Cardano Funding Cost & Liq Alert on Hyperliquid
holding $1,000 of Cardano on Hyperliquid perps costs $0.03 every hour in funding — $0.60 a day, $18.00 over 30 days.
how it's computed
it's rate × size × time, and it's a transfer, not a fee: take the other side that week and the longs pay you $4.20. the liq alarm runs while you hold.
- per 1h interval
- $0.03
- over 7 days
- $4.20
- flip to short, per week
- +$4.20
alert at $0.2479
if the wick tags $0.2417, the ~$100 of margin on this position is gone. the scream is free.
free: 2 alerts, no card · unlimited + night mode $9/mo — one wick costs more
the short version
- holding $1,000 of ADA on Hyperliquid at 0.0025% per hour costs $0.60 a day — $18.00 a month.
- it's a transfer, not a fee: the same size short would collect $4.20 a week.
- on isolated margin every payment comes out of your margin, so a week of holding pulls the liq 0.42% closer to entry.
how to use this tool
funding is the rent on a perp position: on a fixed clock the longs and shorts settle the difference between perp price and spot. type your size and the current rate, see what holding costs per day, week, month — and what it pays if you flip the side.
the meter on your position
funding is rent: size × rate × intervals, settled every hour on Hyperliquid. positive rate means longs pay.
read more
funding tethers the perp to spot: above zero longs pay shorts, below zero shorts pay longs. Hyperliquid settles every hour — 24 times a day.
it is charged on notional, not margin: at 25x, 0.03% of notional a day is 0.75% of your margin a day.
worked example: $1,000 ADA long at 0.0025% funding per hour
$1,000 long at 0.0025% per hour: $0.60 a day, $18.00 a month.
- per hour
- $0.03
- per day (24 intervals)
- $0.60
- per week
- $4.20
- per 30 days
- $18.00
- same size short, same week
- +$4.20 paid to you
read more
$1,000 long, funding at 0.0025% per hour: $0.03 each interval, $0.60 a day, $4.20 a week, $18.00 over a month — the rent on holding a perp.
flip the side and the same money lands in your account: the short collects $4.20 a week. hyperliquid perp taker fees run 0.045% a side. on a position you open and close in a day that's 0.09% gone before funding — at 20x leverage that's 1.8% of your margin.
when funding is the trade
extreme funding means a one-sided crowd. the side collecting it still needs a stop.
read more
cardano funding keeps changing sign — negative on 19% of the last 7 days' samples, -0.0132% to 0.01% per 8h. positioning turning over, not a carry trade: do not size a multi-day hold on today's -0.0107%.
getting paid 0.0125% per hour (0.10% per 8h) to short a vertical move is how accounts end up on the liquidation tape — collect funding with a stop, not with hope.
the hourly clock
enter just before a settlement and you pay a full interval — check the countdown first.
read more
Hyperliquid settles funding at the top of every hour, 24 times a day. entering a position two minutes before a settlement pays a full interval — the countdown is worth checking before you market-buy a crowded long.
funding plus liq: the two numbers that matter
funding bleeds slowly; liquidation takes everything at once. watch both.
read more
use the numbers here for the bleed, the Cardano liq alert for the cliff, and the alert below to hear about either before it arrives.
faq
how is funding cost calculated?
cost = size × funding rate × intervals held. a usdt-m perp settles on a fixed clock — every 8 hours on binance, bybit and okx, hourly on hyperliquid — so a day is 3 intervals there and 24 on hyperliquid. funding applies to notional, not margin — 0.01% on a $20,000 position is $2 per settlement, $6 a day, regardless of leverage.
who pays funding on a perpetual future?
funding > 0: longs pay shorts. funding < 0: shorts pay longs. it's a transfer between the two sides that keeps the perp anchored to spot — not a fee to the exchange, though the exchange's mark decides the rate.
what is a typical funding rate?
0.01% per 8h is the baseline most usdt-m perps are quoted against (0.03% a day — hyperliquid prints the same rent in hourly slices). calm markets hover there; crowded directional markets push it to 0.05–0.10%+; panics flip it negative. when funding is extreme, the fee is telling you who's trapped.
how often is funding paid on binance, bybit, okx and hyperliquid?
binance, bybit and okx settle usdt-m perps every 8 hours, at 00:00, 08:00 and 16:00 utc; hyperliquid settles hourly, at the top of every hour. some contracts (notably during extreme volatility) can switch to hourly funding on the 8h venues too — if the rate looks 8x smaller but the countdown says 1h, that's why.
can i get paid funding?
yes — hold the side funding pays. in a crowded long market, shorts collect at every settlement — 8-hourly on binance, bybit and okx, hourly on hyperliquid. but you're shorting a rising market to do it, so collect with a stop: funding income is small, fast, and stops mattering entirely the moment price runs through your liq.
what's the difference between predicted and realized funding?
predicted is the rate you'd get if the current premium held until settlement; realized is what actually printed. use predicted to decide whether to hold through the next 8h clock, use the numbers here to price what it costs if you're wrong.
walk me through the ADA example on this page
$1,000 ADA long at 0.0025% funding per hour: per hour $0.03; per day (24 intervals) $0.60; per week $4.20; per 30 days $18.00; same size short, same week +$4.20 paid to you. the full narrative is in the explainer above — and estimate — exchanges compute exact liq from live margin; always double-check on your venue.