Platinum (PLATINUM) funding rate: Hyperliquid vs Lighter

Price 1,633.5 · 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
—
Not listed
Max spread, APR
5.5%
Short on Hyperliquid, long on Binance

Average paid funding, APR

Exchange24 hours7 days30 days
Hyperliquid2.6%8.7%9.2%
Lighter3.5%18.5%23.7%

Hyperliquid funding by hour, 7 days

11/10, 03:00: 0.0006% (5.5% APR)11/10, 04:00: 0.0006% (5.5% APR)11/10, 05:00: 0.0006% (5.5% APR)11/10, 06:00: 0.0006% (5.5% APR)11/10, 07:00: 0.0006% (5.5% APR)11/10, 08:00: 0.0017% (15.2% 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: 0.0006% (5.5% APR)11/10, 14:00: 0.0006% (5.5% APR)11/10, 15:00: 0.0006% (5.5% APR)11/10, 16:00: 0.0006% (5.5% APR)11/10, 17:00: 0.0027% (23.9% APR)11/10, 18:00: 0.0006% (5.5% APR)11/10, 19:00: -0.0018% (-15.8% APR)11/10, 20:00: 0.0006% (5.5% APR)11/10, 21:00: 0.0006% (4.9% APR)11/10, 22:00: 0.0025% (22.1% APR)11/10, 23:00: 0.0043% (38.0% APR)12/10, 00:00: 0.0030% (26.1% APR)12/10, 01:00: 0.0017% (14.9% APR)12/10, 02:00: 0.0024% (21.2% APR)12/10, 03:00: 0.0006% (5.5% APR)12/10, 04:00: 0.0006% (5.5% APR)12/10, 05:00: 0.0006% (5.5% APR)12/10, 06:00: 0.0006% (5.5% APR)12/10, 07:00: 0.0006% (5.5% APR)12/10, 08:00: 0.0006% (5.5% APR)12/10, 09:00: 0.0041% (35.6% APR)12/10, 10:00: 0.0023% (19.7% APR)12/10, 11:00: 0.0006% (5.5% APR)12/10, 12:00: 0.0006% (5.5% APR)12/10, 13:00: 0.0009% (7.5% APR)12/10, 14:00: 0.0006% (5.5% APR)12/10, 15:00: 0.0006% (5.5% APR)12/10, 16:00: 0.0006% (5.5% APR)12/10, 17:00: 0.0006% (5.5% 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: -0.0000% (-0.1% APR)12/10, 22:00: 0.0006% (5.5% APR)12/10, 23:00: 0.0005% (4.2% 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: 0.0022% (19.5% 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: 0.0009% (7.6% APR)13/10, 09:00: 0.0006% (5.5% APR)13/10, 10:00: 0.0006% (5.5% APR)13/10, 11:00: 0.0006% (5.5% APR)13/10, 12:00: 0.0006% (5.5% APR)13/10, 13:00: 0.0006% (5.5% APR)13/10, 14:00: 0.0006% (5.5% APR)13/10, 15:00: 0.0009% (7.9% APR)13/10, 16:00: 0.0006% (5.5% APR)13/10, 17:00: 0.0006% (5.5% APR)13/10, 18:00: 0.0022% (19.3% APR)13/10, 19:00: 0.0017% (14.6% APR)13/10, 20:00: 0.0014% (12.2% APR)13/10, 21:00: 0.0006% (5.5% APR)13/10, 22:00: 0.0027% (23.4% APR)13/10, 23:00: 0.0006% (5.5% APR)14/10, 00:00: 0.0012% (10.2% APR)14/10, 01:00: 0.0006% (5.5% APR)14/10, 02:00: 0.0010% (8.4% APR)14/10, 03:00: 0.0015% (13.5% APR)14/10, 04:00: 0.0033% (29.1% APR)14/10, 05:00: 0.0006% (5.5% APR)14/10, 06:00: 0.0009% (7.6% APR)14/10, 07:00: 0.0006% (5.5% APR)14/10, 08:00: 0.0006% (5.5% APR)14/10, 09:00: 0.0011% (9.2% APR)14/10, 10:00: 0.0028% (24.1% APR)14/10, 11:00: 0.0019% (17.1% 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: 0.0027% (23.8% APR)14/10, 16:00: 0.0008% (6.8% APR)14/10, 17:00: 0.0007% (5.9% APR)14/10, 18:00: 0.0017% (14.9% APR)14/10, 19:00: 0.0015% (13.5% APR)14/10, 20:00: 0.0033% (29.0% APR)14/10, 21:00: 0.0012% (10.8% APR)14/10, 22:00: 0.0014% (12.4% APR)14/10, 23:00: 0.0027% (23.9% APR)15/10, 00:00: 0.0042% (36.8% APR)15/10, 01:00: 0.0049% (42.5% APR)15/10, 02:00: 0.0006% (5.5% APR)15/10, 03:00: 0.0006% (5.5% APR)15/10, 04:00: 0.0006% (5.5% 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: 0.0019% (16.3% APR)15/10, 09:00: 0.0023% (19.8% APR)15/10, 10:00: 0.0006% (5.5% APR)15/10, 11:00: 0.0006% (5.5% APR)15/10, 12:00: 0.0006% (5.5% APR)15/10, 13:00: 0.0024% (20.9% APR)15/10, 14:00: 0.0037% (32.0% APR)15/10, 15:00: 0.0006% (5.5% APR)15/10, 16:00: 0.0016% (14.4% APR)15/10, 17:00: 0.0018% (15.5% APR)15/10, 18:00: 0.0006% (5.5% APR)15/10, 19:00: 0.0025% (21.5% APR)15/10, 20:00: 0.0007% (6.6% APR)15/10, 21:00: 0.0006% (5.5% APR)15/10, 22:00: 0.0006% (5.6% APR)15/10, 23:00: 0.0006% (5.5% APR)16/10, 00:00: 0.0006% (5.5% APR)16/10, 01:00: 0.0020% (17.3% 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: 0.0024% (21.1% 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: 0.0006% (5.5% APR)16/10, 12:00: 0.0006% (5.5% APR)16/10, 13:00: 0.0006% (5.5% APR)16/10, 14:00: 0.0006% (5.5% APR)16/10, 15:00: 0.0006% (5.5% APR)16/10, 16:00: 0.0006% (5.5% APR)16/10, 17:00: -0.0011% (-9.7% 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: -0.0008% (-7.3% APR)16/10, 22:00: 0.0006% (5.5% APR)16/10, 23:00: 0.0006% (5.5% APR)17/10, 00:00: 0.0005% (4.8% APR)17/10, 01:00: 0.0006% (5.5% APR)17/10, 02:00: 0.0006% (5.5% APR)17/10, 03:00: -0.0023% (-19.9% APR)17/10, 04:00: 0.0006% (5.5% APR)17/10, 05:00: 0.0008% (7.1% APR)17/10, 06:00: 0.0006% (5.5% APR)17/10, 07:00: 0.0006% (5.5% APR)17/10, 08:00: 0.0006% (5.5% APR)17/10, 09:00: 0.0006% (5.0% 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: 0.0003% (2.7% APR)17/10, 14:00: -0.0006% (-5.1% APR)17/10, 15:00: 0.0006% (5.5% APR)+43% APR−43%12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct
Longs pay shortsShorts pay longs

Lighter funding by hour, 7 days

11/10, 03:00: 0.0004% (3.5% APR)11/10, 04:00: 0.0004% (3.5% 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: 0.0004% (3.5% APR)11/10, 17:00: 0.0004% (3.5% APR)11/10, 18:00: 0.0004% (3.5% APR)11/10, 19:00: 0.0004% (3.5% APR)11/10, 20:00: 0.0004% (3.5% APR)11/10, 21:00: 0.0004% (3.5% APR)11/10, 22:00: 0.0004% (3.5% APR)11/10, 23:00: 0.0063% (55.2% APR)12/10, 00:00: 0.0049% (42.9% APR)12/10, 01:00: 0.0043% (37.7% APR)12/10, 02:00: 0.0060% (52.6% APR)12/10, 03:00: 0.0027% (23.7% APR)12/10, 04:00: 0.0021% (18.4% APR)12/10, 05:00: 0.0004% (3.5% APR)12/10, 06:00: 0.0019% (16.6% APR)12/10, 07:00: 0.0018% (15.8% APR)12/10, 08:00: 0.0038% (33.3% APR)12/10, 09:00: 0.0059% (51.7% APR)12/10, 10:00: 0.0062% (54.3% APR)12/10, 11:00: 0.0056% (49.1% APR)12/10, 12:00: 0.0053% (46.4% APR)12/10, 13:00: 0.0046% (40.3% APR)12/10, 14:00: 0.0026% (22.8% APR)12/10, 15:00: 0.0024% (21.0% APR)12/10, 16:00: 0.0004% (3.5% APR)12/10, 17:00: 0.0007% (6.1% APR)12/10, 18:00: 0.0004% (3.5% APR)12/10, 19:00: 0.0005% (4.4% 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: 0.0010% (8.8% APR)13/10, 01:00: 0.0023% (20.1% APR)13/10, 02:00: 0.0006% (5.3% APR)13/10, 03:00: 0.0040% (35.0% APR)13/10, 04:00: 0.0016% (14.0% APR)13/10, 05:00: 0.0007% (6.1% APR)13/10, 06:00: 0.0004% (3.5% APR)13/10, 07:00: 0.0007% (6.1% APR)13/10, 08:00: 0.0025% (21.9% APR)13/10, 09:00: 0.0049% (42.9% APR)13/10, 10:00: 0.0032% (28.0% APR)13/10, 11:00: 0.0020% (17.5% APR)13/10, 12:00: 0.0016% (14.0% APR)13/10, 13:00: 0.0015% (13.1% APR)13/10, 14:00: 0.0004% (3.5% APR)13/10, 15:00: 0.0009% (7.9% APR)13/10, 16:00: 0.0020% (17.5% APR)13/10, 17:00: 0.0032% (28.0% APR)13/10, 18:00: 0.0045% (39.4% APR)13/10, 19:00: 0.0039% (34.2% APR)13/10, 20:00: 0.0040% (35.0% APR)13/10, 21:00: 0.0023% (20.1% APR)13/10, 22:00: 0.0004% (3.5% APR)13/10, 23:00: 0.0021% (18.4% APR)14/10, 00:00: 0.0042% (36.8% APR)14/10, 01:00: 0.0024% (21.0% APR)14/10, 02:00: 0.0032% (28.0% APR)14/10, 03:00: 0.0039% (34.2% APR)14/10, 04:00: 0.0059% (51.7% APR)14/10, 05:00: 0.0028% (24.5% APR)14/10, 06:00: 0.0048% (42.0% APR)14/10, 07:00: 0.0014% (12.3% APR)14/10, 08:00: 0.0007% (6.1% APR)14/10, 09:00: 0.0029% (25.4% APR)14/10, 10:00: 0.0048% (42.0% APR)14/10, 11:00: 0.0060% (52.6% APR)14/10, 12:00: 0.0036% (31.5% APR)14/10, 13:00: 0.0018% (15.8% APR)14/10, 14:00: 0.0023% (20.1% APR)14/10, 15:00: 0.0052% (45.6% APR)14/10, 16:00: 0.0025% (21.9% APR)14/10, 17:00: 0.0022% (19.3% APR)14/10, 18:00: 0.0041% (35.9% APR)14/10, 19:00: 0.0039% (34.2% APR)14/10, 20:00: 0.0049% (42.9% APR)14/10, 21:00: 0.0017% (14.9% APR)14/10, 22:00: 0.0004% (3.5% APR)14/10, 23:00: 0.0038% (33.3% APR)15/10, 00:00: 0.0072% (63.1% APR)15/10, 01:00: 0.0076% (66.6% APR)15/10, 02:00: 0.0015% (13.1% APR)15/10, 03:00: 0.0004% (3.5% APR)15/10, 04:00: 0.0004% (3.5% APR)15/10, 05:00: 0.0029% (25.4% APR)15/10, 06:00: 0.0018% (15.8% APR)15/10, 07:00: 0.0029% (25.4% APR)15/10, 08:00: 0.0048% (42.0% APR)15/10, 09:00: 0.0053% (46.4% APR)15/10, 10:00: 0.0018% (15.8% APR)15/10, 11:00: 0.0004% (3.5% APR)15/10, 12:00: 0.0004% (3.5% APR)15/10, 13:00: 0.0041% (35.9% APR)15/10, 14:00: 0.0063% (55.2% APR)15/10, 15:00: 0.0035% (30.7% APR)15/10, 16:00: 0.0043% (37.7% APR)15/10, 17:00: 0.0047% (41.2% APR)15/10, 18:00: 0.0016% (14.0% APR)15/10, 19:00: 0.0062% (54.3% APR)15/10, 20:00: 0.0053% (46.4% APR)15/10, 21:00: 0.0032% (28.0% APR)15/10, 22:00: 0.0004% (3.5% APR)15/10, 23:00: 0.0021% (18.4% APR)16/10, 00:00: 0.0014% (12.3% APR)16/10, 01:00: 0.0056% (49.1% APR)16/10, 02:00: 0.0024% (21.0% APR)16/10, 03:00: 0.0012% (10.5% APR)16/10, 04:00: 0.0038% (33.3% APR)16/10, 05:00: 0.0020% (17.5% APR)16/10, 06:00: 0.0011% (9.6% APR)16/10, 07:00: 0.0071% (62.2% APR)16/10, 08:00: 0.0056% (49.1% APR)16/10, 09:00: 0.0047% (41.2% APR)16/10, 10:00: 0.0021% (18.4% APR)16/10, 11:00: 0.0004% (3.5% APR)16/10, 12:00: 0.0020% (17.5% APR)16/10, 13:00: 0.0004% (3.5% APR)16/10, 14:00: 0.0023% (20.1% APR)16/10, 15:00: 0.0029% (25.4% APR)16/10, 16:00: 0.0063% (55.2% APR)16/10, 17:00: 0.0004% (3.5% APR)16/10, 18:00: 0.0004% (3.5% APR)16/10, 19:00: 0.0018% (15.8% APR)16/10, 20:00: 0.0004% (3.5% APR)16/10, 21:00: 0.0004% (3.5% APR)16/10, 22:00: 0.0004% (3.5% APR)16/10, 23:00: 0.0004% (3.5% 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: 0.0004% (3.5% 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)+67% APR−67%12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct
Longs pay shortsShorts pay longs

PLATINUM (xyz) funding comparison: questions and answers

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

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

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

Short PLATINUM (xyz) on Hyperliquid and go long the same size on Binance: the price risk is hedged, and the difference of 5.5% 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 PLATINUM (xyz) funding averaged on Hyperliquid and Lighter?

Hyperliquid: 2.6% over 24 hours and 8.7% over 7 days. Lighter: 3.5% over 24 hours and 18.5% over 7 days (APR).