BOT funding rate: Hyperliquid vs Lighter

Price 23.828 · every rate converted to APR · Hyperliquid and Lighter pay funding every hour

Hyperliquid, APR
-54.2%
-0.0062% per hour
Lighter, APR
3.5%
0.0004% per hour
Binance, APR
0.0%
0.0000% per hour
Bybit, APR
0.0%
0.0000% per hour
Max spread, APR
57.7%
Short on Lighter, long on Hyperliquid

Average paid funding, APR

Exchange24 hours7 days30 days
Hyperliquid—-1.0%10.5%
Lighter-3.5%32.9%22.9%

Hyperliquid funding by hour, 7 days

11/10, 05:00: 0.0006% (5.5% APR)11/10, 06:00: 0.0006% (5.5% APR)11/10, 07:00: 0.0052% (45.8% APR)11/10, 08:00: 0.0034% (29.6% APR)11/10, 09:00: 0.0030% (26.1% APR)11/10, 10:00: 0.0006% (5.5% APR)11/10, 11:00: 0.0003% (2.7% APR)11/10, 12:00: -0.0012% (-10.2% APR)11/10, 13:00: 0.0014% (12.6% APR)11/10, 14:00: 0.0006% (5.5% APR)11/10, 15:00: 0.0006% (5.5% APR)11/10, 16:00: 0.0025% (21.9% APR)11/10, 17:00: 0.0046% (40.7% APR)11/10, 18:00: -0.0037% (-32.1% APR)11/10, 19:00: -0.0120% (-105.1% APR)11/10, 20:00: -0.0031% (-27.0% APR)11/10, 21:00: -0.0025% (-22.0% APR)11/10, 22:00: -0.0008% (-6.7% APR)11/10, 23:00: 0.0076% (66.5% APR)12/10, 00:00: 0.0132% (115.7% APR)12/10, 01:00: 0.0084% (73.5% APR)12/10, 02:00: -0.0004% (-3.4% APR)12/10, 03:00: 0.0040% (35.0% APR)12/10, 04:00: -0.0062% (-54.4% APR)12/10, 05:00: -0.0055% (-48.1% APR)12/10, 06:00: 0.0012% (10.7% APR)12/10, 07:00: -0.0052% (-45.7% APR)12/10, 08:00: -0.0157% (-137.8% APR)12/10, 09:00: 0.0128% (112.0% APR)12/10, 10:00: -0.0047% (-40.9% APR)12/10, 11:00: 0.0108% (94.2% APR)12/10, 12:00: 0.0068% (59.5% APR)12/10, 13:00: 0.0061% (53.0% APR)12/10, 14:00: 0.0006% (5.5% APR)12/10, 15:00: 0.0023% (19.9% APR)12/10, 16:00: 0.0043% (37.3% APR)12/10, 17:00: 0.0044% (38.4% APR)12/10, 18:00: 0.0016% (14.4% APR)12/10, 19:00: 0.0041% (35.9% APR)12/10, 20:00: 0.0044% (38.3% APR)12/10, 21:00: 0.0006% (5.5% APR)12/10, 22:00: 0.0006% (5.5% APR)12/10, 23:00: 0.0302% (264.7% APR)13/10, 00:00: 0.0191% (167.4% APR)13/10, 01:00: 0.0006% (5.5% APR)13/10, 02:00: -0.0054% (-47.5% APR)13/10, 03:00: -0.0021% (-18.3% APR)13/10, 04:00: 0.0097% (85.4% APR)13/10, 05:00: 0.0031% (27.1% APR)13/10, 06:00: -0.0004% (-3.5% APR)13/10, 07:00: -0.0064% (-56.1% APR)13/10, 08:00: 0.0159% (139.5% APR)13/10, 09:00: 0.0276% (242.1% APR)13/10, 10:00: 0.0142% (124.2% APR)13/10, 11:00: -0.0084% (-73.6% APR)13/10, 12:00: -0.0105% (-91.6% APR)13/10, 13:00: 0.0006% (5.5% APR)13/10, 14:00: 0.0080% (69.8% APR)13/10, 15:00: 0.0091% (80.1% APR)13/10, 16:00: 0.0060% (53.0% APR)13/10, 17:00: 0.0006% (5.5% APR)13/10, 18:00: 0.0020% (17.5% APR)13/10, 19:00: 0.0012% (10.2% APR)13/10, 20:00: 0.0006% (5.5% APR)13/10, 21:00: -0.0050% (-43.4% APR)13/10, 22:00: 0.0006% (5.5% APR)13/10, 23:00: -0.0059% (-52.0% APR)14/10, 00:00: -0.0181% (-158.9% APR)14/10, 01:00: -0.0020% (-17.5% APR)14/10, 02:00: -0.0063% (-55.5% APR)14/10, 03:00: 0.0049% (42.9% APR)14/10, 04:00: 0.0006% (5.5% APR)14/10, 05:00: 0.0111% (97.5% APR)14/10, 06:00: -0.0006% (-4.8% APR)14/10, 07:00: 0.0077% (67.5% APR)14/10, 08:00: 0.0006% (5.5% APR)14/10, 09:00: 0.0006% (5.5% APR)14/10, 10:00: 0.0006% (5.5% APR)14/10, 11:00: 0.0091% (79.7% APR)14/10, 12:00: 0.0175% (153.2% APR)14/10, 13:00: 0.0020% (17.5% APR)14/10, 14:00: 0.0061% (53.7% APR)14/10, 15:00: 0.0031% (26.8% APR)14/10, 16:00: 0.0006% (5.5% APR)14/10, 17:00: 0.0016% (13.6% APR)14/10, 18:00: 0.0042% (37.1% APR)14/10, 19:00: 0.0011% (9.9% APR)14/10, 20:00: 0.0006% (5.5% APR)14/10, 21:00: 0.0022% (19.6% APR)14/10, 22:00: 0.0006% (5.5% APR)14/10, 23:00: 0.0047% (41.2% APR)15/10, 00:00: 0.0053% (46.5% APR)15/10, 01:00: 0.0072% (63.3% APR)15/10, 02:00: 0.0019% (16.9% APR)15/10, 03:00: -0.0001% (-1.1% APR)15/10, 04:00: -0.0211% (-184.9% APR)15/10, 05:00: 0.0006% (5.5% APR)15/10, 06:00: -0.0069% (-60.3% APR)15/10, 07:00: -0.0115% (-100.9% APR)15/10, 08:00: 0.0015% (13.5% APR)15/10, 09:00: -0.0074% (-64.5% APR)15/10, 10:00: -0.0097% (-84.7% APR)15/10, 11:00: -0.0049% (-43.2% APR)15/10, 12:00: -0.0049% (-43.3% APR)15/10, 13:00: -0.0101% (-88.1% APR)15/10, 14:00: -0.0177% (-154.7% APR)15/10, 15:00: -0.0191% (-167.5% APR)15/10, 16:00: -0.0229% (-201.0% APR)15/10, 17:00: -0.0106% (-92.8% APR)15/10, 18:00: -0.0056% (-49.4% APR)15/10, 19:00: -0.0058% (-50.5% APR)15/10, 20:00: -0.0156% (-136.6% APR)15/10, 21:00: -0.0272% (-238.3% APR)15/10, 22:00: -0.0399% (-349.7% APR)15/10, 23:00: -0.0000% (-0.0% APR)16/10, 00:00: 0.0008% (7.4% APR)16/10, 01:00: -0.0113% (-99.2% APR)16/10, 02:00: 0.0079% (69.1% APR)16/10, 03:00: 0.0291% (255.0% APR)16/10, 04:00: 0.0206% (180.9% APR)16/10, 05:00: 0.0242% (212.4% APR)16/10, 06:00: 0.0114% (100.3% APR)16/10, 07:00: -0.0261% (-228.5% APR)16/10, 08:00: 0.0006% (5.5% APR)16/10, 09:00: -0.0100% (-87.2% APR)16/10, 10:00: 0.0014% (12.5% APR)16/10, 11:00: -0.0053% (-46.4% APR)16/10, 12:00: -0.0053% (-46.5% APR)16/10, 13:00: 0.0011% (9.6% APR)16/10, 14:00: -0.0455% (-398.8% APR)16/10, 15:00: 0.0006% (5.5% APR)+399% APR−399%12 Oct13 Oct14 Oct15 Oct16 Oct
Longs pay shortsShorts pay longs

Lighter funding by hour, 7 days

11/10, 05:00: 0.0049% (42.9% APR)11/10, 06:00: 0.0004% (3.5% APR)11/10, 07:00: 0.0004% (3.5% APR)11/10, 08:00: 0.0004% (3.5% APR)11/10, 09:00: 0.0004% (3.5% APR)11/10, 10:00: 0.0004% (3.5% APR)11/10, 11:00: 0.0004% (3.5% APR)11/10, 12:00: 0.0536% (469.5% APR)11/10, 13:00: 0.0541% (473.9% APR)11/10, 14:00: 0.0541% (473.9% APR)11/10, 15:00: 0.0542% (474.8% APR)11/10, 16:00: 0.0536% (469.5% APR)11/10, 17:00: 0.0564% (494.1% APR)11/10, 18:00: 0.0532% (466.0% APR)11/10, 19:00: 0.0276% (241.8% APR)11/10, 20:00: 0.0286% (250.5% APR)11/10, 21:00: 0.0279% (244.4% APR)11/10, 22:00: 0.0290% (254.0% APR)11/10, 23:00: 0.0312% (273.3% APR)12/10, 00:00: 0.0668% (585.2% APR)12/10, 01:00: 0.0568% (497.6% APR)12/10, 02:00: 0.0289% (253.2% APR)12/10, 03:00: 0.0346% (303.1% APR)12/10, 04:00: 0.0364% (318.9% APR)12/10, 05:00: 0.0345% (302.2% APR)12/10, 06:00: 0.0445% (389.8% APR)12/10, 07:00: 0.0411% (360.0% APR)12/10, 08:00: 0.0293% (256.7% APR)12/10, 09:00: 0.0050% (43.8% APR)12/10, 10:00: 0.0004% (3.5% APR)12/10, 11:00: 0.0004% (3.5% APR)12/10, 12:00: 0.0004% (3.5% APR)12/10, 13:00: 0.0004% (3.5% APR)12/10, 14:00: 0.0004% (3.5% APR)12/10, 15:00: 0.0004% (3.5% APR)12/10, 16:00: 0.0004% (3.5% APR)12/10, 17:00: 0.0004% (3.5% APR)12/10, 18:00: 0.0004% (3.5% APR)12/10, 19:00: 0.0004% (3.5% APR)12/10, 20:00: 0.0004% (3.5% APR)12/10, 21:00: 0.0004% (3.5% APR)12/10, 22:00: -0.0012% (-10.5% APR)12/10, 23:00: -0.0034% (-29.8% APR)13/10, 00:00: -0.0049% (-42.9% APR)13/10, 01:00: 0.0004% (3.5% APR)13/10, 02:00: -0.0161% (-141.0% APR)13/10, 03:00: -0.0267% (-233.9% APR)13/10, 04:00: -0.0131% (-114.8% APR)13/10, 05:00: -0.0107% (-93.7% APR)13/10, 06:00: -0.0258% (-226.0% APR)13/10, 07:00: -0.0353% (-309.2% APR)13/10, 08:00: -0.0252% (-220.8% APR)13/10, 09:00: 0.0004% (3.5% APR)13/10, 10:00: 0.0004% (3.5% APR)13/10, 11:00: 0.0004% (3.5% APR)13/10, 12:00: 0.0004% (3.5% APR)13/10, 13:00: 0.0004% (3.5% APR)13/10, 14:00: 0.0004% (3.5% APR)13/10, 15:00: 0.0004% (3.5% APR)13/10, 16:00: 0.0004% (3.5% APR)13/10, 17:00: 0.0004% (3.5% APR)13/10, 18:00: 0.0004% (3.5% APR)13/10, 19:00: 0.0004% (3.5% APR)13/10, 20:00: 0.0004% (3.5% APR)13/10, 21:00: 0.0011% (9.6% APR)13/10, 22:00: 0.0004% (3.5% APR)13/10, 23:00: 0.0004% (3.5% APR)14/10, 00:00: 0.0004% (3.5% APR)14/10, 01:00: 0.0004% (3.5% APR)14/10, 02:00: 0.0004% (3.5% APR)14/10, 03:00: 0.0004% (3.5% APR)14/10, 04:00: 0.0004% (3.5% APR)14/10, 05:00: 0.0008% (7.0% APR)14/10, 06:00: 0.0004% (3.5% APR)14/10, 07:00: 0.0026% (22.8% APR)14/10, 08:00: 0.0008% (7.0% APR)14/10, 09:00: -0.0717% (-628.1% APR)14/10, 10:00: -0.0428% (-374.9% APR)14/10, 11:00: -0.0456% (-399.5% APR)14/10, 12:00: -0.0007% (-6.1% APR)14/10, 13:00: -0.0043% (-37.7% APR)14/10, 14:00: -0.0026% (-22.8% APR)14/10, 15:00: 0.0004% (3.5% APR)14/10, 16:00: 0.0004% (3.5% APR)14/10, 17:00: 0.0004% (3.5% APR)14/10, 18:00: 0.0004% (3.5% APR)14/10, 19:00: 0.0004% (3.5% APR)14/10, 20:00: 0.0004% (3.5% APR)14/10, 21:00: -0.0450% (-394.2% APR)14/10, 22:00: 0.0004% (3.5% APR)14/10, 23:00: 0.0014% (12.3% APR)15/10, 00:00: 0.0004% (3.5% APR)15/10, 01:00: 0.0004% (3.5% APR)15/10, 02:00: 0.0004% (3.5% APR)15/10, 03:00: 0.0004% (3.5% APR)15/10, 04:00: 0.0004% (3.5% APR)15/10, 05:00: 0.0004% (3.5% APR)15/10, 06:00: 0.0004% (3.5% APR)15/10, 07:00: 0.0004% (3.5% APR)15/10, 08:00: 0.0004% (3.5% APR)15/10, 09:00: -0.0275% (-240.9% APR)15/10, 10:00: -0.0175% (-153.3% APR)15/10, 11:00: 0.0004% (3.5% APR)15/10, 12:00: 0.0002% (1.8% APR)15/10, 13:00: 0.0004% (3.5% APR)15/10, 14:00: 0.0000% (0.0% APR)15/10, 15:00: 0.0004% (3.5% APR)15/10, 16:00: 0.0004% (3.5% APR)15/10, 17:00: 0.0004% (3.5% APR)15/10, 18:00: 0.0004% (3.5% APR)15/10, 19:00: 0.0004% (3.5% APR)15/10, 20:00: 0.0004% (3.5% APR)15/10, 21:00: 0.0114% (99.9% APR)15/10, 22:00: 0.0004% (3.5% APR)15/10, 23:00: 0.0035% (30.7% APR)16/10, 00:00: -0.0225% (-197.1% APR)16/10, 01:00: 0.0004% (3.5% APR)16/10, 02:00: 0.0019% (16.6% APR)16/10, 03:00: 0.0384% (336.4% APR)16/10, 04:00: 0.0628% (550.1% APR)16/10, 05:00: 0.0343% (300.5% APR)16/10, 06:00: 0.0287% (251.4% APR)16/10, 07:00: 0.0004% (3.5% APR)16/10, 08:00: 0.0004% (3.5% APR)16/10, 09:00: 0.0008% (7.0% APR)16/10, 10:00: 0.0004% (3.5% APR)16/10, 11:00: -0.0089% (-78.0% APR)16/10, 12:00: -0.0049% (-42.9% APR)16/10, 13:00: -0.0247% (-216.4% APR)16/10, 14:00: -0.0115% (-100.7% APR)16/10, 15:00: 0.0004% (3.5% APR)16/10, 16:00: 0.0004% (3.5% APR)16/10, 17:00: 0.0004% (3.5% APR)16/10, 18:00: 0.0004% (3.5% APR)16/10, 19:00: 0.0004% (3.5% APR)16/10, 20:00: 0.0004% (3.5% APR)16/10, 21:00: 0.0023% (20.1% APR)16/10, 22:00: 0.0015% (13.1% APR)16/10, 23:00: 0.0019% (16.6% APR)17/10, 00:00: 0.0004% (3.5% APR)17/10, 01:00: 0.0004% (3.5% APR)17/10, 02:00: 0.0004% (3.5% APR)17/10, 03:00: 0.0004% (3.5% APR)17/10, 04:00: 0.0004% (3.5% APR)17/10, 05:00: 0.0004% (3.5% APR)17/10, 06:00: 0.0004% (3.5% APR)17/10, 07:00: 0.0004% (3.5% APR)17/10, 08:00: 0.0004% (3.5% APR)17/10, 09:00: 0.0004% (3.5% APR)17/10, 10:00: 0.0004% (3.5% APR)17/10, 11:00: 0.0004% (3.5% APR)17/10, 12:00: 0.0004% (3.5% APR)17/10, 13:00: 0.0004% (3.5% APR)17/10, 14:00: 0.0004% (3.5% APR)17/10, 15:00: 0.0004% (3.5% APR)17/10, 16:00: 0.0004% (3.5% APR)17/10, 17:00: 0.0004% (3.5% APR)17/10, 18:00: 0.0004% (3.5% APR)17/10, 19:00: 0.0004% (3.5% APR)17/10, 20:00: 0.0004% (3.5% APR)17/10, 21:00: 0.0004% (3.5% APR)17/10, 22:00: -0.0188% (-164.7% APR)17/10, 23:00: 0.0004% (3.5% APR)18/10, 00:00: 0.0004% (3.5% APR)18/10, 01:00: 0.0004% (3.5% APR)18/10, 02:00: 0.0004% (3.5% APR)18/10, 03:00: 0.0004% (3.5% APR)18/10, 04:00: 0.0004% (3.5% APR)+628% APR−628%12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct
Longs pay shortsShorts pay longs

BOT (xyz) funding on Hyperliquid →BOT (xyz): whale positions →All markets: funding comparison →

BOT (xyz) funding comparison: questions and answers

Where is BOT (xyz) funding the highest right now?

Lighter: 3.5%, Binance: 0.0%, Bybit: 0.0%, Hyperliquid: -54.2% APR. A positive rate means longs pay shorts.

How can you earn the BOT (xyz) funding spread?

Short BOT (xyz) on Lighter and go long the same size on Hyperliquid: the price risk is hedged, and the difference of 57.7% 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 BOT (xyz) funding averaged on Hyperliquid and Lighter?

Hyperliquid: — over 24 hours and -1.0% over 7 days. Lighter: -3.5% over 24 hours and 32.9% over 7 days (APR).