HYPE funding rate on SoDEX

Funding APR
+10.95%
0.0013% / 1h
Interval
1h
next 23:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
25
listing this pair

Over the last 30 days, HYPE funding on SoDEX averaged +10.7% APR and stayed positive 97.5% of the time, ranging from -12.8% to +118.7%. Right now it pays longs pay shorts at +10.9% APR, settled every 1h across 25 venues we track. The most reliable delta-neutral pairing for HYPE right now is long n1xyz / short Phoenix at +16.3% net APR (medium risk, ~1.5d to break even).

as of 2026-09-04 22:04 UTC

HYPE funding history on SoDEXlast 30d

30d average
+10.70%
Range
-13% / 119%
% positive
97.5%
Volatility
6.7
Best delta-neutral pairing
Long n1xyz / Short Phoenix
+16.3% net APR
Backtested (30d)
+0.6%
Stability
73.2%
Risk
medium
Breakeven
~1.5d

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

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How HYPE funding compares across venues

ExchangeFunding APR
Phoenix+38.59%
Decibel+17.52%
n1xyz+17.52%
Hibachi+16.53%
Extended+11.39%
Paradex+11.01%
Hyperliquid+10.95%
Ondo+10.95%
Polymarket+10.95%
Pacifica+10.95%
Variational+10.95%
Grvt+10.95%
Arcus+10.95%
Aster+10.95%
TxFlow+10.95%
SoDEX+10.95%
Nado+10.95%
Katana+10.93%
Lighter RH+10.51%
Lighter+10.51%
dYdX+0.00%
Perpl+0.00%
RiseX-4.24%
HotStuff-8.76%
Kraken-16.29%

Frequently asked

What is the current HYPE funding rate on SoDEX?

HYPE on SoDEX is funding at 10.95% APR (0.0013% every 1h), paid longs pay shorts, as of 2026-09-04 22:04 UTC.

How often does SoDEX pay funding on HYPE?

Every 1 hour.

How do I earn HYPE funding without price risk?

Open a delta-neutral position: long n1xyz and short Phoenix, currently 16.3% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy