Hyperliquid funding extremes — 2026-07-03
alpha micro-digest
$GRAM longs paying 119% apr on $11.7M oi. $TRX shorts paying 126.8% apr on $15.7M oi. both sides of the carry trade are printing right now.
top 5 paying longs (shorts collect): $GRAM +119% apr (oi $11.7M) $SPX +40% apr (oi $6.1M) $VVV +32.7% apr (oi $23.5M) $FARTCOIN +24.5% apr (oi $26.2M) $XMR +21.3% apr (oi $45.1M)
top 5 paying shorts (longs collect): $TRX -126.8% apr (oi $15.7M) $LIT -62% apr (oi $98.1M) $HYPE -20.7% apr (oi $1.40B) $JUP -7.2% apr (oi $9.3M) $TRUMP -6.2% apr (oi $12.8M)
cleanest carry trade right now is shorting $TRX perps. you collect 126.8% apr while spot holds. risk is a sudden spot rally that blows through your hedge and liquidates the short leg before you can rebalance.
more at falsifylab.com
#PerpFunding #DeFiYield #Hyperliquid $HYPE
— research and educational content. not investment, legal, or tax advice. do your own research. positions and views may change without notice.