HYPE perpetual futures on 8 exchanges

Funding rate, maximum leverage and margin tiers for HYPE on Binance, OKX, Bybit, Gate, Bitget, Hyperliquid, MEXC, KuCoin, side by side. Data as of 11 Oct 2026, 09:06 UTC.

The highest leverage on HYPE is 100x, on MEXC; Hyperliquid allows up to 10x.

Funding, converted to an 8-hour rate, ranges from -0.0076% on KuCoin to +0.0100% on Bitget, so longs pay on some exchanges and shorts on others.

At 20x, the largest position you can open ranges from about 500,000 USDT on Bybit to 85,023,000,000,000,000 USDT on MEXC.

Funding and leverage

ExchangeMark priceFunding / 8hAnnualisedSettles everyMax leverageTier 1 maint. rateCalculators
Binance 85.0016 USDT +0.0008% +0.9% 4 h 75x 1%
OKX 84.9960 USDT -0.0007% -0.8% 8 h 50x 1%
Bybit 84.9730 USDT +0.0014% +1.5% 8 h 75x 0.67%
Gate 84.9850 USDT -0.0014% -1.5% 4.0 h 75x 0.833%
Bitget 84.9800 USDT +0.0100% +11.0% 4 h 75x 1%
Hyperliquid 84.9710 USDC +0.0100% +11.0% 1 h 10x 5%
MEXC 85.0230 USDT +0.0003% +0.3% 8 h 100x 0.5%
KuCoin 84.9970 USDT -0.0076% -8.3% 4.0 h 75x 0.7%

Positive funding means longs pay shorts. Rates are converted to an 8-hour period because exchanges settle every 1, 4 or 8 hours for HYPE. Live rates: funding rate table.

Largest position at each leverage

ExchangeAt 10xAt 20xAt 50xAt 100xMargin tiers
Binance 5.0M USDT2.0M USDT200K USDT— 9
OKX 6.5M USDT595K USDT153K USDT— 93
Bybit 1.0M USDT500K USDT25.0K USDT— 30
Gate 5.0M USDT2.0M USDT100K USDT— 20
Bitget 5.0M USDT2.0M USDT200K USDT— 10
Hyperliquid 20.0M USDC——— 2
MEXC 85,023,000B USDT85,023,000B USDT85,023,000B USDT85,023,000B USDT 1
KuCoin 3.0M USDT1.5M USDT150K USDT— 8

Position value in the margin currency. "—" means the exchange doesn't allow that leverage for HYPE, or doesn't publish the limit (BingX lists only its first tier).

Reading these numbers

Maximum leverage only applies to small positions. Every exchange splits a contract into margin tiers: as the position grows, the allowed leverage falls and the maintenance margin rate rises, so the liquidation price moves closer to entry. The second table shows where each exchange draws those lines for HYPE. If you plan a large position, check it there before choosing the exchange.

Funding is paid between longs and shorts, not to the exchange. Over a position held for days it often costs more than trading fees, and the rate can differ a lot between exchanges for the same coin.

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