Hyperliquid vs Lighter perpetual futures
Hyperliquid vs Lighter: Hyperliquid taker 0.045% / maker 0.015% fees and 1h funding; Lighter standard account 0 / 0 (API: all active markets 0 / 0); premium tiers via staked LIT fees and 1h funding. 98 assets trade on both; longs paid less funding on Hyperliquid for 7 of 98 right now.
as of 2026-10-10 14:05 UTC. source: each exchange's docs and public API, checked hourly.
rules side by side
| Hyperliquid | Lighter | |
|---|---|---|
| markets | 178 | 213 |
| funding interval | 1h | 1h |
| funding cap | 4% per hour | 0.5% per hour (4% per 8h) |
| base fees | taker 0.045% / maker 0.015% | standard account 0 / 0 (API: all active markets 0 / 0); premium tiers via staked LIT |
| max leverage | 3-40x | 3-50x |
biggest funding gaps now (annualized)
| asset | Hyperliquid | Lighter | gap |
|---|---|---|---|
| CASHCAT | +10.9% | -118.3% | +129.2% |
| S | -54.5% | +10.5% | -65.0% |
| ZRO | +10.9% | +59.6% | -48.6% |
| PEPE | +10.9% | -30.7% | +41.6% |
| XPL | +10.9% | -18.4% | +29.3% |
| ARB | +0.5% | -28.0% | +28.5% |
| GMX | +10.9% | -15.8% | +26.7% |
| JUP | -40.4% | -14.9% | -25.6% |
| LIT | +10.9% | -11.4% | +22.3% |
| SOL | +10.9% | -11.4% | +22.3% |
| AVAX | +7.5% | -14.0% | +21.5% |
| XRP | +10.9% | -8.8% | +19.7% |
| HYPE | +10.9% | -5.3% | +16.2% |
| HBAR | +10.9% | -3.5% | +14.5% |
| ASTER | +8.0% | -3.5% | +11.5% |