Hyperliquid Funding Rate Extreme Events: When Rates Hit 100%+ APR and How to Position for Reversals
A trader wakes to see that funding rates on Hyperliquid perpetual futures have climbed to 0.5% per hour—roughly 50% annualized—as Bitcoin rallies past resistance during peak retail trading hours. Leverage-heavy longs have crowded into one side of the market, and the mechanisms designed to incentivize balance have begun to punish them. Within minutes, the rate spikes further. At this extreme, a long position pays 0.75%… Xem thêm »
