Ewy (XYZ) (EWY) Funding Rate
Live EWY perpetual funding rate data on Hyperliquid. The funding rate determines payments between long and short traders every 8 hours.
What This Means
Longs are paying shorts a moderate rate. This reflects healthy bullish demand without extreme positioning.
EWY Market Context
Understanding Funding Rates
Funding rates are a mechanism unique to perpetual futures contracts. Unlike traditional futures that expire on a set date, perpetual contracts have no expiry. To keep the perpetual price aligned with the underlying spot price, exchanges use a funding rate system where one side periodically pays the other.
On Hyperliquid, funding is settled every 8 hours (three times per day). When the perpetual price trades above the oracle (spot) price, the funding rate is positive and long traders pay short traders. When it trades below, the funding rate is negative and shorts pay longs. This incentivizes arbitrageurs to close the gap between perpetual and spot prices.
For Ewy (XYZ) (EWY), the current funding rate of +0.0323% per 8h means that a $10,000 position on the paying side would cost approximately $3.23 per funding period. Over a year at this rate, the annualized cost would be 35.40% of the position size.
Preguntas Frecuentes
Páginas Relacionadas
Trade Ewy (XYZ) Perpetuals on Hyperliquid
Monitor funding rates in real-time and trade EWY with professional tools, signals, and sentiment data.