Markets · Funding rates

Crypto funding rates on the largest perpetual markets

Yearly funding rate and open interest for the largest Hyperliquid perpetual futures markets, updated hourly.

In 10 of the 10 largest Hyperliquid perp markets, longs are paying shorts.

Asset	Funding (yearly)	Open interest
BTC	+10.9%	$3.41B
ETH	+10.9%	$2.60B
HYPE	+10.9%	$1.64B
ZEC	+10.9%	$624.10M
SOL	+10.9%	$566.41M
NEAR	+10.9%	$276.88M
XRP	+10.9%	$223.49M
PUMP	+10.9%	$118.91M
LIT	+10.9%	$110.74M
XMR	+10.9%	$101.39M

The top 10, refreshed hourly (as of 15:06 UTC, 26 Oct 2026). Source: Hyperliquid perpetuals. Every row, any asset and the history are in Market Signals.

How to read this

Perpetual futures have no expiry; instead, one side pays the other every hour to keep the price near spot. A positive rate means longs pay shorts (more traders are betting up), negative means shorts pay longs. The rate is shown per year. Open interest is the dollar value of all open positions.