% (5.9% APR)13/10, 17:00: 0.0013% (10.9% APR)13/10, 18:00: 0.0004% (3.9% APR)13/10, 19:00: 0.0004% (3.4% APR)13/10, 20:00: -0.0001% (-0.6% APR)13/10, 21:00: 0.0001% (1.0% APR)13/10, 22:00: 0.0003% (2.6% APR)13/10, 23:00: 0.0003% (3.1% APR)14/10, 00:00: -0.0000% (-0.1% APR)14/10, 01:00: 0.0006% (4.8% APR)14/10, 02:00: 0.0008% (7.2% APR)14/10, 03:00: 0.0011% (9.4% APR)14/10, 04:00: 0.0013% (10.9% APR)14/10, 05:00: 0.0012% (10.9% APR)14/10, 06:00: 0.0009% (7.8% APR)14/10, 07:00: -0.0003% (-2.7% APR)14/10, 08:00: 0.0003% (2.9% APR)14/10, 09:00: 0.0013% (10.9% APR)14/10, 10:00: 0.0000% (0.4% APR)14/10, 11:00: 0.0007% (6.4% APR)14/10, 12:00: 0.0007% (6.3% APR)14/10, 13:00: 0.0012% (10.1% APR)14/10, 14:00: 0.0013% (10.9% APR)14/10, 15:00: 0.0005% (4.1% APR)14/10, 16:00: -0.0008% (-7.4% APR)14/10, 17:00: -0.0021% (-18.1% APR)14/10, 18:00: -0.0019% (-16.7% APR)14/10, 19:00: -0.0011% (-9.4% APR)14/10, 20:00: -0.0020% (-17.3% APR)14/10, 21:00: -0.0001% (-1.0% APR)14/10, 22:00: -0.0003% (-2.6% APR)14/10, 23:00: 0.0001% (1.3% APR)15/10, 00:00: 0.0006% (5.4% APR)15/10, 01:00: 0.0007% (6.1% APR)15/10, 02:00: 0.0006% (5.3% APR)15/10, 03:00: 0.0008% (6.9% APR)15/10, 04:00: -0.0003% (-2.7% APR)15/10, 05:00: 0.0004% (3.3% APR)15/10, 06:00: 0.0003% (2.4% APR)15/10, 07:00: -0.0004% (-3.8% APR)15/10, 08:00: 0.0005% (4.0% APR)15/10, 09:00: 0.0009% (8.1% APR)15/10, 10:00: -0.0006% (-4.9% APR)15/10, 11:00: -0.0004% (-3.3% APR)15/10, 12:00: 0.0000% (0.0% APR)15/10, 13:00: 0.0013% (10.9% 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: 0.0013% (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: 0.0009% (7.9% APR)17/10, 02:00: -0.0001% (-0.6% APR)17/10, 03:00: -0.0008% (-6.7% APR)17/10, 04:00: 0.0007% (6.1% APR)17/10, 05:00: 0.0008% (7.2% APR)17/10, 06:00: 0.0011% (10.0% APR)17/10, 07:00: 0.0012% (10.2% APR)17/10, 08:00: 0.0012% (10.8% APR)17/10, 09:00: -0.0001% (-0.9% APR)17/10, 10:00: -0.0001% (-1.2% APR)17/10, 11:00: 0.0006% (4.8% APR)17/10, 12:00: 0.0001% (0.7% APR)17/10, 13:00: -0.0004% (-3.3% APR)17/10, 14:00: -0.0002% (-2.0% APR)17/10, 15:00: 0.0001% (1.2% APR)17/10, 16:00: 0.0004% (3.8% APR)17/10, 17:00: 0.0002% (1.4% APR)17/10, 18:00: -0.0008% (-7.1% APR)17/10, 19:00: -0.0001% (-1.2% APR)17/10, 20:00: 0.0003% (2.5% APR)17/10, 21:00: 0.0006% (5.6% APR)17/10, 22:00: 0.0003% (3.0% APR)17/10, 23:00: -0.0014% (-12.7% APR)18/10, 00:00: -0.0013% (-11.2% APR)18/10, 01:00: -0.0008% (-6.8% APR)+31% APR−31%12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct
Longs pay shortsShorts pay longs

Lighter funding by hour, 7 days

11/10, 02:00: -0.0001% (-0.9% APR)11/10, 03:00: -0.0012% (-10.5% APR)11/10, 04:00: -0.0023% (-20.1% APR)11/10, 05:00: -0.0014% (-12.3% APR)11/10, 06:00: -0.0010% (-8.8% APR)11/10, 07:00: -0.0022% (-19.3% APR)11/10, 08:00: -0.0032% (-28.0% APR)11/10, 09:00: -0.0019% (-16.6% APR)11/10, 10:00: -0.0013% (-11.4% APR)11/10, 11:00: -0.0010% (-8.8% APR)11/10, 12:00: -0.0001% (-0.9% APR)11/10, 13:00: -0.0022% (-19.3% APR)11/10, 14:00: -0.0027% (-23.7% APR)11/10, 15:00: -0.0023% (-20.1% APR)11/10, 16:00: -0.0019% (-16.6% APR)11/10, 17:00: -0.0028% (-24.5% APR)11/10, 18:00: -0.0020% (-17.5% APR)11/10, 19:00: -0.0018% (-15.8% APR)11/10, 20:00: -0.0015% (-13.1% APR)11/10, 21:00: -0.0014% (-12.3% APR)11/10, 22:00: -0.0010% (-8.8% APR)11/10, 23:00: -0.0017% (-14.9% APR)12/10, 00:00: -0.0012% (-10.5% APR)12/10, 01:00: -0.0005% (-4.4% APR)12/10, 02:00: -0.0006% (-5.3% APR)12/10, 03:00: 0.0000% (0.0% APR)12/10, 04:00: -0.0010% (-8.8% APR)12/10, 05:00: -0.0004% (-3.5% APR)12/10, 06:00: -0.0005% (-4.4% APR)12/10, 07:00: -0.0021% (-18.4% APR)12/10, 08:00: -0.0010% (-8.8% APR)12/10, 09:00: -0.0014% (-12.3% APR)12/10, 10:00: -0.0011% (-9.6% APR)12/10, 11:00: -0.0009% (-7.9% APR)12/10, 12:00: -0.0009% (-7.9% APR)12/10, 13:00: -0.0005% (-4.4% APR)12/10, 14:00: -0.0012% (-10.5% APR)12/10, 15:00: -0.0010% (-8.8% APR)12/10, 16:00: -0.0019% (-16.6% APR)12/10, 17:00: -0.0016% (-14.0% APR)12/10, 18:00: -0.0025% (-21.9% APR)12/10, 19:00: -0.0026% (-22.8% APR)12/10, 20:00: -0.0024% (-21.0% APR)12/10, 21:00: -0.0012% (-10.5% APR)12/10, 22:00: -0.0014% (-12.3% APR)12/10, 23:00: -0.0007% (-6.1% APR)13/10, 00:00: -0.0006% (-5.3% APR)13/10, 01:00: -0.0020% (-17.5% APR)13/10, 02:00: -0.0021% (-18.4% APR)13/10, 03:00: -0.0032% (-28.0% APR)13/10, 04:00: -0.0034% (-29.8% APR)13/10, 05:00: -0.0032% (-28.0% APR)13/10, 06:00: -0.0017% (-14.9% APR)13/10, 07:00: -0.0024% (-21.0% APR)13/10, 08:00: -0.0017% (-14.9% APR)13/10, 09:00: -0.0019% (-16.6% APR)13/10, 10:00: -0.0007% (-6.1% APR)13/10, 11:00: 0.0000% (0.0% APR)13/10, 12:00: 0.0002% (1.8% APR)13/10, 13:00: -0.0006% (-5.3% APR)13/10, 14:00: -0.0011% (-9.6% APR)13/10, 15:00: -0.0012% (-10.5% APR)13/10, 16:00: -0.0002% (-1.8% APR)13/10, 17:00: -0.0013% (-11.4% APR)13/10, 18:00: -0.0014% (-12.3% APR)13/10, 19:00: -0.0021% (-18.4% APR)13/10, 20:00: -0.0018% (-15.8% APR)13/10, 21:00: -0.0022% (-19.3% APR)13/10, 22:00: -0.0011% (-9.6% APR)13/10, 23:00: -0.0013% (-11.4% APR)14/10, 00:00: -0.0001% (-0.9% APR)14/10, 01:00: -0.0006% (-5.3% APR)14/10, 02:00: -0.0010% (-8.8% APR)14/10, 03:00: 0.0007% (6.1% APR)14/10, 04:00: 0.0010% (8.8% APR)14/10, 05:00: 0.0003% (2.6% APR)14/10, 06:00: 0.0007% (6.1% APR)14/10, 07:00: 0.0007% (6.1% APR)14/10, 08:00: 0.0010% (8.8% 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: 0.0011% (9.6% APR)14/10, 16:00: 0.0002% (1.8% APR)14/10, 17:00: 0.0006% (5.3% APR)14/10, 18:00: 0.0012% (10.5% APR)14/10, 19:00: 0.0012% (10.5% APR)14/10, 20:00: 0.0011% (9.6% APR)14/10, 21:00: 0.0000% (0.0% APR)14/10, 22:00: -0.0009% (-7.9% APR)14/10, 23:00: -0.0009% (-7.9% APR)15/10, 00:00: 0.0001% (0.9% APR)15/10, 01:00: -0.0025% (-21.9% APR)15/10, 02:00: -0.0010% (-8.8% APR)15/10, 03:00: -0.0006% (-5.3% APR)15/10, 04:00: -0.0002% (-1.8% APR)15/10, 05:00: 0.0000% (0.0% APR)15/10, 06:00: 0.0000% (0.0% APR)15/10, 07:00: 0.0009% (7.9% APR)15/10, 08:00: 0.0003% (2.6% APR)15/10, 09:00: -0.0004% (-3.5% APR)15/10, 10:00: -0.0006% (-5.3% APR)15/10, 11:00: -0.0015% (-13.1% APR)15/10, 12:00: 0.0005% (4.4% 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: 0.0002% (1.8% APR)16/10, 20:00: -0.0009% (-7.9% APR)16/10, 21:00: -0.0003% (-2.6% APR)16/10, 22:00: 0.0003% (2.6% APR)16/10, 23:00: 0.0012% (10.5% APR)17/10, 00:00: 0.0012% (10.5% APR)17/10, 01:00: 0.0011% (9.6% 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: 0.0010% (8.8% APR)17/10, 07:00: 0.0011% (9.6% 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: 0.0003% (2.6% APR)17/10, 13:00: 0.0009% (7.9% APR)17/10, 14:00: 0.0009% (7.9% APR)17/10, 15:00: 0.0000% (0.0% APR)17/10, 16:00: 0.0003% (2.6% APR)17/10, 17:00: 0.0008% (7.0% APR)17/10, 18:00: 0.0002% (1.8% APR)17/10, 19:00: -0.0005% (-4.4% APR)17/10, 20:00: 0.0000% (0.0% APR)17/10, 21:00: 0.0002% (1.8% APR)17/10, 22:00: -0.0006% (-5.3% APR)17/10, 23:00: -0.0005% (-4.4% APR)18/10, 00:00: -0.0005% (-4.4% APR)18/10, 01:00: 0.0005% (4.4% APR)+30% APR−30%12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct
Longs pay shortsShorts pay longs

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

XRP funding comparison: questions and answers

Where is XRP funding the highest right now?

Lighter: -3.5%, Hyperliquid: -3.8%, Binance: -4.5%, Bybit: -24.2% APR. A positive rate means longs pay shorts.

How can you earn the XRP funding spread?

Short XRP on Lighter and go long the same size on Bybit: the price risk is hedged, and the difference of 20.7% 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 XRP funding averaged on Hyperliquid and Lighter?

Hyperliquid: 0.6% over 24 hours and 4.0% over 7 days. Lighter: 5.0% over 24 hours and -2.2% over 7 days (APR).