| Exchange | Interval | APR ↓ | Rate | APR Bar |
|---|---|---|---|---|
| 1h | +11.4% | +0.0013% | ||
| 1h | +11.0% | +0.0013% | ||
| 1h | +11.0% | +0.0013% | ||
| 8h | +10.9% | +0.0100% | ||
| 1h | +10.9% | +0.0012% | ||
| 1h | +10.5% | +0.0012% | ||
| 8h | +5.5% | +0.0050% | ||
| 8h | +5.5% | +0.0050% | ||
| 8h | +5.5% | +0.0050% | ||
| 8h | +5.5% | +0.0050% | ||
| 8h | +5.5% | +0.0050% | ||
| 8h | +3.4% | +0.0031% | ||
| 8h | +2.1% | +0.0019% | ||
| 8h | +0.6% | +0.0005% | ||
| 8h | +0.0% | +0.0000% |
The HYPE funding rate is the periodic payment between long and short perpetual positions that helps keep perpetual prices aligned with the underlying market. Positive funding generally means longs pay shorts, while negative funding generally means shorts pay longs. Because HYPE funding can differ by venue, comparing exchanges helps show where positioning and the cost of holding a perpetual position are most one-sided.
The table compares current rates, funding intervals and annualized APR across supported exchanges. Historical funding is shown over time, while APR normalization makes HYPE funding rates easier to compare when venues use different settlement schedules.
The historical view adds HYPE funding rate history to the current market context, while the aggregate rate is weighted by open interest so larger markets have more influence. It also helps compare funding across HYPE perpetual and futures markets without treating funding as a standalone price signal.
It is the periodic payment exchanged between long and short perpetual positions. Positive rates generally mean longs pay shorts, while negative rates generally mean shorts pay longs.
Each exchange has its own market balance, funding interval and trader positioning, so the rate can differ even for the same HYPE market.
Positive HYPE funding generally means longs are paying shorts, while negative HYPE funding generally means shorts are paying longs. Funding can change quickly and should not be treated as a standalone price signal.
A HYPE perpetual funding rate applies specifically to a perpetual HYPE contract. A HYPE futures funding rate may be used as broader wording, but this page focuses on perpetual markets.
The HYPE funding chart shows how funding has changed over time. The HYPE funding rate chart helps compare the current reading with earlier periods.
HYPE funding rate history provides context for persistent positive or negative funding. HYPE funding history can show how market positioning has shifted over time, but it does not predict future price direction.