SAGA funding rate on Hyperliquid

Funding APR
+27.58%
0.0031% / 8h
Interval
8h
next 16:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
5
listing this pair

Over the last 30 days, SAGA funding on Hyperliquid averaged +65.6% APR and stayed positive 100% of the time, ranging from +9.7% to +626.7%. Right now it pays longs pay shorts at +27.6% APR, settled every 8h across 5 venues we track. The most reliable delta-neutral pairing for SAGA right now is long Kraken / short Hyperliquid at +361.6% net APR (high risk, ~2.1d to break even).

as of 2026-07-29 10:02 UTC

SAGA funding history on Hyperliquidlast 30d

30d average
+65.62%
Range
10% / 627%
% positive
100%
Volatility
130.0
Best delta-neutral pairing
Long Kraken / Short Hyperliquid
+361.6% net APR
Backtested (30d)
+83.9%
Stability
82.7%
Risk
high
Breakeven
~2.1d

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

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How SAGA funding compares across venues

ExchangeFunding APR
Hyperliquid+27.58%
dYdX+10.95%
Variational+10.95%
Aster+3.36%
Kraken-358.26%

Frequently asked

What is the current SAGA funding rate on Hyperliquid?

SAGA on Hyperliquid is funding at 27.58% APR (0.0031% every 8h), paid longs pay shorts, as of 2026-07-29 10:02 UTC.

How often does Hyperliquid pay funding on SAGA?

Every 8 hours.

How do I earn SAGA funding without price risk?

Open a delta-neutral position: long Kraken and short Hyperliquid, currently 361.6% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy