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.