Hyperliquid Funding Rate
Hyperliquid annualized funding rate
| Property | Value |
|---|---|
| Category | exchanges |
| Unit | % |
| Resolution | 1d |
| Assets | BTC |
| Tier | Basic |
| API Endpoint | GET /v1/funding/exchange |
| Field | annualized_apr |
Overview
Annualized perpetual funding rate on Hyperliquid, a decentralized perpetual futures exchange. Hyperliquid settles funding every hour (1/8 of a standard 8h rate), which is normalized to 8h equivalent for comparability.
Interpretation
Hyperliquid attracts DeFi-native and technically sophisticated traders. Its rates may diverge from centralized exchanges due to different user demographics and on-chain settlement mechanics.
Use Cases
- Comparing CEX vs DEX funding rate dynamics
- Monitoring DeFi derivatives sentiment
- Arbitrage between centralized and decentralized venues
API Usage
curl -H "Authorization: Bearer YOUR_API_KEY" \
"https://api.blocklens.co/v1/funding/exchange?start_date=2024-01-01&end_date=2024-12-31&limit=365"
Related Metrics
- Annualized Funding Rate (OI-Weighted) — OI-weighted average annualized funding rate across 7 exchanges
- Futures Open Interest — Total futures open interest across all exchanges in USD
- Binance Funding Rate — Binance annualized funding rate