English

HYPE perpetuals

Compare funding costs for one asset across venues.

Data as of 2026-11-10 22:42 UTC

HYPE is quoted on 10 contracts. The highest funding rate is on Aster at +10.95% annualised, quoted per 4h, and the lowest is on OKX at +4.84% — a gap of 6.11 points. Rate periods differ across these contracts, so each is converted to a simple annualised figure before comparison.

Highest rate now
+10.95%
Aster · 4h
Lowest rate now
+4.84%
OKX · 8h
Spread
6.11
points
Highest 30d realised APR
+12.16%
Hyperliquid

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
AsterOn-chainHYPEUSDT +0.0050%4h +10.95% +8.41%
Annualised · +8.41% · range -12.3% … +11.0% · 179 settlements
300x 29.1M
BinanceCentralisedHYPEUSDT +0.0050%4h +10.95% +7.97%
Annualised · +7.97% · range -15.5% … +11.0% · 179 settlements
75x 558.3M
BitgetCentralisedHYPEUSDT +0.0050%4h +10.95% +6.09%
Annualised · +6.09% · range -26.9% … +11.0% · 179 settlements
75x 93.5M
BybitCentralisedHYPEPERP +0.0050%4h +10.95% +1.90%
Annualised · +1.90% · range -61.0% … +11.0% · 114 settlements
20x 238.2K
BybitCentralisedHYPEUSDT +0.0100%8h +10.95% +5.80%
Annualised · +5.80% · range -8.0% … +11.0% · 90 settlements
75x 209.8M
GateCentralisedHYPE_USDT +0.0050%4h +10.95% +5.95%
Annualised · +5.95% · range -13.8% … +11.0% · 179 settlements
75x 46.5M
HyperliquidOn-chainHYPE +0.0013%1h +10.95% +12.16%
Annualised · +12.16% · range -40.6% … +190.5% · 715 settlements
10x 467.5M
OKXCentralisedHYPE-USD-SWAP +0.0100%8h +10.95% —
no history yet
20x —
LighterOn-chainHYPE +0.0096%8h +10.51% —
no history yet
20x 119.4M
OKXCentralisedHYPE-USDT-SWAP +0.0044%8h +4.84% +5.95%
Annualised · +5.95% · range -9.4% … +11.0% · 90 settlements
50x 230.1M

Common questions

Which exchanges list HYPE perpetual futures?

HYPE trades as 10 perpetual contracts across 8 venues: Aster, Binance, Bitget, Bybit, Gate, Hyperliquid, Lighter and OKX. The busiest is Binance, with $558.3M of 24h turnover — 32% of the total.

Where is HYPE funding cheapest right now?

For a long, the most favourable collected rate is +4.84% annualised on OKX HYPE-USDT-SWAP; for a short, it is +10.95% on Aster — a gap of 6.11 points. Every venue collected has longs paying right now.

How much funding does a 10,000 USDT HYPE position pay per day?

At current rates a 10,000 USDT long pays about +3.00 USDT a day on Aster and +1.33 USDT on OKX HYPE-USDT-SWAP. Over the past 30 days Aster actually settled an average of +2.30 USDT a day on the same position.

How often does HYPE funding settle?

It depends on the venue: Hyperliquid and Lighter every 1h; Aster, Binance, Bitget, Bybit and Gate every 4h; Bybit every 8h.

What has HYPE funding actually paid over the past 30 days?

The highest realised figure was on Hyperliquid: +12.16% annualised across 715 settlements, 7% of them negative. The lowest was Bybit HYPEPERP, at +1.90%. 8 of the 10 contracts have at least a week of settled history to measure.

What is the highest leverage available on HYPE?

The highest collected cap is 300x, on Aster. On Aster it applies up to 1K USDT of notional; above that the cap drops to 150x.

Further readingCross-venue funding spreads: from gross rates to net P&LHow funding fees work: amounts, signs and settlementHow liquidation price is calculated: tiered maintenance margin and deductions

HYPE comparison scope and payment direction

This page retains low-turnover HYPE contracts without the main ranking’s $1M threshold. Positive funding is paid by longs; negative funding is paid by shorts. High and low are rate values, not recommendations. These contracts quote in USD, USDC and USDT; check each specification for settlement currency and multiplier before comparing. Annualisation method · Official sources.

Rates and chart methodology

Annualised over the window sums what actually settled on that contract, then extrapolates across the hours those settlements covered — it is not today's rate projected forward. A contract listed less than 30 days ago is extrapolated from its own span. The grey line is zero: above it longs pay, below it shorts pay. Every row in that column shares one vertical scale, so their swings can be compared directly.

Trading link disclosure

Affiliate disclosure: We may earn a commission if you register and trade through some links. Partnerships do not influence the data displayed or rankings.

Margin ladders

Aster · HYPEUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 1000 quote 0.2000% 300.00x —
2 1000 – 2000 quote 0.3000% 150.00x 1
3 2000 – 3000 quote 0.5000% 100.00x 5
4 3000 – 200000 quote 0.6000% 75.00x 8
5 200000 – 1000000 quote 1.0000% 50.00x 808
6 1000000 – 5000000 quote 2.5000% 20.00x 15808
7 5000000 – 20000000 quote 5.0000% 10.00x 140808
8 20000000 – 30000000 quote 10.0000% 5.00x 1140808
9 30000000 – 40000000 quote 12.5000% 4.00x 1890808
10 40000000 – 50000000 quote 16.6700% 3.00x 3558808
11 50000000 – 100000000 quote 25.0000% 2.00x 7723808
12 100000000 – 1000000000 quote 50.0000% 1.00x 32723808

Binance · HYPEUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 20000 quote 1.0000% 75.00x —
2 20000 – 200000 quote 1.5000% 50.00x 100
3 200000 – 1000000 quote 2.0000% 25.00x 1100
4 1000000 – 2000000 quote 2.5000% 20.00x 6100
5 2000000 – 5000000 quote 5.0000% 10.00x 56100
6 5000000 – 7500000 quote 10.0000% 5.00x 306100
7 7500000 – 10000000 quote 12.5000% 4.00x 493600
8 10000000 – 12500000 quote 25.0000% 2.00x 1743600
9 12500000 – 15000000 quote 50.0000% 1.00x 4868600

Bitget · HYPEUSDT No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 10000 quote 1.0000% 75.00x —
2 10000 – 200000 quote 1.5000% 50.00x —
3 200000 – 1000000 quote 2.5000% 25.00x —
4 1000000 – 2000000 quote 3.0000% 20.00x —
5 2000000 – 2025000 quote 4.0000% 15.00x —
6 2025000 – 5000000 quote 5.0000% 10.00x —
7 5000000 – 7500000 quote 12.0000% 5.00x —
8 7500000 – 10000000 quote 15.0000% 4.00x —
9 10000000 – 12500000 quote 30.0000% 2.00x —
10 12500000 – ∞ quote 60.0000% 1.00x —

Bybit · HYPEPERP With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 2.5000% 20.00x —
2 5000 – 9000 quote 2.6300% 19.00x 6.5
3 9000 – 13000 quote 2.7800% 18.00x 20
4 13000 – 17000 quote 2.9400% 17.00x 40.8
5 17000 – 21000 quote 3.1300% 16.00x 73.1
6 21000 – 25000 quote 3.3300% 15.00x 115.1
7 25000 – 40000 quote 3.5700% 14.00x 175.1
8 40000 – 55000 quote 3.8500% 13.00x 287.1
9 55000 – 70000 quote 4.1700% 12.00x 463.1
10 70000 – 85000 quote 4.5500% 11.00x 729.1
11 85000 – 100000 quote 5.0000% 10.00x 1111.6
12 100000 – 110000 quote 5.2600% 9.50x 1371.6
13 110000 – 120000 quote 5.5600% 9.00x 1701.6
14 120000 – 130000 quote 5.8800% 8.50x 2085.6
15 130000 – 140000 quote 6.2500% 8.00x 2566.6
16 140000 – 150000 quote 6.6700% 7.50x 3154.6
17 150000 – 160000 quote 7.1400% 7.00x 3859.6
18 160000 – 170000 quote 7.6900% 6.50x 4739.6
19 170000 – 180000 quote 8.3300% 6.00x 5827.6
20 180000 – 190000 quote 9.0900% 5.50x 7195.6
21 190000 – 200000 quote 10.0000% 5.00x 8924.6
22 200000 – 350000 quote 11.1100% 4.50x 11144.6
23 350000 – 500000 quote 12.5000% 4.00x 16009.6
24 500000 – 625000 quote 14.2900% 3.50x 24959.6
25 625000 – 750000 quote 16.6700% 3.00x 39834.6
26 750000 – 875000 quote 20.0000% 2.50x 64809.6
27 875000 – 1000000 quote 25.0000% 2.00x 108559.6
28 1000000 – 1300000 quote 33.3300% 1.50x 191859.6
29 1300000 – 1600000 quote 40.0000% 1.25x 278569.6
30 1600000 – ∞ quote 50.0000% 1.00x 438569.6

Bybit · HYPEUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 0.6700% 75.00x —
2 5000 – 25000 quote 1.0000% 50.00x 16.5
3 25000 – 50000 quote 1.1100% 45.00x 44
4 50000 – 100000 quote 1.2500% 40.00x 114
5 100000 – 200000 quote 1.4300% 35.00x 294
6 200000 – 300000 quote 1.6700% 30.00x 774
7 300000 – 400000 quote 2.0000% 25.00x 1764
8 400000 – 500000 quote 2.5000% 20.00x 3764
9 500000 – 600000 quote 3.0000% 16.70x 6264
10 600000 – 700000 quote 3.5000% 14.30x 9264
11 700000 – 800000 quote 4.0000% 12.50x 12764
12 800000 – 900000 quote 4.5000% 11.10x 16764
13 900000 – 1000000 quote 5.0000% 10.00x 21264
14 1000000 – 2000000 quote 5.5000% 9.10x 26264
15 2000000 – 3000000 quote 6.0000% 8.30x 36264
16 3000000 – 4000000 quote 6.5000% 7.70x 51264
17 4000000 – 5000000 quote 7.0000% 7.10x 71264
18 5000000 – 6000000 quote 7.5000% 6.70x 96264
19 6000000 – 7000000 quote 8.0000% 6.30x 126264
20 7000000 – 8000000 quote 9.0000% 5.60x 196264
21 8000000 – 9000000 quote 10.0000% 5.00x 276264
22 9000000 – 10000000 quote 12.5000% 4.00x 501264
23 10000000 – 11000000 quote 15.0000% 3.30x 751264
24 11000000 – 12000000 quote 17.5000% 2.90x 1026264
25 12000000 – 13000000 quote 20.0000% 2.50x 1326264
26 13000000 – 14000000 quote 25.0000% 2.00x 1976264
27 14000000 – 15000000 quote 30.0000% 1.70x 2676264
28 15000000 – 16000000 quote 35.0000% 1.40x 3426264
29 16000000 – 18000000 quote 40.0000% 1.30x 4226264
30 18000000 – ∞ quote 50.0000% 1.00x 6026264

Gate · HYPE_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 20000 quote 0.8333% 75.00x —
2 20000 – 50000 quote 1.0000% 60.00x 33.34
3 50000 – 100000 quote 1.2000% 50.00x 133.34
4 100000 – 200000 quote 1.5000% 40.00x 433.34
5 200000 – 300000 quote 1.8000% 35.00x 1033.34
6 300000 – 500000 quote 2.0000% 30.00x 1633.34
7 500000 – 1000000 quote 2.5000% 25.00x 4133.34
8 1000000 – 2000000 quote 3.5000% 20.00x 14133.34
9 2000000 – 3000000 quote 4.0000% 16.00x 24133.34
10 3000000 – 4000000 quote 5.0000% 12.00x 54133.34
11 4000000 – 5000000 quote 6.0000% 10.00x 94133.34
12 5000000 – 6000000 quote 8.0000% 8.00x 194133.34
13 6000000 – 7000000 quote 10.0000% 5.00x 314133.34
14 7000000 – 8000000 quote 15.0000% 4.00x 664133.34
15 8000000 – 10000000 quote 20.0000% 3.00x 1064133.34
16 10000000 – 20000000 quote 30.0000% 2.00x 2064133.34
17 20000000 – 25000000 quote 40.0000% 1.80x 4064133.34
18 25000000 – 30000000 quote 50.0000% 1.50x 6564133.34
19 30000000 – 35000000 quote 60.0000% 1.20x 9564133.34
20 35000000 – ∞ quote 80.0000% 1.05x 16564133.34

Hyperliquid · HYPE With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 20000000 quote 5.0000% 10.00x —
2 20000000 – ∞ quote 10.0000% 5.00x 1000000

OKX · HYPE-USD-SWAP No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 20000 quote 2.0000% 20.00x —
2 20010 – 40000 quote 3.0000% 15.00x —
3 40010 – 60000 quote 4.0000% 12.50x —
4 60010 – 80000 quote 4.5000% 11.76x —
5 80010 – 100000 quote 5.0000% 11.11x —
6 100010 – 120000 quote 5.5000% 10.52x —
7 120010 – 140000 quote 6.0000% 10.00x —
8 140010 – 160000 quote 6.5000% 9.52x —
9 160010 – 180000 quote 7.0000% 9.09x —
10 180010 – 200000 quote 7.5000% 8.69x —
11 200010 – 220000 quote 8.0000% 8.33x —
12 220010 – 240000 quote 8.5000% 8.00x —
13 240010 – 260000 quote 9.0000% 7.69x —
14 260010 – 280000 quote 9.5000% 7.40x —
15 280010 – 300000 quote 10.0000% 7.14x —
16 300010 – 320000 quote 10.5000% 6.89x —
17 320010 – 340000 quote 11.0000% 6.66x —
18 340010 – 360000 quote 11.5000% 6.45x —
19 360010 – 380000 quote 12.0000% 6.25x —
20 380010 – 400000 quote 12.5000% 6.06x —
21 400010 – 420000 quote 13.0000% 5.88x —
22 420010 – 440000 quote 13.5000% 5.71x —
23 440010 – 460000 quote 14.0000% 5.55x —
24 460010 – 480000 quote 14.5000% 5.40x —
25 480010 – 500000 quote 15.0000% 5.26x —
26 500010 – 520000 quote 15.5000% 5.12x —
27 520010 – 540000 quote 16.0000% 5.00x —
28 540010 – 560000 quote 16.5000% 4.87x —
29 560010 – 580000 quote 17.0000% 4.76x —
30 580010 – 600000 quote 17.5000% 4.65x —
31 600010 – 620000 quote 18.0000% 4.54x —
32 620010 – 640000 quote 18.5000% 4.44x —
33 640010 – 660000 quote 19.0000% 4.34x —
34 660010 – 680000 quote 19.5000% 4.25x —
35 680010 – 700000 quote 20.0000% 4.16x —
36 700010 – 720000 quote 20.5000% 4.08x —
37 720010 – 740000 quote 21.0000% 4.00x —
38 740010 – 760000 quote 21.5000% 3.92x —
39 760010 – 780000 quote 22.0000% 3.84x —
40 780010 – 800000 quote 22.5000% 3.77x —
41 800010 – 820000 quote 23.0000% 3.70x —
42 820010 – 840000 quote 23.5000% 3.63x —
43 840010 – 860000 quote 24.0000% 3.57x —
44 860010 – 880000 quote 24.5000% 3.50x —
45 880010 – 900000 quote 25.0000% 3.44x —
46 900010 – 920000 quote 25.5000% 3.38x —
47 920010 – 940000 quote 26.0000% 3.33x —
48 940010 – 960000 quote 26.5000% 3.27x —
49 960010 – 980000 quote 27.0000% 3.22x —
50 980010 – 1000000 quote 27.5000% 3.17x —
51 1000010 – 1020000 quote 28.0000% 3.12x —
52 1020010 – 1040000 quote 28.5000% 3.07x —
53 1040010 – 1060000 quote 29.0000% 3.03x —
54 1060010 – 1080000 quote 29.5000% 2.98x —
55 1080010 – 1100000 quote 30.0000% 2.94x —
56 1100010 – 1120000 quote 30.5000% 2.89x —
57 1120010 – 1140000 quote 31.0000% 2.85x —
58 1140010 – 1160000 quote 31.5000% 2.81x —
59 1160010 – 1180000 quote 32.0000% 2.77x —
60 1180010 – 1200000 quote 32.5000% 2.73x —
61 1200010 – 1220000 quote 33.0000% 2.70x —
62 1220010 – 1240000 quote 33.5000% 2.66x —
63 1240010 – 1260000 quote 34.0000% 2.63x —
64 1260010 – 1280000 quote 34.5000% 2.59x —
65 1280010 – 1300000 quote 35.0000% 2.56x —
66 1300010 – 1320000 quote 35.5000% 2.53x —
67 1320010 – 1340000 quote 36.0000% 2.50x —
68 1340010 – 1360000 quote 36.5000% 2.46x —
69 1360010 – 1380000 quote 37.0000% 2.43x —
70 1380010 – 1400000 quote 37.5000% 2.40x —
71 1400010 – 1420000 quote 38.0000% 2.38x —
72 1420010 – 1440000 quote 38.5000% 2.35x —
73 1440010 – 1460000 quote 39.0000% 2.32x —
74 1460010 – 1480000 quote 39.5000% 2.29x —
75 1480010 – 1500000 quote 40.0000% 2.27x —
76 1500010 – 1520000 quote 40.5000% 2.24x —
77 1520010 – 1540000 quote 41.0000% 2.22x —
78 1540010 – 1560000 quote 41.5000% 2.19x —
79 1560010 – 1580000 quote 42.0000% 2.17x —
80 1580010 – 1600000 quote 42.5000% 2.15x —
81 1600010 – 1620000 quote 43.0000% 2.12x —
82 1620010 – 1640000 quote 43.5000% 2.10x —
83 1640010 – 1660000 quote 44.0000% 2.08x —
84 1660010 – 1680000 quote 44.5000% 2.06x —
85 1680010 – 1700000 quote 45.0000% 2.04x —
86 1700010 – 1720000 quote 45.5000% 2.02x —
87 1720010 – 1740000 quote 46.0000% 2.00x —

Lighter · HYPE No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – ∞ quote 3.0000% 20.00x —

OKX · HYPE-USDT-SWAP No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 2500 base 0.6500% 50.00x —
2 2500.1 – 5000 base 1.0000% 40.00x —
3 5000.1 – 10000 base 1.5000% 20.00x —
4 10000.1 – 20000 base 2.0000% 18.18x —
5 20000.1 – 30000 base 2.5000% 16.66x —
6 30000.1 – 40000 base 3.0000% 15.38x —
7 40000.1 – 50000 base 3.5000% 14.28x —
8 50000.1 – 60000 base 4.0000% 13.33x —
9 60000.1 – 70000 base 4.5000% 12.50x —
10 70000.1 – 80000 base 5.0000% 11.76x —
11 80000.1 – 90000 base 5.5000% 11.11x —
12 90000.1 – 100000 base 6.0000% 10.52x —
13 100000.1 – 110000 base 6.5000% 10.00x —
14 110000.1 – 120000 base 7.0000% 9.52x —
15 120000.1 – 130000 base 7.5000% 9.09x —
16 130000.1 – 140000 base 8.0000% 8.69x —
17 140000.1 – 150000 base 8.5000% 8.33x —
18 150000.1 – 160000 base 9.0000% 8.00x —
19 160000.1 – 170000 base 9.5000% 7.69x —
20 170000.1 – 180000 base 10.0000% 7.40x —
21 180000.1 – 190000 base 10.5000% 7.14x —
22 190000.1 – 200000 base 11.0000% 6.89x —
23 200000.1 – 210000 base 11.5000% 6.66x —
24 210000.1 – 220000 base 12.0000% 6.45x —
25 220000.1 – 230000 base 12.5000% 6.25x —
26 230000.1 – 240000 base 13.0000% 6.06x —
27 240000.1 – 250000 base 13.5000% 5.88x —
28 250000.1 – 260000 base 14.0000% 5.71x —
29 260000.1 – 270000 base 14.5000% 5.55x —
30 270000.1 – 280000 base 15.0000% 5.40x —
31 280000.1 – 290000 base 15.5000% 5.26x —
32 290000.1 – 300000 base 16.0000% 5.12x —
33 300000.1 – 310000 base 16.5000% 5.00x —
34 310000.1 – 320000 base 17.0000% 4.87x —
35 320000.1 – 330000 base 17.5000% 4.76x —
36 330000.1 – 340000 base 18.0000% 4.65x —
37 340000.1 – 350000 base 18.5000% 4.54x —
38 350000.1 – 360000 base 19.0000% 4.44x —
39 360000.1 – 370000 base 19.5000% 4.34x —
40 370000.1 – 380000 base 20.0000% 4.25x —
41 380000.1 – 390000 base 20.5000% 4.16x —
42 390000.1 – 400000 base 21.0000% 4.08x —
43 400000.1 – 410000 base 21.5000% 4.00x —
44 410000.1 – 420000 base 22.0000% 3.92x —
45 420000.1 – 430000 base 22.5000% 3.84x —
46 430000.1 – 440000 base 23.0000% 3.77x —
47 440000.1 – 450000 base 23.5000% 3.70x —
48 450000.1 – 460000 base 24.0000% 3.63x —
49 460000.1 – 470000 base 24.5000% 3.57x —
50 470000.1 – 480000 base 25.0000% 3.50x —
51 480000.1 – 490000 base 25.5000% 3.44x —
52 490000.1 – 500000 base 26.0000% 3.38x —
53 500000.1 – 510000 base 26.5000% 3.33x —
54 510000.1 – 520000 base 27.0000% 3.27x —
55 520000.1 – 530000 base 27.5000% 3.22x —
56 530000.1 – 540000 base 28.0000% 3.17x —
57 540000.1 – 550000 base 28.5000% 3.12x —
58 550000.1 – 560000 base 29.0000% 3.07x —
59 560000.1 – 570000 base 29.5000% 3.03x —
60 570000.1 – 580000 base 30.0000% 2.98x —
61 580000.1 – 590000 base 30.5000% 2.94x —
62 590000.1 – 600000 base 31.0000% 2.89x —
63 600000.1 – 610000 base 31.5000% 2.85x —
64 610000.1 – 620000 base 32.0000% 2.81x —
65 620000.1 – 630000 base 32.5000% 2.77x —
66 630000.1 – 640000 base 33.0000% 2.73x —
67 640000.1 – 650000 base 33.5000% 2.70x —
68 650000.1 – 660000 base 34.0000% 2.66x —
69 660000.1 – 670000 base 34.5000% 2.63x —
70 670000.1 – 680000 base 35.0000% 2.59x —
71 680000.1 – 690000 base 35.5000% 2.56x —
72 690000.1 – 700000 base 36.0000% 2.53x —
73 700000.1 – 710000 base 36.5000% 2.50x —
74 710000.1 – 720000 base 37.0000% 2.46x —
75 720000.1 – 730000 base 37.5000% 2.43x —
76 730000.1 – 740000 base 38.0000% 2.40x —
77 740000.1 – 750000 base 38.5000% 2.38x —
78 750000.1 – 760000 base 39.0000% 2.35x —
79 760000.1 – 770000 base 39.5000% 2.32x —
80 770000.1 – 780000 base 40.0000% 2.29x —
81 780000.1 – 790000 base 40.5000% 2.27x —
82 790000.1 – 800000 base 41.0000% 2.24x —
83 800000.1 – 810000 base 41.5000% 2.22x —
84 810000.1 – 820000 base 42.0000% 2.19x —
85 820000.1 – 830000 base 42.5000% 2.17x —
86 830000.1 – 840000 base 43.0000% 2.15x —
87 840000.1 – 850000 base 43.5000% 2.12x —
88 850000.1 – 860000 base 44.0000% 2.10x —
89 860000.1 – 870000 base 44.5000% 2.08x —
90 870000.1 – 880000 base 45.0000% 2.06x —
91 880000.1 – 890000 base 45.5000% 2.04x —
92 890000.1 – 900000 base 46.0000% 2.02x —
93 900000.1 – 910000 base 46.5000% 2.00x —