Hyperliquid Funding Rates Dashboard
Funding is how perpetual futures stay anchored to spot, and on Hyperliquid it is paid every hour. WhaleMirror ranks every market by annualised funding, shows both the most positive and most negative tails, and explains what the extremes say about positioning.
Open the Funding Dashboard →How funding works on Hyperliquid
When the perp trades above the oracle price, longs pay shorts; when it trades below, shorts pay longs. Hyperliquid settles funding hourly rather than every eight hours.
Annualising the hourly rate (APR) makes markets comparable and shows how expensive it is to hold a position over time.
What the funding dashboard shows
Funding APR rankings for both tails, open interest and 24h volume leaderboards, long/short skew and basis for every market — crypto, US stock perps, indices, commodities and prediction markets.
AI notes explain the extremes, for example when funding is stretched but open interest is falling.
Reading funding extremes
Persistently high positive funding means longs are crowded and paying up — fuel for a long squeeze if price stalls.
Deeply negative funding with rising open interest can set up a short squeeze. The Screener flags these combinations automatically.
Frequently asked questions
How often is funding paid on Hyperliquid?
Every hour. WhaleMirror also shows the annualised rate (APR) so markets can be compared directly.
Which Hyperliquid market has the highest funding?
It changes constantly — the WhaleMirror Funding dashboard ranks all markets by current funding APR, both positive and negative.
Can I use Hyperliquid funding for arbitrage?
Funding-rate strategies hedge a perp position against spot or another venue to collect funding. The dashboard helps spot candidates; execution risk and costs are your own.
Related guides
Last updated 2026-09-24. Data from Hyperliquid public APIs. Not financial advice.