HYPE: longs are crowded; funding is 81% annualized vs. a 7-day normal of 9%
Funding paid by longs is 9.3× its 7-day average, showing too many long positions and making it more likely that price will pull back.
Extreme funding: 66% of the last 198 beat the market after 24h ·All signal types →
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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 10.2σ.
7-day funding trend
Hourly settlementsOver 7 days and 168 settlements, longs paid shorts 153 times and shorts paid longs 15 times; the settled low was −0.0036% and high was +0.0135%.
Tracked whales on HYPE
Tracked pool · 116 current addressesLargest Long position: $122.89M, unrealized PnL +$69.52M; at the current rate, funding affects it by about −$17.74K per hour.
Signals cover 1609 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.