Hyperliquid (HYPE) Funding Rate
Hyperliquid (HYPE) perpetual funding on 30 exchanges: the current rate, annualized, what was actually paid and the payment history. Positive means longs pay shorts.
Updated · How we count
Hyperliquid (HYPE) funding rate on every exchange
| Exchange | Rate per 8 h | Per period | Predicted | By premium | Annual | 1 day · 7 days · 30 days | Next payment | 24h volume | ||
|---|---|---|---|---|---|---|---|---|---|---|
 Gemini1 h | −0.0447% | −0.0056% | — | −0.0007% | −49.0% | −0.154% | −1.832% | −17.899% | — | |
 Bitget4 hbest long | −0.0112% | −0.0056% | — | +0.0009% | −12.3% | +0.0184% | +0.125% | +0.431% | $55.1M | |
 Bitfinex8 h | 0.0000% | 0.0000% | −0.0052% | +0.227% | 0.0% | 0.0000% | 0.0000% | −0.0166% | $71.1K | |
 Aster4 h | +0.0001% | 0.0000% | — | −0.0025% | 0.1% | +0.0202% | +0.136% | +0.408% | $13.9M | |
 Gate4 h | +0.0010% | +0.0005% | — | −0.0038% | 1.1% | +0.0137% | +0.0959% | +0.270% | $28.1M | |
 WOOFi Pro4 h | +0.0046% | +0.0023% | — | — | 5.1% | −0.0158% | −0.116% | −0.0765% | $512K | |
 Mode Trade4 h | +0.0046% | +0.0023% | — | — | 5.1% | −0.0156% | −0.116% | −0.0765% | $512K | |
 Kraken1 h | +0.0072% | +0.0009% | +0.0022% | +0.0013% | 7.9% | +0.0153% | +0.419% | +1.391% | $19.9M | |
 LBank4 h | +0.0080% | +0.0040% | — | +0.0008% | 8.8% | +0.0072% | +0.102% | +0.287% | — | |
 Binance4 h | +0.0080% | +0.0040% | — | −0.0008% | 8.8% | +0.0075% | +0.102% | +0.363% | — | |
 MEXC4 h | +0.0082% | +0.0041% | — | −0.0012% | 9.0% | +0.0071% | +0.101% | +0.363% | $48.7M | |
 WEEX4 h | +0.0082% | +0.0041% | — | +0.0020% | 9.0% | +0.0073% | +0.102% | +0.363% | $25.2M | |
 Phemex8 h | +0.0083% | +0.0083% | — | +0.0100% | 9.0% | −0.0205% | −0.0145% | +0.431% | $1M | |
 Toobit4 h | +0.0088% | +0.0044% | — | +0.0050% | 9.7% | +0.0095% | +0.119% | +0.435% | $51.3M | |
 Lighter1 h | +0.0096% | +0.0012% | — | — | 10.5% | +0.0286% | +0.147% | +0.625% | $37.8M | |
 OKX8 h | +0.0100% | +0.0100% | — | — | 11.0% | +0.0219% | +0.140% | +0.381% | $131.4M | |
 HTX4 h | +0.0100% | +0.0050% | — | — | 11.0% | +0.0299% | +0.210% | +1.071% | $3.7M | |
 Backpack1 h | +0.0100% | +0.0013% | — | +0.0013% | 11.0% | +0.0280% | +0.209% | +1.037% | $5M | |
 KuCoin4 h | +0.0100% | +0.0050% | — | — | 11.0% | +0.0300% | +0.204% | +0.760% | $28M | |
 BTSE4 h | +0.0100% | +0.0050% | — | — | 11.0% | +0.0300% | +0.207% | +0.888% | $2.2M | |
 WhiteBIT4 h | +0.0100% | +0.0050% | — | +0.0050% | 11.0% | +0.0300% | +0.210% | +0.970% | $68.1M | |
 Bybit8 h | +0.0100% | +0.0100% | — | +0.0095% | 11.0% | +0.0072% | +0.102% | +0.117% | $121.6M | |
 Hyperliquid1 h | +0.0100% | +0.0013% | — | +0.0013% | 11.0% | +0.0090% | +0.144% | +0.690% | $424.8M | |
 BingX4 h | +0.0100% | +0.0050% | — | −0.0025% | 11.0% | +0.0282% | +0.192% | +0.731% | $28.9M | |
 Pacifica1 h | +0.0100% | +0.0013% | — | +0.0013% | 11.0% | +0.0300% | +0.209% | +0.956% | $8M | |
 Extended1 h | +0.0104% | +0.0013% | — | −0.0009% | 11.4% | +0.0312% | +0.217% | +0.731% | $18.5M | |
 Deepcoin4 h | +0.0160% | +0.0080% | — | — | 17.5% | +0.0247% | +0.197% | +0.880% | $30M | |
 DigiFinex8 h | +0.0290% | +0.0290% | — | — | 31.8% | +0.0820% | +0.478% | +1.199% | $57.4M | |
 BloFin4 h | +0.0322% | +0.0161% | — | +0.0002% | 35.3% | +0.0565% | +0.518% | +2.240% | $9.5M | |
 BigONE4 h | +0.0494% | +0.0247% | +0.0220% | +0.0050% | 54.1% | +0.137% | +0.323% | +1.957% | $41.1M | |
 XT4 hbest short | +0.0866% | +0.0433% | — | +0.0050% | 94.8% | −0.0705% | +1.052% | +4.327% | $62.9M | |
What Hyperliquid (HYPE) funding actually paid
Over 7 days, a Hyperliquid (HYPE) long paid +0.129% on average across exchanges (6.7% a year). The most on XT (+1.052%), the least on Gemini (−1.832%).
Over 30 days, a Hyperliquid (HYPE) long paid +0.201% on average across exchanges (2.9% a year). The most on XT (+4.327%), the least on Gemini (−17.899%).
Hyperliquid (HYPE) funding rate history chart
Loading payments…
Hyperliquid (HYPE) funding arbitrage right now
Among the exchanges that publish a 24h volume, the lowest rate now is on Bitget (−0.0112% per 8 h), the highest on XT (+0.0866%). Long on Bitget and short on XT, price hedged: a difference of 107% a year before fees and before the rates move.
Rates only. The price spread between the two perps, fees to enter and exit, book depth and whether the rate holds are in the futures screener →
Hyperliquid (HYPE) perpetual futures by exchange
HyperliquidHYPE/USDC:USDC$76.3735$424.8MOKXHYPE/USDT:USDT$76.4255$131.4MBybitHYPE/USDT:USDT$76.4205$121.6MWhiteBITHYPE/USDT:USDT$76.4445$68.1MXTHYPE/USDT:USDT$76.4245$62.9MDigiFinexHYPE/USDT:USDT$76.4350$57.4MBitgetHYPE/USDT:USDT$76.4120$55.1MToobitHYPE/USDT:USDT$76.4325$51.3MMEXCHYPE/USDT:USDT$76.4245$48.7MBigONEHYPE/USDT:USDT$76.4270$41.1MLighterHYPE/USDC:USDC$76.4348$37.8MDeepcoinHYPE/USDT:USDT$76.4245$30MBingXHYPE/USDT:USDT$76.4265$28.9MGateHYPE/USDT:USDT$76.4260$28.1MKuCoinHYPE/USDT:USDT$76.4190$28MWEEXHYPE/USDT:USDT$76.4185$25.2MKrakenHYPE/USD:USD$76.3900$19.9MExtendedHYPE/USDC:USDC$76.3745$18.5MAsterHYPE/USDT:USDT$76.4220$13.9MBloFinHYPE/USDT:USDT$76.4250$9.5MPacificaHYPE/USDC:USDC$76.4545$8MBackpackHYPE/USDC:USDC$76.4145$5MHTXHYPE/USDT:USDT$76.4455$3.7MBTSEHYPE/USDT:USDT$76.4290$2.2MPhemexHYPE/USDT:USDT$76.4315$1MMode TradeHYPE/USDC:USDC$76.3450$512KWOOFi ProHYPE/USDC:USDC$76.3450$512KBitfinexHYPE/USDT:USDT$76.4550$71.1KLBankHYPE/USDT:USDT—BinanceHYPE/USDT:USDT$76.4245—GeminiHYPE/USDC:USDC$76.3355—FAQ
- What is the Hyperliquid (HYPE) funding rate?
A periodic payment between long and short holders of Hyperliquid (HYPE) perpetual futures that keeps the contract price near spot. When the rate is positive, longs pay shorts; when negative, shorts pay longs. Right now it ranges from −0.0112% to 0.0866% per 8 hours across 30 exchanges.
- How often is Hyperliquid (HYPE) funding paid?
Every 8 hours on most exchanges, every 1–4 hours on some (Hyperliquid pays hourly). The table shows each exchange's interval and the time to the next payment.
- Why is the Hyperliquid (HYPE) funding rate different on each exchange?
Each exchange computes it from its own premium of perpetual over index price and its own interval and caps. The difference is what funding arbitrage earns: short where funding is highest, long where it is lowest.
- Does a high APR mean high profit?
No. APR extrapolates the current rate over a year, and rates change every period. Compare it with what was actually paid over 7 and 30 days in the table above.