OP funding rate on Hyperliquid

Funding APR
+10.95%
0.0013% / 1h
Interval
1h
next 12:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
10
listing this pair

Over the last 30 days, OP funding on Hyperliquid averaged -3.3% APR and stayed positive 60.6% of the time, ranging from -110.5% to +10.9%. Right now it pays longs pay shorts at +10.9% APR, settled every 1h across 10 venues we track. The most reliable delta-neutral pairing for OP right now is long Variational / short SoDEX at +36.5% net APR (low risk, ~0.8d to break even).

as of 2026-09-12 11:04 UTC

OP funding history on Hyperliquidlast 30d

30d average
-3.28%
Range
-110% / 11%
% positive
60.6%
Volatility
19.7
Best delta-neutral pairing
Long Variational / Short SoDEX
+36.5% net APR
Backtested (30d)
+12.9%
Stability
87.2%
Risk
low
Breakeven
~0.8d

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

Open this trade
Watch OP on Telegram

Not ready to trade? Get a Telegram ping when OP's delta-neutral funding APR spikes — no sign-up, no wallet needed. The bot confirms your exact watch level.

How OP funding compares across venues

ExchangeFunding APR
Kraken+33.36%
Hyperliquid+10.95%
TxFlow+10.95%
Aster+10.95%
Grvt+10.95%
SoDEX+10.95%
Lighter+10.51%
Extended+8.76%
dYdX+0.00%
Variational-30.03%

Frequently asked

What is the current OP funding rate on Hyperliquid?

OP on Hyperliquid is funding at 10.95% APR (0.0013% every 1h), paid longs pay shorts, as of 2026-09-12 11:04 UTC.

How often does Hyperliquid pay funding on OP?

Every 1 hour.

How do I earn OP funding without price risk?

Open a delta-neutral position: long Variational and short SoDEX, currently 36.5% net APR (low risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy