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Hyperliquid Strategies Inc (PURR) Funding Rate

PURRPURR$9.33+3.78%LongShort
PURRPURR$9.33+3.78%
Website—
Industry—
Employees—
Founded—
CIK—

Derivatives (24h)

BuySell
Open Interest+6.25%$11.87M
Futures Volume-5.43%$2.91M
Liquidation+122.50%$6.84K
Long Liquidation+122.50%$6.84K
Short Liquidation—$0.00

Long/Short (24h)

LongShort
PURR Long/Short All0.941
OKX Long/Short0.892
Bybit Long/Short0.978
Hyperliquid Long/Short0.966
Bitget Long/Short0.747

Funding Rate

PURR OI-Weighted (8h)+0.0087%
OKX PURR/USDT (8h)0.0000%
Bybit PURR/USDT (8h)0.0000%
Hyperliquid PURR/USD (1h)+0.0013%
HTX PURR/USDT (—)0.0000%
Current FundingOpen-interest-weighted average of the current funding rate across all exchanges (each exchange weighted by its open interest, shown per the coin's common settlement interval). Positive = longs pay shorts. Learn more →+0.0087%/8h
Annualized · APR+9.54%
Next Funding—
Funding Accum · 1D—
NEUTRAL FUNDINGFunding near baseline — balanced positioningAutomated rule-based market summary, for informational purposes only. Not financial advice.

PURR Funding Rate Chart · Perpetual · Aggregated

Funding Rate · per 8hpositive · longs pay shortsnegative · shorts pay longsPURR price
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View PURR liquidation heatmap →Where leveraged longs and shorts get liquidated · Binance, Bybit, OKX, Hyperliquid and more

Exchanges PURR Funding Rates

ExchangesFunding RateAPR1D AccumulatedNext FundingInterval
ΣOI-Weighted+0.0087%+9.54%+0.0466%05:37:46 (8h)8h
HHyperliquid+0.0013%+10.95%+0.0300%00:37:46 (1h)1h
OOKX0.0000%0.00%+0.1556%05:37:46 (8h)8hTrade
BBybit0.0000%0.00%+0.2448%05:37:46 (8h)8hTrade
BBitget0.0000%0.00%+0.0556%05:37:46 (8h)8hTrade
GGate0.0000%0.00%0.0000%05:37:46 (8h)8hTrade
HHTX0.0000%0.00%0.0000%——Trade

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 PURR USDT perpetual funding rate (8h, OI-weighted) is +0.0087%, meaning longs are paying shorts right now. Across the 6 exchanges reporting a rate, it ranges from 0.0000% on OKX to +0.0013% on Hyperliquid — 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 →

About PURR funding rates

The Hyperliquid Strategies Inc funding rate (PURR funding rate) is the periodic payment exchanged between longs and shorts on PURR perpetual futures. This page charts the OI-weighted Hyperliquid Strategies Inc perpetual funding rate (PURR 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 PURR open interest, so large markets move the aggregate more than small ones. Venues reporting no data are excluded and figures refresh continuously.

Frequently asked questions

What is the PURR funding rate right now?

On an OI-weighted basis, PURR funding currently sits at +0.0087% — traders holding longs pay shorts until the next settlement (settled every 8 hours on most venues).

Which exchange has the highest PURR funding rate?

Hyperliquid currently prints the highest PURR rate at +0.0013%; OKX sits lowest at 0.0000%. Every venue's current and accumulated rate is listed in the table below.

How often is PURR funding settled?

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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