A delta-neutral position would go long on Lighter (+28.03%) and short on Hyperliquid (+33.50%), collecting roughly 5.5% APR before fees, slippage and margin costs.
Funding is shown both as the venue quotes it and annualised, so venues on different settlement intervals line up.
| Venue | Market | Mark | Funding APR | Per hour | Next | Open interest | 24h vol | Max lev |
|---|---|---|---|---|---|---|---|---|
| xyz:GEV | $955.90 | +33.50% | +0.0038% | 1h | $427K 446.34 GEV | $12.6K | 10× | |
Sampled continuously and bucketed to four hours.
| GEV |
| $956.50 |
| +28.03% |
| +0.0032% |
| 1h |
| $1.3K 1.34 GEV |
| $106 |
| 10× |