Funding rate calculator
Perpetuals never expire; funding keeps their price close to the stock. When funding is positive, longs pay shorts; when negative, shorts pay longs. Each payment = position value × funding rate.
Enter your position size, the venue's current funding rate, the settlement interval and how long you plan to hold, to estimate total funding over that period. Funding changes with the market, so this is an estimate at today's rate.
Result
Defaults are live data for SNDK (xyz:SNDK on Hyperliquid); change them as you like. SNDK →
FAQ
Is funding paid to the venue?
No. Funding is exchanged between longs and shorts; the venue does not keep it, though it charges trading fees separately.
How often is funding settled?
Most venues settle every 8 hours (three times a day); some, such as Hyperliquid, settle hourly. Funding applies only if you hold a position at settlement.
Is funding based on margin or position value?
Position value. With $1,000 margin at 10x, the position is $10,000, and funding is calculated on $10,000.
Other tools
Market data comes from each venue's public feeds and is for reference only, not investment advice. Stock tokens and stock perpetuals are volatile and high risk, and some venues or products are unavailable in certain countries and regions. Check local rules and the venue's terms before trading.