HYPE funding rates

HYPE funding is +0.0050% per 4h on Aster right now, +11.0% annualized; 12 exchanges quote the perpetual.

Rates by exchange

live
ExchangeMarkIndexMark vs indexFundingAPRIntervalNext settlement
Aster77.966477.9933-0.0345%+0.0050%+11.0%4h11:59 AM UTC
Binance77.973077.9913-0.0235%+0.0050%+11.0%4h11:59 AM UTC
BingX77.948077.9810-0.0423%+0.0050%+11.0%4h11:59 AM UTC
Bitget77.970077.9872-0.0221%+0.0050%+11.0%4h11:59 AM UTC
Bybit USDC77.891077.9040-0.0167%+0.0050%+11.0%4h11:59 AM UTC
Hyperliquid77.861077.8835-0.0289%+0.0013%+11.0%1h11:59 AM UTC
KuCoin77.949077.9780-0.0372%+0.0050%+11.0%4h11:59 AM UTC
LBank77.969077.9830-0.0180%+0.0050%+11.0%4h11:59 AM UTC
MEXC USDC77.875077.9900-0.1475%+0.0050%+11.0%4h11:59 AM UTC
MEXC USDT77.957077.9860-0.0372%+0.0050%+11.0%4h11:59 AM UTC
Lighter77.977977.9903-0.0159%+0.0012%+10.5%1h11:59 AM UTC
Gate77.959077.9860-0.0346%+0.0041%+9.0%4h11:59 AM UTC
Bybit USDT77.951077.9870-0.0462%+0.0035%+3.8%8h03:59 PM UTC
OKX77.962077.9880-0.0333%+0.0030%+3.3%8h03:59 PM UTC

Top pairings for HYPE

LongShortKindFunding / 24h
Hyperliquid perp 77.8700Lighter perp 77.9779perp-perp-0.001%Open in scanner
MEXC perp 77.8750Lighter perp 77.9779perp-perp-0.001%Open in scanner
Binance spot 77.9200Lighter perp 77.9779spot-perp+0.029%Open in scanner
OKX spot 77.9090Lighter perp 77.9779spot-perp+0.029%Open in scanner
Bybit perp 77.9510OKX margin 77.9880hedge-0.013%Open in scanner

213 pairings in the scanner

See every pairing live

The scanner ranks every route by net spread through the order book, after both legs’ fees, with alerts to Telegram and a trade journal. The first week is free.

Open the scanner

The table shows every exchange where HYPE trades as a perpetual: the rate per settlement, the same rate annualized, the settlement interval and when the next one is. The numbers are the exchanges’ own, read live, not a snapshot from an hour ago.

A positive rate is paid by longs to shorts, a negative one the other way round. The annualized figure assumes the rate stays put for a year, which it never does — it is a way to compare exchanges with different intervals, not a forecast.

The highest and the lowest rate across exchanges are what a funding spread is made of: short where longs pay the most, long where they pay the least, and collect the difference every settlement — minus the cost of entering both legs.

FAQ

What is a funding rate?

A periodic payment between long and short holders of a perpetual that keeps its price near the spot price. Positive: longs pay shorts; negative: shorts pay longs.

How is the annualized rate computed?

The rate per settlement times the number of settlements in a year — 2190 for an 4h interval — in percent. It is a comparison figure, not a forecast.

Why does the rate differ between exchanges?

Each exchange computes its own rate from its own order flow and interval. The differences are what funding arbitrage lives on.

How to read this