W funding rate
Hyperliquid vs Binance vs Bybit — normalized to 8h6/12/2026, 9:40:11 AM
Hyperliquid (predicted)
-0.0424%
8h
Binance
-0.0009%
8h
Bybit
-0.0010%
8h
Cross-exchange gap
Direction: long on Hyperliquid, short on Binance · 45.5%/yr(0.0415% / 8h)
Excludes fees, slippage and settlement timing. Informational only — not investment advice.
FAQ
What is the W funding rate right now?
Normalized to 8h: Hyperliquid -0.0424%, Binance -0.0009%, Bybit -0.0010%. This page refreshes about every 5 minutes.
How is funding settled?
Hyperliquid settles hourly; Binance and Bybit typically every 8 hours. Positive funding means longs pay shorts; negative means the reverse. All values here are normalized to 8h for comparison.
Can the cross-exchange gap be arbitraged?
The current W gap is ≈ 45.5%/yr. In theory you could long on Hyperliquid, short on Binance to hedge price risk and collect the spread, but fees, slippage and settlement timing matter. Informational only — not investment advice.