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:UNITREE | 0.0248% | 217.08% | $18 204 190 | $3 995 749 |
| 2 | xyz:NATGAS | 0.0219% | 191.54% | $9 561 558 | $6 442 306 |
| 3 | AZTEC | 0.0140% | 122.99% | $679 770 | $320 328 |
| 4 | xyz:SOFTBANK | 0.0136% | 119.46% | $4 561 273 | $3 658 275 |
| 5 | xyz:GIGADEV | 0.0136% | 119.12% | $1 139 887 | $474 448 |
| 6 | xyz:NCLD | 0.0135% | 118.52% | $226 083 | $114 788 |
| 7 | xyz:XLE | 0.0135% | 118.09% | $1 623 099 | $106 265 |
| 8 | xyz:BMNR | 0.0089% | 78.07% | $195 837 | $63 502 |
| 9 | xyz:RIVN | 0.0075% | 65.72% | $523 886 | $71 888 |
| 10 | APEX | 0.0068% | 59.62% | $2 899 218 | $124 426 |
| 11 | GRASS | 0.0062% | 54.27% | $10 066 263 | $1 299 617 |
| 12 | AR | 0.0055% | 48.08% | $2 128 364 | $478 331 |
| 13 | xyz:PALLADIUM | 0.0047% | 41.53% | $3 054 470 | $295 187 |
| 14 | xyz:KIOXIA | 0.0041% | 36.34% | $7 266 450 | $4 228 985 |
| 15 | xyz:IREN | 0.0037% | 32.29% | $1 870 987 | $281 603 |
| 16 | xyz:GEV | 0.0031% | 26.83% | $463 332 | $99 787 |
| 17 | xyz:MRNA | 0.0029% | 25.59% | $2 098 827 | $923 948 |
| 18 | xyz:QCOM | 0.0028% | 24.73% | $5 674 339 | $825 783 |
| 19 | xyz:META | 0.0023% | 19.89% | $39 079 358 | $8 228 371 |
| 20 | xyz:LYTE | 0.0018% | 15.80% | $709 707 | $160 926 |
| 21 | xyz:SKHX | 0.0018% | 15.55% | $341 285 746 | $315 798 183 |
| 22 | xyz:EBAY | 0.0018% | 15.38% | $330 833 | $13 045 |
| 23 | xyz:COPPER | 0.0016% | 14.03% | $17 422 510 | $3 769 250 |
| 24 | xyz:GME | 0.0015% | 13.11% | $2 023 698 | $724 300 |
| 25 | xyz:NFLX | 0.0014% | 12.31% | $3 274 849 | $1 092 293 |
| 26 | xyz:ASML | 0.0014% | 12.04% | $2 544 515 | $637 069 |
| 27 | xyz:DRAM | 0.0013% | 11.01% | $78 619 533 | $57 314 139 |
| 28 | ETHFI | 0.0013% | 10.95% | $17 326 062 | $3 003 819 |
| 29 | ENA | 0.0013% | 10.95% | $58 318 544 | $27 954 365 |
| 30 | SAGA | 0.0013% | 10.95% | $1 282 476 | $22 525 |
| 31 | AXS | 0.0013% | 10.95% | $246 298 | $120 654 |
| 32 | MERL | 0.0013% | 10.95% | $368 417 | $76 578 |
| 33 | XLM | 0.0013% | 10.95% | $10 839 066 | $2 583 887 |
| 34 | HBAR | 0.0013% | 10.95% | $6 519 551 | $1 936 906 |
| 35 | NOT | 0.0013% | 10.95% | $238 042 | $22 589 |
| 36 | BRETT | 0.0013% | 10.95% | $262 766 | $196 715 |
| 37 | RENDER | 0.0013% | 10.95% | $2 338 680 | $2 704 314 |
| 38 | CELO | 0.0013% | 10.95% | $163 117 | $68 352 |
| 39 | kNEIRO | 0.0013% | 10.95% | $162 355 | $126 925 |
| 40 | S | 0.0013% | 10.95% | $671 571 | $128 940 |
| 41 | GOAT | 0.0013% | 10.95% | $228 035 | $180 925 |
| 42 | MOODENG | 0.0013% | 10.95% | $492 954 | $293 352 |
| 43 | PURR | 0.0013% | 10.95% | $10 413 700 | $1 087 646 |
| 44 | ALGO | 0.0013% | 10.95% | $2 577 249 | $1 166 788 |
| 45 | ME | 0.0013% | 10.95% | $208 755 | $81 822 |
| 46 | GRIFFAIN | 0.0013% | 10.95% | $800 222 | $45 216 |
| 47 | TIA | 0.0013% | 10.95% | $3 222 587 | $1 805 445 |
| 48 | SPX | 0.0013% | 10.95% | $6 177 736 | $2 178 941 |
| 49 | MORPHO | 0.0013% | 10.95% | $5 288 879 | $2 646 555 |
| 50 | NIL | 0.0013% | 10.95% | $701 350 | $333 615 |
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.