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HYPE — funding rate on Bitget

Bitget · HYPEUSDT
+0.002%per 4h · +0.001%/hshorts receive
last settlement-0.001%→upcoming payout+0.002%• unchanged
1:23:31settlement
0calmheat
Price (mark)
95.517
+0.4% 24h
Vol 24h
$85.9M
Open interest
$228.3M
Price move in 2 min
—

Price and skew

Liquidations
24h$119K
$15K longs$104K shorts
Shorts were wiped — 87% of the total. $10K over the last hour.

Entry economics

Position calculator
Position size
$2,500
Funding per settlement (4h)
$0.05 · $0.01/hour
Net snipe per settlement
$-3.95 = 0.002% − 0.110% − 0.050%
Break-even for entry
rate covers the threshold 0.01×needs 0.160%+ per settlement
Liquidation price
114.1428 (+19.50% from price)
Risk at this leverage
no volatility data
Max “green” leverage
—

Funding goes to whoever holds the position at the cut-off. MMR in the liquidation formula is +0.50%; verify the price on the exchange before trading.

Context and comparison

Funding history · 544 settlements
avg 7d +0.001%/havg 30d +0.001%/hCSV export — in PRO
HYPE on 4 exchanges

Max spread across exchanges: +0.001%/h

HYPE across all exchanges: comparison & curves →
Rates across exchangesPRO · open for now

4 exchanges on one timeline

Hyperliquidevery 1hBybitevery 8hBinanceevery 4hBitgetevery 4hrate corridor between exchanges

exchanges settle at different frequencies — an 8-hour step is bound to «lag» a 1-hour one, that's its grid, not a slower market

spread typically
0.0008%/h
widest spread
0.0140%/h
17.09 14:00 UTC · Hyperliquid ↔ Bitget

the spread is the hedge's rate before fees: that's what an hour of the pair-trade yields

How to read this
  • Snipe: enter short before the cut-off, exit after settlement. Funding goes to whoever holds the position at the cut-off. The net capture in the calculator is already net of fees and slippage — and it does not include price moving against you in the settlement window (see volatility above).
  • Hedged: a short here + an opposite position of the same size on another exchange or spot — funding capture without price risk, but four legs of fees.
  • Extreme funding is a crowd story: price often runs into the cut-off and reverses after. This is data for a decision, not a recommendation.