HYPE funding rates

HYPE perpetual funding is currently quoted across 26 venues, ranging from -19.8% to +19.3% APR. The most reliable delta-neutral pairing for HYPE right now is long Hibachi / short Variational at +30.5% net APR (low risk, ~0.1d to break even).

as of 2026-10-27 20:34 UTC
Best delta-neutral pairing
Long Hibachi / Short Variational
+30.5% net APR
Backtested (30d)
+6.1%
Stability
94.3%
Risk
low
Breakeven
~0.1d

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

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HYPE funding by exchange

ExchangeFunding APR
n1xyz+19.27%
Kraken+16.71%
Extended+11.39%
Hyperliquid+10.95%
Ondo+10.95%
Pacifica+10.95%
Polymarket+10.95%
Variational+10.95%
Arcus+10.95%
SoDEX+10.95%
PopDEX+10.95%
TxFlow+10.95%
Bulk+10.95%
Katana+10.83%
Phoenix+10.76%
Nado+10.48%
Lighter RH+9.64%
RiseX+8.26%
Grvt+5.26%
Aster+5.22%
Paradex+4.37%
Decibel+3.50%
dYdX+1.32%
Perpl+0.00%
Lighter-8.76%
Hibachi-19.82%

Frequently asked

What is the HYPE funding rate right now?

HYPE perpetual funding ranges from -19.82% to 19.27% APR across 26 exchanges we track; the widest delta-neutral spread is long Hibachi / short Variational at 30.5% net APR.

Which exchange has the highest HYPE funding rate?

n1xyz currently has the highest at 19.27% APR. See the full ranking above.