CHIP: longs are crowded; funding is 125% annualized vs. a 7-day normal of 9%
Funding paid by longs is 14.1× its 7-day average, showing too many long positions and making it more likely that price will pull back.
Extreme funding: 67% of the last 190 beat the market after 24h ·All signal types →
Why short: funding is unusually high, showing longs are overcrowded and price is more likely to pull back. Profit mainly comes from the price move, not funding: rates often flip within a day, and realized funding is only a small share. 7-day mean +0.0010%, deviation 9.1σ.
7-day funding trend
Hourly settlementsOver 7 days and 168 settlements, longs paid shorts 162 times and shorts paid longs 6 times; the settled low was −0.0100% and high was +0.0044%.
This rate is above every settlement in this period.
Tracked whales on CHIP
Tracked pool · 10 current addressesLargest Short position: $621.99K, unrealized PnL −$86.74K; at the current rate, funding affects it by about +$8 per hour.
Signals cover 396 whale wallets in the engine's tracked pool. Profiles use the Hyperliquid fills available to the engine. · Signals use the public Hyperliquid API. Nicknames describe trading style, not identity; profiles and tags are calculated from available fills.