Binance vs Hyperliquid head to head
| Metric | Binance | Hyperliquid |
|---|---|---|
| Open interest | $28.69B | $17.17B |
| Share of all exchanges tracked | 33.8% | 20.2% |
| Perp volume, 24h | $31.02B | $4.19B |
| Perpetual markets | 564 | 327 |
| OI on the 174 shared coins | $21.89B | $13.14B |
| Avg funding on shared coins / 8h | 0.0006% | 0.0105% |
| Higher funding on | 8 coins | 60 coins |
| OI-weighted funding, all perps / 8h | 0.0031% | 0.0124% |
| Liquidations, 24h | $26.22M | — |
Liquidations are compared only when both exchanges publish a liquidation feed this site reads.
Funding and open interest on shared coins
top 20 of 174 by combined OI| # | Coin | Binance funding | Hyperliquid funding | Spread / 8h | Binance OI | Hyperliquid OI |
|---|---|---|---|---|---|---|
| 1 | BTC | 0.0026% | 0.0094% | -0.0068% | $7.98B | $3.16B |
| 2 | ETH | 0.0032% | 0.0100% | -0.0068% | $6.12B | $2.95B |
| 3 | HYPE | -0.0057% | 0.0100% | -0.0157% | $389.40M | $1.88B |
| 4 | SOL | -0.0027% | 0.0100% | -0.0127% | $1.03B | $692.29M |
| 5 | ZEC | 0.0100% | 0.0167% | -0.0067% | $709.92M | $838.22M |
| 6 | XRP | 0.0054% | 0.0100% | -0.0046% | $494.08M | $307.62M |
| 7 | NEAR | 0.0100% | 0.0551% | -0.0451% | $293.52M | $443.48M |
| 8 | BNB | 0.0000% | 0.0100% | -0.0100% | $451.66M | $50.22M |
| 9 | DOGE | 0.0055% | 0.0431% | -0.0376% | $293.11M | $126.63M |
| 10 | UNI | 0.0100% | 0.0100% | 0.0000% | $267.62M | $112.68M |
| 11 | ENA | 0.0100% | 0.0100% | 0.0000% | $158.56M | $171.60M |
| 12 | PUMP | 0.0100% | 0.0449% | -0.0349% | $95.66M | $207.87M |
| 13 | LIT | 0.0100% | 0.0100% | 0.0000% | $77.26M | $212.39M |
| 14 | SUI | 0.0039% | 0.0288% | -0.0250% | $172.07M | $104.27M |
| 15 | LINK | 0.0029% | 0.0100% | -0.0071% | $135.28M | $100.46M |
| 16 | WLD | 0.0100% | 0.0538% | -0.0438% | $130.87M | $98.18M |
| 17 | TAO | 0.0100% | 0.0100% | 0.0000% | $101.10M | $105.89M |
| 18 | ONDO | 0.0100% | 0.0152% | -0.0052% | $100.40M | $84.19M |
| 19 | LTC | 0.0065% | 0.0100% | -0.0035% | $117.71M | $55.34M |
| 20 | XPL | 0.0100% | 0.0628% | -0.0528% | $56.88M | $108.40M |
Coverage. Binance: Liquidations sampled: Binance publishes at most one per symbol per second. Hyperliquid: No liquidations: Hyperliquid has no public all-market liquidation stream.
How it's counted. Open interest is the USD value of open perpetual positions (one side) at the mark price, summed over the markets this site tracks; stablecoin pairs are left out. Shared coins are coins with a perpetual on both exchanges (Hyperliquid HIP-3 markets excluded); where an exchange lists several perps for a coin, the one with the most open interest is used. Funding is the 8-hour equivalent; the spread is Binance minus Hyperliquid.