DRAM funding rate: Hyperliquid vs Lighter

Price 45.778 · every rate converted to APR · Hyperliquid and Lighter pay funding every hour

Hyperliquid, APR
236.4%
0.0270% per hour
Lighter, APR
233.9%
0.0267% per hour
Binance, APR
-13.0%
-0.0015% per hour
Bybit, APR
202.5%
0.0231% per hour
Max spread, APR
249.4%
Short on Hyperliquid, long on Binance

Average paid funding, APR

Exchange24 hours7 days30 days
Hyperliquid-20.6%5.7%10.4%
Lighter-21.0%10.4%13.8%

Hyperliquid funding by hour, 7 days

11/10, 02:00: 0.0006% (5.5% APR)11/10, 03:00: 0.0006% (5.5% APR)11/10, 04:00: -0.0027% (-23.9% APR)11/10, 05:00: -0.0015% (-13.2% APR)11/10, 06:00: 0.0006% (5.5% APR)11/10, 07:00: 0.0006% (5.5% APR)11/10, 08:00: 0.0006% (5.5% APR)11/10, 09:00: 0.0006% (5.5% APR)11/10, 10:00: 0.0006% (5.5% APR)11/10, 11:00: 0.0006% (5.5% APR)11/10, 12:00: 0.0006% (5.5% APR)11/10, 13:00: 0.0029% (25.7% APR)11/10, 14:00: 0.0006% (5.5% APR)11/10, 15:00: 0.0006% (5.5% APR)11/10, 16:00: 0.0024% (20.7% APR)11/10, 17:00: 0.0086% (75.7% APR)11/10, 18:00: 0.0006% (5.5% APR)11/10, 19:00: -0.0001% (-0.5% APR)11/10, 20:00: -0.0024% (-20.8% APR)11/10, 21:00: -0.0001% (-1.2% APR)11/10, 22:00: -0.0006% (-4.8% APR)11/10, 23:00: 0.0006% (5.5% APR)12/10, 00:00: 0.0006% (5.3% APR)12/10, 01:00: 0.0006% (5.5% APR)12/10, 02:00: 0.0006% (5.5% APR)12/10, 03:00: 0.0006% (5.5% APR)12/10, 04:00: 0.0006% (5.5% APR)12/10, 05:00: 0.0013% (11.6% APR)12/10, 06:00: 0.0006% (5.5% APR)12/10, 07:00: 0.0006% (5.5% APR)12/10, 08:00: 0.0007% (5.9% APR)12/10, 09:00: 0.0006% (5.6% APR)12/10, 10:00: 0.0014% (12.1% APR)12/10, 11:00: 0.0009% (8.2% APR)12/10, 12:00: 0.0009% (7.6% APR)12/10, 13:00: 0.0006% (5.5% APR)12/10, 14:00: 0.0006% (5.5% APR)12/10, 15:00: 0.0007% (6.3% APR)12/10, 16:00: 0.0014% (11.9% APR)12/10, 17:00: 0.0012% (10.9% APR)12/10, 18:00: 0.0014% (12.5% APR)12/10, 19:00: 0.0006% (5.7% APR)12/10, 20:00: 0.0010% (8.4% APR)12/10, 21:00: 0.0006% (5.5% APR)12/10, 22:00: 0.0006% (5.5% APR)12/10, 23:00: 0.0006% (5.5% APR)13/10, 00:00: 0.0006% (5.5% APR)13/10, 01:00: 0.0006% (5.5% APR)13/10, 02:00: 0.0006% (5.5% 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: 0.0006% (5.5% APR)13/10, 07:00: 0.0006% (5.5% APR)13/10, 08:00: 0.0019% (16.9% APR)13/10, 09:00: 0.0017% (14.9% APR)13/10, 10:00: 0.0018% (15.4% APR)13/10, 11:00: 0.0010% (8.9% APR)13/10, 12:00: 0.0010% (8.4% APR)13/10, 13:00: 0.0013% (11.1% APR)13/10, 14:00: 0.0012% (10.3% APR)13/10, 15:00: 0.0012% (10.6% APR)13/10, 16:00: 0.0006% (5.5% APR)13/10, 17:00: 0.0014% (12.6% APR)13/10, 18:00: 0.0006% (5.5% APR)13/10, 19:00: 0.0008% (7.4% APR)13/10, 20:00: 0.0013% (11.7% APR)13/10, 21:00: 0.0006% (5.5% APR)13/10, 22:00: 0.0006% (5.5% APR)13/10, 23:00: 0.0006% (5.5% APR)14/10, 00:00: 0.0006% (5.5% APR)14/10, 01:00: 0.0024% (21.2% APR)14/10, 02:00: 0.0017% (14.7% APR)14/10, 03:00: 0.0017% (14.9% APR)14/10, 04:00: 0.0006% (5.5% APR)14/10, 05:00: 0.0006% (5.5% APR)14/10, 06:00: 0.0006% (5.5% APR)14/10, 07:00: 0.0006% (5.5% APR)14/10, 08:00: 0.0013% (11.1% APR)14/10, 09:00: 0.0006% (5.5% APR)14/10, 10:00: 0.0007% (5.9% APR)14/10, 11:00: 0.0013% (11.3% APR)14/10, 12:00: 0.0019% (16.9% APR)14/10, 13:00: 0.0022% (19.1% APR)14/10, 14:00: 0.0022% (19.2% APR)14/10, 15:00: 0.0015% (12.9% APR)14/10, 16:00: 0.0018% (15.4% APR)14/10, 17:00: 0.0028% (24.9% APR)14/10, 18:00: 0.0015% (13.5% APR)14/10, 19:00: 0.0017% (14.9% APR)14/10, 20:00: 0.0007% (6.1% APR)14/10, 21:00: 0.0008% (7.4% APR)14/10, 22:00: 0.0015% (13.5% APR)14/10, 23:00: 0.0012% (10.9% APR)15/10, 00:00: 0.0006% (5.5% APR)15/10, 01:00: 0.0018% (15.6% APR)15/10, 02:00: 0.0006% (5.5% APR)15/10, 03:00: 0.0013% (11.0% APR)15/10, 04:00: 0.0007% (5.9% APR)15/10, 05:00: 0.0006% (5.5% APR)15/10, 06:00: 0.0006% (5.5% APR)15/10, 07:00: 0.0006% (5.5% APR)15/10, 08:00: 0.0016% (13.6% APR)15/10, 09:00: 0.0012% (10.7% APR)15/10, 10:00: 0.0026% (22.9% APR)15/10, 11:00: 0.0016% (14.0% APR)15/10, 12:00: 0.0010% (9.0% APR)15/10, 13:00: 0.0013% (11.7% APR)15/10, 14:00: 0.0018% (15.8% APR)15/10, 15:00: 0.0023% (20.2% APR)15/10, 16:00: 0.0011% (9.2% APR)15/10, 17:00: 0.0024% (21.0% APR)15/10, 18:00: 0.0030% (25.9% APR)15/10, 19:00: 0.0019% (16.5% APR)15/10, 20:00: 0.0018% (15.6% APR)15/10, 21:00: 0.0014% (12.5% APR)15/10, 22:00: 0.0018% (15.9% APR)15/10, 23:00: 0.0009% (8.1% APR)16/10, 00:00: 0.0006% (5.5% APR)16/10, 01:00: 0.0006% (5.5% APR)16/10, 02:00: 0.0006% (5.5% APR)16/10, 03:00: 0.0006% (5.5% APR)16/10, 04:00: 0.0006% (5.5% 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: 0.0011% (9.6% APR)16/10, 11:00: 0.0009% (7.7% APR)16/10, 12:00: 0.0017% (14.5% APR)16/10, 13:00: 0.0019% (17.0% APR)16/10, 14:00: 0.0019% (16.6% APR)16/10, 15:00: 0.0021% (18.0% APR)16/10, 16:00: 0.0015% (12.8% APR)16/10, 17:00: 0.0016% (14.1% APR)16/10, 18:00: 0.0014% (12.0% APR)16/10, 19:00: 0.0017% (14.6% APR)16/10, 20:00: 0.0022% (19.5% APR)16/10, 21:00: 0.0008% (6.7% APR)16/10, 22:00: 0.0022% (18.9% APR)16/10, 23:00: 0.0031% (26.8% APR)17/10, 00:00: 0.0036% (31.6% APR)17/10, 01:00: 0.0079% (69.5% APR)17/10, 02:00: 0.0032% (27.9% APR)17/10, 03:00: 0.0009% (7.7% APR)17/10, 04:00: 0.0011% (10.1% APR)17/10, 05:00: 0.0006% (5.5% APR)17/10, 06:00: 0.0021% (18.7% APR)17/10, 07:00: 0.0011% (9.3% APR)17/10, 08:00: 0.0006% (5.0% APR)17/10, 09:00: -0.0023% (-20.4% APR)17/10, 10:00: 0.0006% (5.5% APR)17/10, 11:00: 0.0006% (5.5% APR)17/10, 12:00: 0.0006% (5.5% APR)17/10, 13:00: -0.0077% (-67.0% APR)17/10, 14:00: -0.0020% (-17.8% APR)17/10, 15:00: 0.0015% (13.4% APR)17/10, 16:00: -0.0103% (-90.6% APR)17/10, 17:00: -0.0037% (-32.0% APR)17/10, 18:00: -0.0004% (-3.5% APR)17/10, 19:00: 0.0109% (95.2% APR)17/10, 20:00: 0.0035% (30.9% APR)17/10, 21:00: -0.0017% (-15.1% APR)17/10, 22:00: -0.0719% (-629.7% APR)17/10, 23:00: -0.0071% (-62.0% APR)18/10, 00:00: 0.0168% (147.5% APR)18/10, 01:00: 0.0063% (55.5% APR)+630% APR−630%12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct
Longs pay shortsShorts pay longs

Lighter funding by hour, 7 days

11/10, 02:00: 0.0004% (3.5% APR)11/10, 03:00: 0.0004% (3.5% APR)11/10, 04:00: -0.0012% (-10.5% APR)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: 0.0004% (3.5% APR)11/10, 14:00: 0.0004% (3.5% APR)11/10, 15:00: 0.0004% (3.5% APR)11/10, 16:00: 0.0009% (7.9% APR)11/10, 17:00: 0.0074% (64.8% APR)11/10, 18:00: 0.0004% (3.5% APR)11/10, 19:00: 0.0004% (3.5% APR)11/10, 20:00: 0.0001% (0.9% 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: 0.0004% (3.5% APR)12/10, 01:00: 0.0007% (6.1% APR)12/10, 02:00: 0.0005% (4.4% APR)12/10, 03:00: 0.0015% (13.1% APR)12/10, 04:00: 0.0012% (10.5% APR)12/10, 05:00: 0.0011% (9.6% APR)12/10, 06:00: 0.0004% (3.5% APR)12/10, 07:00: 0.0006% (5.3% APR)12/10, 08:00: 0.0027% (23.7% APR)12/10, 09:00: 0.0009% (7.9% APR)12/10, 10:00: 0.0019% (16.6% APR)12/10, 11:00: 0.0021% (18.4% APR)12/10, 12:00: 0.0023% (20.1% APR)12/10, 13:00: 0.0007% (6.1% APR)12/10, 14:00: 0.0015% (13.1% APR)12/10, 15:00: 0.0021% (18.4% APR)12/10, 16:00: 0.0016% (14.0% APR)12/10, 17:00: 0.0025% (21.9% APR)12/10, 18:00: 0.0025% (21.9% APR)12/10, 19:00: 0.0017% (14.9% APR)12/10, 20:00: 0.0017% (14.9% APR)12/10, 21:00: 0.0004% (3.5% APR)12/10, 22:00: 0.0004% (3.5% APR)12/10, 23:00: 0.0019% (16.6% APR)13/10, 00:00: 0.0011% (9.6% APR)13/10, 01:00: 0.0004% (3.5% APR)13/10, 02:00: 0.0010% (8.8% APR)13/10, 03:00: 0.0018% (15.8% APR)13/10, 04:00: 0.0025% (21.9% APR)13/10, 05:00: 0.0023% (20.1% APR)13/10, 06:00: 0.0024% (21.0% APR)13/10, 07:00: 0.0033% (28.9% APR)13/10, 08:00: 0.0036% (31.5% APR)13/10, 09:00: 0.0046% (40.3% APR)13/10, 10:00: 0.0036% (31.5% APR)13/10, 11:00: 0.0018% (15.8% APR)13/10, 12:00: 0.0015% (13.1% APR)13/10, 13:00: 0.0015% (13.1% APR)13/10, 14:00: 0.0015% (13.1% APR)13/10, 15:00: 0.0021% (18.4% APR)13/10, 16:00: 0.0018% (15.8% APR)13/10, 17:00: 0.0020% (17.5% APR)13/10, 18:00: 0.0004% (3.5% APR)13/10, 19:00: 0.0018% (15.8% APR)13/10, 20:00: 0.0018% (15.8% APR)13/10, 21:00: 0.0004% (3.5% APR)13/10, 22:00: 0.0004% (3.5% APR)13/10, 23:00: 0.0013% (11.4% APR)14/10, 00:00: 0.0004% (3.5% APR)14/10, 01:00: 0.0024% (21.0% APR)14/10, 02:00: 0.0023% (20.1% APR)14/10, 03:00: 0.0034% (29.8% APR)14/10, 04:00: 0.0009% (7.9% APR)14/10, 05:00: 0.0016% (14.0% APR)14/10, 06:00: 0.0004% (3.5% APR)14/10, 07:00: 0.0012% (10.5% APR)14/10, 08:00: 0.0025% (21.9% APR)14/10, 09:00: 0.0013% (11.4% APR)14/10, 10:00: 0.0021% (18.4% APR)14/10, 11:00: 0.0024% (21.0% APR)14/10, 12:00: 0.0014% (12.3% APR)14/10, 13:00: 0.0026% (22.8% APR)14/10, 14:00: 0.0028% (24.5% APR)14/10, 15:00: 0.0027% (23.7% APR)14/10, 16:00: 0.0031% (27.2% APR)14/10, 17:00: 0.0038% (33.3% APR)14/10, 18:00: 0.0025% (21.9% APR)14/10, 19:00: 0.0022% (19.3% APR)14/10, 20:00: 0.0015% (13.1% APR)14/10, 21:00: 0.0011% (9.6% APR)14/10, 22:00: 0.0017% (14.9% APR)14/10, 23:00: 0.0012% (10.5% APR)15/10, 00:00: 0.0004% (3.5% APR)15/10, 01:00: 0.0004% (3.5% APR)15/10, 02:00: 0.0009% (7.9% APR)15/10, 03:00: 0.0021% (18.4% APR)15/10, 04:00: 0.0016% (14.0% APR)15/10, 05:00: 0.0004% (3.5% APR)15/10, 06:00: 0.0004% (3.5% APR)15/10, 07:00: 0.0013% (11.4% APR)15/10, 08:00: 0.0032% (28.0% APR)15/10, 09:00: 0.0016% (14.0% APR)15/10, 10:00: 0.0040% (35.0% APR)15/10, 11:00: 0.0033% (28.9% APR)15/10, 12:00: 0.0028% (24.5% APR)15/10, 13:00: 0.0029% (25.4% APR)15/10, 14:00: 0.0036% (31.5% APR)15/10, 15:00: 0.0032% (28.0% APR)15/10, 16:00: 0.0017% (14.9% APR)15/10, 17:00: 0.0018% (15.8% APR)15/10, 18:00: 0.0021% (18.4% APR)15/10, 19:00: 0.0004% (3.5% APR)15/10, 20:00: 0.0004% (3.5% APR)15/10, 21:00: 0.0009% (7.9% APR)15/10, 22:00: 0.0010% (8.8% APR)15/10, 23:00: 0.0004% (3.5% APR)16/10, 00:00: 0.0004% (3.5% APR)16/10, 01:00: 0.0008% (7.0% APR)16/10, 02:00: 0.0004% (3.5% APR)16/10, 03:00: 0.0009% (7.9% APR)16/10, 04:00: 0.0020% (17.5% APR)16/10, 05:00: 0.0021% (18.4% APR)16/10, 06:00: 0.0009% (7.9% APR)16/10, 07:00: 0.0010% (8.8% APR)16/10, 08:00: 0.0004% (3.5% APR)16/10, 09:00: 0.0029% (25.4% APR)16/10, 10:00: 0.0029% (25.4% APR)16/10, 11:00: 0.0026% (22.8% APR)16/10, 12:00: 0.0032% (28.0% APR)16/10, 13:00: 0.0041% (35.9% APR)16/10, 14:00: 0.0032% (28.0% APR)16/10, 15:00: 0.0030% (26.3% APR)16/10, 16:00: 0.0023% (20.1% APR)16/10, 17:00: 0.0035% (30.7% APR)16/10, 18:00: 0.0024% (21.0% APR)16/10, 19:00: 0.0030% (26.3% APR)16/10, 20:00: 0.0031% (27.2% APR)16/10, 21:00: 0.0026% (22.8% APR)16/10, 22:00: 0.0068% (59.6% APR)16/10, 23:00: 0.0063% (55.2% APR)17/10, 00:00: 0.0062% (54.3% APR)17/10, 01:00: 0.0096% (84.1% APR)17/10, 02:00: 0.0025% (21.9% 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: -0.0008% (-7.0% 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: -0.0063% (-55.2% APR)17/10, 14:00: -0.0006% (-5.3% APR)17/10, 15:00: 0.0004% (3.5% APR)17/10, 16:00: -0.0091% (-79.7% APR)17/10, 17:00: -0.0019% (-16.6% APR)17/10, 18:00: 0.0004% (3.5% APR)17/10, 19:00: 0.0099% (86.7% APR)17/10, 20:00: 0.0016% (14.0% APR)17/10, 21:00: -0.0001% (-0.9% APR)17/10, 22:00: -0.0730% (-639.5% APR)17/10, 23:00: -0.0036% (-31.5% APR)18/10, 00:00: 0.0160% (140.2% APR)18/10, 01:00: 0.0036% (31.5% APR)+639% APR−639%12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct
Longs pay shortsShorts pay longs

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

DRAM (xyz) funding comparison: questions and answers

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

Hyperliquid: 236.4%, Lighter: 233.9%, Bybit: 202.5%, Binance: -13.0% APR. A positive rate means longs pay shorts.

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

Short DRAM (xyz) on Hyperliquid and go long the same size on Binance: the price risk is hedged, and the difference of 249.4% 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 DRAM (xyz) funding averaged on Hyperliquid and Lighter?

Hyperliquid: -20.6% over 24 hours and 5.7% over 7 days. Lighter: -21.0% over 24 hours and 10.4% over 7 days (APR).