How often does Hyperliquid pay funding?

Every hour, so a Hyperliquid rate is an hourly rate. Binance and OKX settle every 8 hours on most contracts, so the same number costs about an eighth as much there. Compare how rates move across venues rather than their raw levels.

Is this the predicted rate or the settled one?

It’s the rate the venue showed at the end of the latest 5-minute bar, so until the next settlement it’s the predicted rate. The table runs 15 minutes behind the venue and refreshes every 5 minutes.

Where can I get Hyperliquid funding rate history?

Hyperliquid’s own API returns funding history 500 rows a request. Aperiodic’s funding dataset has the rate per bar from 1 minute, with how often it updated, from 2025, in the same schema as Binance and OKX.

Why is open interest in dollars?

So that contracts of different sizes add up. The 24-hour change is in contracts wherever the venue reports a count at both ends, so a falling price doesn’t look like positions closing.

Funding rates · Hyperliquid

Hyperliquid funding rates, live

The funding rate, basis and open interest of every liquid Hyperliquid perpetual, US stock perps included, sorted by how much traded in the last 24 hours. Hyperliquid pays funding every hour, so its rates are hourly.

Liquid perps: 282
Median funding, top 100: 0.0006%
Longs paying, top 100: 71%
Open interest, all perps: $12.35B

The 50 most traded Hyperliquid perps

Funding is the rate per funding period: Hyperliquid settles funding every hour. Positive means longs pay shorts. Basis is how far the perp trades from its index, in bps.

DELAYED 15 MINto 23:25 UTCUpdates by itself every 5 minutes

Perp	Funding	Basis	Open interest	OI 24h	Price 24h	Traded 24h
BTCUSDC	-0.0007%	−5.8 bps	$2.72B	+1.3%	−4.6%	$5.26B
ETHUSDC	-0.0004%	−5.2 bps	$1.38B	−2.4%	−4.6%	$1.39B
NVDAUSDC	0.0006%	+3.7 bps	$390.0M	−8.6%	−4.0%	$769.8M
HYPEUSDC	0.0013%	−3.2 bps	$1.55B	−0.2%	−1.1%	$603.6M
SP500USDC	-0.0052%	−8.5 bps	$473.5M	−2.1%	−1.0%	$555.8M
XYZ100USDC	-0.0065%	−12.3 bps	$290.3M	+27.9%	−2.3%	$554.8M
ZECUSDC	0.0010%	−4.9 bps	$370.6M	+0.7%	−2.1%	$524.7M
SOLUSDC	0.0010%	−4.8 bps	$314.0M	−1.8%	−4.7%	$392.0M
SOXLUSDC	0.0006%	+0.7 bps	$22.0M	−25.6%	−16.5%	$291.3M
SKHXUSDC	-0.0102%	−14.6 bps	$274.1M	−1.3%	−7.2%	$267.2M
SNDKUSDC	0.0009%	+2.0 bps	$93.7M	+4.7%	−9.0%	$208.4M
SILVERUSDC	0.0006%	+3.9 bps	$153.5M	−15.3%	−2.3%	$139.5M
SPCXUSDC	0.0006%	+1.5 bps	$127.0M	−4.5%	−2.7%	$139.4M
BRENTOILUSDC	0.0006%	+2.9 bps	$298.5M	−5.1%	−0.3%	$112.3M
MUUSDC	0.0018%	+4.8 bps	$146.3M	−5.4%	−5.5%	$106.5M
AMDUSDC	0.0006%	−0.8 bps	$40.8M	−35.2%	−10.4%	$100.2M
DRAMUSDC	-0.0010%	−3.6 bps	$66.6M	−9.4%	−5.8%	$97.9M
CLUSDC	0.0006%	0.0 bps	$144.1M	−17.9%	−0.3%	$96.2M
XRPUSDC	-0.0002%	−5.9 bps	$90.9M	+0.3%	−3.1%	$84.7M
SKHYUSDC	0.0006%	+0.8 bps	$111.5M	−2.5%	−6.5%	$77.7M
NEARUSDC	0.0013%	−3.9 bps	$132.3M	−1.9%	−0.1%	$70.9M
XMRUSDC	-0.0058%	−14.2 bps	$116.1M	−12.3%	−3.1%	$65.1M
TSLAUSDC	0.0006%	+4.1 bps	$41.7M	−18.2%	−2.6%	$62.5M
GOOGLUSDC	0.0006%	0.0 bps	$161.1M	−2.1%	−2.1%	$61.7M
GOLDUSDC	-0.0004%	0.0 bps	$290.3M	−3.7%	+0.1%	$60.3M
SMSNUSDC	-0.0117%	−21.9 bps	$43.9M	−9.7%	−4.9%	$53.1M
KORUUSDC	0.0013%	+3.4 bps	$6.2M	−15.7%	−10.9%	$49.0M
MSFTUSDC	0.0005%	+0.2 bps	$28.2M	+8.1%	−0.2%	$45.1M
INTCUSDC	0.0006%	+2.4 bps	$77.7M	−7.6%	−5.0%	$44.1M
NBISUSDC	0.0033%	0.0 bps	$45.5M	+5.9%	−12.9%	$43.3M
PUMPUSDC	0.0002%	−5.8 bps	$50.4M	+0.2%	−0.8%	$41.7M
CBRSUSDC	-0.0040%	−7.5 bps	$22.1M	−3.2%	−7.8%	$37.5M
CRCLUSDC	0.0003%	+3.8 bps	$87.5M	+4.7%	−4.2%	$36.9M
LITUSDC	0.0013%	−3.8 bps	$109.3M	+0.3%	+0.1%	$36.6M
METAUSDC	0.0006%	+0.9 bps	$51.0M	+2.4%	+1.9%	$31.9M
ANTUSDC	-0.0001%	−8.8 bps	$109.7M	+3.7%	−1.7%	$30.4M
KPEPEUSDC	0.0013%	0.0 bps	$47.5M	+10.7%	−3.1%	$26.4M
AAPLUSDC	0.0002%	−3.4 bps	$80.7M	−3.9%	+0.0%	$23.7M
COINUSDC	0.0006%	+6.3 bps	$17.1M	−20.4%	−3.6%	$23.7M
MSTRUSDC	0.0006%	+2.8 bps	$33.6M	−2.6%	−4.1%	$23.6M
NATGASUSDC	0.0025%	−0.6 bps	$20.6M	−27.2%	−3.5%	$22.6M
ANTHUSDC	0.0002%	−0.6 bps	$202.3M	+0.4%	−1.8%	$21.6M
EWYUSDC	0.0039%	+7.1 bps	$8.9M	−10.6%	−3.6%	$21.6M
CRWVUSDC	0.0006%	−4.2 bps	$8.2M	−0.5%	−9.0%	$20.3M
UNITREEUSDC	-0.0114%	−22.7 bps	$29.8M	−0.7%	−1.6%	$20.3M
SNXXUSDC	0.0039%	−0.3 bps	$4.3M	+10.4%	−17.6%	$19.9M
SNDKUSDC	0.0002%	+2.7 bps	$3.4M	−0.7%	−9.0%	$19.9M
AMZNUSDC	0.0006%	+2.6 bps	$22.2M	+12.2%	−1.3%	$18.5M
ENAUSDC	-0.0004%	−7.5 bps	$45.2M	−6.9%	−5.0%	$17.2M
AVAXUSDC	-0.0024%	−8.7 bps	$26.0M	+0.1%	−2.1%	$16.3M

Highest and lowest funding now

Among the 100 most traded Hyperliquid perps.

Longs pay most

Perp	Funding	Traded 24h
SNXXUSDC	0.0039%	$19.9M
EWYUSDC	0.0039%	$21.6M
PURRDATUSDC	0.0034%	$4.6M
NBISUSDC	0.0033%	$43.3M
NATGASUSDC	0.0025%	$22.6M

Shorts pay most

Perp	Funding	Traded 24h
INITUSDC	-0.0233%	$7.1M
KIOXIAUSDC	-0.0184%	$16.0M
SMSNUSDC	-0.0117%	$53.1M
UNITREEUSDC	-0.0114%	$20.3M
SKHXUSDC	-0.0102%	$267.2M

Funding history for backtests

We have funding, open interest and basis history for every perp on this page, going back to 2025.

The funding dataset records the rate as the venue published it at each moment, in 1-minute to daily bars, along with how often it updated. A backtest built on it only sees what a live strategy could have seen. Bars are timestamped by the exchange or by when the update reached us, and we never recalculate one after publishing it. Open interest and basis work the same way.

Pro keeps 5 years of history and Prime keeps all of it, including delisted perps (pricing). A free account gets every metric for 2025 on BTC, ETH, SOL and 10 RWA perps, funding included, so you can backtest on real history before you pay (funding dataset).

Questions

How often does Hyperliquid pay funding?: Every hour, so a Hyperliquid rate is an hourly rate. Binance and OKX settle every 8 hours on most contracts, so the same number costs about an eighth as much there. Compare how rates move across venues rather than their raw levels.
Is this the predicted rate or the settled one?: It’s the rate the venue showed at the end of the latest 5-minute bar, so until the next settlement it’s the predicted rate. The table runs 15 minutes behind the venue and refreshes every 5 minutes.
Where can I get Hyperliquid funding rate history?: Hyperliquid’s own API returns funding history 500 rows a request. Aperiodic’s funding dataset has the rate per bar from 1 minute, with how often it updated, from 2025, in the same schema as Binance and OKX.
Why is open interest in dollars?: So that contracts of different sizes add up. The 24-hour change is in contracts wherever the venue reports a count at both ends, so a falling price doesn’t look like positions closing.

Also live: Binance funding rates · OKX funding rates · every venue ranked together