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Funding cost calculator

What it costs to hold a position, using the venue’s real settlement interval — the same $10,000 position for 30 days costs $680.77 on Hyperliquid against $90.00 on both Binance and Bybit. Opens on LIT ($3.862 mark on Hyperliquid) with Hyperliquid as your venue, which settles every 1 hour.

Not investment advice — modelled figures from stated assumptions. Terms and disclaimer

Holding $10,000 of LIT long for 30 days $680.77 the dearest venue — Hyperliquid; the cheapest are Binance and Bybit at $90.00 each

Binance $90.00 4h Bybit $90.00 4h Hyperliquid $680.77 1h

The identical position, priced on each venue’s own settlement interval rather than on the assumption that they match. Amber is a cost to you, cyan is a payment received.

coinliqui.com 2026-09-30 09:22 UTC

You pay

$680.77

on $10,000 over 30 days · 720 settlements

Reading the rate as daily

$28.37

24× too low

Share of your margin

34.04%

at 5× · margin $2,000

Per settlement

$0.94551

on $10,000 every 1h at 0.000094551

Funding is charged on notional, not on your margin. At 5× the position is 5 times your margin, so the same funding is 5 times as large a share of the capital you put up as of the position — which is why a carry that looks negligible as an APR can be the largest line in a leveraged position’s P&L.

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 of this hold 24×.

Same position, every venue

The same $10,000 long over 30 days on each venue. Cost is the funding you pay; a minus means funding paid to you. 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	0.000094551	1h	720	82.83%	$680.77
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 →

LIT 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.