HYPE 永续合约资金费率 — 各交易所对比
HYPE 资金费本周的实际结算收益
按过去 7 天实际结算的资金费排序（$10,000 仓位，已扣除开平仓成本），而不是瞬时年化。
$10,000 做 HYPE：做多 ApeX / 做空 BloFin → 扣除成本后一周 +$45.11（实际结算年化 48.8%）。
- 做多 ApeX做空 BloFin+$45.11每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +48.8%
- 稳定
- 88%
回本 2 天 - 做多 ApeX做空 Variational+$33.72每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +30.1%
- 稳定
- 99%
回本 1 天 - 做多 ApeX做空 Lighter+$32.41每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +29.7%
- 稳定
- 99%
回本 1 天
过去 7 天的实际数据，不是预测。成本 = 两家交易所开平仓的吃单手续费。 即将结算的资金费 →
Funding Rates by Exchange
+55.77%
Interval
1h
Open Interest
$88K
Mark Price
$69.272
+48.93%
Interval
1h
Open Interest
$37K
Mark Price
$69.2315
+39.66%
Interval
4h
Open Interest
$16.6M
Mark Price
$69.241
+39.46%
Interval
1h
Open Interest
$13K
Mark Price
$69.2259
+12.05%
Interval
4h
Open Interest
$26.7M
Mark Price
$69.2
+11.40%
Interval
1h
Open Interest
$4.6M
Mark Price
$69.1857
+10.96%
Interval
4h
Open Interest
$368.9M
Mark Price
$69.2162
+10.96%
Interval
4h
Open Interest
$33.9M
Mark Price
$69.258
+10.96%
Interval
4h
Open Interest
$527K
Mark Price
$69.304
+10.96%
Interval
4h
Open Interest
$110.7M
Mark Price
$69.253
+10.96%
Interval
4h
Open Interest
$5.4M
Mark Price
$69.314
+10.96%
Interval
1h
Open Interest
$5.0M
Mark Price
$69.205
+10.96%
Interval
1h
Open Interest
$6.2M
Mark Price
$69.229
+10.96%
Interval
4h
Open Interest
$5.3M
Mark Price
$69.273
+10.96%
Interval
8h
Open Interest
$26.7M
Mark Price
$69.2237
+10.96%
Interval
1h
Open Interest
$273K
Mark Price
$69.1812
+10.96%
Interval
4h
Open Interest
$32.5M
Mark Price
$69.209
+10.96%
Interval
1h
Open Interest
—
Mark Price
$69.258
+10.96%
Interval
4h
Open Interest
—
Mark Price
$69.256
+10.96%
Interval
4h
Open Interest
—
Mark Price
$69.245
+10.96%
Interval
4h
Open Interest
$4.3M
Mark Price
$69.2655
+10.96%
Interval
4h
Open Interest
—
Mark Price
$69.209
+10.96%
Interval
4h
Open Interest
—
Mark Price
$69.21
+10.96%
Interval
1h
Open Interest
$2.4M
Mark Price
$69.15
+10.96%
Interval
1h
Open Interest
$2.7M
Mark Price
$69.144
+10.96%
Interval
1h
Open Interest
$639K
Mark Price
$69.166
+10.96%
Interval
1h
Open Interest
$868K
Mark Price
$69.2325
+10.96%
Interval
1h
Open Interest
$373K
Mark Price
$69.212
+10.96%
Interval
1h
Open Interest
$145K
Mark Price
$69.221
+10.89%
Interval
8h
Open Interest
$4K
Mark Price
$69.15
+10.68%
Interval
1h
Open Interest
$1.8M
Mark Price
$69.2285
+10.52%
Interval
1h
Open Interest
$18.3M
Mark Price
$69.213
+10.52%
Interval
1h
Open Interest
$3.5M
Mark Price
$69.242
+10.09%
Interval
1h
Open Interest
$247K
Mark Price
$69.531
+10.01%
Interval
1h
Open Interest
$20K
Mark Price
$69.1727
+9.41%
Interval
4h
Open Interest
$156K
Mark Price
$69.19
+9.26%
Interval
4h
Open Interest
$2.3M
Mark Price
$69.2189
+7.55%
Interval
8h
Open Interest
$59K
Mark Price
$69.1934
+6.70%
Interval
8h
Open Interest
$220.1M
Mark Price
$69.2
+6.17%
Interval
1h
Open Interest
$89K
Mark Price
$69.243
+5.79%
Interval
1h
Open Interest
$1.8M
Mark Price
$69.2455
+4.50%
Interval
1h
Open Interest
$1.48B
Mark Price
$69.182
+4.50%
Interval
1h
Open Interest
$1.48B
Mark Price
$69.182
+4.50%
Interval
1h
Open Interest
$1.48B
Mark Price
$69.182
+4.50%
Interval
1h
Open Interest
$1.48B
Mark Price
$69.182
+4.50%
Interval
1h
Open Interest
$1.48B
Mark Price
$69.182
+4.47%
Interval
1h
Open Interest
$1.48B
Mark Price
$69.137
+4.38%
Interval
1h
Open Interest
$152K
Mark Price
$69.171
+3.07%
Interval
4h
Open Interest
$40.2M
Mark Price
$69.199
+2.75%
Interval
8h
Open Interest
$95.5M
Mark Price
$69.248
-2.41%
Interval
4h
Open Interest
$166.7M
Mark Price
$69.231
-3.33%
Interval
1h
Open Interest
$483K
Mark Price
$69.2072
-4.82%
Interval
4h
Open Interest
$197.1M
Mark Price
$69.215
-5.26%
Interval
1h
Open Interest
$47K
Mark Price
$69.164
-31.47%
Interval
1h
Open Interest
$17K
Mark Price
$69.212
-33.42%
Interval
1h
Open Interest
$620K
Mark Price
$69.209
-34.97%
Interval
8h
Open Interest
$9.2M
Mark Price
$69.247
Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
 BluefinBest Short | +55.77% | 1h | $88K | $69.272 |
 Perpl | +48.93% | 1h | $37K | $69.2315 |
 BloFin | +39.66% | 4h | $16.6M | $69.241 |
 Aftermath | +39.46% | 1h | $13K | $69.2259 |
 Hotcoin | +12.05% | 4h | $26.7M | $69.2 |
 Extended | +11.40% | 1h | $4.6M | $69.1857 |
 Binance Futures | +10.96% | 4h | $368.9M | $69.2162 |
 BingX | +10.96% | 4h | $33.9M | $69.258 |
 HTX | +10.96% | 4h | $527K | $69.304 |
 MEXC | +10.96% | 4h | $110.7M | $69.253 |
 Aster | +10.96% | 4h | $5.4M | $69.314 |
 Pacifica | +10.96% | 1h | $5.0M | $69.205 |
 Backpack | +10.96% | 1h | $6.2M | $69.229 |
 grvt | +10.96% | 4h | $5.3M | $69.273 |
 Variational | +10.96% | 8h | $26.7M | $69.2237 |
 Ondo | +10.96% | 1h | $273K | $69.1812 |
 Toobit | +10.96% | 4h | $32.5M | $69.209 |
 Bullet | +10.96% | 1h | — | $69.258 |
 Bitunix | +10.96% | 4h | — | $69.256 |
 WEEX | +10.96% | 4h | — | $69.245 |
 Pionex | +10.96% | 4h | $4.3M | $69.2655 |
 CoinW | +10.96% | 4h | — | $69.209 |
 LBank | +10.96% | 4h | — | $69.21 |
 TxFlow | +10.96% | 1h | $2.4M | $69.15 |
 Arcus | +10.96% | 1h | $2.7M | $69.144 |
 Polymarket | +10.96% | 1h | $639K | $69.166 |
 BULK | +10.96% | 1h | $868K | $69.2325 |
 PopDEX | +10.96% | 1h | $373K | $69.212 |
 Decibel | +10.96% | 1h | $145K | $69.221 |
 Katana Perps | +10.89% | 8h | $4K | $69.15 |
 RiseX | +10.68% | 1h | $1.8M | $69.2285 |
 Lighter | +10.52% | 1h | $18.3M | $69.213 |
 Lighter Robinhood | +10.52% | 1h | $3.5M | $69.242 |
 Phoenix | +10.09% | 1h | $247K | $69.531 |
 Meridian | +10.01% | 1h | $20K | $69.1727 |
 WOOFi Pro | +9.41% | 4h | $156K | $69.19 |
 edgeX V2 | +9.26% | 4h | $2.3M | $69.2189 |
 Paradex | +7.55% | 8h | $59K | $69.1934 |
 Bybit | +6.70% | 8h | $220.1M | $69.2 |
 SoDEX | +6.17% | 1h | $89K | $69.243 |
 NADO | +5.79% | 1h | $1.8M | $69.2455 |
 Hyperliquid | +4.50% | 1h | $1.48B | $69.182 |
 dreamcash | +4.50% | 1h | $1.48B | $69.182 |
 Ventuals | +4.50% | 1h | $1.48B | $69.182 |
 Kinetiq | +4.50% | 1h | $1.48B | $69.182 |
 Entropy | +4.50% | 1h | $1.48B | $69.182 |
 Bullpen | +4.47% | 1h | $1.48B | $69.137 |
 Hibachi | +4.38% | 1h | $152K | $69.171 |
 KuCoin | +3.07% | 4h | $40.2M | $69.199 |
 OKX | +2.75% | 8h | $95.5M | $69.248 |
 Bitget | -2.41% | 4h | $166.7M | $69.231 |
 dYdX | -3.33% | 1h | $483K | $69.2072 |
 Gate.io | -4.82% | 4h | $197.1M | $69.215 |
 N1 | -5.26% | 1h | $47K | $69.164 |
 Crypto.com | -31.47% | 1h | $17K | $69.212 |
 ApeX | -33.42% | 1h | $620K | $69.209 |
 PhemexBest Long | -34.97% | 8h | $9.2M | $69.247 |
HYPE 资金费率的含义
资金费率数据更新于 2026-11-14 10:45 UTC
ORBIT 按交易所实时汇总 HYPE 永续合约在 57 家交易所的资金费率。资金费率是多头与空头之间的周期性支付，用来把永续合约价格锚定在现货附近：费率为正时多头向空头支付，为负时空头向多头支付。目前 HYPE 的年化资金费率从 Phemex 的 -34.97% 到 Bluefin 的 +55.77% 不等。
HYPE 当前最大的跨所资金费率价差为年化 90.7%。德尔塔中性的跨所套利正是赚取这一差额：在费率最低的 Phemex 做多，在费率最高的 Bluefin 做空。两条腿等额反向，价格波动相互抵消，留下的就是费率差。ORBIT 回测器回放两条腿真实的资金费率历史，并按实时订单簿扣除吃单手续费和滑点，得到的是净收益，而不是宣传数字。
HYPE 在所跟踪的永续品种中持仓量排名第 4，各交易所合计持仓量 $10.29B，24 小时成交量 $6.49B，成交量加权标记价格 $69.181。流动性越深，就能以越低的滑点在更大仓位上交易这一价差——在筛选器中使用「最低持仓量」过滤，只保留能实际进出的市场。
Frequently asked questions
- 目前哪家交易所的 HYPE 资金费率最高？
- Bluefin，年化 +55.77%。较高的正费率意味着空头收取资金费用，因此它是跨所套利中做空的一方。费率每个结算周期都会变化，当前数值请以实时筛选器为准。
- 为赚取资金费率，HYPE 应在哪家交易所做多？
- Phemex 的 HYPE 资金费率最低，为年化 -34.97%，在那里做多成本最低（甚至可收取费用）。与费率最高的交易所配对，即构成德尔塔中性的价差组合。
- HYPE 最佳的资金费率套利组合是什么？
- 价差最大的组合是 Phemex 做多 / Bluefin 做空，扣除成本前约为年化 90.7%。确定仓位规模前，请先在 ORBIT 回测器中验证，它会扣除真实的手续费和滑点。
- HYPE 的资金费用多久结算一次？
- 各交易所资金间隔不同（1 小时、4 小时、8 小时）。在年化费率相同的情况下，间隔越长，单次支付越少但金额越大。ORBIT 把所有交易所统一换算为年化费率，便于直接比较。
- HYPE 的资金费率目前是正还是负？
- 各交易所正负不一，年化从 -34.97% 到 +55.77%——正是这种分歧创造了跨所套利机会。