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Funding › LINK

LINK perpetual

On Hyperliquid, LINK funding is 2.17% a year, settled hourly, and longs pay shorts. Over the last 30 days it was lower on 51 of 719 hourly readings, the same on 0 and higher on 668. Holding $10,000 long costs $4.15 a week at this rate. Across venues it runs from -24.54% on Bybit to 3.73% on Binance, annualised so the different settlement intervals are comparable. Read at .

LINK funding on Hyperliquid, annualised 2.17% longs pay shorts right now · 90 days drawn
+28% APR0%−28%12 Jul26 Jul9 Aug23 Aug6 Sep20 Sep

Amber above the line is longs paying shorts, cyan below is shorts paying longs; the line itself is zero, where neither side pays. Each point is the mean of one day, from Hyperliquid's own hourly settlements. Over these 90 days the rate ran from -3.65% to 99.62% a year. The axis is drawn to ±28.47%, the 96th percentile rather than the extreme, because one spike otherwise flattens the whole shape onto the line — 3 days sit beyond it and are drawn at the edge.

coinliqui.com
Hyperliquid perpetual mark
$14.344 ▲ 66.12% over 220 daily bars, $8.678 open to $14.415 close
Period high$15.777
Period low$6.987
Period volume178.43M LINK
Oracle index Hyperliquid$14.359
Open interest Hyperliquid$91.23M
Max leverage10×

Mark price and funding update every minute. The oracle index, open interest and max leverage come from the snapshot taken . The period change, high, low and volume are read from the candle series behind the chart, collected every 12 hours and last written at 05:52 UTC; margin tiers are published by the venue and change only when it changes them.

Real traded candles only — Hyperliquid's pre-launch backfill carries zero volume and is excluded.
8.0010.0012.0014.0016.00$14.41Mar ’26Apr ’26May ’26Jun ’26Jul ’26Aug ’26Sep ’26

Candles and the volume bars beneath them are green where a bar closed at or above its open and red where it closed below, and green bodies are hollow so direction reads without relying on colour — except 16 of the 111 green candles, whose bodies are too short to outline and drawn solid. Hollow is the older convention and the one that matters here: simulated for protanopia the two candle colours separate by very little, so an outlined body carries the direction when the hue cannot. Funding is not drawn on this chart — it has its own figure above, on the daily series. Hovering a candle reads that bar's funding, and the table below carries it as a column. Hyperliquid publishes its own funding hourly; the stored series begins 24 Feb 2026, and a bar older than that has no funding reading.

1D bars as a table (200 rows, open · high · low · close · volume · funding)
Time (UTC)OpenHighLowCloseVolume (LINK)Funding APR
2026-03-15 00:00 $9.167 $9.554 $9.111 $9.496 726.78K 10.95%
2026-03-16 00:00 $9.495 $10.075 $9.410 $9.916 1.49M 8.84%
2026-03-17 00:00 $9.914 $10.016 $9.682 $9.791 696.34K 5.20%
2026-03-18 00:00 $9.789 $9.920 $9.080 $9.225 1.51M 9.90%
2026-03-19 00:00 $9.226 $9.335 $8.893 $9.041 712.75K 10.50%
2026-03-20 00:00 $9.041 $9.204 $8.957 $9.110 393.16K 10.88%
2026-03-21 00:00 $9.110 $9.172 $8.762 $8.826 332.65K 10.73%
2026-03-22 00:00 $8.821 $8.966 $8.575 $8.683 453.91K 10.95%
2026-03-23 00:00 $8.687 $9.288 $8.577 $9.110 580.15K 10.95%
2026-03-24 00:00 $9.108 $9.265 $9.003 $9.243 855.25K 10.56%
2026-03-25 00:00 $9.244 $9.490 $9.175 $9.375 606.22K 10.93%
2026-03-26 00:00 $9.375 $9.387 $8.806 $8.910 380.15K 8.42%
2026-03-27 00:00 $8.908 $8.979 $8.485 $8.566 419.87K 9.06%
2026-03-28 00:00 $8.567 $8.689 $8.374 $8.427 379.43K 8.37%
2026-03-29 00:00 $8.429 $8.575 $8.200 $8.410 475.03K 6.73%
2026-03-30 00:00 $8.411 $8.918 $8.399 $8.615 772.26K 10.79%
2026-03-31 00:00 $8.624 $8.885 $8.505 $8.778 505.71K 9.52%
2026-04-01 00:00 $8.779 $9.192 $8.743 $8.938 724.04K 10.95%
2026-04-02 00:00 $8.941 $9.005 $8.417 $8.627 662.21K 8.27%
2026-04-03 00:00 $8.630 $8.807 $8.588 $8.654 399.24K 10.62%
2026-04-04 00:00 $8.654 $8.775 $8.609 $8.691 183.54K 10.95%
2026-04-05 00:00 $8.693 $8.865 $8.474 $8.818 316.68K 10.95%
2026-04-06 00:00 $8.822 $9.152 $8.726 $8.798 523.92K 10.95%
2026-04-07 00:00 $8.796 $9.413 $8.571 $9.290 601.81K 10.95%
2026-04-08 00:00 $9.288 $9.338 $8.839 $8.857 788.06K 10.45%
2026-04-09 00:00 $8.850 $9.178 $8.687 $8.935 629.42K 1.57%
2026-04-10 00:00 $8.943 $9.167 $8.875 $9.080 365.00K 10.07%
2026-04-11 00:00 $9.080 $9.284 $8.949 $9.068 446.47K 8.96%
2026-04-12 00:00 $9.072 $9.080 $8.689 $8.734 405.74K 5.20%
2026-04-13 00:00 $8.732 $9.435 $8.685 $9.363 551.81K 10.17%
2026-04-14 00:00 $9.370 $9.387 $8.919 $9.016 586.52K 8.54%
2026-04-15 00:00 $9.018 $9.367 $8.992 $9.257 540.42K 10.66%
2026-04-16 00:00 $9.260 $9.677 $9.129 $9.603 712.62K 10.95%
2026-04-17 00:00 $9.600 $9.864 $9.338 $9.616 921.84K 10.95%
2026-04-18 00:00 $9.608 $9.646 $9.256 $9.278 313.54K 10.95%
2026-04-19 00:00 $9.280 $9.370 $8.997 $9.059 378.10K 7.79%
2026-04-20 00:00 $9.059 $9.400 $9.049 $9.283 366.28K 9.61%
2026-04-21 00:00 $9.284 $9.489 $9.236 $9.395 349.99K 10.46%
2026-04-22 00:00 $9.394 $9.553 $9.282 $9.284 339.05K 10.21%
2026-04-23 00:00 $9.286 $9.384 $9.145 $9.345 503.20K 1.10%
2026-04-24 00:00 $9.345 $9.439 $9.244 $9.370 233.55K 9.60%
2026-04-25 00:00 $9.370 $9.442 $9.281 $9.338 135.67K 10.16%
2026-04-26 00:00 $9.341 $9.535 $9.295 $9.485 239.38K 10.95%
2026-04-27 00:00 $9.484 $9.589 $9.155 $9.321 399.29K 10.95%
2026-04-28 00:00 $9.323 $9.330 $9.148 $9.242 253.88K 10.95%
2026-04-29 00:00 $9.241 $9.413 $8.903 $9.113 426.32K 7.16%
2026-04-30 00:00 $9.114 $9.180 $9.020 $9.101 251.65K 10.15%
2026-05-01 00:00 $9.101 $9.277 $9.067 $9.093 329.04K 10.95%
2026-05-02 00:00 $9.093 $9.251 $9.066 $9.180 330.12K 9.67%
2026-05-03 00:00 $9.180 $9.225 $9.066 $9.123 313.73K 10.95%
2026-05-04 00:00 $9.125 $9.649 $9.087 $9.354 690.49K 10.95%
2026-05-05 00:00 $9.357 $9.850 $9.355 $9.770 748.02K 10.95%
2026-05-06 00:00 $9.769 $10.249 $9.761 $9.999 785.79K 10.95%
2026-05-07 00:00 $9.998 $10.129 $9.804 $9.848 491.99K 10.95%
2026-05-08 00:00 $9.853 $10.522 $9.763 $10.351 1.01M 10.95%
2026-05-09 00:00 $10.351 $10.615 $10.281 $10.374 612.97K 12.25%
2026-05-10 00:00 $10.373 $10.882 $10.280 $10.729 999.44K 13.06%
2026-05-11 00:00 $10.729 $10.767 $10.401 $10.606 1.04M 20.23%
2026-05-12 00:00 $10.605 $10.605 $10.114 $10.284 1.38M 10.95%
2026-05-13 00:00 $10.285 $10.812 $10.036 $10.211 1.77M 10.74%
2026-05-14 00:00 $10.218 $10.775 $10.089 $10.485 1.12M 10.95%
2026-05-15 00:00 $10.486 $10.563 $9.959 $10.065 930.26K 7.23%
2026-05-16 00:00 $10.066 $10.091 $9.611 $9.718 623.77K 3.90%
2026-05-17 00:00 $9.721 $9.844 $9.320 $9.563 627.87K 10.95%
2026-05-18 00:00 $9.560 $9.615 $9.297 $9.608 682.90K 10.95%
2026-05-19 00:00 $9.607 $9.825 $9.434 $9.450 541.37K 10.95%
2026-05-20 00:00 $9.450 $9.691 $9.380 $9.636 597.89K 10.95%
2026-05-21 00:00 $9.634 $9.853 $9.518 $9.753 491.63K 10.95%
2026-05-22 00:00 $9.755 $10.035 $9.365 $9.411 1.68M 10.95%
2026-05-23 00:00 $9.415 $9.776 $9.052 $9.555 1.33M 0.17%
2026-05-24 00:00 $9.562 $9.642 $9.229 $9.428 499.35K 5.98%
2026-05-25 00:00 $9.428 $9.663 $9.365 $9.507 506.90K 9.90%
2026-05-26 00:00 $9.505 $9.691 $9.347 $9.383 1.59M 10.95%
2026-05-27 00:00 $9.385 $9.486 $9.123 $9.143 1.33M 11.19%
2026-05-28 00:00 $9.143 $9.160 $8.676 $9.004 3.40M 5.87%
2026-05-29 00:00 $8.999 $9.138 $8.792 $9.019 504.41K 8.54%
2026-05-30 00:00 $9.020 $9.311 $9.017 $9.183 655.82K 8.71%
2026-05-31 00:00 $9.188 $9.299 $8.984 $9.138 486.77K 6.49%
2026-06-01 00:00 $9.143 $9.205 $8.843 $9.054 422.49K 10.70%
2026-06-02 00:00 $9.055 $9.068 $8.245 $8.368 908.93K 9.96%
2026-06-03 00:00 $8.371 $8.613 $8.110 $8.330 868.37K 10.95%
2026-06-04 00:00 $8.330 $8.394 $7.791 $8.012 1.04M 10.56%
2026-06-05 00:00 $8.011 $8.036 $7.115 $7.368 1.15M 10.25%
2026-06-06 00:00 $7.368 $7.462 $6.987 $7.389 678.56K -4.00%
2026-06-07 00:00 $7.394 $8.031 $7.372 $7.909 595.12K 10.36%
2026-06-08 00:00 $7.914 $8.123 $7.721 $7.996 569.51K 10.80%
2026-06-09 00:00 $7.996 $8.025 $7.646 $7.833 1.06M 10.50%
2026-06-10 00:00 $7.837 $7.894 $7.483 $7.564 512.37K 7.27%
2026-06-11 00:00 $7.559 $7.982 $7.559 $7.885 525.67K 10.37%
2026-06-12 00:00 $7.886 $8.006 $7.748 $7.862 325.80K 10.89%
2026-06-13 00:00 $7.863 $8.046 $7.852 $7.980 253.63K 9.96%
2026-06-14 00:00 $7.981 $8.199 $7.785 $8.184 432.82K 5.45%
2026-06-15 00:00 $8.184 $8.601 $8.108 $8.297 1.20M 10.95%
2026-06-16 00:00 $8.295 $8.476 $8.086 $8.275 523.60K 10.95%
2026-06-17 00:00 $8.273 $8.412 $7.939 $8.087 648.77K 10.95%
2026-06-18 00:00 $8.087 $8.132 $7.769 $8.015 470.50K 9.20%
2026-06-19 00:00 $8.015 $8.041 $7.767 $7.946 249.59K 10.56%
2026-06-20 00:00 $7.946 $8.014 $7.820 $7.988 182.51K 10.82%
2026-06-21 00:00 $7.988 $8.009 $7.767 $7.777 199.38K 10.95%
2026-06-22 00:00 $7.780 $8.153 $7.779 $7.871 646.64K 10.36%
2026-06-23 00:00 $7.870 $7.913 $7.467 $7.638 941.60K 10.59%
2026-06-24 00:00 $7.632 $7.694 $7.117 $7.420 1.12M -0.92%
2026-06-25 00:00 $7.425 $7.547 $7.002 $7.238 729.74K 4.41%
2026-06-26 00:00 $7.248 $7.398 $7.012 $7.351 667.93K 4.94%
2026-06-27 00:00 $7.354 $7.472 $7.248 $7.294 351.97K 10.03%
2026-06-28 00:00 $7.293 $7.353 $7.158 $7.268 227.61K 4.75%
2026-06-29 00:00 $7.266 $7.499 $7.180 $7.380 668.62K 10.11%
2026-06-30 00:00 $7.379 $7.397 $7.121 $7.200 370.21K 10.95%
2026-07-01 00:00 $7.199 $7.534 $7.073 $7.361 494.62K 10.95%
2026-07-02 00:00 $7.356 $7.946 $7.303 $7.751 2.45M 10.95%
2026-07-03 00:00 $7.749 $8.038 $7.727 $7.980 739.29K 11.71%
2026-07-04 00:00 $7.976 $8.180 $7.886 $8.008 356.01K 10.95%
2026-07-05 00:00 $8.007 $8.154 $7.841 $8.065 345.41K 10.95%
2026-07-06 00:00 $8.064 $8.185 $7.763 $8.020 481.03K 10.95%
2026-07-07 00:00 $8.022 $8.070 $7.800 $7.851 356.84K 10.95%
2026-07-08 00:00 $7.864 $7.894 $7.523 $7.639 430.95K 10.95%
2026-07-09 00:00 $7.641 $7.809 $7.573 $7.733 223.22K 10.95%
2026-07-10 00:00 $7.732 $8.018 $7.710 $7.972 367.82K 10.95%
2026-07-11 00:00 $7.970 $8.121 $7.908 $7.914 440.04K 10.95%
2026-07-12 00:00 $7.914 $8.103 $7.861 $7.996 301.11K 10.95%
2026-07-13 00:00 $7.998 $8.134 $7.795 $7.888 475.16K 10.95%
2026-07-14 00:00 $7.889 $8.400 $7.866 $8.344 436.53K 10.95%
2026-07-15 00:00 $8.348 $8.641 $8.269 $8.542 664.96K 10.95%
2026-07-16 00:00 $8.541 $8.574 $8.310 $8.338 535.54K 10.95%
2026-07-17 00:00 $8.341 $8.367 $8.005 $8.251 795.12K 10.95%
2026-07-18 00:00 $8.253 $8.376 $8.211 $8.346 174.16K 10.95%
2026-07-19 00:00 $8.346 $8.406 $8.288 $8.388 195.66K 10.95%
2026-07-20 00:00 $8.385 $8.651 $8.288 $8.591 314.15K 10.95%
2026-07-21 00:00 $8.581 $8.761 $8.569 $8.658 450.93K 10.95%
2026-07-22 00:00 $8.658 $8.761 $8.575 $8.625 389.98K 10.95%
2026-07-23 00:00 $8.630 $8.682 $8.416 $8.468 285.57K 10.95%
2026-07-24 00:00 $8.467 $8.577 $8.282 $8.336 400.21K 10.56%
2026-07-25 00:00 $8.337 $8.433 $8.265 $8.379 385.80K 8.59%
2026-07-26 00:00 $8.379 $8.839 $8.374 $8.824 437.62K 7.69%
2026-07-27 00:00 $8.824 $8.915 $8.343 $8.376 427.19K 10.37%
2026-07-28 00:00 $8.376 $8.451 $8.190 $8.443 478.07K 3.83%
2026-07-29 00:00 $8.443 $8.508 $8.160 $8.329 471.10K 4.84%
2026-07-30 00:00 $8.332 $8.528 $8.260 $8.453 274.03K 6.67%
2026-07-31 00:00 $8.451 $8.510 $8.018 $8.166 484.06K 6.27%
2026-08-01 00:00 $8.169 $8.242 $7.886 $8.061 262.04K 7.59%
2026-08-02 00:00 $8.063 $8.451 $8.051 $8.377 344.13K 9.88%
2026-08-03 00:00 $8.379 $8.388 $8.157 $8.186 296.77K 7.53%
2026-08-04 00:00 $8.185 $8.260 $8.112 $8.147 363.76K 0.26%
2026-08-05 00:00 $8.147 $8.251 $8.063 $8.155 347.25K 8.63%
2026-08-06 00:00 $8.156 $8.339 $8.066 $8.191 342.15K 5.10%
2026-08-07 00:00 $8.190 $8.314 $8.103 $8.184 232.70K 7.78%
2026-08-08 00:00 $8.182 $8.394 $8.164 $8.304 210.67K 9.72%
2026-08-09 00:00 $8.302 $8.389 $8.171 $8.185 159.83K 10.70%
2026-08-10 00:00 $8.181 $8.370 $8.162 $8.296 605.88K 10.73%
2026-08-11 00:00 $8.298 $8.809 $8.290 $8.777 1.01M 10.95%
2026-08-12 00:00 $8.778 $8.887 $8.627 $8.669 845.63K 9.02%
2026-08-13 00:00 $8.667 $8.902 $8.614 $8.888 485.15K 7.57%
2026-08-14 00:00 $8.885 $8.999 $8.720 $8.963 872.92K 8.27%
2026-08-15 00:00 $8.967 $9.746 $8.963 $9.469 2.29M 9.96%
2026-08-16 00:00 $9.469 $9.512 $9.292 $9.384 1.14M 6.28%
2026-08-17 00:00 $9.383 $9.571 $9.356 $9.538 917.88K 9.85%
2026-08-18 00:00 $9.538 $9.552 $9.325 $9.531 648.70K -2.23%
2026-08-19 00:00 $9.534 $10.893 $9.483 $10.546 3.43M -3.65%
2026-08-20 00:00 $10.549 $10.887 $10.360 $10.701 2.33M 9.52%
2026-08-21 00:00 $10.701 $12.426 $10.696 $12.009 3.81M 53.72%
2026-08-22 00:00 $12.009 $12.658 $10.925 $11.664 3.16M 99.62%
2026-08-23 00:00 $11.664 $11.755 $11.066 $11.558 1.69M 29.05%
2026-08-24 00:00 $11.558 $11.793 $11.305 $11.625 1.39M 18.93%
2026-08-25 00:00 $11.629 $11.982 $11.134 $11.288 1.24M 15.27%
2026-08-26 00:00 $11.296 $11.629 $11.061 $11.627 876.40K 10.95%
2026-08-27 00:00 $11.621 $11.978 $11.456 $11.915 1.83M 10.95%
2026-08-28 00:00 $11.917 $12.047 $11.256 $11.431 1.42M 9.52%
2026-08-29 00:00 $11.429 $11.486 $11.276 $11.456 453.19K 4.25%
2026-08-30 00:00 $11.449 $11.783 $10.967 $11.141 1.00M 10.09%
2026-08-31 00:00 $11.134 $11.499 $11.032 $11.321 474.82K 7.49%
2026-09-01 00:00 $11.319 $11.540 $11.061 $11.232 1.40M 10.95%
2026-09-02 00:00 $11.232 $11.303 $10.910 $11.119 693.86K 10.83%
2026-09-03 00:00 $11.117 $11.971 $11.001 $11.843 1.55M 14.07%
2026-09-04 00:00 $11.840 $12.172 $11.436 $11.640 905.48K 11.71%
2026-09-05 00:00 $11.640 $12.252 $11.611 $12.059 548.29K 13.21%
2026-09-06 00:00 $12.057 $13.377 $12.051 $13.252 2.16M 27.35%
2026-09-07 00:00 $13.247 $13.696 $12.607 $12.746 1.91M 11.08%
2026-09-08 00:00 $12.744 $12.805 $12.282 $12.515 989.57K 10.95%
2026-09-09 00:00 $12.515 $12.633 $11.601 $11.804 1.27M 10.95%
2026-09-10 00:00 $11.800 $11.890 $11.428 $11.448 629.30K 9.46%
2026-09-11 00:00 $11.448 $12.197 $11.267 $11.544 3.07M 3.65%
2026-09-12 00:00 $11.542 $11.620 $11.448 $11.502 237.07K 8.32%
2026-09-13 00:00 $11.499 $11.556 $11.151 $11.198 1.09M -3.16%
2026-09-14 00:00 $11.207 $11.963 $11.124 $11.513 832.89K 9.50%
2026-09-15 00:00 $11.509 $11.624 $10.800 $10.879 1.26M 6.20%
2026-09-16 00:00 $10.882 $11.071 $10.614 $11.047 770.25K 1.01%
2026-09-17 00:00 $11.052 $11.430 $10.980 $11.382 702.51K 10.85%
2026-09-18 00:00 $11.390 $12.430 $11.342 $12.234 820.86K 10.95%
2026-09-19 00:00 $12.235 $12.702 $12.220 $12.432 607.59K 11.82%
2026-09-20 00:00 $12.432 $12.624 $11.918 $12.536 807.00K 11.86%
2026-09-21 00:00 $12.530 $13.290 $12.471 $13.197 1.88M 28.47%
2026-09-22 00:00 $13.191 $13.293 $12.760 $13.064 1.85M 22.37%
2026-09-23 00:00 $13.050 $13.230 $12.054 $12.351 1.57M 20.10%
2026-09-24 00:00 $12.347 $13.540 $12.088 $13.230 1.79M 10.95%
2026-09-25 00:00 $13.227 $14.227 $13.220 $13.936 3.42M 13.15%
2026-09-26 00:00 $13.932 $14.500 $13.832 $14.155 1.40M 10.95%
2026-09-27 00:00 $14.148 $14.498 $13.900 $14.023 1.36M 12.08%
2026-09-28 00:00 $14.020 $15.538 $13.536 $15.447 5.49M 10.78%
2026-09-29 00:00 $15.453 $15.777 $14.469 $14.598 3.27M 7.61%
2026-09-30 00:00 $14.598 $14.606 $14.315 $14.415 396.60K -0.38%

Funding

Hyperliquid funding
2.17%
longs pay shorts
Spread between venues
28.28%
annualised difference
Cost to hold $10,000 long
$4.15
over 7 days at the current rate · you pay
Next settlement
10:00
UTC · Hyperliquid, hourly

Funding by venue

The quoted column is what each venue publishes. Those numbers are not comparable to each other; the annualised column is. What a funding rate is, and who pays it → Cost of holding LINK, at your size and horizon → · Whether the spread between them is worth trading →

VenueQuoted rateIntervalSettlements / yrAnnualised
Hyperliquid 0.000002472 1h 8,760 2.17%
Binance 0.0000341 8h 1,095 3.73%
Bybit -0.0002241 8h 1,095 -24.54%

Margin tiers

Maintenance margin is half the initial margin at the tier's max leverage. At 10× long with 1 LINK entered at $14.344, the Hyperliquid mark at , the tier-correct liquidation price is $13.589 — 5.26% below entry, where the common entry × (1 − 1/leverage) formula puts it 10.00% below at $12.910 — $0.679 of room that is not there. Size a position against this liquidation price → · What LINK allows at your notional → · Every LINK liquidation level, mapped →

TierNotional fromMax leverageMaintenance margin
1 $0 10× 5.000%
2 $20.00M 5× 10.000%

Funding rates for other coins