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
1VINE0.0293%257.01%$413 548$1 066 138
2xyz:MINIMAX0.0166%145.64%$3 533 717$2 082 573
3CASHCAT0.0136%119.40%$10 332 731$12 291 229
4xyz:ZM0.0123%108.10%$486 268$506 484
5SAGA0.0113%99.35%$1 535 913$1 011 752
6xyz:BB0.0099%86.65%$13 610 814$3 217 841
7xyz:HYUNDAI0.0074%64.77%$1 579 120$1 268 672
8xyz:RIVN0.0061%53.69%$836 373$1 245 182
9xyz:SNDK0.0055%48.47%$162 211 099$427 820 949
10xyz:URNM0.0047%40.79%$981 846$192 463
11xyz:NFLX0.0045%38.99%$9 944 048$4 317 257
12xyz:NOW0.0043%37.36%$707 121$651 552
13xyz:BIRD0.0043%37.32%$41 512$132 509
14xyz:NOK0.0038%33.54%$1 962 913$2 424 064
15xyz:BRENTOIL0.0031%27.32%$192 637 786$134 687 604
16xyz:SMSN0.0028%24.65%$52 390 249$42 122 347
17xyz:BE0.0025%21.79%$1 267 437$2 864 582
18xyz:COST0.0023%19.91%$338 644$428 770
19xyz:EBAY0.0022%19.16%$214 686$380 501
20xyz:MU0.0021%18.51%$203 753 758$466 398 048
21xyz:SKHX0.0020%17.94%$460 879 322$475 193 214
22xyz:INTC0.0020%17.75%$53 215 978$34 313 542
23xyz:XLE0.0019%17.04%$1 169 909$1 335 776
24xyz:HOOD0.0018%15.44%$14 395 288$8 563 795
25XMR0.0017%15.24%$53 974 667$6 561 262
26xyz:SPCX0.0016%14.34%$163 873 008$223 583 694
27xyz:COPPER0.0016%14.13%$9 120 224$4 368 029
28xyz:USAR0.0015%13.54%$1 354 192$332 320
29xyz:GOLD0.0015%12.96%$168 814 321$62 334 403
30xyz:PALLADIUM0.0014%12.07%$928 225$296 066
31xyz:PLATINUM0.0013%11.62%$3 343 275$1 575 051
32REZ0.0013%10.95%$280 752$323 522
33BRETT0.0013%10.95%$268 487$142 189
34APT0.0013%10.95%$3 868 726$835 510
35CRV0.0013%10.95%$6 417 500$1 460 942
36BNB0.0013%10.95%$21 418 874$3 339 566
37DOGE0.0013%10.95%$28 931 658$13 977 208
38HMSTR0.0013%10.95%$340 055$307 719
39PNUT0.0013%10.95%$949 618$151 486
40FARTCOIN0.0013%10.95%$19 933 326$8 272 132
41MELANIA0.0013%10.95%$775 578$175 370
42LDO0.0013%10.95%$11 134 801$1 358 149
43LINK0.0013%10.95%$43 381 432$3 964 000
44RSR0.0013%10.95%$117 638$36 890
45NIL0.0013%10.95%$568 699$315 565
46ASTER0.0013%10.95%$22 148 561$1 242 462
47HEMI0.0013%10.95%$1 325 268$1 823 768
48XLM0.0013%10.95%$7 079 504$2 325 436
49CHIP0.0013%10.95%$2 931 376$719 681
50PENDLE0.0013%10.95%$8 347 654$3 395 188

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.