IO funding rate on Hyperliquid

Funding APR
-38.68%
-0.0044% / 8h
Interval
8h
next 16:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
5
listing this pair

Over the last 30 days, IO funding on Hyperliquid averaged -1.6% APR and stayed positive 65% of the time, ranging from -110.2% to +10.9%. Right now it pays shorts pay longs at -38.7% APR, settled every 8h across 5 venues we track. The most reliable delta-neutral pairing for IO right now is long Hyperliquid / short Variational at +31.8% net APR (low risk, ~2.5d to break even).

as of 2026-07-29 10:38 UTC

IO funding history on Hyperliquidlast 30d

30d average
-1.65%
Range
-110% / 11%
% positive
65%
Volatility
19.8
Best delta-neutral pairing
Long Hyperliquid / Short Variational
+31.8% net APR
Backtested (30d)
-7.3%
Stability
74.3%
Risk
low
Breakeven
~2.5d

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

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How IO funding compares across venues

ExchangeFunding APR
dYdX+10.95%
Variational+10.95%
Aster+10.95%
Hyperliquid-38.68%
Kraken-187.71%

Frequently asked

What is the current IO funding rate on Hyperliquid?

IO on Hyperliquid is funding at -38.68% APR (-0.0044% every 8h), paid shorts pay longs, as of 2026-07-29 10:38 UTC.

How often does Hyperliquid pay funding on IO?

Every 8 hours.

How do I earn IO funding without price risk?

Open a delta-neutral position: long Hyperliquid and short Variational, currently 31.8% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy