Funding Dashboard
The cost of leverage across the whole exchange: who's paying, who's getting paid, and where positioning is stretched.
AI analysis — why is funding where it is?
- ACE funding is -1472% APR — shorts are paying to stay short. If price refuses to break down, this is the fuel short squeezes are made of.
- OI-weighted funding across the book is near neutral (3.9% APR) — leverage is balanced; moves are more likely spot-driven.
Highest funding (longs pay)
FARTCOIN
21% APR
BTC
11% APR
HYPE
11% APR
PUMP
11% APR
XMR
11% APR
CHIP
11% APR
CASHCAT
11% APR
WLD
11% APR
Most negative funding (shorts pay)
ACE
-1472% APR
KAITO
-90% APR
BNB
-45% APR
kPEPE
-28% APR
XRP
-15% APR
LIT
-14% APR
LINK
-9% APR
ETH
-7% APR
Open interest leaderboard
BTC
$2.80B
ETH
$1.64B
HYPE
$1.27B
SOL
$381.14M
ZEC
$196.94M
XRP
$113.09M
PUMP
$89.91M
LIT
$83.37M
24h volume leaderboard
BTC
$253.42M
ETH
$148.92M
HYPE
$79.58M
SOL
$23.47M
PUMP
$22.33M
LINK
$12.43M
KAITO
$11.80M
ZEC
$10.99M
Long/short skew & basis
| Market | 24h | Funding APR | Long / short flow | Basis (perp−oracle) | OI |
|---|---|---|---|---|---|
| BTCCrypto | −0.0% | 11% | 1.29:1 | -0.039% | $2.80B |
| HYPECrypto | +1.3% | 11% | 1.29:1 | 0.044% | $1.27B |
| PUMPCrypto | −2.9% | 11% | 1.29:1 | 0.000% | $89.91M |
| ZECCrypto | −1.1% | 9% | 1.24:1 | -0.035% | $196.94M |
| SOLCrypto | −0.3% | -7% | 0.83:1 | -0.049% | $381.14M |
| ETHCrypto | −0.2% | -7% | 0.81:1 | -0.059% | $1.64B |
| LINKCrypto | −1.4% | -9% | 0.77:1 | -0.073% | $43.80M |
| KAITOCrypto | −7.2% | -90% | 0.20:1 | -0.148% | $6.60M |
Long/short flow is estimated from funding pressure; Hyperliquid does not publish account-level ratios.