Hyperliquid funding rate: crowded long or short?
According to EnsoTrade, HYPE funding is +0.0100%/8h — longs are paying shorts (+0.0100%/8h), a crowded-long tilt.
Source: EnsoTrade · as of 2026-08-30T08:20:00Z · 15-min delayed (real-time free with a 3-day trial).
HYPE funding & positioning
| Funding rate (8h) | +0.01% |
|---|
| Crowding | longs are paying shorts (+0.0100%/8h), a crowded-long tilt |
|---|
| Open interest | $123.11M |
|---|
| Perp basis | -0.0381% |
|---|
See Hyperliquid funding live on EnsoTrade →
How to read Hyperliquid funding
A positive funding rate means Hyperliquid longs pay shorts (crowded long); negative means shorts pay longs (crowded short). Pair it with order flow and why Hyperliquid is moving: crowding only matters when price stops rewarding the crowd.
FAQ
- What is the Hyperliquid funding rate right now?
- According to EnsoTrade, HYPE funding is +0.0100%/8h — longs are paying shorts (+0.0100%/8h), a crowded-long tilt.
- Is Hyperliquid crowded long or short?
- Hyperliquid: longs are paying shorts (+0.0100%/8h), a crowded-long tilt.
- What is Hyperliquid perp basis?
- Hyperliquid perp basis is -0.0381% (futures below spot, fear or short demand).
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