Hyperliquid PAXG perpetual
PAXG
As of 2026-09-09 12:46 UTC, PAXG on Hyperliquid has a collected rate of +0.0009% over 1h, or +7.83% simple annualised; its collected settlement interval is 1h, with up to 10x leverage. Gate has a lower rate for longs at 0.00%.
Settled rates over the past 30 days
Maintenance margin ladder
With deduction · An isolated-margin estimate for linear contracts; excludes closing fees, accrued funding, auto-added margin and other positions.
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 3000000 quote | 5.0000% | 10.00x | — |
| 2 | 3000000 – ∞ quote | 10.0000% | 5.00x | 150000 |
Contract specification
Quote currency: USD · Settlement currency: USDC · Settlement interval: 1h. Lot size uses the venue’s original order unit; the calculator takes base-asset quantity.
The same asset elsewhere
| Venue | Contract | Rate period | Annualised |
|---|---|---|---|
| Gate | PAXG_USDT | 8h | 0.00% |
| Bitget | PAXGUSDT | 4h | +3.07% |
| Binance | PAXGUSDT | 4h | +4.18% |
| Lighter | PAXG | 8h | +5.26% |
| Hyperliquid this page | PAXG | 1h | +7.83% |
| Aster | PAXGUSDT | 4h | +10.95% |
| Bybit | PAXGPERP | 4h | +10.95% |
| Bybit | PAXGUSDT | 4h | +10.95% |
Common questions
What is the Hyperliquid PAXG funding rate?
The latest collected Hyperliquid PAXG funding rate is +0.0009% over a 1h rate period, or +7.83% simple annualised. That period is used for conversion and may differ from the settlement interval. Positive means longs pay shorts; negative reverses this.
How often is funding charged on Hyperliquid PAXG?
The collected settlement interval is 1h, normally 24 times a day. Venues can change it; confirm the next settlement time on the contract page.
What is the maximum leverage on Hyperliquid PAXG?
The collected leverage cap for Hyperliquid PAXG is 10x, with 2 margin tiers shown. Actual leverage also depends on position size, account settings and venue rules.
What is the maintenance margin rate on Hyperliquid PAXG?
The first tier requires 5.0000%, and there are 2 tiers in all — a larger position requires more. This venue applies a deduction: maintenance margin = notional × tier rate − the tier's maintenance amount.
Which venue has the lowest PAXG funding cost for longs?
For a long position, Gate currently has the lowest rate at 0.00% annualised; this page's Hyperliquid is at +7.83%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.
What has Hyperliquid PAXG funding paid over the past 30 days?
Settlements over the past 30 days annualise to +8.03% across 714 settlements, 9% of which were negative (shorts paying). That is what already happened, not a forecast.
Observation time and verification
This contract’s funding was observed at 2026-09-09 12:46 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. Hyperliquid official data source · Funding methodology
History coverage for this contract
714 settlements are available, covering 714 known-period hours, from 2026-08-10 13:00 to 2026-09-09 06:00 UTC. Annualisation uses those covered hours; a full 30-day record is not implied.