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Funding › ZRO

ZRO perpetual

On Hyperliquid, ZRO funding is 10.95% a year, settled hourly, and longs pay shorts. It has been exactly this on 540 of the 714 hourly readings of the last 30 days — higher on 129, lower on 45. Holding $10,000 long costs $21.00 a week at this rate. Across venues it runs from -41.38% on Bybit to 10.95% on Hyperliquid and Binance, annualised so the different settlement intervals are comparable. Read at .

ZRO funding on Hyperliquid, annualised 10.95% longs pay shorts right now · 90 days drawn
+68% APR0%−68%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 2.18% to 88.30% a year. The axis is drawn to ±67.50%, 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
$1.772 ▲ 15.55% over 220 daily bars, $1.612 open to $1.862 close
Period high$2.391
Period low$0.707
Period volume820.30M ZRO
Oracle index Hyperliquid$1.761
Open interest Hyperliquid$64.39M
Max leverage5×

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.
1.001.502.00$1.86Mar ’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 11 of the 101 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 (ZRO)Funding APR
2026-03-15 00:00 $1.977 $2.207 $1.953 $2.158 2.77M -19.01%
2026-03-16 00:00 $2.157 $2.307 $2.124 $2.242 2.74M -33.82%
2026-03-17 00:00 $2.240 $2.386 $2.190 $2.312 3.97M 0.90%
2026-03-18 00:00 $2.312 $2.391 $2.114 $2.123 5.37M -6.46%
2026-03-19 00:00 $2.125 $2.126 $2.013 $2.059 3.24M -11.84%
2026-03-20 00:00 $2.059 $2.083 $1.963 $2.040 3.05M -11.25%
2026-03-21 00:00 $2.041 $2.096 $1.952 $1.964 682.09K -1.52%
2026-03-22 00:00 $1.964 $2.002 $1.869 $1.929 2.70M -14.45%
2026-03-23 00:00 $1.930 $2.228 $1.918 $2.211 10.05M 3.20%
2026-03-24 00:00 $2.211 $2.287 $2.104 $2.273 5.09M 10.95%
2026-03-25 00:00 $2.273 $2.287 $2.139 $2.147 1.85M 11.00%
2026-03-26 00:00 $2.146 $2.200 $2.019 $2.150 2.84M 9.84%
2026-03-27 00:00 $2.149 $2.182 $1.982 $2.010 2.70M 10.84%
2026-03-28 00:00 $2.010 $2.085 $1.978 $1.997 1.28M 10.74%
2026-03-29 00:00 $1.999 $2.025 $1.957 $1.973 1.46M 7.68%
2026-03-30 00:00 $1.973 $2.050 $1.875 $1.883 2.50M -4.32%
2026-03-31 00:00 $1.883 $1.913 $1.810 $1.880 2.62M -12.04%
2026-04-01 00:00 $1.881 $2.005 $1.862 $1.962 2.28M -0.32%
2026-04-02 00:00 $1.962 $2.005 $1.836 $1.864 2.46M 4.57%
2026-04-03 00:00 $1.863 $1.962 $1.859 $1.882 2.02M 15.65%
2026-04-04 00:00 $1.882 $1.950 $1.872 $1.917 531.04K 12.31%
2026-04-05 00:00 $1.916 $1.916 $1.785 $1.861 1.27M 14.33%
2026-04-06 00:00 $1.862 $1.936 $1.770 $1.775 1.61M 12.46%
2026-04-07 00:00 $1.773 $2.100 $1.742 $2.085 5.88M 13.71%
2026-04-08 00:00 $2.087 $2.134 $1.927 $1.980 8.60M 26.96%
2026-04-09 00:00 $1.978 $2.046 $1.871 $1.999 4.52M 14.59%
2026-04-10 00:00 $1.999 $2.044 $1.963 $1.988 2.61M 23.16%
2026-04-11 00:00 $1.988 $2.021 $1.932 $1.986 1.35M 20.47%
2026-04-12 00:00 $1.985 $2.004 $1.886 $1.916 1.84M 18.25%
2026-04-13 00:00 $1.916 $2.057 $1.909 $2.040 2.39M 18.67%
2026-04-14 00:00 $2.040 $2.076 $1.892 $1.922 3.14M 43.02%
2026-04-15 00:00 $1.923 $1.968 $1.888 $1.957 1.30M 10.48%
2026-04-16 00:00 $1.957 $2.008 $1.889 $1.993 1.72M 14.23%
2026-04-17 00:00 $1.993 $2.059 $1.931 $1.978 2.83M 21.83%
2026-04-18 00:00 $1.976 $1.983 $1.772 $1.782 4.21M 17.05%
2026-04-19 00:00 $1.782 $1.785 $1.348 $1.610 25.88M -7.29%
2026-04-20 00:00 $1.610 $1.710 $1.519 $1.667 11.46M 3.80%
2026-04-21 00:00 $1.667 $1.719 $1.587 $1.604 4.44M 11.38%
2026-04-22 00:00 $1.604 $1.651 $1.561 $1.562 1.29M 11.03%
2026-04-23 00:00 $1.562 $1.644 $1.539 $1.610 1.68M 11.00%
2026-04-24 00:00 $1.611 $1.645 $1.563 $1.575 1.30M 10.95%
2026-04-25 00:00 $1.575 $1.588 $1.524 $1.525 474.52K 10.95%
2026-04-26 00:00 $1.525 $1.586 $1.500 $1.556 2.24M 12.58%
2026-04-27 00:00 $1.557 $1.582 $1.411 $1.465 3.37M 20.58%
2026-04-28 00:00 $1.465 $1.470 $1.400 $1.444 2.31M 8.90%
2026-04-29 00:00 $1.444 $1.501 $1.399 $1.471 1.96M 10.95%
2026-04-30 00:00 $1.472 $1.479 $1.421 $1.429 756.31K 10.95%
2026-05-01 00:00 $1.430 $1.450 $1.364 $1.372 1.28M 10.95%
2026-05-02 00:00 $1.373 $1.421 $1.369 $1.405 775.29K 10.95%
2026-05-03 00:00 $1.405 $1.407 $1.332 $1.371 2.57M 9.76%
2026-05-04 00:00 $1.370 $1.457 $1.322 $1.440 4.32M 22.91%
2026-05-05 00:00 $1.440 $1.497 $1.388 $1.429 5.54M 25.82%
2026-05-06 00:00 $1.430 $1.534 $1.396 $1.488 4.07M 23.38%
2026-05-07 00:00 $1.487 $1.522 $1.437 $1.495 1.37M 17.05%
2026-05-08 00:00 $1.495 $1.527 $1.424 $1.459 2.28M 18.58%
2026-05-09 00:00 $1.458 $1.517 $1.431 $1.462 1.95M 21.79%
2026-05-10 00:00 $1.461 $1.543 $1.434 $1.517 1.76M 18.41%
2026-05-11 00:00 $1.518 $1.557 $1.479 $1.543 2.31M 17.08%
2026-05-12 00:00 $1.542 $1.543 $1.447 $1.480 2.17M 14.55%
2026-05-13 00:00 $1.480 $1.522 $1.404 $1.410 1.26M 10.67%
2026-05-14 00:00 $1.409 $1.449 $1.379 $1.409 1.79M 10.34%
2026-05-15 00:00 $1.409 $1.424 $1.282 $1.313 3.24M 10.48%
2026-05-16 00:00 $1.312 $1.334 $1.261 $1.282 3.05M 11.05%
2026-05-17 00:00 $1.282 $1.309 $1.244 $1.275 1.31M 14.42%
2026-05-18 00:00 $1.274 $1.353 $1.262 $1.336 1.33M 12.84%
2026-05-19 00:00 $1.335 $1.369 $1.315 $1.327 1.93M 28.35%
2026-05-20 00:00 $1.326 $1.385 $1.316 $1.361 1.49M 13.06%
2026-05-21 00:00 $1.361 $1.397 $1.358 $1.371 1.29M 24.19%
2026-05-22 00:00 $1.372 $1.382 $1.283 $1.288 1.84M 24.73%
2026-05-23 00:00 $1.288 $1.368 $1.242 $1.329 1.72M 13.49%
2026-05-24 00:00 $1.329 $1.348 $1.265 $1.298 645.23K 10.95%
2026-05-25 00:00 $1.298 $1.364 $1.295 $1.340 1.27M 23.99%
2026-05-26 00:00 $1.340 $1.367 $1.284 $1.285 1.31M 12.49%
2026-05-27 00:00 $1.285 $1.295 $1.191 $1.203 2.41M 11.14%
2026-05-28 00:00 $1.203 $1.206 $1.099 $1.140 6.14M 3.62%
2026-05-29 00:00 $1.140 $1.164 $1.089 $1.120 1.46M 0.81%
2026-05-30 00:00 $1.120 $1.175 $1.114 $1.150 1.07M 10.95%
2026-05-31 00:00 $1.151 $1.163 $1.105 $1.150 1.14M 11.35%
2026-06-01 00:00 $1.150 $1.159 $1.115 $1.141 1.63M 17.18%
2026-06-02 00:00 $1.141 $1.164 $1.067 $1.138 2.68M 12.33%
2026-06-03 00:00 $1.138 $1.309 $1.117 $1.252 7.64M 45.19%
2026-06-04 00:00 $1.253 $1.269 $1.055 $1.086 6.66M 35.69%
2026-06-05 00:00 $1.086 $1.094 $0.912 $0.969 9.78M 23.70%
2026-06-06 00:00 $0.969 $0.993 $0.894 $0.907 2.84M 22.32%
2026-06-07 00:00 $0.908 $0.933 $0.871 $0.901 3.27M 16.69%
2026-06-08 00:00 $0.901 $0.918 $0.834 $0.844 2.86M 16.71%
2026-06-09 00:00 $0.844 $0.873 $0.817 $0.848 3.55M 20.53%
2026-06-10 00:00 $0.848 $0.858 $0.799 $0.813 2.09M 10.95%
2026-06-11 00:00 $0.813 $0.923 $0.811 $0.891 2.87M 10.95%
2026-06-12 00:00 $0.892 $0.957 $0.889 $0.910 2.81M 10.95%
2026-06-13 00:00 $0.911 $0.967 $0.902 $0.944 2.33M 10.95%
2026-06-14 00:00 $0.944 $0.961 $0.916 $0.959 918.31K 10.95%
2026-06-15 00:00 $0.959 $1.222 $0.957 $1.119 6.46M 16.48%
2026-06-16 00:00 $1.119 $1.221 $1.077 $1.078 4.07M 53.16%
2026-06-17 00:00 $1.078 $1.121 $0.998 $1.019 4.54M 53.66%
2026-06-18 00:00 $1.019 $1.049 $0.958 $1.003 2.72M 11.29%
2026-06-19 00:00 $1.003 $1.004 $0.935 $0.981 1.70M 12.96%
2026-06-20 00:00 $0.981 $0.984 $0.892 $0.902 1.47M 12.83%
2026-06-21 00:00 $0.902 $0.949 $0.893 $0.905 2.16M 11.76%
2026-06-22 00:00 $0.904 $1.008 $0.903 $0.955 2.66M 10.95%
2026-06-23 00:00 $0.954 $0.988 $0.906 $0.932 2.45M 10.95%
2026-06-24 00:00 $0.931 $0.962 $0.831 $0.865 5.56M 3.72%
2026-06-25 00:00 $0.864 $0.886 $0.815 $0.817 3.38M 6.81%
2026-06-26 00:00 $0.817 $0.832 $0.762 $0.798 3.14M 8.82%
2026-06-27 00:00 $0.798 $0.817 $0.765 $0.778 1.91M 4.53%
2026-06-28 00:00 $0.777 $0.779 $0.734 $0.775 3.20M 3.48%
2026-06-29 00:00 $0.776 $0.834 $0.757 $0.806 2.67M 12.49%
2026-06-30 00:00 $0.806 $0.840 $0.793 $0.824 1.62M 10.75%
2026-07-01 00:00 $0.823 $0.857 $0.809 $0.815 3.85M 18.07%
2026-07-02 00:00 $0.816 $0.920 $0.798 $0.889 5.34M 48.74%
2026-07-03 00:00 $0.889 $0.907 $0.862 $0.888 2.36M 30.66%
2026-07-04 00:00 $0.889 $0.946 $0.885 $0.911 5.04M 88.30%
2026-07-05 00:00 $0.911 $0.942 $0.898 $0.929 1.70M 62.36%
2026-07-06 00:00 $0.929 $1.063 $0.918 $1.017 6.13M 37.73%
2026-07-07 00:00 $1.017 $1.041 $0.932 $0.934 4.88M 23.84%
2026-07-08 00:00 $0.935 $0.994 $0.919 $0.946 4.92M 8.21%
2026-07-09 00:00 $0.947 $0.954 $0.892 $0.906 5.34M 4.27%
2026-07-10 00:00 $0.907 $0.941 $0.893 $0.927 2.93M 20.29%
2026-07-11 00:00 $0.927 $0.966 $0.907 $0.916 4.15M 33.67%
2026-07-12 00:00 $0.916 $0.919 $0.860 $0.868 1.79M 18.39%
2026-07-13 00:00 $0.868 $0.884 $0.838 $0.864 2.58M 27.34%
2026-07-14 00:00 $0.864 $0.892 $0.840 $0.861 1.81M 14.25%
2026-07-15 00:00 $0.861 $0.885 $0.808 $0.822 5.33M 20.96%
2026-07-16 00:00 $0.822 $0.836 $0.800 $0.814 3.81M 17.42%
2026-07-17 00:00 $0.814 $0.820 $0.769 $0.780 2.20M 11.86%
2026-07-18 00:00 $0.780 $0.823 $0.774 $0.794 957.77K 12.59%
2026-07-19 00:00 $0.794 $0.825 $0.787 $0.790 1.72M 22.40%
2026-07-20 00:00 $0.790 $0.810 $0.757 $0.788 2.70M 32.22%
2026-07-21 00:00 $0.788 $0.850 $0.786 $0.815 2.98M 27.18%
2026-07-22 00:00 $0.815 $0.837 $0.794 $0.809 1.75M 14.92%
2026-07-23 00:00 $0.809 $0.836 $0.788 $0.792 2.60M 16.43%
2026-07-24 00:00 $0.792 $0.857 $0.787 $0.856 6.05M 67.50%
2026-07-25 00:00 $0.856 $0.873 $0.837 $0.860 2.14M 40.95%
2026-07-26 00:00 $0.860 $0.871 $0.840 $0.866 1.04M 29.15%
2026-07-27 00:00 $0.865 $0.966 $0.855 $0.892 7.09M 40.06%
2026-07-28 00:00 $0.892 $0.893 $0.806 $0.819 3.81M 16.56%
2026-07-29 00:00 $0.820 $0.840 $0.752 $0.759 2.74M 10.25%
2026-07-30 00:00 $0.759 $0.786 $0.749 $0.766 1.57M 7.25%
2026-07-31 00:00 $0.766 $0.769 $0.707 $0.743 5.42M 2.18%
2026-08-01 00:00 $0.743 $0.764 $0.715 $0.724 2.91M 5.26%
2026-08-02 00:00 $0.724 $0.746 $0.710 $0.716 2.16M 2.26%
2026-08-03 00:00 $0.716 $0.764 $0.713 $0.742 1.38M 10.18%
2026-08-04 00:00 $0.742 $0.816 $0.732 $0.782 1.96M 10.67%
2026-08-05 00:00 $0.782 $0.802 $0.768 $0.773 1.39M 10.95%
2026-08-06 00:00 $0.773 $0.853 $0.772 $0.818 2.41M 11.30%
2026-08-07 00:00 $0.818 $0.835 $0.807 $0.832 1.57M 15.53%
2026-08-08 00:00 $0.832 $0.845 $0.818 $0.835 858.65K 10.95%
2026-08-09 00:00 $0.835 $0.872 $0.831 $0.841 1.85M 42.57%
2026-08-10 00:00 $0.841 $0.878 $0.840 $0.858 1.10M 14.09%
2026-08-11 00:00 $0.858 $0.887 $0.846 $0.858 1.18M 17.55%
2026-08-12 00:00 $0.858 $0.858 $0.816 $0.816 1.19M 16.78%
2026-08-13 00:00 $0.816 $0.840 $0.792 $0.796 1.33M 14.65%
2026-08-14 00:00 $0.796 $0.802 $0.770 $0.798 1.08M 13.95%
2026-08-15 00:00 $0.798 $0.804 $0.777 $0.778 716.59K 12.85%
2026-08-16 00:00 $0.778 $0.779 $0.752 $0.755 893.12K 13.80%
2026-08-17 00:00 $0.755 $0.805 $0.753 $0.775 2.46M 13.68%
2026-08-18 00:00 $0.775 $0.796 $0.763 $0.789 1.53M 12.13%
2026-08-19 00:00 $0.789 $0.880 $0.788 $0.860 6.79M 10.39%
2026-08-20 00:00 $0.860 $0.918 $0.855 $0.877 7.65M 27.17%
2026-08-21 00:00 $0.876 $1.051 $0.858 $0.999 12.78M 71.99%
2026-08-22 00:00 $0.999 $1.198 $0.852 $1.162 14.26M 79.65%
2026-08-23 00:00 $1.160 $1.295 $1.115 $1.182 9.76M 54.93%
2026-08-24 00:00 $1.182 $1.195 $1.079 $1.091 5.70M 28.57%
2026-08-25 00:00 $1.091 $1.344 $1.044 $1.198 31.92M 17.75%
2026-08-26 00:00 $1.198 $1.243 $1.092 $1.170 10.41M 11.29%
2026-08-27 00:00 $1.169 $1.270 $1.133 $1.185 4.21M 10.46%
2026-08-28 00:00 $1.186 $1.213 $1.078 $1.093 2.63M 10.95%
2026-08-29 00:00 $1.094 $1.120 $1.046 $1.108 1.36M 10.66%
2026-08-30 00:00 $1.107 $1.115 $1.013 $1.030 2.83M 10.95%
2026-08-31 00:00 $1.029 $1.085 $1.008 $1.027 2.34M 9.91%
2026-09-01 00:00 $1.027 $1.046 $0.979 $1.027 5.20M 10.95%
2026-09-02 00:00 $1.027 $1.043 $0.994 $1.011 3.93M 10.95%
2026-09-03 00:00 $1.011 $1.139 $1.010 $1.129 5.01M 15.05%
2026-09-04 00:00 $1.128 $1.161 $1.029 $1.037 3.82M 10.53%
2026-09-05 00:00 $1.037 $1.090 $1.029 $1.061 5.23M 14.73%
2026-09-06 00:00 $1.061 $1.128 $1.050 $1.103 3.29M 26.91%
2026-09-07 00:00 $1.104 $1.186 $1.073 $1.138 3.42M 16.21%
2026-09-08 00:00 $1.137 $1.159 $1.091 $1.132 2.60M 19.79%
2026-09-09 00:00 $1.132 $1.171 $1.055 $1.079 3.82M 17.50%
2026-09-10 00:00 $1.079 $1.080 $1.013 $1.020 1.98M 10.29%
2026-09-11 00:00 $1.020 $1.072 $0.976 $0.984 1.63M 9.67%
2026-09-12 00:00 $0.983 $1.055 $0.979 $1.021 712.37K 8.75%
2026-09-13 00:00 $1.021 $1.039 $0.999 $1.013 857.48K 9.39%
2026-09-14 00:00 $1.013 $1.060 $0.979 $0.985 2.04M 9.50%
2026-09-15 00:00 $0.985 $1.007 $0.918 $0.995 2.95M 9.46%
2026-09-16 00:00 $0.995 $0.998 $0.946 $0.994 2.31M 7.23%
2026-09-17 00:00 $0.993 $1.077 $0.989 $1.045 3.09M 14.08%
2026-09-18 00:00 $1.045 $1.165 $1.042 $1.121 5.06M 20.05%
2026-09-19 00:00 $1.121 $1.161 $1.097 $1.115 5.28M 22.79%
2026-09-20 00:00 $1.116 $1.222 $1.057 $1.177 3.76M 13.21%
2026-09-21 00:00 $1.175 $1.277 $1.145 $1.179 5.06M 23.15%
2026-09-22 00:00 $1.179 $1.445 $1.154 $1.391 13.95M 24.98%
2026-09-23 00:00 $1.393 $1.568 $1.354 $1.500 24.14M 38.58%
2026-09-24 00:00 $1.500 $1.629 $1.419 $1.439 10.76M 12.33%
2026-09-25 00:00 $1.438 $1.651 $1.425 $1.624 10.92M 18.00%
2026-09-26 00:00 $1.623 $1.700 $1.546 $1.597 4.50M 25.54%
2026-09-27 00:00 $1.597 $1.728 $1.568 $1.644 7.82M 14.14%
2026-09-28 00:00 $1.646 $1.677 $1.423 $1.562 11.45M 10.53%
2026-09-29 00:00 $1.562 $1.731 $1.470 $1.668 11.95M 11.54%
2026-09-30 00:00 $1.668 $1.886 $1.652 $1.862 5.37M 10.95%

Funding

Hyperliquid funding
10.95%
longs pay shorts
Spread between venues
52.33%
annualised difference
Cost to hold $10,000 long
$21.00
over 7 days at the current rate · you pay
Next settlement
09:00
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 ZRO, at your size and horizon → · Whether the spread between them is worth trading →

VenueQuoted rateIntervalSettlements / yrAnnualised
Hyperliquid 0.0000125 1h 8,760 10.95%
Binance 0.00005 4h 2,190 10.95%
Bybit -0.00018896 4h 2,190 -41.38%

Margin tiers

Maintenance margin is half the initial margin at the tier's max leverage. At 5× long with 1 ZRO entered at $1.772, the Hyperliquid mark at — 5× being this contract's tier maximum, so 10× cannot be opened on it at all — the tier-correct liquidation price is $1.575 — 11.11% below entry, where the common entry × (1 − 1/leverage) formula puts it 10.00% below at $1.595 for the 10× that was asked for — $0.020 more room than the formula shows, because the tier caps the leverage at 5×. Size a position against this liquidation price → · What ZRO allows at your notional → · Every ZRO liquidation level, mapped →

TierNotional fromMax leverageMaintenance margin
1 $0 5× 10.000%

Funding rates for other coins