ArbiLayer

HYPE funding rate

Live Hyperliquid perpetual funding on every connected exchange. Positive funding means longs pay shorts.

Connecting…
Highest (24h)+0.030%Binance
Lowest (24h)-0.016%Hyperliquid
Average (24h)+0.023%across 9 venues
Funding gap (24h)+0.046%short the highest, long the lowest
ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume
Binance logoBinanceCEX · HYPEUSDT+0.0050%4h—+0.030%+10.9%$93.30-0.021%—
Bybit logoBybitCEX · HYPEUSDT+0.0100%8h—+0.030%+10.9%$93.27-0.038%$181.99M
Bitget logoBitgetCEX · HYPEUSDT+0.0050%4h—+0.030%+10.9%$93.30-0.010%$57.87M
OKX logoOKXCEX · HYPE-USDT-SWAP+0.0100%8h00:30:51+0.030%+10.9%$93.27—$259.32M
KuCoin logoKuCoinCEX · HYPEUSDTM+0.0050%4h00:30:51+0.030%+10.9%$93.29-0.013%$29.92M
Aster logoAsterPerp DEX · HYPEUSDT+0.0050%4h—+0.030%+10.9%$93.29-0.025%—
Variational logoVariationalCEX · HYPE+0.0100%8h—+0.030%+10.9%$92.96—$48.30M
HTX logoHTXCEX · HYPE-USDT+0.0050%8h00:30:51+0.015%+5.5%——$3.57M
Hyperliquid logoHyperliquidPerp DEX · HYPE-0.0007%1h00:30:51-0.016%-5.7%$93.25-0.043%$437.58M

HYPE funding rate explained

Right now Hyperliquid (HYPE) perpetual futures trade on 9 exchanges we track. The highest funding is on Binance at +0.030% per day, the lowest on Hyperliquid at -0.016%. The average across all venues is +0.023% per day, or about +8.5% a year. Positive funding means HYPE longs are paying shorts — the market is leaning long.

The gap between the highest and lowest venue is +0.046% per day. A delta-neutral position that shorts HYPE on Binance and goes long on Hyperliquid would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live HYPE arbitrage board for the price side of the trade.

Settlement intervals differ: HYPE funding is paid every 1 hour, 4 hours and 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.

Related: HYPE arbitrage · Hyperliquid price · funding rates for all coins.

What is the HYPE funding rate today?

The average HYPE funding rate across 9 exchanges is +0.023% per 24 hours. It ranges from -0.016% on Hyperliquid to +0.030% on Binance. Rates update every few seconds on this page.

Which exchange has the highest HYPE funding rate?

Binance currently has the highest HYPE funding at +0.030% per day, and Hyperliquid the lowest at -0.016%.

How often is HYPE funding paid?

HYPE perpetuals settle funding every 1 hour, 4 hours and 8 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is HYPE funding positive or negative?

On average it is positive (+0.023% per day): longs pay shorts.