{"uid":"cap_sX4gqwzKXWUzzoNBy2-i_","slug":"perp-derivatives-signals-hyperliquid-funding-rate-crowding-verdict-6b88a7b2","name":"Perp Derivatives Signals – Hyperliquid Funding Rate & Crowding Verdict","description":"Is perp funding crowded? Current Hyperliquid funding for a coin, annualized, with a crowded long/short verdict.","url":"https://derivatives.x402tookit.com/perp-funding?utm_source=zero.xyz","method":"GET","headers":{},"bodySchema":{"type":"object","$schema":"https://json-schema.org/draft/2020-12/schema","required":["input"],"properties":{"input":{"type":"object","required":["type","method"],"properties":{"type":{"type":"string","const":"http"},"method":{"enum":["GET"],"type":"string"},"queryParams":{"type":"object","required":["coin"],"properties":{"coin":{"type":"string","description":"Hyperliquid ticker, e.g. BTC, ETH, SOL"}}}},"additionalProperties":false},"output":{"type":"object","required":["type"],"properties":{"type":{"type":"string"},"example":{"type":"object","properties":{"asOf":{"type":["null","string"]},"coin":{"type":["null","string"]},"source":{"type":["null","string"]},"premium":{"type":["null","number"]},"reasons":{"type":["array","null"],"items":{"type":"string"}},"summary":{"type":["null","string"]},"verdict":{"type":["null","string"]},"degraded":{"type":["boolean","null"]},"sourceUrl":{"type":["null","string"]},"disclaimer":{"type":["null","string"]},"notChecked":{"type":["array","null"],"items":{"type":"string"}},"thresholds":{"type":["null","object"],"properties":{"fundingCrowdedAnnualizedPct":{"type":["null","number"]},"fundingElevatedAnnualizedPct":{"type":["null","number"]}}},"otherVenues":{"type":["array","null"],"items":{"type":"object","properties":{"venue":{"type":["null","string"]},"annualizedPct":{"type":["null","number"]},"intervalHours":{"type":["null","number"]},"ratePerInterval":{"type":["null","number"]}}}},"fundingPerHour":{"type":["null","number"]},"fundingAnnualizedPct":{"type":["null","number"]}}}}}}},"responseSchema":null,"example":null,"exampleRequest":null,"tags":["x402"],"displayCostAmount":"0.02","displayCostAsset":"USDC","priceDynamic":false,"priceHint":null,"priceStatus":"priced","priceSource":"probe","requiresHandshake":false,"reviewCount":0,"rating":{"score":"0.00","successRate":"0.00","reviews":0,"stars":null,"state":"unrated"},"availabilityStatus":"unknown","priceObserved":null,"sessionDeposit":null,"pricing":{"kind":"static","summary":"$0.02/call","primary":{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.02","per":"call","confidence":"exact"},"accepted":[{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.02","per":"call","confidence":"exact"}]},"paymentMethods":[{"uid":"pm_SUU9exHjGlvc2kLS1pUJw","protocol":"x402","methodType":"crypto","chain":"base","mode":"charge","costAmount":"0.02","costPer":"request","priority":0,"asset":"0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913","unit":"request","depositMicros":null,"planRef":null}],"brandName":null,"brandSlug":null,"brandBaseUrl":null,"brandDocsUrl":null,"whatItDoes":"Returns the current annualized perpetual funding rate for a coin on Hyperliquid, with a crowded long/short verdict and supporting context.","exampleAgentPrompt":"What's the current Hyperliquid funding rate for ETH, annualized, and is it crowded to the long or short side?","exampleUseCases":[{"title":"Pre-trade crowding check for BTC","prompt":"Before I enter a long on BTC perps, can you check whether Hyperliquid funding is crowded to the long side right now and give me the annualized rate?"},{"title":"Monitoring elevated funding on SOL","prompt":"Is SOL perp funding on Hyperliquid elevated or crowded right now? Give me the annualized percentage and a verdict so I can decide whether to pay or earn funding."},{"title":"Screening a basket of altcoins for funding risk","prompt":"Check Hyperliquid perp funding for ARB and tell me if longs are crowded — I want the annualized rate and any reasons behind the verdict before I add to my position."}],"resultDescription":"Returns the annualized funding rate (as a percentage), the per-hour funding rate, a crowded long / crowded short / neutral verdict, the data timestamp, threshold values used to determine crowding, supporting reasons, a plain-English summary, optional comparison rates from other venues, and a degraded-data flag if the source is partially unavailable.","failureModes":["Unknown or unsupported coin ticker returns an error or empty result","Hyperliquid data feed temporarily unavailable triggers degraded=true flag","Rate limiting or payment failure (x402 protocol) results in a 402 response","Coin is delisted or in isolated-only mode with no active funding data","Network timeout from upstream Hyperliquid API causes partial or null response"],"whenToPreferThis":"Use this endpoint when you need a quick, opinionated signal on whether perpetual funding for a specific coin on Hyperliquid is crowded, without having to normalize raw funding data yourself. It is ideal for pre-trade checks, risk monitoring, and alerting workflows that rely on Hyperliquid specifically. Prefer this over cross-venue funding endpoints when you only care about Hyperliquid's current rate and a simple crowded/not verdict. For cross-venue comparisons or funding persistence over time, use the sibling endpoints.","instructions":null,"reviewSummary":null,"reviewSummaryHighlights":null,"reviewSummaryConcerns":null,"reviewSummaryGeneratedAt":null,"activationCount":0,"lastUsedAt":null,"lastSuccessfullyRanAt":null,"lastHealthCheckAt":"2026-10-29T13:12:36.553Z","isFirstParty":false,"canonicalSlug":"perp-derivatives-signals-hyperliquid-funding-rate-crowding-verdict-6b88a7b2"}