TRX funding: questions and answers
What is the TRX funding rate on Hyperliquid now?
-0.0009% per hour, or -7.9% APR: shorts pay longs. The next payment is in 1m; funding on Hyperliquid is paid every hour.
How does TRX funding on Hyperliquid compare with Binance and Bybit?
Binance: -29.5% APR (paid every 8 h), Bybit: -23.8% APR. The difference between Hyperliquid and Binance is +21.6% per year.
What has TRX funding been on average?
On Hyperliquid: -21.8% APR over 24 hours, -16.7% over 7 days and -8.7% over 30 days. Longs paid in 52% of the hours over the last 30 days.
What does high or negative TRX 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.