Hyperliquid funding extremes — 2026-06-18
$aster long pays 13.3% apr. oi $44.4m. $eth, $bnb, $ltc, $doge all clustered at 11% apr. shorts collect. $pump short pays 91.2% apr. oi $23.6m. mark $0.0015. $avax short pays 58.2% apr. $ada 48.9%. $crv 35%. $fet 22.7%. longs collect. the cleanest carry right now is $pump short
$aster long pays 13.3% apr. oi $44.4m. $eth, $bnb, $ltc, $doge all clustered at 11% apr. shorts collect.
$pump short pays 91.2% apr. oi $23.6m. mark $0.0015. $avax short pays 58.2% apr. $ada 48.9%. $crv 35%. $fet 22.7%. longs collect.
the cleanest carry right now is $pump short. 91.2% apr on $23.6m oi. the risk: a single whale unwind spikes the mark and wipes a month of carry in an hour. thin book, microcap mark. the apr is high for a reason.
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Originally published on FalsifyLab Substack.
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