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Model

Neutral carry

Short the perp, supply the spot, borrow to lever the carry. Every rate below is either a live read-only quote or an assumption you control.

Carry calculator

Assumption

Modelled result

APR = L × (funding + supply) − (L − 1) × borrow

Net APR
+22.51%
+$2,251.48 / year
Funding APR
+8.28%
sample
Break-even funding
+0.78%
Mark price
$184.22
OI $64M

Funding flips sign frequently. Below the break-even rate this position pays to stay open, and leverage amplifies the loss.

Sample

Perp funding

Hyperliquid did not respond, so deterministic sample quotes are shown instead.

Perp funding rates
MarketMarkFunding / hFunding APROpen interestMax levSource
SOL$184.22+0.0009%+8.28%$64M20×
ETH$3142.50+0.0021%+18.40%$80M25×
BTC$71250.00+0.0015%+13.37%$94M40×
HYPE$28.140-0.0017%-14.59%$35M10×
SUI$3.410+0.0021%+18.45%$76M10×
AVAX$27.900+0.0002%+2.17%$34M10×
LINK$16.420-0.0017%-14.47%$58M10×
ARB$0.842000+0.0016%+14.13%$80M10×
DOGE$0.164000-0.0015%-12.96%$67M10×
JUP$0.731000+0.0014%+12.04%$88M10×
Read-only

Track a Hyperliquid account

Paste any public 0x address. Elade reads it through Hyperliquid's public info endpoint and never stores it.

Assumptions in use: supply 3.00%, borrow 5.67%, hours per year 8,760. These are model inputs, not quoted rates.