HyENA lists 24 perpetual markets with funding rate data. The current mean funding rate across HyENA perps is -10.15 bps (-111.12% APY) (8h-normalized so it can be compared across venues with different funding intervals).

Highest HyENA funding rates

• HYPE: 2.63 bps (28.82% APY)
• ETH: 1.00 bps (10.95% APY)
• SOL: 1.00 bps (10.95% APY)

Lowest HyENA funding rates

• XMR: -129.60 bps (-1419.09% APY)
• ZEC: -54.58 bps (-597.63% APY)
• PEPE: -13.55 bps (-148.35% APY)

Largest absolute HyENA funding rates

Markets with the most extreme HyENA funding (positive or negative): XMR (-129.60 bps), ZEC (-54.58 bps), PEPE (-13.55 bps).

About HyENA funding rates

Funding payments keep HyENA perpetual contracts pinned to the underlying spot price. A positive HyENA funding rate means longs pay shorts — the long side is crowded and willing to pay to hold the position. A negative HyENA funding rate means shorts pay longs. All rates on this page are normalized to an 8-hour basis so HyENA can be compared directly with venues that fund hourly, every 4 hours, or on any other schedule.

Last updated 2026-06-05 04:43:36 (UTC).