INIT funding rate on Hyperliquid

Funding APR
+10.95%
0.0013% / 8h
Interval
8h
next 00:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
4
listing this pair

Over the last 30 days, INIT funding on Hyperliquid averaged +1.9% APR and stayed positive 73.9% of the time, ranging from -154.5% to +10.9%. Right now it pays longs pay shorts at +10.9% APR, settled every 8h across 4 venues we track. The most reliable delta-neutral pairing for INIT right now is long Kraken / short Hyperliquid at +4345.2% net APR (high risk, ~0.7d to break even).

as of 2026-06-13 17:48 UTC

INIT funding history on Hyperliquidlast 30d

30d average
+1.89%
Range
-155% / 11%
% positive
73.9%
Volatility
16.3
Best delta-neutral pairing
Long Kraken / Short Hyperliquid
+4345.2% net APR
Backtested (30d)
-268.0%
Stability
76.2%
Risk
high
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 INIT funding compares across venues

ExchangeFunding APR
Hyperliquid+10.95%
Variational+10.95%
Aster+10.95%
Kraken-4355.57%

Frequently asked

What is the current INIT funding rate on Hyperliquid?

INIT on Hyperliquid is funding at 10.95% APR (0.0013% every 8h), paid longs pay shorts, as of 2026-06-13 17:48 UTC.

How often does Hyperliquid pay funding on INIT?

Every 8 hours.

How do I earn INIT funding without price risk?

Open a delta-neutral position: long Kraken and short Hyperliquid, currently 4345.2% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy