MM Flow

Live · Hyperliquid mainnet

Funding rates

Where the carry is. Positive teal means longs pay shorts, pink means shorts pay longs. Current 8h refreshes every 15s. Historical averages over the top 60 markets.

Funding trajectory × liquidations — BTC

Cross-venue mean funding over time. Bubbles = liquidations (long below, short above), sized by notional.

Current
Regime
neutral
Range
Sign flips
0
Loading funding history…

Funding rate heatmap · cross-venue

Current 8-hour funding rate per coin × venue. Teal = longs paying shorts (bullish positioning); pink = shorts paying longs (bearish). Saturation maxes at ±0.05%/8h. Spot divergences ("HL hot while CEXs cold") for cross-venue edge.

Loading funding archive…
Source: cross-venue funding archive (Binance / Bybit / OKX direct + HL owned + Coinalyze for Deribit/Bitget/BitMEX). Rates are 8-hour. Annualized = rate × 3 × 365 — e.g. 0.01%/8h = +10.95% APR. Click a coin to drill into its full funding history.

Funding arbitrage · cross-venue spreads

For each coin, the gap between the highest and lowest 8h funding rate across reporting venues. Long the LOW-funding venue, short the HIGH-funding venue → harvest the spread delta-neutral. APR annualized at 3 fundings/day × 365 days.

Computing cross-venue funding spreads…
APR ignores execution costs, exchange fees, funding-time skew, and the funding-rate calculation differences between venues (Binance uses different mark logic than HL, etc.). Actual edge is typically 60-80% of the displayed number after costs. Use this view to discover opportunities; size them against the per-venue spec on the /oi/<COIN> page.

HL funding persistence · streak leaderboard

How many consecutive 1-hour periods has funding held one sign per coin? Long positive streaks = longs paying continuously (euphoria); long negative = shorts paying continuously (capitulation).mmflow-derived signal — Coinglass shows current rates but not the persistence axis.

Computing funding streaks across 20 HL coins…
Source: HL fundingHistory per coin, last 30 days. Streak = consecutive 1-hour periods funding held one sign, walking back from the latest entry. Honey-ring rows have ≥48h streaks (2+ days of unbroken pressure). Accrued = signed cumulative rate over the streak window — magnitude is the carry traders on the wrong side have paid out.
Loading funding rates from Hyperliquid…

Source: /info endpoints predictedFundings + fundingHistory. Historical averages computed client-side over the selected window. Trailing · on a rate means historical data hasn't loaded yet — value shown is the current 8h annualized as a projection. Click column headers to sort: abs (largest |rate|) → descasc.