Lighter HYPE perpetual
HYPE
As of 2026-09-09 12:46 UTC, HYPE on Lighter has a collected rate of -0.0040% over 8h, or -4.38% simple annualised; its collected settlement interval is 1h, with up to 20x leverage. OKX has a lower rate for longs at -6.25%.
Maintenance margin ladder
No deduction · An isolated-margin estimate for linear contracts; excludes closing fees, accrued funding, auto-added margin and other positions.
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – ∞ quote | 3.0000% | 20.00x | — |
Contract specification
Quote currency: USD · Settlement currency: USDC · Settlement interval: 1h. Lot size uses the venue’s original order unit; the calculator takes base-asset quantity.
The same asset elsewhere
| Venue | Contract | Rate period | Annualised |
|---|---|---|---|
| OKX | HYPE-USDT-SWAP | 8h | -6.25% |
| Lighter this page | HYPE | 8h | -4.38% |
| Gate | HYPE_USDT | 4h | -3.72% |
| Bybit | HYPEUSDT | 8h | -1.77% |
| Bitget | HYPEUSDT | 4h | -1.31% |
| Aster | HYPEUSDT | 4h | +3.89% |
| Binance | HYPEUSDT | 4h | +6.19% |
| Bybit | HYPEPERP | 4h | +10.95% |
| Hyperliquid | HYPE | 1h | +10.95% |
| OKX | HYPE-USD-SWAP | 8h | +10.95% |
Common questions
What is the Lighter HYPE funding rate?
The latest collected Lighter HYPE funding rate is -0.0040% over a 8h rate period, or -4.38% simple annualised. That period is used for conversion and may differ from the settlement interval. Positive means longs pay shorts; negative reverses this.
How often is funding charged on Lighter HYPE?
The collected settlement interval is 1h, normally 24 times a day. Venues can change it; confirm the next settlement time on the contract page.
What is the maximum leverage on Lighter HYPE?
The collected leverage cap for Lighter HYPE is 20x, with 1 margin tiers shown. Actual leverage also depends on position size, account settings and venue rules.
What is the maintenance margin rate on Lighter HYPE?
The first tier requires 3.0000%, and there are 1 tiers in all — a larger position requires more. This venue applies no deduction: maintenance margin = notional × the rate of the tier the position falls in.
Which venue has the lowest HYPE funding cost for longs?
For a long position, OKX currently has the lowest rate at -6.25% annualised; this page's Lighter is at -4.38%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.
Observation time and verification
This contract’s funding was observed at 2026-09-09 12:46 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. Lighter official data source · Funding methodology