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
| # | Coin | Funding / hr | Funding ann. | Open interest | 24h volume |
|---|---|---|---|---|---|
| 1 | xyz:NCLD | 0.0364% | 318.68% | $227 750 | $119 616 |
| 2 | xyz:NATGAS | 0.0244% | 213.87% | $10 046 504 | $6 934 289 |
| 3 | xyz:GIGADEV | 0.0171% | 149.98% | $1 106 812 | $446 874 |
| 4 | xyz:SOFTBANK | 0.0151% | 132.00% | $4 524 547 | $3 667 560 |
| 5 | xyz:QNT | 0.0131% | 114.90% | $1 219 363 | $113 195 |
| 6 | xyz:PALLADIUM | 0.0128% | 112.48% | $3 099 708 | $362 561 |
| 7 | xyz:MAGS | 0.0121% | 105.79% | $307 044 | $56 814 |
| 8 | xyz:SKHX | 0.0097% | 84.88% | $335 923 431 | $354 871 535 |
| 9 | xyz:BMNR | 0.0083% | 72.28% | $196 497 | $63 082 |
| 10 | xyz:AAOI | 0.0071% | 62.17% | $1 524 113 | $684 782 |
| 11 | xyz:ZM | 0.0071% | 61.83% | $538 673 | $63 027 |
| 12 | xyz:ZHIPU | 0.0064% | 56.35% | $9 744 511 | $6 457 479 |
| 13 | xyz:USAR | 0.0063% | 54.88% | $1 845 185 | $484 589 |
| 14 | xyz:XLE | 0.0062% | 54.49% | $1 755 904 | $212 608 |
| 15 | xyz:NOW | 0.0052% | 45.95% | $1 483 070 | $297 713 |
| 16 | xyz:QCOM | 0.0046% | 40.24% | $5 712 490 | $844 984 |
| 17 | xyz:UNITREE | 0.0042% | 36.80% | $18 093 099 | $4 065 895 |
| 18 | xyz:RDDT | 0.0038% | 33.10% | $312 302 | $111 735 |
| 19 | xyz:HIMS | 0.0038% | 33.04% | $2 772 192 | $681 104 |
| 20 | xyz:CBRS | 0.0033% | 28.76% | $43 632 484 | $5 331 505 |
| 21 | SYRUP | 0.0032% | 28.31% | $4 863 224 | $1 403 230 |
| 22 | xyz:IREN | 0.0031% | 27.00% | $1 873 856 | $301 578 |
| 23 | ICP | 0.0029% | 25.04% | $4 890 683 | $4 460 277 |
| 24 | xyz:MINIMAX | 0.0029% | 24.97% | $12 683 818 | $4 670 695 |
| 25 | FARTCOIN | 0.0027% | 23.58% | $36 710 648 | $15 050 732 |
| 26 | GOAT | 0.0026% | 23.11% | $229 586 | $168 980 |
| 27 | xyz:BABA | 0.0025% | 22.18% | $11 969 365 | $1 410 888 |
| 28 | xyz:ORCL | 0.0023% | 20.45% | $19 348 537 | $11 295 689 |
| 29 | xyz:ARM | 0.0022% | 19.70% | $4 776 733 | $2 467 712 |
| 30 | KAS | 0.0021% | 18.53% | $2 108 332 | $1 643 728 |
| 31 | xyz:BX | 0.0021% | 18.11% | $446 573 | $62 459 |
| 32 | xyz:RIVN | 0.0019% | 16.54% | $510 994 | $86 879 |
| 33 | xyz:CRCL | 0.0018% | 15.40% | $59 416 874 | $10 919 298 |
| 34 | xyz:LITE | 0.0016% | 14.10% | $9 689 321 | $1 654 021 |
| 35 | xyz:SILVER | 0.0015% | 13.10% | $122 509 593 | $45 084 859 |
| 36 | xyz:DRAM | 0.0014% | 12.05% | $81 118 032 | $74 781 428 |
| 37 | xyz:SMH | 0.0014% | 11.92% | $1 407 056 | $332 909 |
| 38 | xyz:AVGO | 0.0013% | 11.51% | $9 694 412 | $3 290 400 |
| 39 | kNEIRO | 0.0013% | 10.95% | $160 818 | $110 902 |
| 40 | S | 0.0013% | 10.95% | $672 947 | $125 560 |
| 41 | PURR | 0.0013% | 10.95% | $10 516 121 | $1 082 734 |
| 42 | ALGO | 0.0013% | 10.95% | $2 575 535 | $1 042 283 |
| 43 | ME | 0.0013% | 10.95% | $207 926 | $82 082 |
| 44 | VIRTUAL | 0.0013% | 10.95% | $9 469 496 | $3 195 560 |
| 45 | MORPHO | 0.0013% | 10.95% | $5 127 388 | $2 726 979 |
| 46 | INIT | 0.0013% | 10.95% | $297 239 | $91 021 |
| 47 | GRIFFAIN | 0.0013% | 10.95% | $803 679 | $43 765 |
| 48 | ZEC | 0.0013% | 10.95% | $653 195 936 | $267 468 411 |
| 49 | TIA | 0.0013% | 10.95% | $3 113 295 | $1 838 218 |
| 50 | SPX | 0.0013% | 10.95% | $6 313 299 | $2 027 135 |
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.