HYPE funding: questions and answers
What is the HYPE 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 HYPE funding on Hyperliquid compare with Binance and Bybit?
HYPE is not listed on Binance.
What has HYPE funding been on average?
On Hyperliquid: 10.0% APR over 24 hours, 8.3% over 7 days and 9.3% over 30 days. Longs paid in 90% of the hours over the last 30 days.
What does high or negative HYPE 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.