# HYPE funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/HYPE/funding · window: last 30 days · generated 2026-09-23T19:06 UTC

What HYPE actually paid over the last 30 days: 13,589 settlements across 35 venues, broken down venue by venue. These are settled payments — the amount an exchange actually charged or credited each funding interval — not the rate currently quoted for the next payment. BloFin paid the most over the window at +2.3434% of position size.

A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 82% of the 13,589 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +2.3434% on BloFin to -0.3794% on Backpack — the gap between them is what a delta-neutral position collecting on both legs would have captured before fees and slippage. Verify the live version of this spread on the ORBIT funding screener before sizing a trade: settled history shows what already happened, not what will happen next.

| Exchange | Settlements | Total paid | Average APR | Largest | Smallest | Last settled |
|---|---:|---:|---:|---:|---:|---|
| BloFin | 180 | +2.3434% | +28.53% | +0.0272% | -0.0238% | 2026-09-23 16:00 UTC |
| Phoenix | 720 | +1.3643% | +16.61% | +0.0059% | -0.0046% | 2026-09-23 19:00 UTC |
| HTX | 180 | +0.9019% | +10.98% | +0.0236% | -0.0125% | 2026-09-23 16:00 UTC |
| Arcus | 720 | +0.8705% | +10.60% | +0.0086% | -0.0119% | 2026-09-23 19:00 UTC |
| Lighter Robinhood | 720 | +0.7824% | +9.53% | +0.0040% | +0.0000% | 2026-09-23 19:00 UTC |
| StandX | 720 | +0.7770% | +9.46% | +0.0013% | -0.0029% | 2026-09-23 19:00 UTC |
| grvt | 180 | +0.7753% | +9.44% | +0.0050% | -0.0084% | 2026-09-23 16:00 UTC |
| Bullpen (mirrors hyperliquid) | 720 | +0.7663% | +9.33% | +0.0152% | -0.0045% | 2026-09-23 19:00 UTC |
| Hyperliquid | 720 | +0.7663% | +9.33% | +0.0152% | -0.0045% | 2026-09-23 19:00 UTC |
| KuCoin | 180 | +0.7418% | +9.03% | +0.0050% | -0.0092% | 2026-09-23 16:00 UTC |
| PopDEX | 718 | +0.6617% | +8.08% | +0.0013% | -0.0030% | 2026-09-23 19:00 UTC |
| Pionex | 180 | +0.6544% | +7.97% | +0.0050% | -0.0059% | 2026-09-23 16:00 UTC |
| Binance Futures | 180 | +0.6311% | +7.68% | +0.0050% | -0.0100% | 2026-09-23 16:00 UTC |
| WEEX | 180 | +0.6305% | +7.68% | +0.0050% | -0.0100% | 2026-09-23 16:00 UTC |
| BitMart | 180 | +0.6280% | +7.65% | +0.0052% | -0.0100% | 2026-09-23 16:00 UTC |
| MEXC | 180 | +0.6270% | +7.63% | +0.0050% | -0.0100% | 2026-09-23 16:00 UTC |
| Bitunix | 180 | +0.6265% | +7.63% | +0.0050% | -0.0101% | 2026-09-23 16:00 UTC |
| edgeX V2 | 180 | +0.6203% | +7.55% | +0.0059% | -0.0103% | 2026-09-23 16:00 UTC |
| Toobit | 180 | +0.6162% | +7.50% | +0.0050% | -0.0100% | 2026-09-23 16:00 UTC |
| BingX | 180 | +0.5628% | +6.85% | +0.0100% | -0.0165% | 2026-09-23 16:00 UTC |
| ApeX | 720 | +0.5548% | +6.75% | +0.0013% | -0.0050% | 2026-09-23 19:00 UTC |
| Extended | 720 | +0.5541% | +6.75% | +0.0037% | -0.0112% | 2026-09-23 19:00 UTC |
| Ondo | 720 | +0.5515% | +6.71% | +0.0013% | -0.0074% | 2026-09-23 19:00 UTC |
| Pacifica | 718 | +0.5332% | +6.51% | +0.0013% | -0.0041% | 2026-09-23 19:00 UTC |
| Bybit | 90 | +0.5086% | +6.19% | +0.0100% | -0.0048% | 2026-09-23 16:00 UTC |
| OKX | 90 | +0.5013% | +6.10% | +0.0100% | -0.0144% | 2026-09-23 16:00 UTC |
| Paradex | 93 | +0.4882% | +5.75% | +0.0131% | -0.0114% | 2026-09-23 16:00 UTC |
| Aster | 180 | +0.4154% | +5.06% | +0.0050% | -0.0180% | 2026-09-23 16:00 UTC |
| Polymarket | 720 | +0.3950% | +4.81% | +0.0013% | -0.0087% | 2026-09-23 19:00 UTC |
| Bitget | 180 | +0.3609% | +4.39% | +0.0050% | -0.0158% | 2026-09-23 16:00 UTC |
| Gate.io | 180 | +0.3600% | +4.38% | +0.0050% | -0.0107% | 2026-09-23 16:00 UTC |
| dYdX | 720 | +0.2295% | +2.79% | +0.0166% | -0.0058% | 2026-09-23 19:00 UTC |
| Hotcoin | 180 | +0.1342% | +1.63% | +0.0129% | -0.0075% | 2026-09-23 16:00 UTC |
| WOOFi Pro | 180 | -0.1126% | -1.37% | +0.0313% | -0.0399% | 2026-09-23 16:00 UTC |
| Backpack | 720 | -0.3794% | -4.62% | +0.0165% | -0.0129% | 2026-09-23 19:00 UTC |

## FAQ

### Is the HYPE funding rate a live quote or an actual payment?

A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 82% of the 13,589 settlements recorded here.

### Which exchange has paid the most settled HYPE funding recently?

BloFin paid the most over the last 30 days at +2.3434% of position size across 180 settlements, an average annualized rate of +28.53%. This is a sum of actual payments, not a forecast.

### How often is HYPE funding actually paid?

Over the last 30 days, ORBIT recorded 13,589 funding settlements for HYPE across 35 venues. Settlement schedules differ by venue — some pay hourly, others every 4 or 8 hours — so the number of payments per venue in the table above is not the same for all of them.

### What is the widest settled HYPE funding spread between venues?

Over the last 30 days, settled totals ranged from +2.3434% on BloFin to -0.3794% on Backpack. That gap is what a position holding both legs — long on the venue that paid least, short on the one that paid most — would have collected before fees and slippage. Check the current spread on the live screener, since settled history describes the past, not the next payment.

Live rates: https://orbitperpscreener.com/markets/asset/HYPE · Screener: https://orbitperpscreener.com/screener
