MORPHO funding rate on Hyperliquid

Funding APR
-6.09%
-0.0007% / 8h
Interval
8h
next 16:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
9
listing this pair

Over the last 30 days, MORPHO funding on Hyperliquid averaged -1.4% APR and stayed positive 70.2% of the time, ranging from -493.5% to +28.5%. Right now it pays shorts pay longs at -6.1% APR, settled every 8h across 9 venues we track. The most reliable delta-neutral pairing for MORPHO right now is long Grvt / short Lighter at +114.8% net APR (medium risk, ~0.4d to break even).

as of 2026-07-29 10:36 UTC

MORPHO funding history on Hyperliquidlast 30d

30d average
-1.43%
Range
-493% / 29%
% positive
70.2%
Volatility
32.2
Best delta-neutral pairing
Long Grvt / Short Hyperliquid
+99.1% net APR
Backtested (30d)
+23.5%
Stability
74.5%
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 MORPHO funding compares across venues

ExchangeFunding APR
Variational+10.95%
Aster+10.95%
Paradex+8.86%
Lighter+4.38%
dYdX+0.00%
Hyperliquid-6.09%
Phoenix-21.77%
Grvt-114.97%
Kraken-196.43%

Frequently asked

What is the current MORPHO funding rate on Hyperliquid?

MORPHO on Hyperliquid is funding at -6.09% APR (-0.0007% every 8h), paid shorts pay longs, as of 2026-07-29 10:36 UTC.

How often does Hyperliquid pay funding on MORPHO?

Every 8 hours.

How do I earn MORPHO funding without price risk?

Open a delta-neutral position: long Grvt and short Hyperliquid, currently 99.1% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy