CASHCAT — funding rate on Hyperliquid

Hyperliquid · CASHCAT

+0.010%per 1h · +0.010%/hshorts receive

last settlement+0.005%→upcoming payout+0.010%• unchanged

20:22settlement

0calmheat

Price (mark)

0.035768

-29.5% 24h

Vol 24h

$9.2M

Open interest

$7.0M

Price move in 2 min

—

avg 7d

+0.013%/h

avg 30d

+0.023%/h

Entry economics

Position calculator

Margin, USDe.g. “500”Leverage · max 3xe.g. “5”Fees per side, %

takermaker

Position size: $1,500
Funding per settlement (1h): $0.14 · $0.14/hour
Net snipe per settlement: $-2.26 = 0.010% − 0.110% − 0.050%
Break-even for entry: rate covers the threshold 0.06×needs 0.160%+ per settlement
Liquidation price: 0.047512 (+32.83% 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.

Settlement window · facts (1)

before cut-off · 15m

avg-0.74%

max-0.74%

after · 15m

avg+0.76%

max+0.76%

Funding history · 383 settlements

avg 7d +0.013%/havg 30d +0.023%/h

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.