Hyperliquid TRX perpetual
TRX
As of 2026-11-04 08:47 UTC, TRX on Hyperliquid has a collected rate of -0.0003% over 1h, or -2.40% simple annualised; its collected settlement interval is 1h, with up to 10x leverage. Bybit has a lower rate for longs at -64.80%.
Settled rates over the past 30 days
Settled funding for TRX
The latest 30-day window contains 716 settlements covering 716 known-period hours, with a cumulative rate of -1.3079%. The latest 12 settlements are shown below.
| Settlement time (UTC) | Rate | Rate period |
|---|---|---|
| 2026-11-04 04:00 | +0.0006% | 1h |
| 2026-11-04 03:00 | +0.0013% | 1h |
| 2026-11-04 02:00 | +0.0013% | 1h |
| 2026-11-04 01:00 | +0.0012% | 1h |
| 2026-11-04 00:00 | +0.0013% | 1h |
| 2026-11-03 23:00 | +0.0013% | 1h |
| 2026-11-03 22:00 | +0.0013% | 1h |
| 2026-11-03 21:00 | +0.0013% | 1h |
| 2026-11-03 20:00 | +0.0013% | 1h |
| 2026-11-03 19:00 | +0.0013% | 1h |
| 2026-11-03 18:00 | +0.0013% | 1h |
| 2026-11-03 17:00 | +0.0013% | 1h |
The cumulative rate sums actual settlements with known periods. Positive totals mean net payment by longs and receipt by shorts; negative totals reverse the direction. If notional value changed, multiplying the current position by this total will not reproduce account cash flows. Historical rates do not predict returns.
How do I select the margin tier for TRX?
This table selects tiers by position notional in USD, not by the amount of margin deposited. The first tier starts at 0 and ends at 3000000 USD. Above that, tier 2 requires 10.0000% maintenance margin.
Further readingHow liquidation price is calculated: tiered maintenance margin and deductionsHow funding fees work: amounts, signs and settlement
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 (on the hour, UTC). Lot size uses the venue’s original order unit; the calculator takes base-asset quantity. Settlement intervals and times on every venue.
The same asset elsewhere
| Venue | Contract | Rate period | Annualised |
|---|---|---|---|
| Bybit | TRXPERP | 4h | -64.80% |
| Bybit | TRXUSDT | 8h | -22.18% |
| OKX | TRX-USDT-SWAP | 8h | -19.50% |
| Lighter | TRX | 8h | -9.64% |
| Hyperliquid this page | TRX | 1h | -2.40% |
| Gate | TRX_USDT | 8h | -2.08% |
| Aster | TRXUSDT | 8h | +4.55% |
| Binance | TRXUSDT | 8h | +10.67% |
| Bitget | TRXUSDT | 8h | +10.95% |
Common questions
What is the Hyperliquid TRX funding rate?
The latest collected Hyperliquid TRX funding rate is -0.0003% per 1h rate period, or -2.40% simple annualised. At this rate shorts pay longs.
How often is funding charged on Hyperliquid TRX?
The collected settlement interval is 1h, normally 24 times a day. It settles on the hour (UTC). Venues can change it again; confirm the next settlement time on the venue's contract page.
What is the maximum leverage on Hyperliquid TRX?
The collected leverage cap for Hyperliquid TRX is 10x, with 2 margin tiers shown. The first margin tier, up to 3M USD, allows 10x; the second allows 5x.
What is the maintenance margin rate on Hyperliquid TRX?
The first tier requires 5.0000%, with 2 available tiers. The applicable requirement depends on the position’s tier. This venue applies a deduction: maintenance margin = notional × tier rate − the tier's maintenance amount.
Which venue has the lowest TRX funding cost for longs?
For a long position, Bybit currently has the lowest rate at -64.80% annualised; this page's Hyperliquid is at -2.40%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.
What has Hyperliquid TRX funding paid over the past 30 days?
Settlements over the past 30 days annualise to -16.00% across 716 settlements, 48% 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 2026-11-04 08:47 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
716 settlements are available, covering 716 known-period hours, from 2026-10-05 09:00 to 2026-11-04 04:00 UTC. Annualisation uses those covered hours; a full 30-day record is not implied.