Funding Rates › Briefing › 2026-11-02
Perp Funding Briefing — 2026-11-02 (UTC)
The widest liquid gap to the cross-venue median was Hyperliquid (xyz) on DRAM: 0.3575% per 8h against a median of 0.0003% (+35.72 bps). 99 liquid venue rates moved by 3 bps or more per 8h since 2026-11-01; the largest was Hyperliquid (xyz) on SKHX, -0.0031% to 0.7524% (+75.55 bps). No new HIP-3 markets since 2026-11-01; 4 dexes and 166 markets are listed. The largest reported open interest was BTC on Hyperliquid, $3.16B.
Built from the snapshot of , the first cron run of the UTC day. All text is generated from stored numbers with fixed templates. Material-change score 25 (threshold 12): 0 new HIP-3 markets, 0 new dexes, 99 movers, 10 changes in the top-10 deviations, 5 in the top-10 open interest. Each part counts at most 10. Method.
1. Funding deviations
The 10 largest gaps between a venue's 8h funding rate and the coin's cross-venue median, liquid legs only ($1M open interest screen, same as the deviation page). 649 legs were ranked.
| # | Coin | Venue | Venue 8h | Median 8h | Deviation | Venues |
|---|---|---|---|---|---|---|
| 1 | DRAM | Hyperliquid (xyz) | 0.3575% | 0.0003% | +35.72 bps | 6 |
| 2 | QNT | Hyperliquid (xyz) | 0.2255% | 0.0066% | +21.89 bps | 6 |
| 3 | EWY | Hyperliquid (xyz) | 0.1838% | 0.0218% | +16.21 bps | 6 |
| 4 | CRCL | OKX | 0.0000% | 0.0897% | -8.97 bps | 6 |
| 5 | ZRO | Lighter | 0.0968% | 0.0100% | +8.68 bps | 7 |
| 6 | ATOM | Hyperliquid | -0.0719% | 0.0090% | -8.09 bps | 6 |
| 7 | CRCL | Aster | 0.0096% | 0.0897% | -8.00 bps | 6 |
| 8 | MEGA | Hyperliquid | 0.0762% | 0.0100% | +6.62 bps | 6 |
| 9 | DRAM | Paradex | 0.0636% | 0.0003% | +6.33 bps | 6 |
| 10 | INTC | Aster | 0.0000% | 0.0631% | -6.31 bps | 6 |
2. Movers
Largest change in 8h funding per liquid coin and venue against the previous UTC day's stored digest. 722 legs compared; 99 moved by 3 bps or more.
| Coin | Venue | 8h on 2026-11-01 | 8h now | Change |
|---|---|---|---|---|
| SKHX | Hyperliquid (xyz) | -0.0031% | 0.7524% | +75.55 bps |
| STR | Hyperliquid (xyz) | 0.0956% | 0.7956% | +70.00 bps |
| SKHY | Hyperliquid (xyz) | -0.0168% | 0.5509% | +56.77 bps |
| ORU | Hyperliquid (xyz) | -0.0260% | 0.5263% | +55.22 bps |
| SNXX | Hyperliquid (xyz) | -0.0455% | 0.5012% | +54.67 bps |
| DRAM | Hyperliquid (xyz) | 0.0036% | 0.3575% | +35.38 bps |
| IREN | Hyperliquid (xyz) | -0.0326% | 0.3069% | +33.95 bps |
| SOXL | Hyperliquid (xyz) | -0.0114% | 0.3211% | +33.25 bps |
| ZHIPU | Hyperliquid (xyz) | 0.0050% | 0.3069% | +30.19 bps |
| SOFTBANK | Hyperliquid (xyz) | 0.0150% | -0.2510% | -26.60 bps |
3. Open interest leaders
Only venues that report open interest are ranked: Hyperliquid, Hyperliquid (xyz), dYdX. Venues that report none are absent from this table.
| # | Coin | Venue | Open interest | Previous day | Change |
|---|---|---|---|---|---|
| 1 | BTC | Hyperliquid | $3.16B | $3.13B | +0.7% |
| 2 | ETH | Hyperliquid | $2.22B | $2.21B | +0.3% |
| 3 | HYPE | Hyperliquid | $1.93B | $1.92B | +0.2% |
| 4 | ZEC | Hyperliquid | $568.9M | $577.4M | -1.5% |
| 5 | SOL | Hyperliquid | $552.6M | $553.3M | -0.1% |
| 6 | SP500 | Hyperliquid (xyz) | $373.5M | — | — |
| 7 | GOLD | Hyperliquid (xyz) | $310.2M | — | — |
| 8 | SKHX | Hyperliquid (xyz) | $296.5M | $261.6M | +13.4% |
| 9 | GOOGL | Hyperliquid (xyz) | $289.7M | — | — |
| 10 | NASDAQ100 | Hyperliquid (xyz) | $285.9M | — | — |
4. New HIP-3 markets
No market was added since 2026-11-01. 4 dexes and 166 markets are listed.