# Hyperliquid Funding Rates & Arbitrage: Live Data

As of 2026-10-03 08:51 UTC, ArbTide tracks 178 perpetual markets on Hyperliquid. BTC funding is 0.0004% per 1h (0.0034% per 8 hours (3.75% APR)). Most contracts pay funding every hour. The highest funding among liquid coins is PONS at 0.0926% per 8 hours (101.43% APR) and the lowest is 2Z at -0.8152% per 8 hours (-892.65% APR). 2 live price arbitrage routes involve Hyperliquid.

## Highest funding rates on Hyperliquid

| Coin | Market | Funding rate | Interval | APR |
| --- | --- | --- | --- | --- |
| [PONS](https://arbtide.com/funding-rates/pons/hyperliquid) | [PONS/USDC:USDC](https://app.hyperliquid.xyz/trade/PONS) | 0.0116% | 1h | 101.43% |
| [ZRO](https://arbtide.com/funding-rates/zro/hyperliquid) | [ZRO/USDC:USDC](https://app.hyperliquid.xyz/trade/ZRO) | 0.0079% | 1h | 69.26% |
| [USELESS](https://arbtide.com/funding-rates/useless/hyperliquid) | [USELESS/USDC:USDC](https://app.hyperliquid.xyz/trade/USELESS) | 0.0062% | 1h | 54.20% |
| [MANTA](https://arbtide.com/funding-rates/manta/hyperliquid) | [MANTA/USDC:USDC](https://app.hyperliquid.xyz/trade/MANTA) | 0.0054% | 1h | 47.62% |
| [SPX](https://arbtide.com/funding-rates/spx/hyperliquid) | [SPX/USDC:USDC](https://app.hyperliquid.xyz/trade/SPX) | 0.0045% | 1h | 39.68% |
| [GRIFFAIN](https://arbtide.com/funding-rates/griffain/hyperliquid) | [GRIFFAIN/USDC:USDC](https://app.hyperliquid.xyz/trade/GRIFFAIN) | 0.0043% | 1h | 37.76% |
| [AZTEC](https://arbtide.com/funding-rates/aztec/hyperliquid) | [AZTEC/USDC:USDC](https://app.hyperliquid.xyz/trade/AZTEC) | 0.0042% | 1h | 36.81% |
| [STBL](https://arbtide.com/funding-rates/stbl/hyperliquid) | [STBL/USDC:USDC](https://app.hyperliquid.xyz/trade/STBL) | 0.0038% | 1h | 33.70% |
| [NIL](https://arbtide.com/funding-rates/nil/hyperliquid) | [NIL/USDC:USDC](https://app.hyperliquid.xyz/trade/NIL) | 0.0029% | 1h | 25.71% |
| [BRETT](https://arbtide.com/funding-rates/brett/hyperliquid) | [BRETT/USDC:USDC](https://app.hyperliquid.xyz/trade/BRETT) | 0.0027% | 1h | 23.91% |

## Lowest funding rates on Hyperliquid

| Coin | Market | Funding rate | Interval | APR |
| --- | --- | --- | --- | --- |
| [2Z](https://arbtide.com/funding-rates/2z/hyperliquid) | [2Z/USDC:USDC](https://app.hyperliquid.xyz/trade/2Z) | -0.1019% | 1h | -892.65% |
| [SAND](https://arbtide.com/funding-rates/sand/hyperliquid) | [SAND/USDC:USDC](https://app.hyperliquid.xyz/trade/SAND) | -0.0121% | 1h | -106.17% |
| [PROVE](https://arbtide.com/funding-rates/prove/hyperliquid) | [PROVE/USDC:USDC](https://app.hyperliquid.xyz/trade/PROVE) | -0.0058% | 1h | -51.23% |
| [MINA](https://arbtide.com/funding-rates/mina/hyperliquid) | [MINA/USDC:USDC](https://app.hyperliquid.xyz/trade/MINA) | -0.0046% | 1h | -40.04% |
| [S](https://arbtide.com/funding-rates/s/hyperliquid) | [S/USDC:USDC](https://app.hyperliquid.xyz/trade/S) | -0.0034% | 1h | -29.68% |
| [TRX](https://arbtide.com/funding-rates/trx/hyperliquid) | [TRX/USDC:USDC](https://app.hyperliquid.xyz/trade/TRX) | -0.0032% | 1h | -27.67% |
| [ATOM](https://arbtide.com/funding-rates/atom/hyperliquid) | [ATOM/USDC:USDC](https://app.hyperliquid.xyz/trade/ATOM) | -0.0021% | 1h | -18.17% |
| [DOT](https://arbtide.com/funding-rates/dot/hyperliquid) | [DOT/USDC:USDC](https://app.hyperliquid.xyz/trade/DOT) | -0.0016% | 1h | -13.87% |
| [WLFI](https://arbtide.com/funding-rates/wlfi/hyperliquid) | [WLFI/USDC:USDC](https://app.hyperliquid.xyz/trade/WLFI) | -0.0012% | 1h | -10.37% |
| [ONDO](https://arbtide.com/funding-rates/ondo/hyperliquid) | [ONDO/USDC:USDC](https://app.hyperliquid.xyz/trade/ONDO) | -0.0005% | 1h | -4.55% |

## Arbitrage routes involving Hyperliquid

| Coin | Market | Buy on | Ask | Sell on | Bid | Gross spread | Fees | Net spread | Top-of-book size |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [W](https://arbtide.com/arbitrage/w) | Perpetual | [Bybit](https://www.bybit.com/trade/usdt/WUSDT) | 0.013169 | [Hyperliquid](https://app.hyperliquid.xyz/trade/W) | 0.0132 | 0.24% | 0.21% | 0.03% | — |
| [NIL](https://arbtide.com/arbitrage/nil) | Perpetual | [Binance](https://www.binance.com/en/futures/NILUSDT) | 0.08353 | [Hyperliquid](https://app.hyperliquid.xyz/trade/NIL) | 0.083703 | 0.21% | 0.19% | 0.02% | — |

## Frequently asked questions

### How often does Hyperliquid pay funding?

Hyperliquid pays funding every hour on 178 contracts.

### What is the BTC funding rate on Hyperliquid?

0.0004% per 1h on BTC/USDC:USDC, which is 0.0034% per 8 hours (3.75% APR).

### Which coin has the highest funding rate on Hyperliquid?

Among coins with at least $1M of daily perpetual volume, PONS has the highest funding at 0.0926% per 8 hours (101.43% APR).

### Are there arbitrage opportunities on Hyperliquid right now?

Yes, 2 routes with a positive net spread involve Hyperliquid. For example, you can buy W on Bybit at 0.013169 and sell on Hyperliquid at 0.0132, a 0.03% net spread after 0.21% in taker fees.