HYPE funding rate on Decibel

Funding APR
+10.51%
0.0012% / 1h
Interval
1h
next 15:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
26
listing this pair

Over the last 30 days, HYPE funding on Decibel averaged +13.6% APR and stayed positive 99% of the time, ranging from -10.4% to +160.9%. Right now it pays longs pay shorts at +10.5% APR, settled every 1h across 26 venues we track. The most reliable delta-neutral pairing for HYPE right now is long Hibachi / short Phoenix at +43.5% net APR (medium risk, ~0.7d to break even).

as of 2026-09-12 14:08 UTC

HYPE funding history on Decibellast 30d

30d average
+13.61%
Range
-10% / 161%
% positive
99%
Volatility
12.9
Best delta-neutral pairing
Long Hibachi / Short Phoenix
+43.5% net APR
Backtested (30d)
+10.8%
Stability
84.9%
Risk
medium
Breakeven
~0.7d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How HYPE funding compares across venues

ExchangeFunding APR
Phoenix+22.92%
Kraken+22.31%
RiseX+21.35%
Extended+11.39%
Pacifica+10.95%
Variational+10.95%
Grvt+10.95%
Arcus+10.95%
Aster+10.95%
Bulk+10.95%
Nado+10.95%
Katana+10.93%
Decibel+10.51%
Lighter+9.64%
HotStuff+8.76%
Lighter RH+7.88%
TxFlow+7.56%
Paradex+5.32%
SoDEX+0.06%
dYdX+0.00%
Perpl+0.00%
n1xyz-3.50%
Hyperliquid-5.10%
Ondo-6.57%
Polymarket-11.73%
Hibachi-32.52%

Frequently asked

What is the current HYPE funding rate on Decibel?

HYPE on Decibel is funding at 10.51% APR (0.0012% every 1h), paid longs pay shorts, as of 2026-09-12 14:08 UTC.

How often does Decibel pay funding on HYPE?

Every 1 hour.

How do I earn HYPE funding without price risk?

Open a delta-neutral position: long Hibachi and short Phoenix, currently 43.5% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy