Why Hyperliquid Funding Matters
Hyperliquid charges funding hourly against the oracle price to keep each perpetual tethered to its underlying. The rate is a real-time crowding gauge: stretched funding marks where leverage is one-sided and expensive to hold — the fuel for a squeeze when price turns against the crowd.
How vyx Scans It
vyx streams funding live as funding and fundingBps across the whole Hyperliquid universe. Rank crowded markets with abs(fundingBps) >= 3, or combine positioning with pressure — fundingBps >= 2 && imb >= 25 flags crowded longs leaning the same way the book does. Funding paints alongside imbalance, CVD, and open interest on one heatmap, so you read crowding and flow together.
FAQ
How current are Hyperliquid funding rates in vyx?
Funding and mark data stream live per candle from the Hyperliquid feed across 300+ markets.
Does high funding mean price will reverse?
Not on its own. Crowded funding raises squeeze risk but can persist through a trend — combine it with price action, open-interest change, and book pressure before drawing conclusions.