Funding APR explorer
Which Hyperliquid HIP-3 perps actually pay carry, and which only spike. Annualised funding history, HL-vs-IBKR basis, and book depth for every name in the dataset — so you can tell a steady payer from a name that pays in bursts. Switch venue to see Binance's TradFi perps, or line the two venues up side by side.
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Ranking
| # | sym | now 24h | mean APR | cum return | % >15% | min APR | max APR | price Δ | max UP | max DOWN | bid$ 10bps | ask$ 10bps | spread | rel v2 | p75 bps | gate |
|---|
Binance: funding settles every 8h (a few names 4h), so each sample is one
settlement, annualised. next est is Binance's live estimate for the upcoming
settlement. TradFi perps have no built-in interest rate, so many settlements pay exactly 0 —
% paid is the share that paid shorts at all. BN − HL compares mean
APR over the same window. Book depth is recorded from 2026-09-25 onward. Fees are not
netted: Binance charges ~5 bps taker / 2 bps maker a side.
HL vs Binance: names listed on both venues. gap is the mean
APR difference — what a perp-vs-perp hedge (short the higher payer, long the other) would
have collected before fees. best short is the better venue for the
short-perp / long-stock carry trade.
How to read: cum return is what a held position would have
collected over the window per dollar of notional, before fees and slippage.
% >15% is the share of hours above the carry floor — a name with a high
mean but low % >15% pays in bursts and is hard to hold.
rel v2 rewards area above the floor rather than peaks.
Detail
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