# SOPH Funding Rate on Hyperliquid

As of 2026-10-03 18:02 UTC, the SOPH perpetual on Hyperliquid pays 0.0013% per 1h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 12th highest of 14 exchanges shown, against a volume-weighted average of 0.0087% per 8 hours (9.55% APR). Over the last 7 days Hyperliquid averaged 0.0100% per 8 hours (10.95% APR). The next funding is at 2026-10-03 19:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Binance](https://arbtide.com/funding-rates/soph/binance) | [SOPH/USDT:USDT](https://www.binance.com/en/futures/SOPHUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/soph/bybit) | [SOPH/USDT:USDT](https://www.bybit.com/trade/usdt/SOPHUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/soph/bitget) | [SOPH/USDT:USDT](https://www.bitget.com/futures/usdt/SOPHUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/soph/gate) | [SOPH/USDT:USDT](https://www.gate.com/futures/USDT/SOPH_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/soph/kucoin) | [SOPH/USDT:USDT](https://www.kucoin.com/trade/futures/SOPHUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/soph/mexc) | [SOPH/USDT:USDT](https://www.mexc.com/futures/SOPH_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [BingX](https://arbtide.com/funding-rates/soph/bingx) | [SOPH/USDT:USDT](https://bingx.com/en/perpetual/SOPH-USDT) | 0.0050% | 4h | 10.95% | — |
| [WhiteBIT](https://arbtide.com/funding-rates/soph/whitebit) | [SOPH/USDT:USDT](https://whitebit.com/trade/SOPH-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [LBank](https://arbtide.com/funding-rates/soph/lbank) | [SOPH/USDT:USDT](https://www.lbank.com/futures/sophusdt) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/soph/weex) | [SOPH/USDT:USDT](https://www.weex.com/futures/SOPH-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 18:02 UTC |
| [Toobit](https://arbtide.com/funding-rates/soph/toobit) | [SOPH/USDT:USDT](https://www.toobit.com/en-US/futures/SOPH-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [Hyperliquid](https://arbtide.com/funding-rates/soph/hyperliquid) | [SOPH/USDC:USDC](https://app.hyperliquid.xyz/trade/SOPH) | 0.0013% | 1h | 10.95% | 2026-10-03 19:00 UTC |
| [Deepcoin](https://arbtide.com/funding-rates/soph/deepcoin) | [SOPH/USDT:USDT](https://www.deepcoin.com/en/swap/SOPH-USDT) | 0.0062% | 8h | 6.79% | — |
| [OKX](https://arbtide.com/funding-rates/soph/okx) | [SOPH/USDT:USDT](https://www.okx.com/trade-swap/soph-usdt-swap) | -0.0085% | 4h | -18.51% | 2026-10-03 20:00 UTC |

## Frequently asked questions

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

0.0013% per 1h, or 0.0100% per 8 hours (10.95% APR), so longs pay shorts. The 7-day average is 0.0100% per 8 hours (10.95% APR).

### How often does Hyperliquid pay SOPH funding?

Every hour. The next payment is at 2026-10-03 19:00 UTC.

### Is SOPH funding on Hyperliquid higher than on other exchanges?

Hyperliquid is the 12th highest of 14 exchanges shown. The highest is Binance at 0.0050% per 4h (10.95% APR) and the lowest is OKX at -0.0085% per 4h (-18.51% APR).

### How do you arbitrage SOPH funding with Hyperliquid?

Long SOPH on OKX and short on Hyperliquid for a gross spread of 0.0269% per 8 hours (29.46% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.