HYPE Funding Rate (Hyperliquid)

Compare Hyperliquid perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute

Hyperliquid current price: $63.13

Rate MatrixHeatmapCumulative Fees

HYPE Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Hyperliquid+0.0013%+10.95%1h$1.40B
2Binance+0.0034%+7.42%4h08:00 UTC$281.9M
3Bybit+0.0030%+3.28%8h08:00 UTC$254.3M
4Bitget+0.0045%+9.86%4h$160.9M
5OKX+0.0048%+5.26%8h08:00 UTC$89.9M
6KuCoin+0.0050%+10.95%4h08:00 UTC$79.5M
7WhiteBIT+0.0050%+10.95%4h08:00 UTC$70.0M
8MEXC+0.0033%$46.8M
9edgeX+0.0036%+7.84%4h08:00 UTC$38.4M
10Lighter+0.0048%+42.05%1h$17.4M
11Gate+0.0050%+10.95%4h08:00 UTC$15.0M
12Kraken+0.0003%$12.0M
13Backpack+0.0013%+10.95%1h06:00 UTC$6.5M
14Aster+0.0050%+10.95%4h08:00 UTC$4.6M
15Coinbase+0.0006%+5.26%1h$3.2M
16CoinEx+0.0073%+7.96%8h16:00 UTC$3.0M
17BitMEXhighest+0.0100%+10.95%8h12:00 UTC$0.7M
18Paradex+0.0029%+3.12%8h$0.3M
19Bitfinex+0.0000%08:00 UTC$0.1M
20Crypto.com-0.0038%$0.0M
21HTX+0.0050%+10.95%4h08:00 UTC
22BingX+0.0045%08:00 UTC
23Bitunix+0.0029%+6.40%4h08:00 UTC
24LBank+0.0034%08:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0035%
OI-Weighted Rate
+0.0024%
Volume-Weighted Rate
+0.0033%

HYPE Funding Rate History

HYPE Cumulative Funding Cost

Cumulative settled funding rate by exchange over each window — positive means longs paid shorts (cost of holding a long), negative means shorts paid longs.

Exchange1D7D30D90D
HTX+0.0300%+0.2100%+0.9000%+1.0400%
Bitget+0.0205%+0.1337%+0.5778%+0.5864%
Binance+0.0034%+0.0746%+0.3918%+0.8822%
Gate+0.0194%+0.1062%+0.3339%+0.4758%
OKX+0.0015%+0.0995%+0.3102%+0.4312%
Bybit+0.0076%+0.0789%+0.2508%+0.5959%

About Hyperliquid Funding Rate

What is the HYPE funding rate?

The HYPE funding rate is a periodic payment between long and short traders on Hyperliquid perpetual futures, designed to keep the contract price anchored to the spot index. When the rate is positive, longs pay shorts; when negative, shorts pay longs. It is the main ongoing cost (or income) of holding a leveraged HYPE perpetual position.

What does a positive or negative HYPE funding rate mean?

A persistently positive HYPE funding rate signals crowded long positioning and bullish sentiment — longs keep paying to stay in the trade. A negative rate signals short-side dominance and bearish sentiment. Extreme funding rates in either direction often indicate an overcrowded trade and raise the risk of a sharp reversal or short squeeze/long squeeze.

What is the current HYPE funding rate?

As of now, the HYPE funding rate averages 0.0035% across 24 exchanges CoinBoss tracks, and the rate is positive. This figure updates in real time — check the table above for the latest per-exchange breakdown and the OI-weighted composite rate.

Which exchange has the highest HYPE funding rate?

Right now bitmex shows the highest (or most extreme) HYPE funding rate among tracked exchanges, at 0.0100%. Funding rates can vary meaningfully across exchanges due to differences in order-book premium, index price and leverage demand — creating potential funding rate arbitrage opportunities.
Most exchanges settle funding every 8 hours (00:00 / 08:00 / 16:00 UTC). Actual settlement intervals may vary by exchange and contract.