Volume Monitor
Live crypto data · 8 exchanges

Gate vs Hyperliquid

Gate and Hyperliquid side by side from their public APIs: open interest, 24h perp volume, number of markets, the coins both list and funding on those coins, with the spread between the two. Each exchange also has its own page with its largest markets.

Hyperliquid has more perpetual open interest: $17.07B, 3.1× Gate's $5.49B. The two list 173 coins in common, out of 579 on Gate and 178 on Hyperliquid. Funding on the shared coins averages -0.0045% per 8h on Gate and 0.0031% on Hyperliquid; of 173 coins, Hyperliquid's rate is higher on 64, Gate's on 109. The widest funding gap is on SKY: 0.1307% per 8h higher on Hyperliquid (≈143% APR).

173 shared coins906 perpsAs of 23:02 UTC

Gate open interest#6 of 8
$5.49B
24.3% of the pair
Hyperliquid open interest#2 of 8
$17.07B
75.7% of the pair
Shared coins
173
406 only on Gate · 5 only on Hyperliquid

Gate vs Hyperliquid head to head

MetricGateHyperliquid
Open interest$5.49B$17.07B
Share of all exchanges tracked6.5%20.2%
Perp volume, 24h$6.85B$4.54B
Perpetual markets579327
OI on the 173 shared coins$5.36B$13.07B
Avg funding on shared coins / 8h-0.0045%0.0031%
Higher funding on109 coins64 coins
OI-weighted funding, all perps / 8h0.0015%0.0048%
Liquidations, 24h$4.23M—

Liquidations are compared only when both exchanges publish a liquidation feed this site reads.

Funding and open interest on shared coins

top 20 of 173 by combined OI
# Coin Gate funding Hyperliquid funding Spread / 8h Gate OI Hyperliquid OI
1BTC-0.0024%0.0087%-0.0111%$2.28B$3.09B
2ETH0.0045%0.0100%-0.0055%$1.19B$2.97B
3HYPE-0.0126%0.0100%-0.0226%$110.71M$1.89B
4SOL-0.0031%0.0100%-0.0131%$438.70M$687.03M
5ZEC0.0100%0.0127%-0.0027%$160.53M$835.56M
6NEAR0.0100%0.0166%-0.0066%$109.80M$425.97M
7XRP0.0100%0.0100%0.0000%$183.15M$306.25M
8DOGE0.0063%0.0177%-0.0114%$113.86M$124.25M
9PUMP0.0100%0.0489%-0.0389%$2.87M$208.50M
10LIT0.0100%0.0044%0.0056%$1.48M$209.53M
11ENA0.0100%0.0100%0.0000%$37.71M$170.32M
12SUI0.0075%0.0100%-0.0025%$90.21M$102.32M
13UNI0.0100%0.0100%0.0000%$65.15M$112.52M
14LINK0.0044%0.0100%-0.0056%$73.67M$99.95M
15BNB0.0100%0.0100%0.0000%$91.98M$50.13M
16TAO0.0100%0.0115%-0.0015%$38.03M$101.04M
17ONDO0.0100%0.0502%-0.0402%$46.50M$84.91M
18XPL0.0100%0.0304%-0.0204%$1.98M$107.19M
19WLD0.0100%0.0389%-0.0289%$6.02M$96.80M
20ADA0.0004%0.0100%-0.0096%$50.65M$46.01M

Coverage. Gate: Every liquidation on USDT perps (futures.public_liquidates, batched each second); OI and funding polled every 30s. 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 Gate minus Hyperliquid.

Gate vs Hyperliquid FAQ

Which has more open interest, Gate or Hyperliquid?

The open interest cards at the top compare the USD value of open perpetual futures positions on each exchange, summed over every market this site tracks there and valued at the mark price. They update with every page load.

Is funding higher on Gate or Hyperliquid?

The average funding figures cover only the coins both exchanges list, as 8-hour equivalents, so venues with 1-hour and 8-hour funding compare directly. The table shows each coin's rate on both and the spread; a wide spread is what a funding arbitrage trade collects.

How many coins do Gate and Hyperliquid both list?

The shared coins count is the number of coins with a perpetual future on both exchanges right now. Stablecoin pairs and Hyperliquid HIP-3 markets are left out.

Where does the data come from?

Each exchange's public market-data API, read live by this site. Nothing here comes from paid data vendors.