Hyperliquid Funding Rates (Live, Hourly and APR)
Live funding for every Hyperliquid perpetual, native crypto and HIP-3 stock, index and commodity markets, shown as the hourly rate Hyperliquid actually pays and as APR. Below: the highest and lowest rates, the biggest gaps against Binance and Bybit for the same coin, and HIP-3 funding by deployer. Positive funding means longs pay shorts. For a side-by-side view of every market against Binance and Bybit, see the Hyperliquid overview.
Of 140 liquid Hyperliquid perps (at least $1M 24h volume), 118 pay positive funding (longs pay shorts) and 22 negative; the median is 0.00063% per hour (5.5% APR). The highest is XMR at 0.08773%/h (768.5% APR) and the lowest is xyz:UNITREE at -0.13197%/h (-1156.0% APR). BTC pays 0.00089% per hour on Hyperliquid (7.8% APR) against 8.6% APR on Binance, a gap of -0.8% APR; the widest liquid gap is XMR at 658.3% APR versus Binance. Across 170 HIP-3 markets the median is 0.00063% per hour, below the 0.00125%/h baseline that native perps pay when balanced.
Global summaries: headline statistics, rankings and FAQ cover all Hyperliquid markets, regardless of the table filters below.
Highest Hyperliquid funding
≥ $1M 24h volume| Market | Per hour | APR | Open interest |
|---|---|---|---|
| XMR | 0.08773% | 768.5% | $69.72M |
| NATGAStrade.xyz | 0.03744% | 328.0% | $16.21M |
| BBtrade.xyz | 0.02778% | 243.4% | $3.59M |
| TTWOParagon | 0.02555% | 223.8% | $1.59M |
| PRLEntropyIO | 0.01343% | 117.6% | $3.74M |
| CXMTtrade.xyz | 0.01195% | 104.7% | $17.52M |
| KIOXIAtrade.xyz | 0.01029% | 90.2% | $3.45M |
| IBMtrade.xyz | 0.00951% | 83.3% | $8.52M |
| NVDAEntropyIO | 0.00819% | 71.8% | $2.93M |
| IRENtrade.xyz | 0.00685% | 60.0% | $2.34M |
| NVDAtrade.xyz | 0.00630% | 55.2% | $265.22M |
| NBISEntropyIO | 0.00543% | 47.5% | $3.63M |
| SNXXtrade.xyz | 0.00521% | 45.7% | $2.41M |
| SMSNtrade.xyz | 0.00506% | 44.4% | $24.10M |
| USARtrade.xyz | 0.00420% | 36.8% | $849K |
Lowest Hyperliquid funding
≥ $1M 24h volume| Market | Per hour | APR | Open interest |
|---|---|---|---|
| UNITREEtrade.xyz | -0.13197% | -1156.0% | $16.85M |
| UNITREEParagon | -0.10819% | -947.7% | $1.19M |
| INIT | -0.10254% | -898.2% | $745K |
| GIGADEVtrade.xyz | -0.07303% | -639.8% | $693K |
| INJ | -0.00976% | -85.5% | $3.35M |
| BRENTOILtrade.xyz | -0.00730% | -63.9% | $147.68M |
| CLtrade.xyz | -0.00465% | -40.7% | $68.30M |
| CC | -0.00290% | -25.4% | $2.56M |
| LIT | -0.00246% | -21.6% | $56.41M |
| SKHXtrade.xyz | -0.00238% | -20.8% | $155.60M |
| JPYtrade.xyz | -0.00224% | -19.6% | $16.96M |
| PEPE | -0.00188% | -16.5% | $23.62M |
| SOFTBANKtrade.xyz | -0.00165% | -14.4% | $627K |
| DOT | -0.00151% | -13.2% | $2.86M |
| AVAX | -0.00138% | -12.1% | $11.99M |
Hyperliquid vs Binance & Bybit: biggest funding gaps
Funding arbitrage →| Market | HL per hour | HL APR | vs | CEX APR | HL − CEX | HL vol 24h |
|---|---|---|---|---|---|---|
| XMR | 0.08773% | 768.5% | Binance | 110.2% | 658.3% | $24.67M |
| INIT | -0.10254% | -898.2% | Binance | -607.7% | -290.5% | $16.26M |
| TTWOParagon | 0.02555% | 223.8% | Bybit | 0.6% | 223.2% | $1.20M |
| UNITREEParagon | -0.10819% | -947.7% | Bybit | -1094.9% | 147.2% | $3.53M |
| INJ | -0.00976% | -85.5% | Binance | -22.8% | -62.7% | $3.99M |
| UNITREEtrade.xyz | -0.13197% | -1156.0% | Bybit | -1094.9% | -61.1% | $31.07M |
| IRENtrade.xyz | 0.00685% | 60.0% | Bybit | 6.2% | 53.8% | $6.42M |
| SNXXtrade.xyz | 0.00521% | 45.7% | Bybit | 0.0% | 45.7% | $20.43M |
| CC | -0.00290% | -25.4% | Binance | 11.0% | -36.4% | $2.25M |
| LIT | -0.00246% | -21.6% | Binance | 11.0% | -32.5% | $23.07M |
| NBISEntropyIO | 0.00543% | 47.5% | Bybit | 15.1% | 32.5% | $4.70M |
| NVDAtrade.xyz | 0.00630% | 55.2% | Bybit | 83.8% | -28.6% | $1.11B |
| JUP | 0.00125% | 11.0% | Binance | -14.4% | 25.3% | $2.89M |
| MSTRtrade.xyz | 0.00290% | 25.4% | Bybit | 0.7% | 24.8% | $22.68M |
| AAPLtrade.xyz | -0.00077% | -6.8% | Bybit | -29.5% | 22.8% | $33.52M |
| DRAMEntropyIO | 0.00249% | 21.8% | Bybit | 0.0% | 21.8% | $2.56M |
| WLD | 0.00090% | 7.9% | Binance | -12.7% | 20.6% | $9.33M |
| ARB | 0.00012% | 1.0% | Binance | -18.3% | 19.3% | $6.37M |
| XLM | 0.00125% | 11.0% | Binance | -7.3% | 18.2% | $1.94M |
| LITEtrade.xyz | 0.00063% | 5.5% | Bybit | 22.0% | -16.5% | $10.50M |
Both legs need at least $1M of 24h volume. Hyperliquid pays hourly and most Binance/Bybit perps every 8 hours, so the gap is compared as APR.
HIP-3 funding by deployer
Stock perps →| Deployer (dex) | Markets | Median per hour | Median APR | ▲ / ▼ | Open interest | Largest market |
|---|---|---|---|---|---|---|
| trade.xyz xyz | 121 | 0.00063% | 5.5% | 97 / 23 | $2.21B | NVDA 0.00630%/h |
| EntropyIO io | 15 | 0.00162% | 14.2% | 13 / 2 | $117.82M | ANTH -0.00008%/h |
| Paragon para | 33 | 0.00075% | 6.6% | 22 / 11 | $8.42M | TTWO 0.02555%/h |
| Markets by Kinetiq mkts | 1 | 0.09697% | 849.4% | 1 / 0 | $94K | BVIV 0.09697%/h |
Native Hyperliquid perps pay a 0.00125% per hour baseline when balanced. HIP-3 deployers can scale funding for their markets, so their medians can sit below it.
Every Hyperliquid perp by funding
256 markets · highest APR firstShowing 256 of 349 markets · All markets · at least $100K 24h volume. 93 excluded by scope or volume. Unavailable funding rates appear last.
| Market | Per hour | APR | 8h equiv. | Binance APR | Bybit APR | Open interest | Vol 24h | Trade |
|---|---|---|---|---|---|---|---|---|
| XMR | 0.08773% | 768.5% | 0.7018% | 110.2% | 29.9% | $69.72M | $24.67M | Trade |
| NCLDtrade.xyz | 0.06630% | 580.7% | 0.5304% | — | 0.0% | $137K | $169K | Trade |
| CIFRParagon | 0.06377% | 558.6% | 0.5102% | — | 0.0% | $106K | $245K | Trade |
| NATGAStrade.xyz | 0.03744% | 328.0% | 0.2996% | — | — | $16.21M | $38.38M | Trade |
| BOTtrade.xyz | 0.03549% | 310.9% | 0.2839% | — | 0.0% | $839K | $407K | Trade |
| BBtrade.xyz | 0.02778% | 243.4% | 0.2222% | — | — | $3.59M | $3.00M | Trade |
| TTWOParagon | 0.02555% | 223.8% | 0.2044% | — | 0.6% | $1.59M | $1.20M | Trade |
| SHAZtrade.xyz | 0.02384% | 208.8% | 0.1907% | — | 149.3% | $801K | $773K | Trade |
| HYUNDAItrade.xyz | 0.01741% | 152.5% | 0.1392% | — | 150.2% | $700K | $357K | Trade |
| PRLEntropyIO | 0.01343% | 117.6% | 0.1074% | — | — | $3.74M | $2.22M | Trade |
| CXMTtrade.xyz | 0.01195% | 104.7% | 0.0956% | — | 164.1% | $17.52M | $19.93M | Trade |
| GPROEntropyIO | 0.01154% | 101.1% | 0.0924% | — | 50.2% | $34K | $205K | Trade |
| TTWOtrade.xyz | 0.01052% | 92.1% | 0.0842% | — | 0.6% | $365K | $535K | Trade |
| KIOXIAtrade.xyz | 0.01029% | 90.2% | 0.0824% | — | — | $3.45M | $12.16M | Trade |
| ZMtrade.xyz | 0.00995% | 87.1% | 0.0796% | — | 0.0% | $194K | $145K | Trade |
| URNMtrade.xyz | 0.00952% | 83.4% | 0.0762% | — | 0.0% | $651K | $208K | Trade |
| IBMtrade.xyz | 0.00951% | 83.3% | 0.0761% | — | 0.0% | $8.52M | $3.27M | Trade |
| NVDAEntropyIO | 0.00819% | 71.8% | 0.0656% | — | 83.8% | $2.93M | $27.42M | Trade |
| BXtrade.xyz | 0.00817% | 71.6% | 0.0654% | — | 12.0% | $258K | $223K | Trade |
| IRENtrade.xyz | 0.00685% | 60.0% | 0.0548% | — | 6.2% | $2.34M | $6.42M | Trade |
| NVDAtrade.xyz | 0.00630% | 55.2% | 0.0504% | — | 83.8% | $265.22M | $1.11B | Trade |
| TLTtrade.xyz | 0.00596% | 52.2% | 0.0477% | — | 0.0% | $3.40M | $827K | Trade |
| NBISEntropyIO | 0.00543% | 47.5% | 0.0434% | — | 15.1% | $3.63M | $4.70M | Trade |
| SNXXtrade.xyz | 0.00521% | 45.7% | 0.0417% | — | 0.0% | $2.41M | $20.43M | Trade |
| SMSNtrade.xyz | 0.00506% | 44.4% | 0.0405% | — | — | $24.10M | $55.82M | Trade |
| SMCIParagon | 0.00498% | 43.6% | 0.0398% | — | 0.0% | $132K | $119K | Trade |
| EWJtrade.xyz | 0.00493% | 43.2% | 0.0394% | — | 0.0% | $698K | $884K | Trade |
| XLEtrade.xyz | 0.00458% | 40.1% | 0.0366% | — | 0.0% | $692K | $595K | Trade |
| USARtrade.xyz | 0.00420% | 36.8% | 0.0336% | — | 0.0% | $849K | $1.86M | Trade |
| LLYtrade.xyz | 0.00395% | 34.6% | 0.0316% | — | 0.0% | $3.27M | $1.94M | Trade |
| GEVtrade.xyz | 0.00372% | 32.6% | 0.0298% | — | 0.0% | $253K | $165K | Trade |
| PURRDATtrade.xyz | 0.00316% | 27.7% | 0.0253% | — | — | $9.61M | $5.82M | Trade |
| DKNGtrade.xyz | 0.00307% | 26.9% | 0.0246% | — | -87.2% | $202K | $515K | Trade |
| MSTRtrade.xyz | 0.00290% | 25.4% | 0.0232% | — | 0.7% | $19.57M | $22.68M | Trade |
| DRAMEntropyIO | 0.00249% | 21.8% | 0.0199% | — | 0.0% | $353K | $2.56M | Trade |
| NBIStrade.xyz | 0.00227% | 19.9% | 0.0182% | — | 15.1% | $16.03M | $76.46M | Trade |
| CRDOParagon | 0.00204% | 17.9% | 0.0163% | — | 0.0% | $324K | $230K | Trade |
| OAIEntropyIO | 0.00192% | 16.8% | 0.0154% | — | — | $3.89M | $2.12M | Trade |
| COHRParagon | 0.00181% | 15.9% | 0.0145% | — | 4.7% | $579K | $762K | Trade |
| EWYEntropyIO | 0.00162% | 14.2% | 0.0130% | — | 0.0% | $154K | $276K | Trade |
| SNDKEntropyIO | 0.00161% | 14.1% | 0.0129% | — | 5.0% | $2.15M | $21.19M | Trade |
| ORCLtrade.xyz | 0.00145% | 12.7% | 0.0116% | — | 0.0% | $5.53M | $7.75M | Trade |
| BABAtrade.xyz | 0.00129% | 11.3% | 0.0103% | — | 17.7% | $5.90M | $2.08M | Trade |
| NIFTYtrade.xyz | 0.00127% | 11.1% | 0.0101% | — | — | $141K | $223K | Trade |
| 0G | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $478K | $464K | Trade |
| 2Z | 0.00125% | 11.0% | 0.0100% | 2.0% | 11.0% | $238K | $499K | Trade |
| AAVE | 0.00125% | 11.0% | 0.0100% | 5.6% | 7.7% | $22.61M | $4.48M | Trade |
| ACE | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $77K | $274K | Trade |
| AERO | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $11.22M | $3.31M | Trade |
| ALGO | 0.00125% | 11.0% | 0.0100% | -3.7% | 11.0% | $1.19M | $289K | Trade |
| APE | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $370K | $168K | Trade |
| APEX | 0.00125% | 11.0% | 0.0100% | — | 11.0% | $454K | $139K | Trade |
| APT | 0.00125% | 11.0% | 0.0100% | 4.6% | 11.0% | $2.04M | $861K | Trade |
| AR | 0.00125% | 11.0% | 0.0100% | 7.7% | 11.0% | $318K | $497K | Trade |
| ASTER | 0.00125% | 11.0% | 0.0100% | 11.0% | -4.3% | $10.02M | $867K | Trade |
| ATOM | 0.00125% | 11.0% | 0.0100% | 10.5% | -33.7% | $2.30M | $417K | Trade |
| AVNT | 0.00125% | 11.0% | 0.0100% | 11.0% | 6.6% | $638K | $289K | Trade |
| BABY | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $109K | $320K | Trade |
| BCH | 0.00125% | 11.0% | 0.0100% | 6.3% | 8.3% | $2.59M | $946K | Trade |
| BNB | 0.00125% | 11.0% | 0.0100% | 0.0% | -0.8% | $18.24M | $3.61M | Trade |
| CAKE | 0.00125% | 11.0% | 0.0100% | 5.4% | 6.8% | $775K | $987K | Trade |
| CASHCAT | 0.00125% | 11.0% | 0.0100% | — | 7.8% | $4.69M | $5.00M | Trade |
| CHIP | 0.00125% | 11.0% | 0.0100% | 2.1% | 11.0% | $3.14M | $1.27M | Trade |
| CRV | 0.00125% | 11.0% | 0.0100% | 0.5% | 11.0% | $5.31M | $3.59M | Trade |
| DASH | 0.00125% | 11.0% | 0.0100% | -8.7% | 11.0% | $1.04M | $678K | Trade |
| DYDX | 0.00125% | 11.0% | 0.0100% | 6.3% | 3.9% | $637K | $193K | Trade |
| DYM | 0.00125% | 11.0% | 0.0100% | -15.8% | -68.7% | $108K | $470K | Trade |
| EIGEN | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $914K | $444K | Trade |
| ENS | 0.00125% | 11.0% | 0.0100% | 6.8% | 11.0% | $571K | $113K | Trade |
| ETHFI | 0.00125% | 11.0% | 0.0100% | 11.0% | 6.6% | $5.75M | $4.23M | Trade |
| FARTCOIN | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $9.36M | $3.37M | Trade |
| FET | 0.00125% | 11.0% | 0.0100% | 8.3% | — | $2.91M | $1.23M | Trade |
| FIL | 0.00125% | 11.0% | 0.0100% | 8.1% | 0.0% | $2.42M | $413K | Trade |
| GALA | 0.00125% | 11.0% | 0.0100% | -5.9% | 11.0% | $143K | $251K | Trade |
| GRAM | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $8.60M | $17.70M | Trade |
| GRASS | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $8.56M | $2.17M | Trade |
| HBAR | 0.00125% | 11.0% | 0.0100% | -10.5% | -10.6% | $4.14M | $963K | Trade |
| HYPE | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $769.32M | $306.79M | Trade |
| ICP | 0.00125% | 11.0% | 0.0100% | 2.9% | -19.2% | $1.30M | $2.00M | Trade |
| IO | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $261K | $190K | Trade |
| IOTA | 0.00125% | 11.0% | 0.0100% | -13.7% | -42.8% | $447K | $129K | Trade |
| JTO | 0.00125% | 11.0% | 0.0100% | 11.0% | -15.3% | $802K | $469K | Trade |
| JUP | 0.00125% | 11.0% | 0.0100% | -14.4% | 11.0% | $3.74M | $2.89M | Trade |
| KAITO | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $486K | $202K | Trade |
| KAS | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $677K | $418K | Trade |
| LDO | 0.00125% | 11.0% | 0.0100% | 10.8% | 11.0% | $4.12M | $525K | Trade |
| LTC | 0.00125% | 11.0% | 0.0100% | 0.7% | -6.1% | $9.17M | $3.03M | Trade |
| MEGA | 0.00125% | 11.0% | 0.0100% | 11.0% | 5.1% | $3.85M | $870K | Trade |
| MERL | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $352K | $211K | Trade |
| MINA | 0.00125% | 11.0% | 0.0100% | 4.9% | -61.5% | $797K | $319K | Trade |
| MNT | 0.00125% | 11.0% | 0.0100% | — | 11.0% | $1.59M | $416K | Trade |
| MON | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $14.25M | $1.18M | Trade |
| MORPHO | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $3.00M | $524K | Trade |
| NEAR | 0.00125% | 11.0% | 0.0100% | 11.0% | -28.9% | $74.45M | $59.99M | Trade |
| NIL | 0.00125% | 11.0% | 0.0100% | 3.4% | 11.0% | $976K | $272K | Trade |
| NOT | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $113K | $142K | Trade |
| NXPC | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $67K | $184K | Trade |
| ONDO | 0.00125% | 11.0% | 0.0100% | 6.0% | 11.0% | $8.52M | $4.74M | Trade |
| OP | 0.00125% | 11.0% | 0.0100% | -4.1% | -2.8% | $1.29M | $839K | Trade |
| PAXG | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $11.96M | $1.83M | Trade |
| PENDLE | 0.00125% | 11.0% | 0.0100% | 9.2% | -19.1% | $3.87M | $748K | Trade |
| PENGU | 0.00125% | 11.0% | 0.0100% | 11.0% | 5.5% | $1.69M | $557K | Trade |
| PNUT | 0.00125% | 11.0% | 0.0100% | 5.0% | -12.1% | $405K | $110K | Trade |
| POL | 0.00125% | 11.0% | 0.0100% | -9.6% | 4.2% | $2.34M | $689K | Trade |
| PONS | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $3.87M | $2.90M | Trade |
| PUMP | 0.00125% | 11.0% | 0.0100% | 7.1% | — | $25.93M | $35.26M | Trade |
| PURR | 0.00125% | 11.0% | 0.0100% | — | — | $5.15M | $388K | Trade |
| PYTH | 0.00125% | 11.0% | 0.0100% | -3.1% | -12.4% | $894K | $2.55M | Trade |
| RENDER | 0.00125% | 11.0% | 0.0100% | 11.0% | -8.2% | $1.06M | $635K | Trade |
| REZ | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $619K | $161K | Trade |
| RSR | 0.00125% | 11.0% | 0.0100% | -7.1% | -29.7% | $239K | $230K | Trade |
| RUNE | 0.00125% | 11.0% | 0.0100% | -12.7% | 11.0% | $890K | $198K | Trade |
| S | 0.00125% | 11.0% | 0.0100% | -4.5% | 11.0% | $795K | $373K | Trade |
| SEI | 0.00125% | 11.0% | 0.0100% | 8.0% | 11.0% | $1.09M | $374K | Trade |
| SKR | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $150K | $920K | Trade |
| SKY | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $1.20M | $443K | Trade |
| SOPH | 0.00125% | 11.0% | 0.0100% | -12.5% | 11.0% | $139K | $294K | Trade |
| SPX | 0.00125% | 11.0% | 0.0100% | 11.0% | -7.8% | $1.70M | $1.70M | Trade |
| STABLE | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $420K | $152K | Trade |
| STBL | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $693K | $101K | Trade |
| STRK | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $10.75M | $1.31M | Trade |
| SUPER | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $513K | $147K | Trade |
| SYRUP | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $1.58M | $290K | Trade |
| TAO | 0.00125% | 11.0% | 0.0100% | 3.0% | 11.0% | $14.04M | $6.52M | Trade |
| TIA | 0.00125% | 11.0% | 0.0100% | 8.6% | -12.0% | $2.77M | $1.25M | Trade |
| TRUMP | 0.00125% | 11.0% | 0.0100% | -1.6% | -16.2% | $4.37M | $4.91M | Trade |
| TRX | 0.00125% | 11.0% | 0.0100% | -1.8% | -4.2% | $5.87M | $805K | Trade |
| TURBO | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $145K | $101K | Trade |
| USELESS | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $5.22M | $1.59M | Trade |
| USUAL | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $227K | $764K | Trade |
| VIRTUAL | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $2.50M | $1.09M | Trade |
| VVV | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $26.85M | $5.97M | Trade |
| W | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $1.12M | $338K | Trade |
| WIF | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $1.66M | $2.29M | Trade |
| WLFI | 0.00125% | 11.0% | 0.0100% | 11.0% | -10.0% | $7.68M | $2.75M | Trade |
| XLM | 0.00125% | 11.0% | 0.0100% | -7.3% | -21.7% | $3.96M | $1.94M | Trade |
| XPL | 0.00125% | 11.0% | 0.0100% | 11.0% | 9.9% | $18.22M | $4.32M | Trade |
| XTEN | 0.00125% | 11.0% | 0.0100% | — | — | $741K | $658K | Trade |
| ZEC | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $199.99M | $383.10M | Trade |
| ZK | 0.00125% | 11.0% | 0.0100% | 11.0% | 8.6% | $717K | $239K | Trade |
| ZORA | 0.00125% | 11.0% | 0.0100% | 3.4% | 11.0% | $235K | $126K | Trade |
| ZRO | 0.00125% | 11.0% | 0.0100% | 11.0% | 11.0% | $21.31M | $6.54M | Trade |
| SHIB | 0.00125% | 11.0% | 0.0100% | -4.2% | -12.3% | $1.40M | $306K | Trade |
| ZHIPUtrade.xyz | 0.00119% | 10.4% | 0.0095% | — | 0.0% | $8.19M | $7.15M | Trade |
| SPCXtrade.xyz | 0.00110% | 9.7% | 0.0088% | — | 0.0% | $71.74M | $170.56M | Trade |
| ENA | 0.00108% | 9.5% | 0.0086% | 11.0% | 11.0% | $27.09M | $11.72M | Trade |
| ETH | 0.00106% | 9.3% | 0.0085% | 8.0% | 7.8% | $792.16M | $685.72M | Trade |
| SNDKtrade.xyz | 0.00094% | 8.2% | 0.0075% | — | 5.0% | $49.62M | $261.25M | Trade |
| WLD | 0.00090% | 7.9% | 0.0072% | -12.7% | -3.3% | $17.45M | $9.33M | Trade |
| BTC | 0.00089% | 7.8% | 0.0071% | 8.6% | 9.2% | $1.48B | $2.75B | Trade |
| UNI | 0.00079% | 6.9% | 0.0063% | 7.8% | 11.0% | $27.66M | $22.14M | Trade |
| SUI | 0.00074% | 6.5% | 0.0059% | -3.5% | -3.4% | $12.10M | $6.14M | Trade |
| RIVNtrade.xyz | 0.00068% | 5.9% | 0.0054% | — | 0.0% | $751K | $115K | Trade |
| AAPLEntropyIO | 0.00063% | 5.5% | 0.0050% | — | -29.5% | $75K | $317K | Trade |
| CRCLEntropyIO | 0.00063% | 5.5% | 0.0050% | — | 14.1% | $241K | $429K | Trade |
| AAOItrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $1.03M | $3.49M | Trade |
| AMATtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $339K | $1.66M | Trade |
| AMDtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | — | $23.12M | $184.96M | Trade |
| AMZNtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $10.23M | $16.74M | Trade |
| ARMtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $2.17M | $4.85M | Trade |
| ASMLtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $793K | $859K | Trade |
| AVGOtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $2.92M | $6.62M | Trade |
| BEtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $2.32M | $6.22M | Trade |
| BMNRtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $1.38M | $419K | Trade |
| COPPERtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | — | $5.26M | $2.37M | Trade |
| COSTtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $431K | $262K | Trade |
| CRCLtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 14.1% | $38.98M | $22.66M | Trade |
| CRWDtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $317K | $583K | Trade |
| CRWVtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 1.9% | $4.92M | $79.06M | Trade |
| DELLtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $2.95M | $4.68M | Trade |
| DRAMtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $39.03M | $103.58M | Trade |
| EWTtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | -55.3% | $444K | $306K | Trade |
| EWYtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $5.18M | $25.31M | Trade |
| EWZtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $2.33M | $3.53M | Trade |
| GLWtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | -11.4% | $227K | $539K | Trade |
| GOLDtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | — | $149.56M | $57.40M | Trade |
| GOOGLtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $85.28M | $79.53M | Trade |
| HOODtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $5.49M | $6.77M | Trade |
| INTCtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $44.02M | $51.58M | Trade |
| JP225trade.xyz | 0.00063% | 5.5% | 0.0050% | — | — | $1.20M | $1.52M | Trade |
| KORUtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $4.20M | $56.03M | Trade |
| KSTRtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $653K | $121K | Trade |
| LITEtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 22.0% | $5.48M | $10.50M | Trade |
| METAtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $25.66M | $26.11M | Trade |
| MINIMAXtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $1.00M | $2.96M | Trade |
| MRNAtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $11.85M | $12.95M | Trade |
| MRVLtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 6.5% | $5.44M | $24.04M | Trade |
| MSFTtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $12.52M | $34.15M | Trade |
| MUtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $80.14M | $192.32M | Trade |
| NETtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $1.08M | $1.54M | Trade |
| NFLXtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $2.53M | $770K | Trade |
| NOKtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | — | $716K | $434K | Trade |
| NOWtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $1.07M | $510K | Trade |
| PALLADIUMtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | — | $776K | $1.00M | Trade |
| PLATINUMtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | — | $1.26M | $2.32M | Trade |
| PLTRtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $2.88M | $2.87M | Trade |
| QCOMtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $980K | $972K | Trade |
| RKLBtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $2.60M | $7.98M | Trade |
| SILVERtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | — | $99.37M | $50.16M | Trade |
| SKHYtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $60.46M | $79.24M | Trade |
| SMHtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $1.40M | $2.36M | Trade |
| SOXLtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $19.89M | $413.97M | Trade |
| STRCtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | — | $6.74M | $1.12M | Trade |
| TSLAtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $20.45M | $36.66M | Trade |
| TSMtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $4.01M | $5.85M | Trade |
| WDCtrade.xyz | 0.00063% | 5.5% | 0.0050% | — | 0.0% | $828K | $2.53M | Trade |
| XYZ100trade.xyz | 0.00063% | 5.5% | 0.0050% | — | — | $106.52M | $429.14M | Trade |
| SAND | 0.00055% | 4.8% | 0.0044% | -5.1% | 6.1% | $346K | $109K | Trade |
| ADA | 0.00052% | 4.6% | 0.0042% | -2.0% | -4.5% | $13.07M | $8.61M | Trade |
| CBRStrade.xyz | 0.00050% | 4.4% | 0.0040% | — | 0.0% | $11.88M | $13.00M | Trade |
| AXS | 0.00047% | 4.1% | 0.0038% | 4.0% | 11.0% | $126K | $117K | Trade |
| HIMStrade.xyz | 0.00040% | 3.5% | 0.0032% | — | 0.0% | $852K | $2.52M | Trade |
| MUUtrade.xyz | 0.00039% | 3.4% | 0.0031% | — | 9.7% | $269K | $1.14M | Trade |
| SOL | 0.00022% | 1.9% | 0.0018% | 1.1% | -4.9% | $185.05M | $167.51M | Trade |
| XRP | 0.00018% | 1.6% | 0.0015% | 4.4% | 11.0% | $48.67M | $39.28M | Trade |
| BONK | 0.00017% | 1.5% | 0.0013% | -11.7% | -72.5% | $2.85M | $445K | Trade |
| 10YParagon | 0.00013% | 1.1% | 0.0010% | — | — | $1.28M | $829K | Trade |
| ARB | 0.00012% | 1.0% | 0.0009% | -18.3% | -15.1% | $5.87M | $6.37M | Trade |
| HYPER | 0.00008% | 0.7% | 0.0006% | 11.0% | 11.0% | $34K | $268K | Trade |
| COINtrade.xyz | 0.00003% | 0.3% | 0.0003% | — | 0.0% | $11.39M | $9.08M | Trade |
| LINK | -0.00006% | -0.5% | -0.0004% | 4.2% | 2.6% | $22.94M | $5.16M | Trade |
| ANTtrade.xyz | -0.00006% | -0.5% | -0.0005% | — | — | $52.09M | $52.11M | Trade |
| ANTHEntropyIO | -0.00008% | -0.7% | -0.0006% | — | — | $100.32M | $54.29M | Trade |
| STX | -0.00029% | -2.5% | -0.0023% | -2.6% | 11.0% | $589K | $668K | Trade |
| SP500trade.xyz | -0.00063% | -5.5% | -0.0051% | — | — | $223.97M | $367.91M | Trade |
| ANIME | -0.00072% | -6.3% | -0.0058% | -24.3% | 11.0% | $112K | $106K | Trade |
| AAPLtrade.xyz | -0.00077% | -6.8% | -0.0062% | — | -29.5% | $42.54M | $33.52M | Trade |
| COMP | -0.00089% | -7.8% | -0.0071% | 6.6% | 11.0% | $390K | $111K | Trade |
| DOGE | -0.00090% | -7.9% | -0.0072% | -0.5% | -6.8% | $23.02M | $8.21M | Trade |
| GMEtrade.xyz | -0.00130% | -11.4% | -0.0104% | — | — | $1.38M | $2.01M | Trade |
| AVAX | -0.00138% | -12.1% | -0.0111% | 4.3% | 0.4% | $11.99M | $16.68M | Trade |
| DOT | -0.00151% | -13.2% | -0.0121% | -1.6% | -64.4% | $2.86M | $1.83M | Trade |
| SOFTBANKtrade.xyz | -0.00165% | -14.4% | -0.0132% | — | — | $627K | $1.10M | Trade |
| PEPE | -0.00188% | -16.5% | -0.0151% | -15.2% | -15.4% | $23.62M | $59.68M | Trade |
| JPYtrade.xyz | -0.00224% | -19.6% | -0.0179% | — | — | $16.96M | $4.33M | Trade |
| ETC | -0.00226% | -19.8% | -0.0181% | -3.5% | 11.0% | $1.04M | $183K | Trade |
| KR200trade.xyz | -0.00228% | -19.9% | -0.0182% | — | — | $601K | $516K | Trade |
| LYTEtrade.xyz | -0.00228% | -20.0% | -0.0183% | — | 0.0% | $163K | $218K | Trade |
| SKHXEntropyIO | -0.00238% | -20.8% | -0.0190% | — | — | $97K | $674K | Trade |
| SKHXtrade.xyz | -0.00238% | -20.8% | -0.0190% | — | — | $155.60M | $449.72M | Trade |
| LIT | -0.00246% | -21.6% | -0.0197% | 11.0% | 11.0% | $56.41M | $23.07M | Trade |
| CC | -0.00290% | -25.4% | -0.0232% | 11.0% | 11.0% | $2.56M | $2.25M | Trade |
| SHEINtrade.xyz | -0.00296% | -25.9% | -0.0237% | — | -33.5% | $247K | $290K | Trade |
| MET | -0.00440% | -38.5% | -0.0352% | -24.0% | -94.9% | $1.09M | $368K | Trade |
| RDDTtrade.xyz | -0.00442% | -38.7% | -0.0354% | — | 0.0% | $479K | $298K | Trade |
| CLtrade.xyz | -0.00465% | -40.7% | -0.0372% | — | -27.4% | $68.30M | $98.06M | Trade |
| BERA | -0.00563% | -49.3% | -0.0451% | 11.0% | 11.0% | $636K | $359K | Trade |
| BRENTOILtrade.xyz | -0.00730% | -63.9% | -0.0584% | — | — | $147.68M | $133.09M | Trade |
| QNTtrade.xyz | -0.00911% | -79.8% | -0.0729% | — | — | $506K | $619K | Trade |
| INJ | -0.00976% | -85.5% | -0.0781% | -22.8% | 11.0% | $3.35M | $3.99M | Trade |
| SMHParagon | -0.01143% | -100.1% | -0.0914% | — | 0.0% | $33K | $201K | Trade |
| ANSEMParagon | -0.02042% | -178.9% | -0.1634% | — | — | $115K | $240K | Trade |
| GIGADEVtrade.xyz | -0.07303% | -639.8% | -0.5843% | — | — | $693K | $1.73M | Trade |
| INIT | -0.10254% | -898.2% | -0.8203% | -607.7% | -1299.3% | $745K | $16.26M | Trade |
| UNITREEParagon | -0.10819% | -947.7% | -0.8655% | — | -1094.9% | $1.19M | $3.53M | Trade |
| UNITREEtrade.xyz | -0.13197% | -1156.0% | -1.0557% | — | -1094.9% | $16.85M | $31.07M | Trade |
Funding history links for thin native markets are available by selecting All volume; unknown volume means no recorded value is available. By default, coin links open Hyperliquid history for liquid native markets, then funding rates across exchanges or a coin overview where available. Native history includes open interest, the predicted next payment and the gap against Binance and Bybit. For every market next to Binance and Bybit with price and OI changes, see the Hyperliquid overview.
Hyperliquid funding FAQ
How often is Hyperliquid funding paid?
Every hour, on the hour, rather than every 8 hours as on most Binance and Bybit perps. The payment is the hourly rate times your position's notional value. To compare with an 8-hour exchange multiply the hourly rate by 8; APR is the hourly rate × 24 × 365. Right now BTC pays 0.00089% per hour (7.8% APR).
How is Hyperliquid funding calculated?
Each hour's rate is the average premium of the perp over its oracle price (sampled every few seconds through the hour) plus an interest component of 0.01% per 8 hours (0.00125% per hour), clamped so a balanced market pays that baseline. The rate is capped at 4% per hour. HIP-3 deployers can scale funding for their markets with a multiplier and set their own interest rate, which is why some HIP-3 markets sit below the native baseline.
How does Hyperliquid funding compare with Binance?
Binance pays funding every 8 hours on most perps (some every 4 hours or hourly) and Hyperliquid every hour, so the raw numbers aren't comparable. This page converts both to APR: a positive gap means longs pay more on Hyperliquid, a negative gap means they pay less. Right now BTC funding on Hyperliquid is 0.8% APR lower than on Binance. Trading the gap (long the cheaper leg, short the dearer one) is funding arbitrage; it is not risk-free, since rates change every interval and each leg can be liquidated on its own.
Why is funding skewed on thin HIP-3 books?
The premium is measured from the prices a sizeable order would fill at, so on a thin book a few orders can push the perp well away from its oracle and swing funding to extremes that a deep market would never show. Outside stock market hours the underlying doesn't trade, so the oracle is maintained by the market's deployer; trade.xyz has announced weekend funding caps for its RWA markets. Check the market's volume and open interest before reading much into a HIP-3 rate.
Is there Hyperliquid funding rate history?
Yes, per market. Every native Hyperliquid perp has its own funding rate history page with funding and open interest charts: BTC, ETH, SOL and HYPE, each drawn next to Binance and Bybit funding for the same coin as 8-hour equivalents. The funding chart goes back to May 2023 for BTC and ETH; pick Max on the chart. Historical settled payments come from Hyperliquid's public API; newer data includes this site's own recording every 5 minutes, kept as hourly averages. For the full list, select All volume and All markets above the every-perp table on this page; HIP-3 markets link to their stock pages. Any coin's series can be downloaded as a daily CSV, for example BTC Hyperliquid funding history (CSV). For what funding actually cost over the last 7 or 30 days from Hyperliquid's settled payments, see accumulated funding.