Premium & funding

Premium can move inside the −4 to +6 bp clamp without moving realized funding. Funding here is simple annualized APR, not Boros fixed implied yield.

Up to datenext hourly fetch 28:20

Latest premium

−4.78 bp

settled hourly premium

24h mean

−3.55 bp

2% of 7d hours positive

Realized funding

2.36%

1h settlement · simple annualized APR

Funding state

Unpinned

Below lower edge

HYPE · HL

Hourly premium

Seven days of settled hourly premium against Hyperliquid's funding clamp, with realized funding aligned below.

positive negative 24h mean funding

Official Hyperliquid API · 168/168 settled hoursthrough Jul 26, 5:00 AM UTC · fetched Jul 26, 5:32 AM UTC

HYPE · HL

Daily mean premium and formula-implied funding across complete UTC days under Hyperliquid's current ±5 bp clamp.

Hourly funding = [P + clamp(1 bp − P, −5 bp, +5 bp)] / 8, where P is the hourly premium index in bp.

Current clamp · ±5 bp · chart from 12 Dec 2023

positive negative 30d premium 30d implied

Boros historical archive06 Dec 2024 through 22 Jul 2026 · updated 3d ago