HYPE funding rates
HYPE perpetual funding is currently quoted across 23 venues, ranging from -13.7% to +49.1% APR. The most reliable delta-neutral pairing for HYPE right now is long Decibel / short RiseX at +37.0% net APR (low risk, ~1.9d to break even).
as of 2026-07-29 10:38 UTC
Best delta-neutral pairing
Long Decibel / Short RiseX
+37.0% net APR
- Backtested (30d)
- +0.6%
- Stability
- 74.6%
- Risk
- low
- Breakeven
- ~1.9d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeHYPE funding by exchange
| Exchange | Funding APR |
|---|---|
| RiseX | +49.08% |
| Arcus | +14.34% |
| HotStuff | +11.39% |
| Extended | +11.39% |
| Hyena | +10.95% |
| Pacifica | +10.95% |
| Grvt | +10.95% |
| Aster | +10.95% |
| SoDEX | +10.95% |
| Katana | +10.93% |
| 01xyz | +10.51% |
| Variational | +10.00% |
| Ethereal | +8.60% |
| Hibachi | +7.45% |
| Nado | +6.43% |
| Hyperliquid | +5.35% |
| Phoenix | +3.17% |
| Paradex | +1.36% |
| dYdX | +0.00% |
| Perpl | +0.00% |
| Decibel | -0.88% |
| Lighter | -6.13% |
| Kraken | -13.66% |
Frequently asked
What is the HYPE funding rate right now?
HYPE perpetual funding ranges from -13.66% to 49.08% APR across 23 exchanges we track; the widest delta-neutral spread is long Decibel / short RiseX at 37.0% net APR.
Which exchange has the highest HYPE funding rate?
RiseX currently has the highest at 49.08% APR. See the full ranking above.