HYPE$88.18-4.17%Market Cap$22.25B
Circulating Supply253,511,330
Total Supply950,412,173
WebsiteWebsiteWhitepaper
Explorersapp.hyperliquid.xyz
HYPE$88.18-4.17%| Exchanges | Funding Rate | APR | 1D Accumulated | Next Funding | Interval | |
|---|---|---|---|---|---|---|
| ΣOI-Weighted | +0.0068% | +14.97% | +0.0544% | 03:39:13 | 4h | |
| HHyperliquid | +0.0024% | +21.06% | +0.0793% | 00:39:13 | 1h | |
| GGate | +0.0050% | +10.95% | +0.0300% | 03:39:13 | 4h | Trade |
| BBinance | +0.0050% | +10.95% | +0.0300% | 03:39:13 | 4h | Trade |
| BBybit | +0.0100% | +10.95% | +0.0116% | 03:39:13 | 8h | Trade |
| BBitget | +0.0050% | +10.95% | +0.0300% | 03:39:13 | 4h | Trade |
| OOKX | +0.0100% | +10.95% | +0.0300% | 03:39:13 | 8h | Trade |
| MMEXC | +0.0050% | +10.95% | +0.0300% | 03:39:13 | 4h | Trade |
| WWhiteBIT | +0.0050% | +10.95% | +0.0300% | 03:39:13 | 4h | |
| KKuCoin | +0.0050% | +10.95% | +0.0300% | 03:39:13 | 4h | Trade |
| BBingX | +0.0040% | +8.76% | +0.0055% | 03:39:13 | 4h | |
| LLighter | +0.0019% | +16.64% | +0.0288% | 00:39:13 | 1h | |
| KKraken | +0.0055% | +47.98% | +0.0646% | 00:39:13 | 1h | |
| AAster | +0.0050% | +10.95% | +0.0300% | 03:39:13 | 4h | |
| HHTX | +0.0050% | +5.47% | +0.0150% | — | — | Trade |
| CCrypto.com | +0.0057% | +49.66% | +0.2363% | 00:39:13 | 1h |
Rates are per settlement interval (1h/4h/8h depending on exchange) and APR annualizes the current rate at that interval. The Accumulated column sums the rate at each settlement over the selected window (1Y uses exchange-reported yearly accumulation). Live rates update about every 10 seconds.
How to read the colors: funding reflects positioning and the cost of leverage, not price direction. Funding is the fee longs pay shorts (negative means shorts pay longs). Green = funding below the neutral baseline (~0.01% per 8h): holding longs is cheap and the market is not crowded long. Gray = the neutral zone around baseline. Red = elevated funding: longs are crowded and paying up, with deeper red meaning a more extreme premium. The Accumulated column is colored by its per-settlement average, so it reads on the same scale as the live rate. Green funding while price falls = no euphoria and longs are cheap to hold — often a constructive contrarian signal. Red funding while price rises = crowded leveraged longs paying high fees — a setup vulnerable to long squeezes.
The current HYPE USDT perpetual funding rate (4h, OI-weighted) is +0.0137%, meaning longs are paying shorts right now. Across the 15 exchanges reporting a rate, it ranges from +0.0019% on Lighter to +0.0100% on OKX — a spread that shows how positioning differs venue by venue. A positive rate is typical when perpetual contracts trade at or above the spot price and long positioning dominates. Learn more about how funding rates work →
See the live funding rate matrix for every exchange →
The Hyperliquid funding rate (HYPE funding rate) is the periodic payment exchanged between longs and shorts on HYPE perpetual futures. This page charts the OI-weighted Hyperliquid perpetual funding rate (HYPE perpetual funding rate) against price, plus each exchange's current rate, accumulated funding from one day out to one year, and the countdown to its next settlement.
The headline rate weights every venue by its share of HYPE open interest, so large markets move the aggregate more than small ones. Venues reporting no data are excluded and figures refresh continuously.
On an OI-weighted basis, HYPE funding currently sits at +0.0137% — traders holding longs pay shorts until the next settlement (settled every 4 hours on most venues).
OKX currently prints the highest HYPE rate at +0.0100%; Lighter sits lowest at +0.0019%. Every venue's current and accumulated rate is listed in the table below.
Settlement schedules differ by venue — from every hour to every 8 hours. The countdown to each exchange's next settlement runs in the table below.
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