$ funding --dex xyz --window 30d # 110 markets · last settlement 2026-10-02 01:00 UTC · rebuilt nightly and at 09:05 ET
Funding on Hyperliquid xyz markets: who pays, and when
What it costs to hold a position on each xyz HIP-3 market. Every hour each market settles a funding rate; positive means longs pay shorts. Part of that rate is the deployer's built-in carry, the neutral rate, and the rest is what the crowd pays on top. Below: how many markets pay above neutral now, when in the US week longs pay most, every market's 24-hour, 7-day and 30-day rate, the largest settlements, and the same names on other deployers.
alerts Email me when a market crosses a funding threshold → sign in free · by email · sent when the data is rebuilt, nightly and at 09:05 ET
Read this first. Positive funding means longs pay shorts, negative means shorts pay longs. The neutral rate is what a market settles at when the perp trades on its oracle: Hyperliquid's base interest of 0.01% per 8 hours times the deployer's funding multiplier, 0.5 on xyz, so 5.48% APR. It is the deployer's carry, not crowd positioning; only the part above it says longs are paying up. The four FX markets have that interest set to 0 and OURA a multiplier of 0.005, so their neutral rates differ. Every mean is over the settlements we observed, shown with its hours: our collector has gaps and we never fill them. This page is not live: it is rebuilt nightly and at 09:05 ET, and the next-rate estimate is the running estimate at the as-of time, not a settled rate.
$ funding when --class us_equity --tz America/New_York # whole archive · each market-hour one sample
When longs payUS-equity markets · New York time
hour of week · mean funding apr
by session · 30 d
| session | median apr | markets above neutral | hours observed |
|---|---|---|---|
| US regular 9:30–16:00 | +9.43% | 67% | 11,280 |
| US extended 4–9:30, 16–20 | +10.34% | 69% | 18,886 |
| Overnight 20–4 | +10.17% | 68% | 12,594 |
| Weekend / holiday | +2.12% | 22% | 21,541 |
median apr = median over markets of each market's mean rate in that session over the last 30 days · markets above neutral = share of markets whose session mean exceeded their own neutral rate · hours = market-hours observed in the session, all markets summed · sessions as in the liquidity data
$ funding ls --sort apr30d # 110 markets · click a column to sort
All marketsAPR = hourly rate × 24 × 365 × 100, in percent · positive = longs pay
| market | last | next est | 24 h | 7 d | 30 d | 30 d max | 30 d min | above neutral | sum 30 d | other venues |
|---|---|---|---|---|---|---|---|---|---|---|
| HOother / unreviewed | -79.16% | -163% | +75.44%24 of 24 h | +75.44%24 of 168 h | +75.44%24 of 720 h | +1,129% | -602% | 46% | 20.67 bps24 of 720 h | — |
| CVXus equity | +223% | +407% | +112%24 of 24 h | +66.67%145 of 168 h | +56.85%320 of 720 h | +1,781% | -1,921% | 57% | 207.66 bps320 of 720 h | — |
| GIGADEVinternational equity | +141% | +101% | +10.68%24 of 24 h | +58.41%164 of 168 h | +51.03%598 of 720 h | +843% | -799% | 57% | 348.35 bps598 of 720 h | — |
| MAGSetf | +19.96% | +50.70% | +50.56%20 of 24 h | +42.43%146 of 168 h | +46.81%505 of 720 h | +442% | -243% | 69% | 269.83 bps505 of 720 h | — |
| BIRDus equity | -1,543% | -414% | -345%16 of 24 h | -20.87%155 of 168 h | +44.41%581 of 720 h | +785% | -1,543% | 55% | 294.57 bps581 of 720 h | — |
| SHEINpre-ipo | +61.81% | +90.32% | +22.82%24 of 24 h | +69.72%138 of 168 h | +43.36%634 of 720 h | +536% | -612% | 58% | 313.80 bps634 of 720 h | — |
| BMNRus equity | +17.78% | +38.32% | +44.00%17 of 24 h | +26.47%154 of 168 h | +42.09%574 of 720 h | +419% | -360% | 72% | 275.82 bps574 of 720 h | — |
| NATGAScommodity | +27.20% | +50.59% | +29.43%13 of 24 h | +8.39%149 of 168 h | +41.01%587 of 720 h | +548% | -77.14% | 37% | 274.78 bps587 of 720 h | — |
| HYUNDAIinternational equity | +112% | +68.83% | +25.50%24 of 24 h | +30.87%168 of 168 h | +30.86%593 of 720 h | +340% | -294% | 52% | 208.91 bps593 of 720 h | — |
| KSTRother / unreviewed | -286% | +132% | +20.40%21 of 24 h | +52.88%165 of 168 h | +29.27%333 of 720 h | +488% | -392% | 56% | 111.27 bps333 of 720 h | — |
| XBIetf | -6.03% | -19.08% | -2.00%18 of 24 h | +45.26%161 of 168 h | +28.46%571 of 720 h | +270% | -238% | 56% | 185.48 bps571 of 720 h | — |
| TLTetf | +52.53% | +34.72% | +35.21%24 of 24 h | +34.63%168 of 168 h | +23.49%318 of 720 h | +487% | -140% | 57% | 85.28 bps318 of 720 h | — |
| SOFTBANKinternational equity | +0.56% | +5.48% | +163%24 of 24 h | -25.13%168 of 168 h | +23.20%623 of 720 h | +877% | -1,101% | 53% | 164.98 bps623 of 720 h | — |
| ZHIPUpre-ipo | +70.12% | +111% | +10.86%19 of 24 h | +18.60%161 of 168 h | +23.09%551 of 720 h | +382% | -469% | 49% | 145.25 bps551 of 720 h | — |
| QNTother / unreviewed | +137% | -20.32% | +77.10%24 of 24 h | +37.48%144 of 168 h | +22.64%668 of 720 h | +357% | -290% | 58% | 172.66 bps668 of 720 h | — |
| PALLADIUMcommodity | +30.05% | +44.99% | +55.79%24 of 24 h | +36.18%146 of 168 h | +22.63%673 of 720 h | +123% | -63.36% | 51% | 173.86 bps673 of 720 h | — |
| BOTother / unreviewed | +90.91% | +57.32% | +13.62%15 of 24 h | +16.02%148 of 168 h | +22.04%617 of 720 h | +522% | -424% | 52% | 155.25 bps617 of 720 h | — |
| URNMetf | +80.66% | +39.94% | +22.09%23 of 24 h | +28.27%167 of 168 h | +20.33%583 of 720 h | +340% | -713% | 58% | 135.31 bps583 of 720 h | — |
| USARus equity | +10.70% | +59.76% | +27.35%20 of 24 h | +26.81%164 of 168 h | +18.84%572 of 720 h | +92.25% | -178% | 65% | 123.04 bps572 of 720 h | — |
| SMHetf | +11.66% | +9.86% | -1.91%24 of 24 h | +14.95%167 of 168 h | +18.75%618 of 720 h | +180% | -172% | 61% | 132.26 bps618 of 720 h | — |
| SKHXinternational equity | +10.74% | +11.29% | +12.03%24 of 24 h | +10.56%144 of 168 h | +18.64%621 of 720 h | +414% | -438% | 48% | 132.13 bps621 of 720 h | — |
| GEVus equity | -48.71% | -47.28% | -7.73%24 of 24 h | +12.45%138 of 168 h | +18.59%583 of 720 h | +138% | -119% | 57% | 123.69 bps583 of 720 h | — |
| KIOXIAinternational equity | +5.48% | +5.48% | +55.56%23 of 24 h | +31.12%167 of 168 h | +18.46%575 of 720 h | +730% | -839% | 42% | 121.19 bps575 of 720 h | — |
| EWZetf | +172% | +60.59% | +52.18%24 of 24 h | +23.94%130 of 168 h | +16.10%600 of 720 h | +329% | -358% | 57% | 110.27 bps600 of 720 h | — |
| AAOIus equity | -15.77% | +1.22% | +11.23%20 of 24 h | +15.81%164 of 168 h | +15.68%567 of 720 h | +227% | -424% | 62% | 101.52 bps567 of 720 h | para +16.32% · 658 h |
| IRENus equity | +8.43% | +16.84% | +36.90%22 of 24 h | +21.88%166 of 168 h | +15.16%581 of 720 h | +265% | -578% | 61% | 100.57 bps581 of 720 h | para +6.25% · 550 h |
| LLYus equity | +5.48% | +5.48% | +8.45%20 of 24 h | +16.63%164 of 168 h | +14.35%543 of 720 h | +101% | -47.80% | 59% | 88.96 bps543 of 720 h | — |
| BBus equity | +5.48% | +29.50% | +34.32%17 of 24 h | +11.74%160 of 168 h | +13.96%568 of 720 h | +210% | -240% | 52% | 90.51 bps568 of 720 h | — |
| MSTRus equity | +5.48% | +5.48% | +18.62%14 of 24 h | +13.05%155 of 168 h | +12.97%578 of 720 h | +451% | -379% | 64% | 85.59 bps578 of 720 h | — |
| MINIMAXpre-ipo | +44.57% | +8.92% | +19.22%15 of 24 h | +5.86%159 of 168 h | +12.68%535 of 720 h | +341% | -490% | 49% | 77.45 bps535 of 720 h | — |
| RKLBus equity | +12.57% | +21.11% | +19.06%24 of 24 h | +17.28%141 of 168 h | +12.46%650 of 720 h | +149% | -149% | 66% | 92.41 bps650 of 720 h | — |
| CRCLus equity | +5.71% | +18.51% | +9.36%24 of 24 h | +16.15%147 of 168 h | +12.33%670 of 720 h | +205% | -266% | 63% | 94.33 bps670 of 720 h | — |
| QCOMus equity | +7.41% | +20.90% | +13.33%24 of 24 h | +12.88%143 of 168 h | +12.17%665 of 720 h | +85.78% | -283% | 54% | 92.36 bps665 of 720 h | — |
| NETus equity | -3.19% | -160% | +41.56%11 of 24 h | -4.57%145 of 168 h | +12.08%636 of 720 h | +230% | -357% | 46% | 87.71 bps636 of 720 h | para -11.28% · 566 h |
| NOWus equity | +8.56% | +5.48% | +7.81%23 of 24 h | +11.45%147 of 168 h | +11.78%647 of 720 h | +140% | -201% | 62% | 86.96 bps647 of 720 h | — |
| XLEetf | +24.97% | +30.91% | +13.32%16 of 24 h | +0.36%160 of 168 h | +11.17%566 of 720 h | +239% | -141% | 49% | 72.19 bps566 of 720 h | — |
| AVGOus equity | +36.28% | +50.37% | +20.77%17 of 24 h | +9.90%160 of 168 h | +10.73%514 of 720 h | +67.53% | -117% | 51% | 62.96 bps514 of 720 h | para +32.92% · 642 h |
| NOKus equity | +5.48% | +5.66% | +16.07%16 of 24 h | +13.01%145 of 168 h | +10.72%646 of 720 h | +121% | -458% | 63% | 79.04 bps646 of 720 h | — |
| HOODus equity | +5.48% | +9.73% | +12.45%24 of 24 h | +11.21%168 of 168 h | +10.38%613 of 720 h | +207% | -230% | 48% | 72.63 bps613 of 720 h | — |
| INTCus equity | +11.02% | +13.22% | +12.42%24 of 24 h | +9.30%168 of 168 h | +10.30%599 of 720 h | +201% | -294% | 62% | 70.40 bps599 of 720 h | — |
| BABAus equity | +5.48% | +19.51% | +10.35%15 of 24 h | +9.67%159 of 168 h | +10.08%542 of 720 h | +67.24% | -116% | 50% | 62.37 bps542 of 720 h | — |
| EBAYus equity | +10.91% | +5.48% | -11.60%24 of 24 h | +5.99%134 of 168 h | +10.03%649 of 720 h | +191% | -271% | 50% | 74.31 bps649 of 720 h | — |
| DRAMother / unreviewed | +5.48% | +5.48% | +21.99%24 of 24 h | +15.18%138 of 168 h | +9.76%652 of 720 h | +96.49% | -222% | 58% | 72.67 bps652 of 720 h | io +15.31% · 337 h |
| RDDTus equity | -17.29% | -42.72% | +16.71%24 of 24 h | +9.08%145 of 168 h | +9.63%664 of 720 h | +190% | -224% | 48% | 72.99 bps664 of 720 h | para +11.79% · 590 h |
| ORCLus equity | +5.48% | +5.48% | +10.99%24 of 24 h | +10.75%149 of 168 h | +9.04%663 of 720 h | +372% | -262% | 52% | 68.44 bps663 of 720 h | — |
| EURfx · neutral 0.00% | +9.87% | +9.58% | +11.35%24 of 24 h | +8.81%134 of 168 h | +8.71%636 of 720 h | +67.14% | -15.12% | 70% | 63.20 bps636 of 720 h | — |
| SILVERcommodity | +5.48% | +5.48% | +5.48%24 of 24 h | +7.21%137 of 168 h | +8.46%629 of 720 h | +42.44% | -63.60% | 36% | 60.75 bps629 of 720 h | — |
| ARMus equity | +20.37% | +33.26% | +14.17%18 of 24 h | +13.29%162 of 168 h | +8.30%529 of 720 h | +136% | -232% | 52% | 50.13 bps529 of 720 h | — |
| SOXLetf | -4.48% | +5.48% | +5.16%24 of 24 h | +2.98%168 of 168 h | +8.28%616 of 720 h | +467% | -663% | 33% | 58.21 bps616 of 720 h | — |
| NBISus equity | +10.56% | +9.80% | +8.40%13 of 24 h | +5.60%147 of 168 h | +8.27%602 of 720 h | +336% | -314% | 51% | 56.82 bps602 of 720 h | io +30.25% · 703 h |
| SNXXother / unreviewed | +5.48% | +201% | +70.37%24 of 24 h | +12.99%168 of 168 h | +8.01%386 of 720 h | +736% | -619% | 38% | 35.27 bps386 of 720 h | — |
| NFLXus equity | +25.37% | +35.54% | +24.35%11 of 24 h | +12.51%141 of 168 h | +7.95%639 of 720 h | +81.96% | -63.62% | 35% | 58.02 bps639 of 720 h | — |
| COINus equity | +5.48% | +14.17% | +19.24%13 of 24 h | +9.74%133 of 168 h | +7.88%640 of 720 h | +132% | -184% | 47% | 57.60 bps640 of 720 h | — |
| AMATus equity | +5.48% | +37.60% | +5.96%17 of 24 h | +4.95%161 of 168 h | +7.78%550 of 720 h | +183% | -411% | 42% | 48.82 bps550 of 720 h | — |
| GOLDcommodity | +5.48% | +5.48% | +5.48%24 of 24 h | +6.49%168 of 168 h | +7.57%602 of 720 h | +31.82% | -50.74% | 31% | 52.04 bps602 of 720 h | — |
| METAus equity | +5.48% | +5.48% | +5.48%13 of 24 h | +7.48%157 of 168 h | +7.43%530 of 720 h | +65.53% | -73.67% | 26% | 44.97 bps530 of 720 h | — |
| MUus equity | +8.49% | +7.06% | +20.52%12 of 24 h | +9.45%154 of 168 h | +7.43%576 of 720 h | +109% | -305% | 47% | 48.85 bps576 of 720 h | — |
| GOOGLus equity | +25.67% | +27.47% | +19.38%24 of 24 h | +9.54%168 of 168 h | +7.38%617 of 720 h | +50.27% | -61.50% | 34% | 51.98 bps617 of 720 h | — |
| ASMLus equity | +19.46% | +41.19% | +23.45%19 of 24 h | +7.31%163 of 168 h | +7.36%517 of 720 h | +67.34% | -146% | 35% | 43.46 bps517 of 720 h | — |
| EWJetf | +5.48% | +32.44% | +21.06%24 of 24 h | +11.58%135 of 168 h | +7.33%632 of 720 h | +108% | -149% | 37% | 52.86 bps632 of 720 h | — |
| WDCus equity | +5.48% | +5.48% | +10.91%22 of 24 h | +11.63%166 of 168 h | +6.92%572 of 720 h | +153% | -233% | 42% | 45.21 bps572 of 720 h | — |
| LITEus equity | +5.48% | +5.48% | +7.99%19 of 24 h | +7.03%163 of 168 h | +6.61%548 of 720 h | +142% | -268% | 34% | 41.35 bps548 of 720 h | — |
| TSLAus equity | +19.32% | +12.55% | +11.73%23 of 24 h | +9.08%167 of 168 h | +6.58%579 of 720 h | +44.50% | -67.87% | 28% | 43.46 bps579 of 720 h | — |
| ZMus equity | +66.23% | +18.58% | +16.35%15 of 24 h | +2.11%157 of 168 h | +6.19%537 of 720 h | +264% | -174% | 51% | 37.92 bps537 of 720 h | — |
| MRNAus equity | +47.50% | +33.01% | +13.65%15 of 24 h | +3.26%157 of 168 h | +6.17%540 of 720 h | +193% | -213% | 37% | 38.06 bps540 of 720 h | — |
| AMZNus equity | +5.48% | +5.48% | +12.41%19 of 24 h | +7.86%163 of 168 h | +6.17%526 of 720 h | +49.34% | -93.52% | 28% | 37.02 bps526 of 720 h | — |
| EWYetf | +5.48% | +5.48% | +12.33%24 of 24 h | +8.42%129 of 168 h | +6.02%600 of 720 h | +136% | -116% | 24% | 41.22 bps600 of 720 h | io +14.67% · 311 h |
| BEus equity | +30.65% | +13.15% | +29.75%15 of 24 h | +13.07%155 of 168 h | +6.00%568 of 720 h | +167% | -420% | 42% | 38.87 bps568 of 720 h | — |
| GMEus equity | +17.30% | +119% | +5.90%24 of 24 h | +1.90%168 of 168 h | +5.64%608 of 720 h | +308% | -192% | 33% | 39.17 bps608 of 720 h | — |
| NVDAus equity | +5.48% | +12.14% | +9.76%24 of 24 h | +7.11%157 of 168 h | +5.56%665 of 720 h | +64.64% | -91.46% | 20% | 42.20 bps665 of 720 h | — |
| COPPERcommodity | +5.48% | +25.40% | +13.72%13 of 24 h | +12.48%135 of 168 h | +5.46%656 of 720 h | +55.26% | -64.70% | 33% | 40.88 bps656 of 720 h | — |
| AMDus equity | +5.48% | +12.01% | +6.30%21 of 24 h | +4.83%165 of 168 h | +5.28%549 of 720 h | +165% | -157% | 26% | 33.08 bps549 of 720 h | — |
| PLATINUMcommodity | +5.48% | +5.48% | +6.42%24 of 24 h | +10.81%146 of 168 h | +5.09%672 of 720 h | +65.26% | -119% | 31% | 39.04 bps672 of 720 h | — |
| TSMus equity | +5.48% | +5.48% | +5.45%24 of 24 h | +4.78%168 of 168 h | +4.49%585 of 720 h | +117% | -204% | 10% | 29.99 bps585 of 720 h | — |
| NCLDother / unreviewed | +221% | +213% | +144%13 of 24 h | -3.72%155 of 168 h | +4.41%628 of 720 h | +946% | -592% | 39% | 31.58 bps628 of 720 h | — |
| XYZ100index | +5.48% | +5.48% | +5.48%18 of 24 h | +3.30%162 of 168 h | +4.35%551 of 720 h | +18.71% | -49.39% | 3% | 27.36 bps551 of 720 h | — |
| SNDKus equity | +5.48% | +5.48% | +7.07%24 of 24 h | +6.61%168 of 168 h | +4.32%628 of 720 h | +222% | -202% | 26% | 30.96 bps628 of 720 h | io +4.57% · 696 h |
| CRWVus equity | -2.61% | +5.48% | +1.54%24 of 24 h | +1.54%145 of 168 h | +3.54%663 of 720 h | +94.44% | -234% | 26% | 26.77 bps663 of 720 h | — |
| MRVLus equity | +5.48% | +5.48% | +5.48%12 of 24 h | +3.73%153 of 168 h | +3.27%566 of 720 h | +152% | -227% | 11% | 21.12 bps566 of 720 h | — |
| IBMus equity | +5.48% | +1.30% | +8.85%24 of 24 h | +5.63%168 of 168 h | +3.20%595 of 720 h | +51.64% | -76.33% | 9% | 21.73 bps595 of 720 h | — |
| SP500index | +5.48% | +5.48% | +5.48%24 of 24 h | +3.98%168 of 168 h | +3.12%599 of 720 h | +13.06% | -37.60% | 1% | 21.35 bps599 of 720 h | — |
| MSFTus equity | -2.38% | +5.48% | +4.91%14 of 24 h | +3.46%155 of 168 h | +3.10%585 of 720 h | +74.83% | -42.69% | 1% | 20.69 bps585 of 720 h | — |
| HIMSus equity | +5.48% | +56.74% | +14.52%24 of 24 h | +4.63%168 of 168 h | +2.82%613 of 720 h | +160% | -136% | 24% | 19.70 bps613 of 720 h | — |
| RIVNus equity | +5.48% | +11.90% | +3.42%24 of 24 h | -2.11%143 of 168 h | +2.45%661 of 720 h | +176% | -182% | 24% | 18.45 bps661 of 720 h | — |
| SPCXpre-ipo | +10.30% | +8.85% | +10.62%24 of 24 h | +7.92%168 of 168 h | +2.34%596 of 720 h | +61.72% | -72.71% | 18% | 15.92 bps596 of 720 h | — |
| COSTus equity | +5.48% | -0.99% | +1.42%24 of 24 h | -1.42%140 of 168 h | +1.88%661 of 720 h | +53.67% | -102% | 12% | 14.21 bps661 of 720 h | — |
| AAPLus equity | +5.48% | +5.48% | +5.48%19 of 24 h | +4.37%163 of 168 h | +1.42%549 of 720 h | +24.68% | -56.21% | 5% | 8.88 bps549 of 720 h | — |
| OURApre-ipo · neutral 0.06% | -0.71% | -1.53% | -1.00%24 of 24 h | -0.42%156 of 168 h | -0.42%189 of 720 h | +23.16% | -4.56% | 26% | -0.91 bps189 of 720 h | — |
| KORUetf | -17.55% | -119% | +4.63%20 of 24 h | +0.66%164 of 168 h | -0.62%556 of 720 h | +463% | -1,174% | 20% | -3.94 bps556 of 720 h | — |
| SHAZother / unreviewed | +127% | +59.40% | +59.84%24 of 24 h | +6.02%138 of 168 h | -0.65%645 of 720 h | +489% | -599% | 42% | -4.75 bps645 of 720 h | — |
| EWTetf | +5.48% | +85.00% | +2.21%24 of 24 h | -3.15%132 of 168 h | -1.54%618 of 720 h | +114% | -149% | 19% | -10.86 bps618 of 720 h | — |
| PLTRus equity | -21.03% | +5.48% | -9.24%24 of 24 h | -3.06%149 of 168 h | -1.88%671 of 720 h | +234% | -189% | 4% | -14.42 bps671 of 720 h | — |
| GBPfx · neutral 0.00% | 0.00% | 0.00% | +1.64%24 of 24 h | +0.56%131 of 168 h | -2.07%587 of 720 h | +40.65% | -47.50% | 10% | -13.89 bps587 of 720 h | — |
| BXus equity | +29.67% | +24.79% | +24.02%14 of 24 h | +4.62%140 of 168 h | -2.44%639 of 720 h | +125% | -164% | 27% | -17.83 bps639 of 720 h | — |
| KR200index | -96.81% | -62.72% | -74.26%20 of 24 h | +26.71%164 of 168 h | -2.51%567 of 720 h | +253% | -279% | 40% | -16.27 bps567 of 720 h | — |
| PURRDATother / unreviewed | +5.48% | +5.48% | -6.55%24 of 24 h | +23.37%144 of 168 h | -3.35%669 of 720 h | +660% | -666% | 41% | -25.58 bps669 of 720 h | — |
| UNITREEpre-ipo | +5.48% | -21.23% | +2.11%20 of 24 h | +18.86%164 of 168 h | -3.75%582 of 720 h | +368% | -726% | 28% | -24.90 bps582 of 720 h | para +13.61% · 562 h |
| LYTEother / unreviewed | -113% | +40.26% | -10.87%19 of 24 h | +2.98%163 of 168 h | -4.26%540 of 720 h | +274% | -251% | 35% | -26.29 bps540 of 720 h | — |
| DELLus equity | +5.48% | +5.48% | +6.27%24 of 24 h | +1.96%139 of 168 h | -4.81%664 of 720 h | +71.61% | -179% | 13% | -36.43 bps664 of 720 h | — |
| DKNGus equity | +77.45% | -0.52% | +11.29%24 of 24 h | -7.97%139 of 168 h | -6.86%657 of 720 h | +305% | -178% | 35% | -51.47 bps657 of 720 h | — |
| CRWDus equity | -123% | -144% | -67.31%24 of 24 h | -7.72%144 of 168 h | -7.61%663 of 720 h | +137% | -360% | 25% | -57.55 bps663 of 720 h | para -2.22% · 576 h |
| JPYfx · neutral 0.00% | -10.18% | -10.14% | -10.38%22 of 24 h | -6.73%166 of 168 h | -8.07%579 of 720 h | +21.99% | -172% | 1% | -53.32 bps579 of 720 h | — |
| SMSNinternational equity | -19.99% | -20.83% | -20.04%24 of 24 h | -27.08%168 of 168 h | -8.51%636 of 720 h | +387% | -471% | 37% | -61.77 bps636 of 720 h | — |
| SKHYinternational equity | -45.45% | -26.90% | -9.65%24 of 24 h | -8.09%151 of 168 h | -8.55%616 of 720 h | +134% | -219% | 8% | -60.13 bps616 of 720 h | — |
| CBRSother / unreviewed | -7.71% | +5.48% | -9.96%13 of 24 h | -6.75%140 of 168 h | -10.69%637 of 720 h | +136% | -247% | 12% | -77.76 bps637 of 720 h | — |
| JP225index | -14.85% | -8.30% | -29.91%22 of 24 h | -28.61%166 of 168 h | -10.80%580 of 720 h | +185% | -276% | 12% | -71.48 bps580 of 720 h | — |
| STRCus equity | +5.48% | +5.48% | -1.60%24 of 24 h | -14.95%168 of 168 h | -18.31%610 of 720 h | +60.48% | -195% | 4% | -127.51 bps610 of 720 h | — |
| CXMTpre-ipo | -17.20% | -5.60% | +9.17%24 of 24 h | +34.40%146 of 168 h | -20.84%666 of 720 h | +368% | -1,009% | 37% | -158.46 bps666 of 720 h | — |
| CLcommodity | -11.82% | -11.04% | +5.28%11 of 24 h | +1.41%133 of 168 h | -50.19%628 of 720 h | +470% | -595% | 8% | -359.82 bps628 of 720 h | — |
| BRENTOILcommodity | -24.65% | -22.58% | -2.88%12 of 24 h | -0.87%135 of 168 h | -56.09%631 of 720 h | +461% | -618% | 9% | -404.04 bps631 of 720 h | — |
last = the last settled hourly rate, annualised · next est = the running estimate of the next rate at the as-of time, "—" when it is older than 2 hours · 24 h, 7 d, 30 d = mean of the hourly rates observed in the 24, 168 or 720 hours ending at the last settlement; "n of N h" below a value = observed of expected hours · max, min = highest and lowest single hour in 30 days · above neutral = share of observed hours settled above the market's neutral rate · sum = what a long paid over the observed hours, in bps of notional · other venues = the same symbol on another HIP-3 deployer: 30 d APR and its observed hours, listed when it has at least 7 · markets with a neutral rate other than 5.48% say so under the name · definitions in methodology
$ funding top --by abs-rate --window 30d --limit 20
Largest settlements · 30 dby size of the hourly rate, either sign
| settled · ET | market | session | rate bps/h | APR |
|---|---|---|---|---|
| 09-22 19:0009-22 23:00 UTC | CVX | US extended | -21.92 | -1,921% |
| 09-21 01:0009-21 05:00 UTC | CVX | weekend / holiday | +20.33 | +1,781% |
| 09-24 21:0009-25 01:00 UTC | CVX | overnight | -17.99 | -1,576% |
| 10-01 21:0010-02 01:00 UTC | BIRD | overnight | -17.61 | -1,543% |
| 09-18 04:0009-18 08:00 UTC | CVX | overnight | +15.71 | +1,376% |
| 09-21 02:0009-21 06:00 UTC | CVX | weekend / holiday | +15.1 | +1,323% |
| 09-22 12:0009-22 16:00 UTC | CVX | US regular | +14.04 | +1,230% |
| 09-03 02:0009-03 06:00 UTC | KORU | overnight | -13.4 | -1,174% |
| 09-21 22:0009-22 02:00 UTC | CVX | overnight | -13.18 | -1,155% |
| 09-30 23:0010-01 03:00 UTC | HO | overnight | +12.89 | +1,129% |
| 09-29 11:0009-29 15:00 UTC | SOFTBANK | US regular | -12.57 | -1,101% |
| 09-24 22:0009-25 02:00 UTC | CVX | overnight | -12.44 | -1,090% |
| 09-25 12:0009-25 16:00 UTC | CVX | US regular | -11.68 | -1,023% |
| 09-09 23:0009-10 03:00 UTC | CXMT | overnight | -11.52 | -1,009% |
| 09-25 11:0009-25 15:00 UTC | CVX | US regular | -11.09 | -972% |
| 09-21 23:0009-22 03:00 UTC | CVX | overnight | -11.02 | -965% |
| 09-20 18:0009-20 22:00 UTC | NCLD | weekend / holiday | +10.8 | +946% |
| 09-24 02:0009-24 06:00 UTC | CVX | overnight | -10.54 | -923% |
| 09-16 16:0009-16 20:00 UTC | SOFTBANK | US regular | -10.31 | -903% |
| 09-25 10:0009-25 14:00 UTC | CVX | US extended | -10.26 | -899% |
settled = settlement time, New York (ET) with UTC below; the rate covers the hour before it · session = the US session of that hour · rate = the hourly rate in bps of notional · APR = that one hour annualised, which is why a single hour can read in the thousands of percent
$ funding compare --dex xyz,para,io --window 30d # 11 symbols on more than one deployer
Same name, another deployer30 d APR on xyz versus para and io
| market | xyz 30 d | xyz neutral | para 30 d | para neutral | xyz − para | io 30 d | io neutral | xyz − io |
|---|---|---|---|---|---|---|---|---|
| NET | +12.08%636 h | 5.48% | -11.28%566 h | 6.57% | +23.36 pp | — | — | — |
| AVGO | +10.73%514 h | 5.48% | +32.92%642 h | 6.57% | -22.19 pp | — | — | — |
| NBIS | +8.27%602 h | 5.48% | — | — | — | +30.25%703 h | 5.48% | -21.98 pp |
| UNITREE | -3.75%582 h | 5.48% | +13.61%562 h | 6.57% | -17.36 pp | — | — | — |
| IREN | +15.16%581 h | 5.48% | +6.25%550 h | 6.57% | +8.91 pp | — | — | — |
| EWY | +6.02%600 h | 5.48% | — | — | — | +14.67%311 h | 5.48% | -8.66 pp |
| DRAM | +9.76%652 h | 5.48% | — | — | — | +15.31%337 h | 5.48% | -5.55 pp |
| CRWD | -7.61%663 h | 5.48% | -2.22%576 h | 6.57% | -5.38 pp | — | — | — |
| RDDT | +9.63%664 h | 5.48% | +11.79%590 h | 6.57% | -2.16 pp | — | — | — |
| AAOI | +15.68%567 h | 5.48% | +16.32%658 h | 6.57% | -0.64 pp | — | — | — |
| SNDK | +4.32%628 h | 5.48% | — | — | — | +4.57%696 h | 5.48% | -0.25 pp |
each venue's 30 d APR is over its own observed hours (shown) · neutral = that deployer's carry: base interest 0.01% per 8 h × its funding multiplier, so the same price premium settles at different rates on different deployers; compare the gap above each venue's neutral, not the raw APRs · xyz − para, xyz − io = difference in percentage points, positive when longs pay more on xyz · listed when the other venue has at least 7 observed hours in 30 days · sorted by the largest difference
$ funding daily --since 2026-06-14 # 110 complete UTC days
Dailycross-market median and share above neutral, per UTC day
median apr
share above neutral
UTC days from the first settlement in the archive; today (2026-10-02) is still open and not drawn · a day with too few observed hours has no point and the line bridges it with a dashed segment · raw: /api/xyz/funding/index.json