# Hyperliquid vs Lighter Funding Rates: 94 Coins Compared

As of 2026-10-03 17:32 UTC, Hyperliquid and Lighter share 94 liquid perpetual markets. Hyperliquid has the higher funding rate on 75 of them (80%), and the average gap is 0.0133% per 8 hours (14.52% APR). The widest gap is CASHCAT at 0.2796% per 8 hours (306.16% APR): short on Lighter and long on Hyperliquid.

| Coin | Hyperliquid per 8h | Lighter per 8h | Gap per 8h | Funding arbitrage |
| --- | --- | --- | --- | --- |
| [CASHCAT](https://arbtide.com/funding-rates/cashcat) | 0.0100% | 0.2896% | 0.2796% | Short Lighter, long Hyperliquid |
| [2Z](https://arbtide.com/funding-rates/2z) | -0.2558% | 0.0096% | 0.2654% | Short Lighter, long Hyperliquid |
| [USELESS](https://arbtide.com/funding-rates/useless) | 0.0100% | 0.1080% | 0.0980% | Short Lighter, long Hyperliquid |
| [XMR](https://arbtide.com/funding-rates/xmr) | 0.0803% | 0.0096% | 0.0707% | Short Hyperliquid, long Lighter |
| [AZTEC](https://arbtide.com/funding-rates/aztec) | 0.0107% | 0.0632% | 0.0525% | Short Lighter, long Hyperliquid |
| [FARTCOIN](https://arbtide.com/funding-rates/fartcoin) | 0.0100% | 0.0568% | 0.0468% | Short Lighter, long Hyperliquid |
| [SYRUP](https://arbtide.com/funding-rates/syrup) | 0.0515% | 0.0096% | 0.0419% | Short Hyperliquid, long Lighter |
| [MORPHO](https://arbtide.com/funding-rates/morpho) | 0.0100% | 0.0456% | 0.0356% | Short Lighter, long Hyperliquid |
| [PUMP](https://arbtide.com/funding-rates/pump) | 0.0100% | 0.0432% | 0.0332% | Short Lighter, long Hyperliquid |
| [S](https://arbtide.com/funding-rates/s) | -0.0215% | 0.0096% | 0.0311% | Short Lighter, long Hyperliquid |
| [PONS](https://arbtide.com/funding-rates/pons) | 0.0699% | 0.0952% | 0.0253% | Short Lighter, long Hyperliquid |
| [STBL](https://arbtide.com/funding-rates/stbl) | 0.0348% | 0.0096% | 0.0252% | Short Hyperliquid, long Lighter |
| [MEGA](https://arbtide.com/funding-rates/mega) | 0.0100% | 0.0312% | 0.0212% | Short Lighter, long Hyperliquid |
| [LINK](https://arbtide.com/funding-rates/link) | -0.0106% | 0.0096% | 0.0202% | Short Lighter, long Hyperliquid |
| [ZEC](https://arbtide.com/funding-rates/zec) | 0.0100% | 0.0288% | 0.0188% | Short Lighter, long Hyperliquid |
| [SPX](https://arbtide.com/funding-rates/spx) | 0.0283% | 0.0096% | 0.0187% | Short Hyperliquid, long Lighter |
| [STABLE](https://arbtide.com/funding-rates/stable) | 0.0254% | 0.0096% | 0.0158% | Short Hyperliquid, long Lighter |
| [PAXG](https://arbtide.com/funding-rates/paxg) | 0.0075% | -0.0080% | 0.0155% | Short Hyperliquid, long Lighter |
| [APT](https://arbtide.com/funding-rates/apt) | 0.0100% | -0.0032% | 0.0132% | Short Hyperliquid, long Lighter |
| [TRX](https://arbtide.com/funding-rates/trx) | -0.0052% | 0.0072% | 0.0124% | Short Lighter, long Hyperliquid |
| [CC](https://arbtide.com/funding-rates/cc) | 0.0236% | 0.0112% | 0.0124% | Short Hyperliquid, long Lighter |
| [ETH](https://arbtide.com/funding-rates/eth) | 0.0100% | -0.0016% | 0.0116% | Short Hyperliquid, long Lighter |
| [LIT](https://arbtide.com/funding-rates/lit) | -0.0010% | 0.0096% | 0.0106% | Short Lighter, long Hyperliquid |
| [ADA](https://arbtide.com/funding-rates/ada) | -0.0098% | -0.0192% | 0.0094% | Short Hyperliquid, long Lighter |
| [HBAR](https://arbtide.com/funding-rates/hbar) | 0.0100% | 0.0032% | 0.0068% | Short Hyperliquid, long Lighter |
| [WLD](https://arbtide.com/funding-rates/wld) | 0.0100% | 0.0152% | 0.0052% | Short Lighter, long Hyperliquid |
| [GRASS](https://arbtide.com/funding-rates/grass) | 0.0947% | 0.0896% | 0.0051% | Short Hyperliquid, long Lighter |
| [SKY](https://arbtide.com/funding-rates/sky) | 0.0143% | 0.0096% | 0.0047% | Short Hyperliquid, long Lighter |
| [ARB](https://arbtide.com/funding-rates/arb) | 0.0100% | 0.0064% | 0.0036% | Short Hyperliquid, long Lighter |
| [BTC](https://arbtide.com/funding-rates/btc) | 0.0062% | 0.0096% | 0.0034% | Short Lighter, long Hyperliquid |
| [TRUMP](https://arbtide.com/funding-rates/trump) | 0.0069% | 0.0096% | 0.0027% | Short Lighter, long Hyperliquid |
| [ZRO](https://arbtide.com/funding-rates/zro) | 0.0785% | 0.0760% | 0.0025% | Short Hyperliquid, long Lighter |
| [SOL](https://arbtide.com/funding-rates/sol) | 0.0047% | 0.0024% | 0.0023% | Short Hyperliquid, long Lighter |
| [GRAM](https://arbtide.com/funding-rates/gram) | 0.0084% | 0.0096% | 0.0012% | Short Lighter, long Hyperliquid |
| [STRK](https://arbtide.com/funding-rates/strk) | 0.0116% | 0.0120% | 0.0004% | Short Lighter, long Hyperliquid |
| [AAVE](https://arbtide.com/funding-rates/aave) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [UNI](https://arbtide.com/funding-rates/uni) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [XRP](https://arbtide.com/funding-rates/xrp) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [AVAX](https://arbtide.com/funding-rates/avax) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [DOGE](https://arbtide.com/funding-rates/doge) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [HYPE](https://arbtide.com/funding-rates/hype) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [LTC](https://arbtide.com/funding-rates/ltc) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [NEAR](https://arbtide.com/funding-rates/near) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [SUI](https://arbtide.com/funding-rates/sui) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [BNB](https://arbtide.com/funding-rates/bnb) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [CRV](https://arbtide.com/funding-rates/crv) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [DOT](https://arbtide.com/funding-rates/dot) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [ENA](https://arbtide.com/funding-rates/ena) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [TAO](https://arbtide.com/funding-rates/tao) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [BCH](https://arbtide.com/funding-rates/bch) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [FIL](https://arbtide.com/funding-rates/fil) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [JUP](https://arbtide.com/funding-rates/jup) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [XPL](https://arbtide.com/funding-rates/xpl) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [LDO](https://arbtide.com/funding-rates/ldo) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [ONDO](https://arbtide.com/funding-rates/ondo) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [TIA](https://arbtide.com/funding-rates/tia) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [WIF](https://arbtide.com/funding-rates/wif) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [XLM](https://arbtide.com/funding-rates/xlm) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [ASTER](https://arbtide.com/funding-rates/aster) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [ICP](https://arbtide.com/funding-rates/icp) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [JTO](https://arbtide.com/funding-rates/jto) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [KAITO](https://arbtide.com/funding-rates/kaito) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [OP](https://arbtide.com/funding-rates/op) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [SEI](https://arbtide.com/funding-rates/sei) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [ETHFI](https://arbtide.com/funding-rates/ethfi) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [PENDLE](https://arbtide.com/funding-rates/pendle) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [PENGU](https://arbtide.com/funding-rates/pengu) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [POL](https://arbtide.com/funding-rates/pol) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [PYTH](https://arbtide.com/funding-rates/pyth) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [AXS](https://arbtide.com/funding-rates/axs) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [DYDX](https://arbtide.com/funding-rates/dydx) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [VIRTUAL](https://arbtide.com/funding-rates/virtual) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [EIGEN](https://arbtide.com/funding-rates/eigen) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [ZORA](https://arbtide.com/funding-rates/zora) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [MON](https://arbtide.com/funding-rates/mon) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [VVV](https://arbtide.com/funding-rates/vvv) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [AVNT](https://arbtide.com/funding-rates/avnt) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [BERA](https://arbtide.com/funding-rates/bera) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [CHIP](https://arbtide.com/funding-rates/chip) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [DASH](https://arbtide.com/funding-rates/dash) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [NOT](https://arbtide.com/funding-rates/not) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [ZK](https://arbtide.com/funding-rates/zk) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [AERO](https://arbtide.com/funding-rates/aero) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [POPCAT](https://arbtide.com/funding-rates/popcat) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [LINEA](https://arbtide.com/funding-rates/linea) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [PROVE](https://arbtide.com/funding-rates/prove) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [BIO](https://arbtide.com/funding-rates/bio) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [SKR](https://arbtide.com/funding-rates/skr) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [0G](https://arbtide.com/funding-rates/0g) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [MET](https://arbtide.com/funding-rates/met) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [GMX](https://arbtide.com/funding-rates/gmx) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [MNT](https://arbtide.com/funding-rates/mnt) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [APEX](https://arbtide.com/funding-rates/apex) | 0.0100% | 0.0096% | 0.0004% | Short Hyperliquid, long Lighter |
| [WLFI](https://arbtide.com/funding-rates/wlfi) | -0.0328% | -0.0328% | 0.0000% | Short Hyperliquid, long Lighter |

## Frequently asked questions

### Which has higher funding rates, Hyperliquid or Lighter?

Right now Hyperliquid has the higher funding rate on 75 of 94 shared coins.

### How often do Hyperliquid and Lighter pay funding?

On shared markets, Hyperliquid pays every 1 hours and Lighter every 8 hours, depending on the contract. Rates on this page are annualized so they compare directly.

### Can I arbitrage funding between Hyperliquid and Lighter?

Yes, by going long where funding is lower and short where it is higher. The largest gap right now is CASHCAT at 0.2796% per 8 hours (306.16% APR) before fees.