Funding rates
Perpetual venues exchange funding between longs and shorts to help align the contract with its index; the sign, interval, and persistence determine carry.
Funding rates
Perpetual venues exchange funding between longs and shorts to help align the contract with its index; the sign, interval, and persistence determine carry.
Hinge expresses this concept using a multiplier-adjusted Robinhood Chain spot leg and an explicitly mapped perpetual leg. Values remain indicative until both legs have executable quotes and future infrastructure can coordinate them.
Operational controls
Check source and freshness before interpreting a number. Treat annualized funding as a rate conversion, not expected return. Review basis, liquidity, venue, and margin together.
Limits and risk
No directionally hedged construction is risk-free. Quantity matching does not guarantee fill matching, solvency, liquidity, or positive funding.
Missing, stale, or contract-dependent values remain unavailable. Hinge does not insert demo values to complete a calculation.