GMX funding rate on Hyperliquid

Price 8.5009 · open interest $1.08M · funding is paid every hour

Funding now, per hour
0.0013%
10.9% APR · longs pay
Next payment
in 1m
Hyperliquid pays funding every hour
Binance / Bybit, APR
1.3% / 6.4%
Hyperliquid − Binance: +9.6%
Average over 7 days, APR
—
24h — · 30d —

Funding by hour, 7 days

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GMX funding: questions and answers

What is the GMX funding rate on Hyperliquid now?

0.0013% per hour, or 10.9% APR: longs pay shorts. The next payment is in 1m; funding on Hyperliquid is paid every hour.

How does GMX funding on Hyperliquid compare with Binance and Bybit?

Binance: 1.3% APR (paid every 8 h), Bybit: 6.4% APR. The difference between Hyperliquid and Binance is +9.6% per year.

What has GMX funding been on average?

On Hyperliquid: — APR over 24 hours, — over 7 days and — over 30 days.

What does high or negative GMX funding mean?

High funding means the market is crowded with longs: holding a long is expensive and a fall can trigger a long squeeze. Negative funding means crowded shorts. Check who exactly is positioned and where their liquidations are on the whale positions page and the liquidation map.