Tools › Funding cost
Funding cost calculator
What it costs to hold a position, using the venue's real settlement interval. Opens on CHIP at $0.04 on Hyperliquid, which settles every 1 hour.
Not investment advice — modelled figures from stated assumptions. Terms and disclaimer
Where the daily reading goes wrong
Venues quote funding per settlement, not per day. Hyperliquid settles every 1 hour, so a 30-day hold crosses 720 settlements, not 30. Treating the quoted figure as a daily rate understates the cost by 24× on this venue.
Same position, every venue
Identical notional and holding period. The ordering by cost is frequently not the ordering by quoted rate. amber = longs pay shorts · cyan = shorts pay longs.
| Venue | Quoted rate, per settlement | Interval | Settlements over 30d | APR | Cost over 30d |
|---|---|---|---|---|---|
| Binance | 0.00005 | 4h | 180 | 10.95% | −$90.00 |
| Hyperliquid · yours | 0.00004193 | 1h | 720 | 36.73% | −$301.91 |
| Bybit | 0.00005 | 4h | 180 | 10.95% | −$90.00 |
Rates change at every settlement; this projects the current rate forward and is a cost of carry at today's price, not a forecast. How the rates are normalised →
CHIP funding detail → · Capture the spread between venues →
Who produced this, and what they hold
Produced and published by Yury Fokin as Coinliqui, an independent project with no legal entity. No payment, sponsorship, affiliate or referral arrangement exists with any venue named here, and nothing paid influences which coins or venues appear — coverage is decided by the open-interest floor stated on Data sources. The operator may hold positions in coins covered here; nothing published is timed, ordered or selected around one.