MINA funding: questions and answers
What is the MINA funding rate on Hyperliquid now?
-0.0017% per hour, or -15.3% APR: shorts pay longs. The next payment is in 1m; funding on Hyperliquid is paid every hour.
How does MINA funding on Hyperliquid compare with Binance and Bybit?
Binance: 8.2% APR (paid every 8 h), Bybit: 10.9% APR. The difference between Hyperliquid and Binance is -23.5% per year.
What has MINA funding been on average?
On Hyperliquid: — APR over 24 hours, — over 7 days and — over 30 days.
What does high or negative MINA 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.