BIRD (xyz) funding: questions and answers
What is the BIRD (xyz) funding rate on Hyperliquid now?
0.0005% per hour, or 4.1% APR: longs pay shorts; funding on Hyperliquid is paid every hour.
How does BIRD (xyz) funding on Hyperliquid compare with Binance and Bybit?
BIRD (xyz) is not listed on Binance.
What has BIRD (xyz) funding been on average?
On Hyperliquid: — APR over 24 hours, — over 7 days and — over 30 days.
What does high or negative BIRD (xyz) 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.