SOPH funding rate
SOPH funding is -0.0016% per hour on Hyperliquid (-14.12% APR). A positive rate means longs pay shorts.
Data as of . Refreshed about every minute.
Current rate by venue
| Venue | Market | Per hour | APR | Per day on $10,000 | Open interest |
|---|---|---|---|---|---|
| Hyperliquid | SOPH | -0.0016% | -14.12% | Short pays $3.87 | $357K |
Method and sources
Rates are per hour: Hyperliquid and Lighter pay hourly; Aster's rate is divided by the market's funding interval (8, 4 or 1 hours). APR = rate per hour × 24 × 365, not compounded. Averages are total funding paid over the period divided by its hours. A positive rate means longs pay shorts. Live rates refresh about every minute, history every 15 minutes.
- Hyperliquid: Hyperliquid info API (metaAndAssetCtxs)
More: SOPH perp markets by venue, all funding rates, how hourly funding works
Frequently asked questions
- Do longs or shorts pay SOPH funding right now?
- On Hyperliquid, shorts pay longs 0.0016% per hour (-14.12% APR). These are the latest rates; they change every hour, so the 7- and 30-day averages on this page say more about what a position has paid.
- How often is SOPH funding paid?
- Hyperliquid pays SOPH funding every hour. Funding is charged on the position's value, not on margin.