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?
- OI-weighted funding across the book is 8.5% APR — the whole exchange leans long. Broad risk-off moves hit harder when everyone is on the same side.
Highest funding (longs pay)
SPX
11% APR
US500
5% APR
Most negative funding (shorts pay)
US500
5% APR
SPX
11% APR
Open interest leaderboard
SPX
$2.05M
US500
$1.40M
24h volume leaderboard
US500
$1.55M
SPX
$786.2K
Long/short skew & basis
| Market | 24h | Funding APR | Long / short flow | Basis (perp−oracle) | OI |
|---|
Long/short flow is estimated from funding pressure; Hyperliquid does not publish account-level ratios.