Hyperliquid funding extremes — 2026-05-12
alpha micro-digest
funding extremes snapshot. may 12, 03:00 utc.
top 5 paying longs (shorts collect carry): $ASTER +41.2% apr (oi $72.2M) $XMR +37.1% apr (oi $38.8M) $AAVE +33.4% apr (oi $59.1M) $FARTCOIN +23.9% apr (oi $50.8M) $BTC +11.0% apr (oi $2.34B)
top 5 paying shorts (longs collect carry): $JUP -172.1% apr (oi $8.4M) $CHIP -89.3% apr (oi $10.4M) $TRUMP -39.7% apr (oi $7.1M) $WIF -22.7% apr (oi $8.5M) $ZEC -10.9% apr (oi $201.9M)
cleanest carry trade right now: short $JUP, collect 172% apr from longs paying you. risk: jupiter governance vote or airdrop catalyst flips sentiment and funding snaps back before you close.
more at falsifylab.substack.com
#OnchainAlpha #PerpFunding #Hyperliquid $HYPE
— research and educational content. not investment, legal, or tax advice. do your own research. positions and views may change without notice.