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MORPHO — funding rate on Hyperliquid
Hyperliquid · MORPHO-0.005%per 1h · -0.005%/hlongs receive
last settlement-0.004%→upcoming payout-0.005%• unchanged
1:44:41settlement
0calmheat
Price (mark)
1.9451
-0.2% 24h
Vol 24h
$925K
Open interest
$4.0M
Price move in 2 min
—
avg 7d
-0.003%/h
avg 30d
-0.000%/h
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (1h)
- $0.12 · $0.12/hour
- Net snipe per settlement
- $-3.88 = 0.005% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.03×needs 0.160%+ per settlement
- Liquidation price
- 1.5658 (−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 · 696 settlements
avg 7d -0.003%/havg 30d -0.000%/h
MORPHO on 5 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Bybit | -0.048% / 4h | -0.012%/h | longs | -0.112% |
| Hyperliquid ← you are here | -0.005% / 1h | -0.005%/h | longs | -0.155% |
| OKX | -0.010% / 4h | -0.003%/h | longs | -0.150% |
| Binance | -0.010% / 4h | -0.002%/h | longs | -0.150% |
| Bitget | -0.018% / 8h | -0.002%/h | longs | -0.142% |
Bybit-0.012%/h
longsrate -0.048% / 4hsnipe -0.112%
Hyperliquid← you are here-0.005%/h
longsrate -0.005% / 1hsnipe -0.155%
OKX-0.003%/h
longsrate -0.010% / 4hsnipe -0.150%
Binance-0.002%/h
longsrate -0.010% / 4hsnipe -0.150%
Bitget-0.002%/h
longsrate -0.018% / 8hsnipe -0.142%
Max spread across exchanges: +0.010%/h
Rates across exchangesPRO · open for now
5 exchanges on one timeline
Bitgetevery 8hOKXevery 4hBinanceevery 4hHyperliquidevery 1hBybitevery 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
0.0044%/h
widest spread
0.0528%/h
25.07 09:00 · Bitget ↔ Hyperliquid
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 long 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 long 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.