Hyperliquid funding rates

Funding is the hourly transfer between longs and shorts that keeps the perp close to spot. Below is HyperIntel's live ranking of Hyperliquid perps by annualized funding, highest first — the top pays longs the most to exit, the bottom pays shorts.

Data updated: · refreshed every ~15 min

#CoinFunding / hrFunding ann.Open interest24h volume
1SAGA0.0269%235.43%$2 102 839$643 699
2xyz:MINIMAX0.0236%207.03%$5 613 140$216 636
3CASHCAT0.0236%206.37%$10 977 480$9 461 403
4xyz:BX0.0135%117.86%$539 061$1 418 117
5xyz:KR2000.0103%90.21%$598 891$216 556
6xyz:BIRD0.0048%42.35%$51 034$626 711
7xyz:RIVN0.0041%35.61%$544 630$421 146
8xyz:SMSN0.0041%35.56%$66 652 514$31 798 047
9xyz:IBM0.0039%33.95%$5 435 511$2 599 807
10xyz:BB0.0032%28.00%$13 271 997$1 343 620
11ZRO0.0028%24.94%$30 556 292$4 279 852
12xyz:CL0.0024%20.65%$213 106 220$278 392 499
13xyz:BRENTOIL0.0023%19.77%$260 488 214$120 191 928
14xyz:GBP0.0021%18.69%$82 588$5 857 696
15STBL0.0020%17.39%$2 259 657$176 350
16xyz:HYUNDAI0.0019%16.99%$1 312 758$221 625
17xyz:DELL0.0018%16.05%$1 929 139$2 337 598
18xyz:XLE0.0016%13.64%$1 516 223$969 374
19VINE0.0013%11.31%$335 699$452 188
20ORDI0.0013%10.95%$528 393$181 329
21NEO0.0013%10.95%$260 521$102 783
22RSR0.0013%10.95%$162 276$55 989
23GRASS0.0013%10.95%$7 640 904$490 447
24WIF0.0013%10.95%$2 816 678$456 440
25ONDO0.0013%10.95%$15 820 775$6 534 037
26ZK0.0013%10.95%$683 269$115 943
27HMSTR0.0013%10.95%$354 040$150 066
28GOAT0.0013%10.95%$141 446$138 086
29PURR0.0013%10.95%$5 380 223$143 907
30MELANIA0.0013%10.95%$747 178$215 622
31AR0.0013%10.95%$1 223 819$137 375
32EIGEN0.0013%10.95%$4 609 554$920 392
33REZ0.0013%10.95%$348 110$190 891
34S0.0013%10.95%$787 321$118 149
35NOT0.0013%10.95%$201 548$8 773
36BRETT0.0013%10.95%$269 518$116 156
37ZORA0.0013%10.95%$540 149$130 501
38WLFI0.0013%10.95%$11 806 233$1 310 696
39SOPH0.0013%10.95%$138 745$68 207
40LINEA0.0013%10.95%$1 520 745$92 840
41PNUT0.0013%10.95%$927 668$139 937
42APE0.0013%10.95%$875 456$317 236
43kPEPE0.0013%10.95%$15 171 872$1 925 051
44BSV0.0013%10.95%$469 600$86 721
45LDO0.0013%10.95%$14 297 532$903 371
46GMX0.0013%10.95%$564 974$834 190
47SNX0.0013%10.95%$758 940$183 087
48COMP0.0013%10.95%$743 832$89 018
49CFX0.0013%10.95%$2 958 196$125 932
50WLD0.0013%10.95%$35 191 096$24 942 828

How to read this table

Hourly funding is the rate charged each hour; the annualized column scales that rate for comparison across coins. Pair funding with open interest — a large rate on tiny OI matters less than a moderate rate on a crowded book.

For a plain-English explainer, see What is a good funding rate on Hyperliquid?. Compare crowding via open interest.

FAQ

How often is funding charged on Hyperliquid?
Hyperliquid charges funding hourly. The displayed hourly rate is the fraction paid each hour; annualize roughly by multiplying by 24 × 365.
What does a positive funding rate mean?
Positive funding usually means longs pay shorts — the long side is crowded and paying to stay in the trade. Negative funding flips that flow.
Is a high funding rate always a good short signal?
No. Extreme funding can persist while price trends. Treat funding as a cost and crowding signal, not a standalone trade trigger.