Volume Monitor
Live crypto data · 8 exchanges
Connecting…

HYPE live: funding rate, open interest, liquidations & volume spikes

HYPE trades on 8 exchanges tracked by Volume Monitor (Binance, Bitget, Bybit, Gate, HTX, Hyperliquid, KuCoin and MEXC) across 8 perpetual futures and 3 spot markets. The last price is 91.310 USD on Hyperliquid (-0.45% in the last hour), and 24h volume is $1.00B ($958.00M perps, $43.62M spot). Perpetual open interest totals $2.89B. The OI-weighted funding rate is 0.0046% per 8h (≈5% APR), so longs pay shorts. $65K of HYPE positions were liquidated on Binance, Bybit, Bitget, Gate and HTX in the last 4 hours (since tracking began), 89% longs and 11% shorts. The scanner flagged 74 volume spikes on HYPE since it started.

Tracking for ~4h Updates every 5 s MarketsLong/shortSpikesLiquidations

PriceHyperliquid perp
91.310
1h -0.45% 24h —
24h volumespot + perp
$1.00B
Perp $958.00MSpot $43.62M
Open interest8 perps
$2.89B
1h — 24h —
Funding, 8hOI-weighted
0.0046%
≈5% APRlongs pay shorts
Liquidations 24hpartial
$65K
Longs $57KShorts $7,384
Volume spikes 24hpartial
74
Net spike flow-$14.42M

HYPE markets: funding rate & open interest by exchange

Funding as 8h equivalent (hover for APR) · OI changes need history
Market Price 1h 24h 24h volume Funding 8h Open interest OI 1h OI 4h OI 24h Trade
Hyperliquid perp HYPE 91.310 -0.45% — $276.07M 0.0100% $1.88B -0.55% — — Trade
Binance perp HYPEUSDT 91.301 -0.46% — $433.70M -0.0097% $394.39M -0.36% — — Trade
Bitget perp HYPEUSDT 91.308 -0.48% — $35.89M 0.0004% $197.83M -0.77% — — Trade
Bybit perp HYPEUSDT 91.310 -0.47% — $123.23M -0.0031% $148.83M -0.17% — — Trade
MEXC perp HYPE_USDT 91.310 — — $40.04M -0.0098% $111.98M — — — Trade
Gate perp HYPE_USDT 91.307 -0.47% — $33.89M -0.0068% $107.12M +0.50% — — Trade
KuCoin perp HYPEUSDTM 91.317 — — $12.82M 0.0100% $44.36M — — — Trade
HTX perp HYPE-USDT 91.377 -0.41% — $2.37M 0.0100% $1.43M +0.94% — — Trade
Bybit spot HYPEUSDT 91.370 -0.48% — $18.41M — — — — — Trade
Binance spot HYPEUSDT 91.380 -0.45% — $15.82M — — — — — Trade
Binance spot HYPEUSDC 91.360 -0.48% — $9.39M — — — — — Trade

Price and OI changes appear once the server has enough history: it records 5-minute snapshots since its last restart (~4h ago), so 1h values fill in after an hour and 24h values after a day. Trade links go to the exchange and may be referral links.

Bybit Trade on Bybit

No account yet? Signing up through our link helps keep Volume Monitor free.

Referral link · availability depends on your country (not available in the US)

HL New to Hyperliquid?

Code VOLUMEMONITOR saves 4% on fees for your first $25M of volume. New wallets only: use it before your first trade.

Join Hyperliquid ↗

Referral link · availability depends on your country

HYPE long/short ratio

All coins' long/short ratios →
Binance accounts
61.9% longRatio 1.63
Short 38.1%1h +0.44h +2.524h +4.4
Binance top traders
59.0% longRatio 1.44
Short 41.0%1h 0.04h +0.324h -4.5
Bybit accounts
72.4% longRatio 2.62
Short 27.6%1h 0.04h +1.924h +3.4
Binance accountsBinance top tradersBybit accounts50% = even

Share of longs; changes in percentage points (pp). Accounts = share of accounts with a net long position; top traders = share of the combined position of Binance's top 20% of traders by margin that is long. New points every 5 minutes; 24h history backfilled from the exchanges.

Spikes on record71
Buy-side18
Mixed7
Sell-side46
Time Venue Type Side $ in 1m × normal Buy % +5m +15m +1h
2m ago BIN spot VOL BUY $33K 4.4× 99% ———
2m ago BIN spot VOL BUY $32K 9.8× 88% ———
13m ago BYB perp VOL BUY $335K 5.5× 62% -0.01%——
15m ago BYB spot VOL SELL $35K 5.3× 11% -0.09%+0.13%—
28m ago HL perp VOL SELL $1.42M 13.8× 12% -0.02%-0.09%—
29m ago BYB perp VOL SELL $303K 4.4× 28% -0.03%-0.01%—
33m ago BIN perp VOL SELL $1.34M 6.2× 27% -0.06%-0.01%—
33m ago BIN spot VOL SELL $54K 5.9× 17% -0.07%0.00%—
33m ago BIN spot VOL MIXED $60K 9.8× 42% -0.13%-0.07%—
47m ago BIN perp VOL SELL $2.26M 9.7× 13% +0.11%+0.04%—
49m ago BIN perp VOL SELL $1.04M 4.4× 19% +0.03%-0.19%—
49m ago BIN spot VOL SELL $86K 7.0× 20% +0.01%-0.15%—
49m ago BIN spot VOL SELL $48K 5.4× 17% 0.00%-0.17%—
50m ago BYB spot VOL BUY $44K 5.2× 100% +0.05%0.00%—
54m ago BIN spot VOL MIXED $67K 5.2× 57% -0.02%+0.02%—
59m ago BIN perp VOL BUY $1.42M 4.9× 68% -0.15%-0.14%—
59m ago BYB spot VOL BUY $61K 6.4× 71% -0.16%-0.17%—
59m ago BIN spot VOL BUY $55K 5.5× 76% -0.15%-0.17%—
60m ago BIN spot VOL SELL $148K 14.1× 26% +0.01%-0.10%-0.19%
70m ago BIN spot VOL BUY $53K 5.1× 85% 0.00%+0.19%-0.25%
86m ago BYB perp VOL BUY $715K 5.1× 90% -0.04%+0.02%-0.05%
2h ago BYB perp VOL MIXED $547K 4.1× 51% +0.05%+0.21%+0.20%
2h ago BIN spot VOL SELL $49K 4.5× 10% -0.04%+0.02%+0.11%
2h ago BIN spot VOL SELL $174K 5.3× 1% -0.03%+0.16%+0.34%
2h ago HL perp VOL MIXED $4.53M 13.4× 44% +0.07%+0.11%+0.26%
2h ago BYB perp VOL SELL $1.21M 8.2× 9% +0.08%+0.11%+0.27%
2h ago BYB spot VOL SELL $75K 4.2× 20% +0.08%+0.10%+0.27%
2h ago HL perp VOL BUY $1.52M 4.5× 97% -0.22%-0.57%-0.27%
2h ago HL perp VOL SELL $1.60M 5.3× 31% +0.03%+0.22%+0.08%
2h ago BIN spot VOL SELL $54K 5.5× 34% +0.07%+0.26%+0.07%
2h ago BIN perp VOL SELL $2.80M 7.3× 35% +0.02%+0.20%+0.07%
2h ago BYB perp VOL SELL $3.02M 26.3× 6% +0.19%+0.49%+0.24%
2h ago BYB perp VOL SELL $716K 6.1× 27% -0.12%+0.07%+0.01%
2h ago BIN spot VOL SELL $118K 6.5× 30% -0.23%-0.13%-0.16%
2h ago BIN perp VOL SELL $1.84M 4.8× 21% -0.03%-0.25%-0.15%
2h ago BIN spot VOL SELL $500K 41.0× 10% -0.04%-0.28%-0.20%
2h ago BIN spot VOL BUY $69K 6.2× 95% +0.02%-0.28%-0.14%
2h ago BIN spot VOL SELL $204K 16.7× 0% 0.00%-0.20%-0.15%
2h ago BIN spot VOL SELL $61K 5.2× 7% -0.05%-0.27%-0.44%
2h ago BIN spot VOL SELL $102K 14.0× 12% +0.01%-0.03%-0.33%
2h ago BIN spot VOL SELL $33K 4.8× 1% +0.07%-0.03%-0.27%
2h ago HL perp VOL SELL $1.36M 6.1× 8% -0.15%-0.13%-0.57%
3h ago BIN spot VOL SELL $156K 24.9× 38% -0.25%-0.24%-0.61%
3h ago BIN spot VOL SELL $43K 6.8× 4% -0.16%-0.24%-0.54%
3h ago BYB spot VOL SELL $70K 6.7× 9% +0.03%-0.28%-0.77%
3h ago HL perp VOL BUY $692K 4.1× 73% -0.07%-0.40%-0.72%
3h ago BIN perp VOL SELL $1.14M 4.2× 23% -0.02%-0.26%-0.51%
3h ago BYB spot VOL SELL $67K 6.6× 6% -0.03%-0.27%-0.52%
3h ago BIN spot VOL SELL $68K 9.9× 0% -0.02%-0.27%-0.53%
3h ago HL perp VOL SELL $922K 6.8× 10% -0.33%-0.34%-0.58%
3h ago BIN spot VOL SELL $43K 4.2× 0% -0.36%-0.36%-0.62%
3h ago BIN spot VOL BUY $41K 5.8× 89% -0.11%-0.54%-0.97%
3h ago BYB spot VOL BUY $102K 10.0× 96% -0.08%-0.57%-1.01%
3h ago HL perp VOL SELL $1.09M 7.2× 31% -0.12%-0.16%-1.22%
3h ago BIN perp VOL MIXED $1.13M 4.1× 51% -0.14%-0.16%-1.20%
3h ago BIN spot VOL MIXED $50K 7.6× 58% -0.11%-0.14%-1.17%
3h ago BIN spot VOL MIXED $53K 6.3× 49% -0.09%-0.13%-1.16%
3h ago BYB spot VOL SELL $52K 4.9× 4% +0.09%+0.01%-1.01%
3h ago BYB perp VOL BUY $419K 4.4× 87% +0.20%+0.14%-0.82%
3h ago HL perp VOL SELL $1.22M 9.4× 2% +0.37%+0.28%-0.68%
3h ago BIN spot VOL SELL $80K 12.2× 1% +0.29%+0.26%-0.68%
3h ago BIN spot VOL SELL $53K 6.5× 28% +0.26%+0.29%-0.66%
3h ago HL perp VOL BUY $638K 4.9× 75% -0.04%+0.27%-0.80%
3h ago BYB perp VOL SELL $518K 5.9× 37% +0.23%+0.48%-0.58%
3h ago BIN spot VOL SELL $37K 5.9× 6% +0.21%+0.47%-0.61%
3h ago BIN spot VOL SELL $54K 6.6× 18% +0.23%+0.54%-0.53%
3h ago HL perp VOL SELL $906K 7.2× 2% -0.21%-0.29%-0.88%
3h ago BIN perp VOL SELL $1.15M 4.9× 22% -0.21%-0.24%-0.83%
4h ago BYB perp VOL BUY $363K 5.2× 89% +0.05%-0.41%-0.79%
4h ago BIN spot VOL BUY $44K 7.6× 86% +0.08%-0.43%-0.77%
4h ago BIN spot VOL SELL $35K 4.3× 0% +0.29%-0.21%-0.58%

Newest first, up to 100. +5m / +15m / +1h show the price change after each spike and fill in as time passes. They describe the past, not a prediction.

HYPE liquidations: long vs short

All liquidations →

HYPE perps trade only on Hyperliquid, which does not publish a liquidation feed.

About the HYPE numbers

HYPE funding rate

Perpetual futures have no expiry, so exchanges keep their price close to spot with periodic funding payments between longs and shorts. A positive HYPE funding rate means longs pay shorts (more demand for leveraged longs); negative means shorts pay longs. Rates here are converted to an 8-hour equivalent so exchanges with 1h, 4h and 8h intervals compare directly, and the headline figure is weighted by each exchange's open interest.

HYPE open interest

Open interest is the USD value of all open HYPE perpetual positions. Rising OI alongside a price move means new positions are opening; falling OI means positions are closing (including liquidations). OI changes are measured from 5-minute snapshots.

HYPE liquidations

A liquidation is a leveraged position the exchange closed by force. Long liquidations are forced sells that hit when price drops; short liquidations are forced buys when price rises. The long/short split shows which side was caught.

HYPE long/short ratio

The share of traders long versus short on HYPE perpetuals. Accounts figures count each account once (the share with a net long position on Binance, or holding a long on Bybit); the Binance top traders figure is the share of the combined position of the top 20% of Binance traders by margin that is long. A ratio above 1 means more longs than shorts. Retail account ratios lean long most of the time, so changes and divergences say more than the level. See the HYPE long/short ratio page.

HYPE volume spikes

A spike is a minute where one HYPE market traded at least 4× its normal minute volume, with a size floor. Buy % is the share of taker buys. The +5m / +15m / +1h columns show what price did afterwards. They are history, not a signal. Not financial advice.