Funding cost.Size × rate × hours.
See what holding a position costs or earns in funding at the current hourly rate.
You pay$3.00$0.13 per hour, if the rate stayed where it is
Hyperliquid pays funding every hour. When the rate is positive, longs pay shorts; when it is negative, shorts pay longs. Real rates change every hour.
How funding works on Hyperliquid
Funding is paid every hour, on the hour, between longs and shorts — not to the exchange. A positive rate means longs pay shorts; a negative one means shorts pay longs.
The payment is your position's notional value times the hourly rate. The rate changes every hour, so a result for many hours assumes it stays where it is, which it will not.