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?
- STRK funding is 82% APR. Why so high? Perp longs outweigh shorts so badly that longs pay a premium every hour to keep the position. It usually means late-stage chasing — either spot buyers confirm the move, or the crowd gets flushed.
- LIT funding is -24% 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 10.8% APR — the whole exchange leans long. Broad risk-off moves hit harder when everyone is on the same side.
Highest funding (longs pay)
STRK
82% APR
BTC
11% APR
ETH
11% APR
HYPE
11% APR
ZEC
11% APR
NEAR
11% APR
PUMP
11% APR
XRP
11% APR
Most negative funding (shorts pay)
LIT
-24% APR
SOL
9% APR
ARB
11% APR
kPEPE
11% APR
UNI
11% APR
ONDO
11% APR
VVV
11% APR
XPL
11% APR
Open interest leaderboard
BTC
$3.42B
ETH
$2.66B
HYPE
$1.64B
ZEC
$622.32M
SOL
$589.13M
NEAR
$339.01M
XRP
$248.86M
PUMP
$167.37M
24h volume leaderboard
BTC
$4.25B
ETH
$1.91B
HYPE
$583.80M
ZEC
$454.09M
SOL
$336.71M
NEAR
$308.22M
PUMP
$145.10M
XRP
$91.54M
Long/short skew & basis
| Market | 24h | Funding APR | Long / short flow | Basis (perp−oracle) | OI |
|---|---|---|---|---|---|
| STRKCrypto | +12.5% | 82% | 1.89:1 | 0.057% | $52.90M |
| BTCCrypto | +0.9% | 11% | 1.29:1 | -0.011% | $3.42B |
| ETHCrypto | +1.0% | 11% | 1.29:1 | -0.029% | $2.66B |
| HYPECrypto | +1.8% | 11% | 1.29:1 | -0.053% | $1.64B |
| ZECCrypto | +8.2% | 11% | 1.29:1 | 0.000% | $622.32M |
| NEARCrypto | +10.9% | 11% | 1.29:1 | -0.031% | $339.01M |
| PUMPCrypto | −4.0% | 11% | 1.29:1 | -0.088% | $167.37M |
| XRPCrypto | +0.7% | 11% | 1.29:1 | -0.026% | $248.86M |
| ENACrypto | +6.0% | 11% | 1.29:1 | 0.028% | $114.65M |
| ZROCrypto | +15.2% | 11% | 1.29:1 | 0.199% | $90.33M |
| WLDCrypto | +3.2% | 11% | 1.29:1 | -0.016% | $69.59M |
| SUICrypto | +2.5% | 11% | 1.29:1 | -0.015% | $64.64M |
| XPLCrypto | +6.9% | 11% | 1.29:1 | 0.005% | $64.00M |
| VVVCrypto | +8.5% | 11% | 1.29:1 | 0.053% | $75.00M |
| ONDOCrypto | +6.3% | 11% | 1.29:1 | 0.025% | $42.87M |
| UNICrypto | +4.4% | 11% | 1.29:1 | -0.007% | $70.94M |
| kPEPECrypto | +0.8% | 11% | 1.29:1 | 0.000% | $27.55M |
| ARBCrypto | +7.4% | 11% | 1.29:1 | -0.031% | $18.69M |
| SOLCrypto | +1.2% | 9% | 1.25:1 | -0.050% | $589.13M |
| LITCrypto | −1.9% | -24% | 0.44:1 | -0.074% | $130.85M |
Long/short flow is estimated from funding pressure; Hyperliquid does not publish account-level ratios.