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OP — funding rate on Hyperliquid
Hyperliquid · OP-0.001%per 1h · -0.001%/hlongs receive
last settlement-0.000%→upcoming payout-0.001%• unchanged
5:09settlement
0calmheat
Price (mark)
0.13208
+5.5% 24h
Vol 24h
$1.5M
Open interest
$3.9M
Price move in 2 min
—
avg 7d
+0.001%/h
avg 30d
-0.000%/h
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (1h)
- $0.03 · $0.03/hour
- Net snipe per settlement
- $-3.97 = 0.001% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.01×needs 0.160%+ per settlement
- Liquidation price
- 0.106324 (−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 · 750 settlements
OP on 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Hyperliquid ← you are here | -0.001% / 1h | -0.001%/h | longs | -0.159% |
| Bybit | +0.010% / 8h | +0.001%/h | shorts | -0.150% |
| Bitget | +0.010% / 8h | +0.001%/h | shorts | -0.150% |
| Binance | +0.006% / 8h | +0.001%/h | shorts | -0.154% |
Hyperliquid← you are here-0.001%/h
longsrate -0.001% / 1hsnipe -0.159%
Bybit+0.001%/h
shortsrate +0.010% / 8hsnipe -0.150%
Bitget+0.001%/h
shortsrate +0.010% / 8hsnipe -0.150%
Binance+0.001%/h
shortsrate +0.006% / 8hsnipe -0.154%
Max spread across exchanges: +0.003%/h
OP across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
4 exchanges on one timeline
Bybitevery 8hBitgetevery 8hBinanceevery 8hHyperliquidevery 1hrate 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
0.0001%/h
widest spread
0.0071%/h
22.09 11:00 UTC · Bybit ↔ 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.