ArbTide

S Funding Rate on Hyperliquid

Live

As of 2026-10-03 17:09 UTC, the S perpetual on Hyperliquid pays -0.0021% per 1h, -0.0167% per 8 hours (-18.31% APR), so shorts pay longs. That is the 20th highest of 22 exchanges shown, against a volume-weighted average of 0.0050% per 8 hours (5.47% APR). Over the last 7 days Hyperliquid averaged -0.0013% per 8 hours (-1.42% APR). The next funding is at 2026-10-03 18:00 UTC.

Rate per 1h
-0.0021%
Same rate per 8h
-0.0167%
7-day average per 8h
-0.0013%
Next funding
2026-10-03 18:00 UTC
Rank
20 of 22

S funding on Hyperliquid, per 8h

S funding on Hyperliquid, per 8 hours, hourly, last 7 days-0.0600%-0.0400%-0.0200%0.0000%0.0200%13:0020:0003:0010:0017:00HW 0.0100%LW -0.0416%-0.0180%

Compare Hyperliquid with other exchanges over 7 or 30 days

S funding arbitrage with Hyperliquid

LongHyperliquid-0.0021%/1hShortBybit0.0050%/4hFunding gap 0.0267% per 8h before fees

The widest pairing for Hyperliquid is long S on Hyperliquid and short on Bybit. Fees, slippage and the price basis between venues reduce the net return. Learn what a funding rate is.

S funding on every exchange

  • 46.57%
    APR
    Funding rate
    0.0053%
    Interval
    1h
    Next funding
    2026-10-03 18:00 UTC
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0050%
    Interval
    4h
    Next funding
    2026-10-03 20:00 UTC
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0050%
    Interval
    4h
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0050%
    Interval
    4h
    Next funding
    2026-10-03 20:00 UTC
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0050%
    Interval
    4h
    Next funding
    2026-10-03 20:00 UTC
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0050%
    Interval
    4h
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0050%
    Interval
    4h
    Next funding
    2026-10-03 20:00 UTC
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0050%
    Interval
    4h
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0050%
    Interval
    4h
    Next funding
    2026-10-03 17:08 UTC
    Data
    Live

  • 10.80%
    APR
    Funding rate
    0.0049%
    Interval
    4h
    Next funding
    2026-10-03 20:00 UTC
    Data
    Live

  • 10.75%
    APR
    Funding rate
    0.0049%
    Interval
    4h
    Next funding
    2026-10-03 20:00 UTC
    Data
    Live

  • 10.75%
    APR
    Funding rate
    0.0049%
    Interval
    4h
    Next funding
    2026-10-03 20:00 UTC
    Data
    Live

  • 10.75%
    APR
    Funding rate
    0.0049%
    Interval
    4h
    Next funding
    2026-10-03 20:00 UTC
    Data
    Live

  • 10.51%
    APR
    Funding rate
    0.0012%
    Interval
    1h
    Next funding
    2026-10-03 18:00 UTC
    Data
    Live

  • 10.51%
    APR
    Funding rate
    0.0096%
    Interval
    8h
    Data
    Live

  • 8.99%
    APR
    Funding rate
    0.0041%
    Interval
    4h
    Next funding
    2026-10-03 20:00 UTC
    Data
    Live

  • 5.15%
    APR
    Funding rate
    0.0047%
    Interval
    8h
    Data
    Live

  • 1.83%
    APR
    Funding rate
    0.0008%
    Interval
    4h
    Next funding
    2026-10-03 20:00 UTC
    Data
    Live

  • 0.00%
    APR
    Market
    S/USDT:USDT
    Funding rate
    0.0000%
    Interval
    8h
    Data
    Live

  • -18.31%
    APR
    Funding rate
    -0.0021%
    Interval
    1h
    Next funding
    2026-10-03 18:00 UTC
    Data
    Live

  • -33.51%
    APR
    Funding rate
    -0.0153%
    Interval
    4h
    Next funding
    2026-10-03 20:00 UTC
    Data
    Live

  • -35.27%
    APR
    Funding rate
    -0.0161%
    Interval
    4h
    Data
    Live

Showing 22 of 22

All S funding rates Hyperliquid funding rates

Frequently asked questions

What is the S funding rate on Hyperliquid?
-0.0021% per 1h, or -0.0167% per 8 hours (-18.31% APR), so shorts pay longs. The 7-day average is -0.0013% per 8 hours (-1.42% APR).
How often does Hyperliquid pay S funding?
Every hour. The next payment is at 2026-10-03 18:00 UTC.
Is S funding on Hyperliquid higher than on other exchanges?
Hyperliquid is the 20th highest of 22 exchanges shown. The highest is Bybit at 0.0050% per 4h (10.95% APR) and the lowest is KuCoin at -0.0153% per 4h (-33.51% APR).
How do you arbitrage S funding with Hyperliquid?
Long S on Hyperliquid and short on Bybit for a gross spread of 0.0267% per 8 hours (29.26% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.