Transparent historical data
What Happens to Hyperliquid After Negative Funding?
This study currently has no completed 7-day observations in the locally stored Hyperliquid dataset.
Source: Binance USDⓈ-M Futures and CoinGecko. Available local data: 2025-09-11 through 2026-09-16. Compare across assets → · Backtest this rule →
Outcome summary
Distribution of 3-day outcomes
| Return range | Occurrences |
|---|---|
| -15.5% to -11.1% | 3 |
| -11.1% to -6.7% | 6 |
| -6.7% to -2.3% | 13 |
| -2.3% to +2.1% | 17 |
| +2.1% to +6.4% | 9 |
| +6.4% to +10.8% | 4 |
| +10.8% to +15.2% | 6 |
| +15.2% to +19.6% | 0 |
| +19.6% to +24.0% | 2 |
All forward horizons
Click a horizon to jump the summary above to it, or a column header to re-sort this table.
Historical occurrences
60 independent episodes. Recent events can have incomplete longer horizons.
Filters apply to the list below only — outcome statistics above use the complete historical sample.
| Date | Trigger | Price | 1d | 3d | 7d | 14d | 30d | 90d |
|---|---|---|---|---|---|---|---|---|
| 2026-09-08 | -0.02 | $85.14 | -0.01% | -7.73% | -5.64% | — | — | — |
| 2026-09-02 | -0.00 | $82.76 | -1.02% | +2.02% | +2.87% | -7.06% | — | — |
| 2026-08-27 | -0.01 | $82.30 | +2.89% | +1.33% | -0.46% | +1.54% | — | — |
| 2026-08-18 | -0.01 | $59.42 | -1.52% | +23.96% | +32.75% | +41.63% | — | — |
| 2026-08-14 | -0.00 | $57.45 | -1.71% | -0.58% | +28.21% | +47.40% | +38.65% | — |
| 2026-08-08 | -0.01 | $54.08 | +1.89% | +1.78% | +4.41% | +39.61% | +62.64% | — |
| 2026-07-30 | -0.01 | $53.88 | +3.65% | -3.19% | +5.65% | +4.01% | +50.19% | — |
| 2026-07-21 | -0.00 | $62.42 | -2.54% | -7.87% | -10.22% | -13.55% | +11.51% | — |
| 2026-07-19 | -0.01 | $60.19 | +1.53% | +1.06% | -3.44% | -13.35% | -1.28% | — |
| 2026-07-16 | -0.03 | $66.83 | -9.19% | -9.93% | -11.18% | -19.38% | -15.51% | — |
| 2026-07-12 | -0.00 | $66.81 | +0.73% | -1.99% | -9.91% | -13.01% | -17.62% | — |
| 2026-07-09 | -0.00 | $67.60 | -0.76% | -1.16% | -1.14% | -12.19% | -20.00% | — |
| 2026-07-07 | -0.00 | $70.57 | -1.94% | -4.94% | -10.10% | -11.54% | -19.34% | — |
| 2026-07-05 | -0.01 | $69.82 | +2.09% | -0.89% | -4.30% | -13.78% | -22.71% | — |
| 2026-07-01 | -0.00 | $64.97 | -4.03% | +8.74% | +6.51% | +0.79% | -14.05% | — |
| 2026-06-25 | -0.00 | $63.83 | +0.39% | -3.45% | -2.31% | +5.91% | -10.04% | — |
| 2026-06-19 | -0.00 | $68.26 | +2.95% | -1.91% | -6.14% | -2.05% | -11.83% | — |
| 2026-06-15 | -0.01 | $63.89 | +4.69% | +11.31% | +4.81% | -3.86% | +2.50% | +24.67% |
| 2026-06-10 | -0.01 | $57.76 | -7.79% | +2.64% | +27.35% | +7.54% | +16.14% | +47.41% |
| 2026-06-07 | -0.00 | $56.60 | +5.33% | +2.05% | +7.23% | +24.96% | +24.68% | +49.17% |
| 2026-05-30 | -0.02 | $64.41 | +5.96% | +14.11% | -7.29% | -7.95% | -4.64% | +31.47% |
| 2026-05-24 | -0.01 | $58.67 | +7.03% | +1.40% | +16.33% | -3.53% | +12.83% | +28.69% |
| 2026-05-09 | -0.01 | $43.25 | -0.74% | -2.89% | +2.11% | +26.43% | +37.83% | +29.83% |
| 2026-05-06 | -0.01 | $43.72 | -1.41% | -1.08% | -7.97% | +9.93% | +47.21% | +23.42% |
| 2026-05-04 | -0.00 | $41.51 | +0.69% | +3.86% | +3.53% | +10.09% | +68.01% | +25.66% |
Best 7-day cases
- 2026-01-22: +58.54%
- 2025-10-22: +35.03%
- 2026-01-27: +33.04%
Worst 7-day cases
- 2025-12-15: -14.28%
- 2025-10-28: -13.83%
- 2025-12-05: -13.09%
How this study works
Each Binance funding rate is normalized to an eight-hour equivalent. An episode begins when that rate is below 0%. Consecutive qualifying funding intervals are grouped, and returns begin from the exact UTC date of the first qualifying interval.
Forward return = ((price on T + horizon / price on T) − 1) × 100. Missing exact UTC dates are marked incomplete and excluded from aggregates. Percentiles use inclusive linear interpolation.