CBRS funding rate: Hyperliquid vs Lighter

Price 124.8 · every rate converted to APR · Hyperliquid and Lighter pay funding every hour

Hyperliquid, APR
5.5%
0.0006% per hour
Lighter, APR
3.5%
0.0004% per hour
Binance, APR
0.0%
0.0000% per hour
Bybit, APR
6.4%
0.0007% per hour
Max spread, APR
6.4%
Short on Bybit, long on Binance

Average paid funding, APR

Exchange24 hours7 days30 days
Hyperliquid-24.0%1.4%3.4%
Lighter-18.7%10.0%9.7%

Hyperliquid funding by hour, 7 days

11/10, 05:00: -0.0006% (-5.3% APR)11/10, 06:00: 0.0004% (3.8% APR)11/10, 07:00: 0.0006% (5.5% APR)11/10, 08:00: 0.0005% (4.8% APR)11/10, 09:00: 0.0006% (5.5% APR)11/10, 10:00: 0.0024% (21.1% APR)11/10, 11:00: 0.0006% (5.5% APR)11/10, 12:00: 0.0007% (5.9% APR)11/10, 13:00: 0.0042% (37.1% APR)11/10, 14:00: 0.0021% (18.4% APR)11/10, 15:00: 0.0006% (5.5% APR)11/10, 16:00: 0.0006% (5.5% APR)11/10, 17:00: 0.0054% (47.0% APR)11/10, 18:00: 0.0006% (5.5% APR)11/10, 19:00: -0.0035% (-30.6% APR)11/10, 20:00: -0.0033% (-28.5% APR)11/10, 21:00: 0.0000% (0.4% APR)11/10, 22:00: -0.0003% (-2.9% APR)11/10, 23:00: 0.0006% (5.5% APR)12/10, 00:00: 0.0018% (15.5% APR)12/10, 01:00: 0.0015% (13.0% APR)12/10, 02:00: 0.0044% (38.5% APR)12/10, 03:00: 0.0046% (40.1% APR)12/10, 04:00: 0.0006% (5.5% APR)12/10, 05:00: 0.0037% (32.4% APR)12/10, 06:00: 0.0032% (27.8% APR)12/10, 07:00: 0.0006% (5.5% APR)12/10, 08:00: 0.0063% (55.3% APR)12/10, 09:00: 0.0006% (5.5% APR)12/10, 10:00: 0.0024% (21.1% APR)12/10, 11:00: 0.0043% (38.0% APR)12/10, 12:00: 0.0018% (15.7% APR)12/10, 13:00: 0.0032% (28.3% APR)12/10, 14:00: 0.0006% (5.5% APR)12/10, 15:00: -0.0026% (-22.4% APR)12/10, 16:00: -0.0001% (-0.6% APR)12/10, 17:00: 0.0004% (3.8% APR)12/10, 18:00: 0.0006% (5.5% APR)12/10, 19:00: 0.0006% (5.5% APR)12/10, 20:00: 0.0006% (5.5% APR)12/10, 21:00: -0.0005% (-4.5% APR)12/10, 22:00: -0.0017% (-14.6% APR)12/10, 23:00: -0.0007% (-5.8% APR)13/10, 00:00: -0.0012% (-10.9% APR)13/10, 01:00: -0.0012% (-10.6% APR)13/10, 02:00: 0.0002% (2.0% APR)13/10, 03:00: 0.0006% (5.5% APR)13/10, 04:00: 0.0006% (5.5% APR)13/10, 05:00: 0.0006% (5.5% APR)13/10, 06:00: 0.0015% (12.8% APR)13/10, 07:00: 0.0006% (5.5% APR)13/10, 08:00: 0.0006% (5.5% APR)13/10, 09:00: 0.0006% (5.5% APR)13/10, 10:00: 0.0006% (5.5% APR)13/10, 11:00: 0.0003% (2.8% APR)13/10, 12:00: 0.0006% (5.5% APR)13/10, 13:00: 0.0005% (4.6% APR)13/10, 14:00: 0.0006% (5.5% APR)13/10, 15:00: 0.0006% (5.5% APR)13/10, 16:00: 0.0006% (5.5% APR)13/10, 17:00: 0.0006% (5.5% APR)13/10, 18:00: 0.0006% (5.5% APR)13/10, 19:00: -0.0007% (-6.6% APR)13/10, 20:00: 0.0006% (5.5% APR)13/10, 21:00: 0.0006% (5.5% APR)13/10, 22:00: 0.0017% (15.3% APR)13/10, 23:00: 0.0006% (5.5% APR)14/10, 00:00: 0.0006% (5.5% APR)14/10, 01:00: 0.0005% (4.4% APR)14/10, 02:00: -0.0025% (-22.1% APR)14/10, 03:00: 0.0006% (5.5% APR)14/10, 04:00: 0.0005% (4.1% APR)14/10, 05:00: -0.0023% (-20.4% APR)14/10, 06:00: -0.0022% (-19.5% APR)14/10, 07:00: 0.0002% (2.0% APR)14/10, 08:00: 0.0006% (5.5% APR)14/10, 09:00: -0.0012% (-10.5% APR)14/10, 10:00: 0.0006% (5.5% APR)14/10, 11:00: 0.0006% (5.5% APR)14/10, 12:00: 0.0006% (5.5% APR)14/10, 13:00: 0.0006% (5.5% APR)14/10, 14:00: 0.0006% (5.5% APR)14/10, 15:00: 0.0006% (5.5% APR)14/10, 16:00: 0.0006% (5.5% APR)14/10, 17:00: 0.0006% (5.5% APR)14/10, 18:00: 0.0006% (5.5% APR)14/10, 19:00: 0.0017% (14.5% APR)14/10, 20:00: 0.0007% (6.0% APR)14/10, 21:00: 0.0006% (5.5% APR)14/10, 22:00: 0.0006% (5.5% APR)14/10, 23:00: -0.0003% (-2.5% APR)15/10, 00:00: -0.0034% (-29.9% APR)15/10, 01:00: 0.0006% (5.5% APR)15/10, 02:00: 0.0005% (4.3% APR)15/10, 03:00: 0.0005% (4.1% APR)15/10, 04:00: -0.0029% (-25.7% APR)15/10, 05:00: 0.0004% (3.4% APR)15/10, 06:00: -0.0041% (-36.0% APR)15/10, 07:00: -0.0015% (-13.4% APR)15/10, 08:00: -0.0016% (-14.4% APR)15/10, 09:00: 0.0006% (5.5% APR)15/10, 10:00: 0.0030% (26.0% APR)15/10, 11:00: -0.0000% (-0.3% APR)15/10, 12:00: 0.0006% (5.5% APR)15/10, 13:00: 0.0006% (5.5% APR)15/10, 14:00: 0.0006% (5.5% APR)15/10, 15:00: 0.0006% (5.5% APR)15/10, 16:00: 0.0006% (5.5% APR)15/10, 17:00: 0.0006% (5.5% APR)15/10, 18:00: 0.0012% (10.9% APR)15/10, 19:00: 0.0009% (7.7% APR)15/10, 20:00: 0.0013% (11.8% APR)15/10, 21:00: 0.0006% (5.5% APR)15/10, 22:00: 0.0012% (10.2% APR)15/10, 23:00: -0.0006% (-5.5% APR)16/10, 00:00: -0.0009% (-8.1% APR)16/10, 01:00: -0.0013% (-11.7% APR)16/10, 02:00: 0.0006% (5.5% APR)16/10, 03:00: -0.0006% (-4.9% APR)16/10, 04:00: 0.0001% (0.5% APR)16/10, 05:00: 0.0006% (5.5% APR)16/10, 06:00: 0.0006% (5.5% APR)16/10, 07:00: 0.0006% (5.5% APR)16/10, 08:00: 0.0006% (5.5% APR)16/10, 09:00: 0.0006% (5.5% APR)16/10, 10:00: 0.0006% (5.5% APR)16/10, 11:00: 0.0005% (4.5% APR)16/10, 12:00: 0.0006% (5.5% APR)16/10, 13:00: -0.0014% (-12.6% APR)16/10, 14:00: 0.0006% (5.5% APR)16/10, 15:00: 0.0006% (5.7% APR)16/10, 16:00: 0.0015% (13.1% APR)16/10, 17:00: 0.0006% (5.5% APR)16/10, 18:00: 0.0006% (5.5% APR)16/10, 19:00: 0.0006% (5.5% APR)16/10, 20:00: 0.0006% (5.5% APR)16/10, 21:00: 0.0006% (5.5% APR)16/10, 22:00: 0.0006% (5.5% APR)16/10, 23:00: 0.0006% (5.5% APR)17/10, 00:00: 0.0006% (5.5% APR)17/10, 01:00: 0.0045% (39.2% APR)17/10, 02:00: 0.0137% (119.7% APR)17/10, 03:00: 0.0006% (5.5% APR)17/10, 04:00: 0.0006% (5.5% APR)17/10, 05:00: 0.0017% (14.9% APR)17/10, 06:00: 0.0052% (45.2% APR)17/10, 07:00: 0.0023% (20.0% APR)17/10, 08:00: -0.0020% (-17.2% APR)17/10, 09:00: -0.0056% (-49.3% APR)17/10, 10:00: 0.0015% (13.1% APR)17/10, 11:00: 0.0006% (5.5% APR)17/10, 12:00: -0.0018% (-16.0% APR)17/10, 13:00: -0.0074% (-64.6% APR)17/10, 14:00: -0.0004% (-3.8% APR)17/10, 15:00: 0.0006% (5.5% APR)17/10, 16:00: -0.0099% (-86.5% APR)17/10, 17:00: 0.0006% (5.5% APR)17/10, 18:00: -0.0011% (-9.7% APR)17/10, 19:00: 0.0073% (63.8% APR)17/10, 20:00: 0.0025% (22.2% APR)17/10, 21:00: 0.0006% (5.5% APR)17/10, 22:00: -0.0539% (-472.0% APR)17/10, 23:00: -0.0092% (-80.5% APR)18/10, 00:00: 0.0053% (46.6% APR)18/10, 01:00: -0.0122% (-107.2% APR)18/10, 02:00: 0.0069% (60.5% APR)18/10, 03:00: 0.0001% (0.8% APR)18/10, 04:00: 0.0025% (22.1% APR)+472% APR−472%12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct
Longs pay shortsShorts pay longs

Lighter funding by hour, 7 days

11/10, 05:00: 0.0004% (3.5% 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: 0.0004% (3.5% APR)11/10, 13:00: 0.0014% (12.3% APR)11/10, 14:00: 0.0004% (3.5% APR)11/10, 15:00: 0.0004% (3.5% APR)11/10, 16:00: 0.0004% (3.5% APR)11/10, 17:00: 0.0034% (29.8% APR)11/10, 18:00: 0.0004% (3.5% APR)11/10, 19:00: -0.0008% (-7.0% APR)11/10, 20:00: -0.0013% (-11.4% APR)11/10, 21:00: 0.0004% (3.5% APR)11/10, 22:00: 0.0004% (3.5% APR)11/10, 23:00: 0.0004% (3.5% APR)12/10, 00:00: 0.0008% (7.0% APR)12/10, 01:00: 0.0027% (23.7% APR)12/10, 02:00: 0.0048% (42.0% APR)12/10, 03:00: 0.0027% (23.7% APR)12/10, 04:00: 0.0004% (3.5% APR)12/10, 05:00: 0.0028% (24.5% APR)12/10, 06:00: 0.0021% (18.4% APR)12/10, 07:00: 0.0013% (11.4% APR)12/10, 08:00: 0.0066% (57.8% APR)12/10, 09:00: 0.0004% (3.5% APR)12/10, 10:00: 0.0011% (9.6% APR)12/10, 11:00: 0.0026% (22.8% APR)12/10, 12:00: 0.0004% (3.5% APR)12/10, 13:00: 0.0019% (16.6% APR)12/10, 14:00: 0.0004% (3.5% APR)12/10, 15:00: 0.0004% (3.5% APR)12/10, 16:00: 0.0005% (4.4% 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: 0.0004% (3.5% APR)12/10, 23:00: 0.0004% (3.5% APR)13/10, 00:00: 0.0004% (3.5% APR)13/10, 01:00: 0.0004% (3.5% APR)13/10, 02:00: 0.0004% (3.5% APR)13/10, 03:00: 0.0004% (3.5% APR)13/10, 04:00: 0.0004% (3.5% APR)13/10, 05:00: 0.0004% (3.5% APR)13/10, 06:00: 0.0027% (23.7% APR)13/10, 07:00: 0.0024% (21.0% APR)13/10, 08:00: 0.0023% (20.1% APR)13/10, 09:00: 0.0019% (16.6% APR)13/10, 10:00: 0.0018% (15.8% APR)13/10, 11:00: 0.0004% (3.5% APR)13/10, 12:00: 0.0004% (3.5% APR)13/10, 13:00: 0.0014% (12.3% APR)13/10, 14:00: 0.0031% (27.2% APR)13/10, 15:00: 0.0039% (34.2% APR)13/10, 16:00: 0.0037% (32.4% APR)13/10, 17:00: 0.0053% (46.4% APR)13/10, 18:00: 0.0030% (26.3% APR)13/10, 19:00: 0.0010% (8.8% APR)13/10, 20:00: 0.0004% (3.5% APR)13/10, 21:00: 0.0004% (3.5% APR)13/10, 22:00: 0.0015% (13.1% APR)13/10, 23:00: 0.0017% (14.9% 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: 0.0022% (19.3% APR)14/10, 06:00: 0.0004% (3.5% APR)14/10, 07:00: 0.0004% (3.5% APR)14/10, 08:00: 0.0004% (3.5% APR)14/10, 09:00: 0.0004% (3.5% APR)14/10, 10:00: 0.0004% (3.5% APR)14/10, 11:00: 0.0004% (3.5% APR)14/10, 12:00: 0.0004% (3.5% APR)14/10, 13:00: 0.0004% (3.5% APR)14/10, 14:00: 0.0008% (7.0% APR)14/10, 15:00: 0.0021% (18.4% APR)14/10, 16:00: 0.0005% (4.4% APR)14/10, 17:00: 0.0004% (3.5% APR)14/10, 18:00: 0.0006% (5.3% APR)14/10, 19:00: 0.0024% (21.0% APR)14/10, 20:00: 0.0027% (23.7% APR)14/10, 21:00: 0.0004% (3.5% APR)14/10, 22:00: 0.0005% (4.4% APR)14/10, 23:00: 0.0004% (3.5% APR)15/10, 00:00: 0.0004% (3.5% APR)15/10, 01:00: 0.0017% (14.9% APR)15/10, 02:00: 0.0027% (23.7% APR)15/10, 03:00: 0.0039% (34.2% APR)15/10, 04:00: 0.0019% (16.6% APR)15/10, 05:00: 0.0022% (19.3% APR)15/10, 06:00: 0.0004% (3.5% APR)15/10, 07:00: 0.0036% (31.5% APR)15/10, 08:00: 0.0004% (3.5% APR)15/10, 09:00: 0.0029% (25.4% APR)15/10, 10:00: 0.0025% (21.9% APR)15/10, 11:00: 0.0031% (27.2% APR)15/10, 12:00: 0.0030% (26.3% APR)15/10, 13:00: 0.0010% (8.8% APR)15/10, 14:00: 0.0018% (15.8% APR)15/10, 15:00: 0.0035% (30.7% APR)15/10, 16:00: 0.0038% (33.3% APR)15/10, 17:00: 0.0036% (31.5% APR)15/10, 18:00: 0.0045% (39.4% APR)15/10, 19:00: 0.0047% (41.2% APR)15/10, 20:00: 0.0067% (58.7% APR)15/10, 21:00: 0.0039% (34.2% APR)15/10, 22:00: 0.0038% (33.3% APR)15/10, 23:00: 0.0025% (21.9% APR)16/10, 00:00: 0.0004% (3.5% APR)16/10, 01:00: 0.0018% (15.8% APR)16/10, 02:00: 0.0028% (24.5% APR)16/10, 03:00: 0.0004% (3.5% APR)16/10, 04:00: 0.0009% (7.9% APR)16/10, 05:00: 0.0047% (41.2% APR)16/10, 06:00: 0.0031% (27.2% APR)16/10, 07:00: 0.0010% (8.8% APR)16/10, 08:00: 0.0023% (20.1% APR)16/10, 09:00: 0.0004% (3.5% APR)16/10, 10:00: 0.0015% (13.1% APR)16/10, 11:00: 0.0005% (4.4% APR)16/10, 12:00: 0.0004% (3.5% APR)16/10, 13:00: 0.0004% (3.5% APR)16/10, 14:00: 0.0009% (7.9% APR)16/10, 15:00: 0.0040% (35.0% APR)16/10, 16:00: 0.0033% (28.9% APR)16/10, 17:00: 0.0039% (34.2% APR)16/10, 18:00: 0.0014% (12.3% APR)16/10, 19:00: 0.0006% (5.3% APR)16/10, 20:00: 0.0025% (21.9% APR)16/10, 21:00: 0.0035% (30.7% APR)16/10, 22:00: 0.0035% (30.7% APR)16/10, 23:00: 0.0046% (40.3% APR)17/10, 00:00: 0.0052% (45.6% APR)17/10, 01:00: 0.0070% (61.3% APR)17/10, 02:00: 0.0111% (97.2% 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: 0.0028% (24.5% APR)17/10, 07:00: 0.0004% (3.5% APR)17/10, 08:00: 0.0002% (1.8% APR)17/10, 09:00: -0.0026% (-22.8% APR)17/10, 10:00: 0.0004% (3.5% APR)17/10, 11:00: 0.0004% (3.5% APR)17/10, 12:00: 0.0003% (2.6% APR)17/10, 13:00: -0.0038% (-33.3% APR)17/10, 14:00: 0.0004% (3.5% APR)17/10, 15:00: 0.0004% (3.5% APR)17/10, 16:00: -0.0067% (-58.7% APR)17/10, 17:00: 0.0004% (3.5% APR)17/10, 18:00: 0.0004% (3.5% APR)17/10, 19:00: 0.0070% (61.3% APR)17/10, 20:00: 0.0004% (3.5% APR)17/10, 21:00: 0.0004% (3.5% APR)17/10, 22:00: -0.0470% (-411.7% APR)17/10, 23:00: -0.0049% (-42.9% APR)18/10, 00:00: 0.0036% (31.5% APR)18/10, 01:00: -0.0104% (-91.1% APR)18/10, 02:00: 0.0051% (44.7% APR)18/10, 03:00: 0.0004% (3.5% APR)18/10, 04:00: 0.0008% (7.0% APR)+412% APR−412%12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct
Longs pay shortsShorts pay longs

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

CBRS (xyz) funding comparison: questions and answers

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

Bybit: 6.4%, Hyperliquid: 5.5%, Lighter: 3.5%, Binance: 0.0% APR. A positive rate means longs pay shorts.

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

Short CBRS (xyz) on Bybit and go long the same size on Binance: the price risk is hedged, and the difference of 6.4% 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 CBRS (xyz) funding averaged on Hyperliquid and Lighter?

Hyperliquid: -24.0% over 24 hours and 1.4% over 7 days. Lighter: -18.7% over 24 hours and 10.0% over 7 days (APR).