HYPE funding rate on Lighter
Over the last 30 days, HYPE funding on Lighter averaged +7.1% APR and stayed positive 87.1% of the time, ranging from -29.2% to +10.9%. Right now it pays shorts pay longs at -8.8% APR, settled every 1h across 26 venues we track. The most reliable delta-neutral pairing for HYPE right now is long Hibachi / short Variational at +12.0% net APR (low risk, ~0.3d to break even).
HYPE funding history on Lighterlast 30d
- Backtested (30d)
- +12.9%
- Stability
- 87.7%
- Risk
- low
- Breakeven
- ~0.6d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
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How HYPE funding compares across venues
| Exchange | Funding APR |
|---|---|
| n1xyz | +19.27% |
| Phoenix | +14.02% |
| Extended | +11.39% |
| Katana | +11.11% |
| Hyperliquid | +10.95% |
| Ondo | +10.95% |
| Polymarket | +10.95% |
| Pacifica | +10.95% |
| Variational | +10.95% |
| Arcus | +10.95% |
| PopDEX | +10.95% |
| SoDEX | +10.95% |
| Bulk | +10.95% |
| Grvt | +10.95% |
| TxFlow | +10.68% |
| Aster | +8.77% |
| Nado | +4.55% |
| Paradex | +1.62% |
| dYdX | +0.32% |
| Perpl | +0.00% |
| Lighter RH | +0.00% |
| Hibachi | -1.31% |
| Decibel | -2.63% |
| RiseX | -4.11% |
| Lighter | -8.76% |
| Kraken | -12.51% |
Frequently asked
What is the current HYPE funding rate on Lighter?
HYPE on Lighter is funding at -8.76% APR (-0.0010% every 1h), paid shorts pay longs, as of 2026-10-28 08:46 UTC.
How often does Lighter pay funding on HYPE?
Every 1 hour.
How do I earn HYPE funding without price risk?
Open a delta-neutral position: long Lighter and short Phoenix, currently 22.1% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.