By Keel Research Team · Updated September 18, 2026
Hyperliquid funding rates for the main-dex perps in the snapshot (178 of HL's 178 live perps) — the top 30 pairs ranked by the last settled 1-hour rate, beside Hyperliquid's predicted rate for the next settlement, both annualized so you can compare carry across pairs. Refreshed hourly after each funding settlement; cached up to 10 minutes.
| # | Symbol | Last settled (1h) | Annualized APR | Next (predicted) | Next APR |
|---|---|---|---|---|---|
| 1 | PONS | +0.96 bps | +84.2% | +0.65 bps | +57.2% |
| 2 | ZRO | +0.78 bps | +68.7% | +0.98 bps | +85.8% |
| 3 | AZTEC | +0.70 bps | +61.3% | +0.13 bps | +11.2% |
| 4 | MANTA | +0.56 bps | +48.7% | +0.64 bps | +56.5% |
| 5 | NIL | +0.43 bps | +37.6% | +0.17 bps | +14.8% |
| 6 | STBL | +0.36 bps | +31.5% | +0.13 bps | +10.9% |
| 7 | USELESS | +0.35 bps | +31.1% | +0.52 bps | +45.4% |
| 8 | SPX | +0.20 bps | +17.9% | +0.13 bps | +11.3% |
| 9 | SKY | +0.20 bps | +17.2% | +0.24 bps | +20.8% |
| 10 | SUPER | +0.13 bps | +10.9% | +0.13 bps | +10.9% |
| 11 | AR | +0.13 bps | +10.9% | +0.13 bps | +10.9% |
| 12 | GRASS | +0.13 bps | +10.9% | +0.13 bps | +10.9% |
| 13 | SUI | +0.13 bps | +10.9% | +0.13 bps | +10.9% |
| 14 | IMX | +0.13 bps | +10.9% | +0.13 bps | +10.9% |
| 15 | ARB | +0.13 bps | +10.9% | +0.13 bps | +10.9% |
| 16 | IO | +0.13 bps | +10.9% | +0.13 bps | +10.9% |
| 17 | MERL | +0.13 bps | +10.9% | +0.13 bps | +10.9% |
| 18 | OP | +0.13 bps | +10.9% | +0.13 bps | +10.9% |
| 19 | UNI | +0.13 bps | +10.9% | +0.13 bps | +10.9% |
| 20 | TIA | +0.13 bps | +10.9% | +0.13 bps | +10.9% |
| 21 | FET | +0.13 bps | +10.9% | +0.13 bps | +10.9% |
| 22 | FIL | +0.13 bps | +10.9% | +0.13 bps | +10.9% |
| 23 | MET | +0.13 bps | +10.9% | +0.13 bps | +10.9% |
| 24 | LDO | +0.13 bps | +10.9% | +0.13 bps | +10.9% |
| 25 | CC | +0.13 bps | +10.9% | +0.13 bps | +10.9% |
| 26 | CRV | +0.13 bps | +10.9% | +0.13 bps | +10.9% |
| 27 | SNX | +0.13 bps | +10.9% | +0.13 bps | +10.9% |
| 28 | XMR | +0.13 bps | +10.9% | +0.13 bps | +10.9% |
| 29 | ICP | +0.13 bps | +10.9% | +0.13 bps | +10.9% |
| 30 | SEI | +0.13 bps | +10.9% | +0.13 bps | +10.9% |
Trade these rates systematically — backtested on Hyperliquid: Funding Carry → · Momentum + Funding →
The leaderboard ranks the main-dex Hyperliquid perpetuals in the latest hourly market snapshot by their last settled 1-hour funding rate — the value Hyperliquid paid at the most recent settlement. Funding settles every hour on Hyperliquid — when a perp trades above its spot oracle, longs pay shorts; when below, shorts pay longs. The leaderboard surfaces the top 30 pairs by settled hourly rate.
Next (predicted) is Hyperliquid’s own live estimate for the coming settlement, read from the public metaAndAssetCtxs endpoint, cached up to 10 minutes like the snapshot. It moves with the premium until the hour closes, so it can sit far from the settled rate — a pair paying +150% APR at the last settlement can already be predicted at the 0.125 bps floor for the next one. Read the two together: settled is what was paid, predicted is where the market is now. A dash means the venue read was unavailable when the page rendered.
Annualized APR is a simple rate_per_hour × 8760 extrapolation — what you’d earn (or pay) if the current rate held for a year. It won’t. But it gives the right order-of-magnitude for comparing carry across pairs and against other yield sources.
What this page does not show yet: 24h change in funding rate, 7-day funding-rate persistence, and per-pair historical regime context — these require a funding-history endpoint that isn’t yet public. We’ll add the columns once the page proves traffic and we have a reason to invest in the data path. For now the settled and predicted rates are honest, and the surrounding context (oracle, settlement cadence, regime caveats) is spelled out plainly above.
Sort by tapping any column header. Click into the Hyperliquid Funding Rate Screener (linked below) to filter for the carry setups that combine high funding with low realized volatility — the cleanest entries.
Keel is a Strategy OS for AI-assisted systematic trading on Hyperliquid. Turn this leaderboard into a strategy — backtest with realistic fees, slippage, and funding modeled, then deploy live with funding-aware execution.
Funding is a periodic payment between perpetual longs and shorts that keeps the perp price anchored to its spot oracle. Hyperliquid settles funding every hour. A positive funding rate means longs pay shorts (perp trading above oracle); negative means shorts pay longs. The per-hour rate is small — most pairs sit at Hyperliquid's 0.00125 %/h floor (0.125 bps, about 11 % APR) most of the time — but when a perp trades far from its oracle the annualized number can be large.
Funding settles hourly on Hyperliquid, so the per-hour rate × 8760 (hours in a year) gives the annualized yield assuming the rate persists. A 0.01%/hr funding rate = ~87.6% APR. The annualized number isn't a guarantee — rates flip routinely — but it's the right unit for comparing carry across pairs and against other yield sources.
Hourly, after each funding settlement; cached up to 10 minutes. Hyperliquid settles funding at the top of every hour; the snapshot behind the "Last settled (1h)" column is rebuilt a few minutes after each settlement, and the page caches it for up to 10 more minutes. The "Next (predicted)" column is Hyperliquid's live estimate for the coming settlement, read from the public API on the same cache. The "Last updated" stamp above the table is the close of the hour the settled rates belong to.
Three catches. First, funding flips. A pair paying 100% APR can drop to flat or negative inside hours — usually around news or large price moves. Second, the perp can move against your hedged short while you wait for funding to pay you back — the funding is collateral against your hedge cost. Third, the higher the funding, the more directional positioning is already crowded — entry timing matters. Use this leaderboard as a starting point, not a deploy signal.
Open the Hyperliquid Funding Rate Screener for a screened cohort of carry candidates (high funding combined with low volatility), then click "Backtest in Keel" to run the strategy with realistic fees, slippage, and funding modeled. From there you can change a parameter and re-run, then deploy live with funding-aware execution. Free to start.
Cross-sectional screen for HL pairs paying the most carry — high funding combined with low realized volatility.
Compute gross PnL, funding cost, and net PnL for any HL perp trade — long or short, any hold duration.
Compute the liquidation price for any HL perp position. Entry, leverage, side — returns liq price and cushion %.