PUMP funding: questions and answers
What is the PUMP 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 PUMP funding on Hyperliquid compare with Binance and Bybit?
Binance: 10.9% APR (paid every 4 h). The difference between Hyperliquid and Binance is 0.0% per year.
What has PUMP funding been on average?
On Hyperliquid: 10.9% APR over 24 hours, 18.5% over 7 days and 15.9% over 30 days. Longs paid in 95% of the hours over the last 30 days.
What does high or negative PUMP 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.