ArbTide

S Funding Rate on Hyperliquid

Live

As of 2026-10-04 07:00 UTC, the S perpetual on Hyperliquid pays -0.0003% per 1h, -0.0027% per 8 hours (-2.97% APR), so shorts pay longs. That is the 20th highest of 23 exchanges shown, against a volume-weighted average of 0.0064% per 8 hours (6.99% APR). Over the last 7 days Hyperliquid averaged -0.0044% per 8 hours (-4.86% APR). The next funding is at 2026-10-04 08:00 UTC.

Rate per 1h
-0.0003%
Same rate per 8h
-0.0027%
7-day average per 8h
-0.0044%
Next funding
2026-10-04 08:00 UTC
Rank
20 of 23

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%Oct 2 13:00Oct 2 23:30Oct 3 10:00Oct 3 20:30Oct 4 07:00HW 0.0100%LW -0.0505%0.0100%

Compare Hyperliquid with other exchanges over 7 or 30 days

S funding arbitrage with Hyperliquid

LongOKX-0.0086%/4hShortHyperliquid-0.0003%/1hFunding gap 0.0145% per 8h before fees

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

S funding on every exchange

  • 32.74%
    APR
    Market
    S/USD:USD
    Funding rate
    0.0037%
    Interval
    1h
    Next funding
    2026-10-04 07:00 UTC
    Data
    Live

  • 11.39%
    APR
    Funding rate
    0.0013%
    Interval
    1h
    Next funding
    2026-10-04 08:00 UTC
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0050%
    Interval
    4h
    Next funding
    2026-10-04 08:00 UTC
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0050%
    Interval
    4h
    Next funding
    2026-10-04 08:00 UTC
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0050%
    Interval
    4h
    Next funding
    2026-10-04 08:00 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
    2026-10-04 08:00 UTC
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0050%
    Interval
    4h
    Next funding
    2026-10-04 08:00 UTC
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0050%
    Interval
    4h
    Next funding
    2026-10-04 08:00 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
    2026-10-04 08:00 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
    2026-10-04 08:00 UTC
    Data
    Delayed 4 min

  • 10.95%
    APR
    Funding rate
    0.0050%
    Interval
    4h
    Next funding
    2026-10-04 07:00 UTC
    Data
    Live

  • 10.95%
    APR
    Funding rate
    0.0050%
    Interval
    4h
    Next funding
    2026-10-04 08:00 UTC
    Data
    Live

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

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

  • 6.79%
    APR
    Funding rate
    0.0062%
    Interval
    8h
    Data
    Live

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

  • -2.97%
    APR
    Funding rate
    -0.0003%
    Interval
    1h
    Next funding
    2026-10-04 08:00 UTC
    Data
    Live

  • -8.53%
    APR
    Funding rate
    -0.0039%
    Interval
    4h
    Next funding
    2026-10-04 08:00 UTC
    Data
    Live

  • -18.83%
    APR
    Funding rate
    -0.0086%
    Interval
    4h
    Next funding
    2026-10-04 08:00 UTC
    Data
    Live

  • -135.63%
    APR
    Funding rate
    -0.0155%
    Interval
    1h
    Next funding
    2026-10-04 08:00 UTC
    Data
    Live

Showing 23 of 23

All S funding rates Hyperliquid funding rates

Frequently asked questions

What is the S funding rate on Hyperliquid?
-0.0003% per 1h, or -0.0027% per 8 hours (-2.97% APR), so shorts pay longs. The 7-day average is -0.0044% per 8 hours (-4.86% APR).
How often does Hyperliquid pay S funding?
Every hour. The next payment is at 2026-10-04 08:00 UTC.
Is S funding on Hyperliquid higher than on other exchanges?
Hyperliquid is the 20th highest of 23 exchanges shown. The highest is XT.COM at 0.0050% per 4h (10.95% APR) and the lowest is OKX at -0.0086% per 4h (-18.83% APR).
How do you arbitrage S funding with Hyperliquid?
Long S on OKX and short on Hyperliquid for a gross spread of 0.0145% per 8 hours (15.86% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.