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
1xyz:MINIMAX0.0318%278.69%$3.451.496$2.061.927
2xyz:KR2000.0227%198.76%$610.212$1.314.922
3xyz:KIOXIA0.0165%144.47%$7.345.693$4.850.713
4xyz:ZHIPU0.0130%113.91%$5.630.869$16.944.658
5CASHCAT0.0108%94.21%$9.352.601$10.842.809
6xyz:PURRDAT0.0097%85.19%$6.641.677$2.998.808
7xyz:GIGADEV0.0093%81.36%$35.576$468.545
8xyz:BOT0.0084%73.91%$4.522.466$4.278.366
9xyz:BIRD0.0081%70.86%$47.330$130.572
10xyz:SKHX0.0070%61.09%$475.936.864$546.550.370
11xyz:AMAT0.0058%50.46%$1.186.244$1.501.847
12SAGA0.0055%48.20%$1.518.735$409.409
13xyz:COIN0.0050%43.89%$11.838.055$5.522.310
14xyz:BE0.0050%43.42%$1.314.296$4.276.216
15xyz:GOOGL0.0044%38.36%$113.488.165$53.863.531
16xyz:NBIS0.0042%36.48%$50.845.551$18.859.663
17xyz:SMSN0.0041%36.02%$63.283.057$52.381.638
18xyz:NOW0.0030%26.08%$808.825$1.626.683
19xyz:RKLB0.0027%23.98%$7.898.486$8.002.352
20xyz:SPCX0.0026%22.79%$164.756.552$201.471.323
21xyz:QCOM0.0026%22.73%$5.250.739$1.549.657
22VVV0.0024%20.81%$25.752.654$3.144.299
23xyz:NFLX0.0021%18.64%$9.989.910$5.463.747
24xyz:HOOD0.0021%18.17%$14.859.720$6.717.370
25xyz:URNM0.0019%17.07%$931.691$222.651
26xyz:INTC0.0017%15.07%$54.085.461$31.556.761
27xyz:NOK0.0017%14.90%$2.290.064$3.193.107
28xyz:RIVN0.0017%14.53%$955.636$1.155.235
29xyz:LLY0.0016%14.07%$3.670.026$1.216.651
30MET0.0016%13.78%$2.447.325$674.266
31xyz:XLE0.0016%13.69%$1.244.652$1.416.220
32xyz:ZM0.0015%12.82%$480.564$915.774
33xyz:PALLADIUM0.0014%12.47%$1.030.973$348.792
34xyz:USAR0.0014%12.38%$1.406.368$599.606
35xyz:SHAZ0.0014%12.35%$1.827.379$724.326
36xyz:BRENTOIL0.0014%12.26%$213.570.195$146.240.391
37xyz:DKNG0.0013%11.09%$179.614$1.211.065
38AERO0.0013%10.95%$8.079.044$1.249.002
39FOGO0.0013%10.95%$309.990$104.043
40DASH0.0013%10.95%$667.631$369.125
41AZTEC0.0013%10.95%$647.183$223.206
42CHIP0.0013%10.95%$2.900.856$833.338
43GRAM0.0013%10.95%$20.111.037$3.854.968
44XLM0.0013%10.95%$7.447.812$1.656.951
45kPEPE0.0013%10.95%$20.788.764$2.017.849
46MINA0.0013%10.95%$989.091$137.001
47CFX0.0013%10.95%$3.133.008$180.509
48GMX0.0013%10.95%$606.349$247.660
49COMP0.0013%10.95%$725.857$111.850
50WLD0.0013%10.95%$41.629.081$6.572.458

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.