MINIMAX funding rate on Lighter

MINIMAX (xyz) on Hyperliquid →

Price 22.505 · open interest $66.9K · funding is paid every hour

Funding now, per hour
0.0004%
3.5% APR · longs pay
Next payment
—
Lighter pays funding every hour
Binance / Bybit, APR
0.0% / 0.0%
Lighter − Binance: +3.5%
Average over 7 days, APR
3.0%
24h -25.6% · 30d 3.3%

Funding by hour, 7 days

11/10, 13:00: -0.0286% (-250.5% APR)11/10, 14:00: -0.0288% (-252.3% APR)11/10, 15:00: -0.0218% (-191.0% 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: 0.0276% (241.8% APR)11/10, 22:00: 0.0203% (177.8% APR)11/10, 23:00: 0.0370% (324.1% APR)12/10, 00:00: 0.0141% (123.5% APR)12/10, 01:00: 0.0004% (3.5% APR)12/10, 02:00: -0.0052% (-45.6% APR)12/10, 03:00: 0.0024% (21.0% APR)12/10, 04:00: 0.0023% (20.1% APR)12/10, 05:00: 0.0014% (12.3% APR)12/10, 06:00: 0.0004% (3.5% APR)12/10, 07:00: 0.0004% (3.5% APR)12/10, 08:00: 0.0021% (18.4% APR)12/10, 09:00: 0.0004% (3.5% 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: -0.0028% (-24.5% APR)12/10, 15:00: -0.0052% (-45.6% 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: 0.0004% (3.5% APR)12/10, 23:00: 0.0004% (3.5% APR)13/10, 00:00: -0.0026% (-22.8% APR)13/10, 01:00: -0.0070% (-61.3% APR)13/10, 02:00: -0.0089% (-78.0% APR)13/10, 03:00: 0.0043% (37.7% APR)13/10, 04:00: 0.0091% (79.7% APR)13/10, 05:00: 0.0004% (3.5% APR)13/10, 06:00: 0.0049% (42.9% APR)13/10, 07:00: 0.0048% (42.0% APR)13/10, 08:00: 0.0039% (34.2% 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: -0.0023% (-20.1% 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: 0.0017% (14.9% 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: 0.0004% (3.5% 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: 0.0040% (35.0% APR)14/10, 03:00: 0.0058% (50.8% APR)14/10, 04:00: 0.0028% (24.5% APR)14/10, 05:00: 0.0004% (3.5% APR)14/10, 06:00: 0.0018% (15.8% APR)14/10, 07:00: 0.0110% (96.4% APR)14/10, 08:00: 0.0098% (85.8% APR)14/10, 09:00: 0.0004% (3.5% APR)14/10, 10:00: 0.0004% (3.5% APR)14/10, 11:00: -0.0017% (-14.9% APR)14/10, 12:00: 0.0004% (3.5% APR)14/10, 13:00: -0.0034% (-29.8% APR)14/10, 14:00: -0.0122% (-106.9% APR)14/10, 15:00: -0.0001% (-0.9% APR)14/10, 16:00: 0.0004% (3.5% APR)14/10, 17:00: -0.0046% (-40.3% APR)14/10, 18:00: -0.0009% (-7.9% APR)14/10, 19:00: 0.0004% (3.5% APR)14/10, 20:00: 0.0004% (3.5% APR)14/10, 21:00: 0.0004% (3.5% APR)14/10, 22:00: 0.0004% (3.5% APR)14/10, 23:00: -0.0078% (-68.3% APR)15/10, 00:00: -0.0053% (-46.4% APR)15/10, 01:00: -0.0142% (-124.4% APR)15/10, 02:00: -0.0146% (-127.9% APR)15/10, 03:00: 0.0043% (37.7% APR)15/10, 04:00: 0.0022% (19.3% APR)15/10, 05:00: 0.0004% (3.5% APR)15/10, 06:00: 0.0051% (44.7% APR)15/10, 07:00: 0.0125% (109.5% APR)15/10, 08:00: 0.0046% (40.3% APR)15/10, 09:00: 0.0010% (8.8% APR)15/10, 10:00: 0.0004% (3.5% APR)15/10, 11:00: -0.0001% (-0.9% APR)15/10, 12:00: 0.0004% (3.5% APR)15/10, 13:00: 0.0004% (3.5% APR)15/10, 14:00: -0.0151% (-132.3% APR)15/10, 15:00: 0.0117% (102.5% APR)15/10, 16:00: 0.0069% (60.4% APR)15/10, 17:00: 0.0004% (3.5% APR)15/10, 18:00: 0.0114% (99.9% APR)15/10, 19:00: 0.0103% (90.2% APR)15/10, 20:00: 0.0190% (166.4% APR)15/10, 21:00: 0.0004% (3.5% APR)15/10, 22:00: 0.0000% (0.0% APR)15/10, 23:00: 0.0015% (13.1% APR)16/10, 00:00: -0.0019% (-16.6% APR)16/10, 01:00: -0.0091% (-79.7% APR)16/10, 02:00: 0.0284% (248.8% APR)16/10, 03:00: 0.0018% (15.8% APR)16/10, 04:00: 0.0042% (36.8% APR)16/10, 05:00: 0.0110% (96.4% APR)16/10, 06:00: 0.0007% (6.1% APR)16/10, 07:00: 0.0004% (3.5% APR)16/10, 08:00: 0.0004% (3.5% APR)16/10, 09:00: 0.0004% (3.5% APR)16/10, 10:00: 0.0004% (3.5% APR)16/10, 11:00: 0.0004% (3.5% APR)16/10, 12:00: 0.0004% (3.5% APR)16/10, 13:00: 0.0004% (3.5% APR)16/10, 14:00: 0.0004% (3.5% APR)16/10, 15:00: 0.0008% (7.0% APR)16/10, 16:00: -0.0034% (-29.8% APR)16/10, 17:00: 0.0004% (3.5% APR)16/10, 18:00: 0.0009% (7.9% APR)16/10, 19:00: 0.0002% (1.8% 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: -0.0053% (-46.4% 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: -0.0018% (-15.8% APR)17/10, 14:00: 0.0004% (3.5% APR)17/10, 15:00: 0.0004% (3.5% APR)17/10, 16:00: -0.0022% (-19.3% 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: -0.0815% (-713.9% APR)17/10, 23:00: 0.0004% (3.5% APR)18/10, 00:00: 0.0073% (63.9% 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)18/10, 05:00: 0.0004% (3.5% APR)18/10, 06:00: 0.0004% (3.5% APR)18/10, 07:00: 0.0004% (3.5% APR)18/10, 08:00: 0.0004% (3.5% APR)18/10, 09:00: 0.0004% (3.5% APR)18/10, 10:00: 0.0004% (3.5% APR)18/10, 11:00: 0.0004% (3.5% APR)18/10, 12:00: 0.0004% (3.5% APR)+714% APR−714%13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct
Longs pay shortsShorts pay longs

MINIMAX funding: questions and answers

What is the MINIMAX funding rate on Lighter now?

0.0004% per hour, or 3.5% APR: longs pay shorts; funding on Lighter is paid every hour.

How does MINIMAX funding on Lighter compare with Binance and Bybit?

Binance: 0.0% APR (paid every 8 h), Bybit: 0.0% APR. The difference between Lighter and Binance is +3.5% per year.

What has MINIMAX funding been on average?

On Lighter: -25.6% APR over 24 hours, 3.0% over 7 days and 3.3% over 30 days. Longs paid in 91% of the hours over the last 30 days.

What does high or negative MINIMAX funding mean?

High funding means the market is crowded with longs: holding a long is expensive and a fall can trigger a long squeeze. Negative funding means crowded shorts. Check who exactly is positioned and where their liquidations are on the whale positions page and the liquidation map.