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OP Funding Rate and Open Interest on Hyperliquid

Live Hyperliquid OP markets from Hyperliquid's public API: perp and spot price and 24h volume, open interest, funding with its interval and APR. The charts show Hyperliquid only; the table below compares OP on every exchange tracked here.

Hyperliquid has $3.71M of OP perpetual open interest, 5.6% of the $66.03M across the 8 exchanges listing OP perps here (#5). OP funding on Hyperliquid is 0.0100% per 8 hours (≈11% APR), settled every 1 hour at 0.0013% per payment, above the OI-weighted average of 0.0071% across exchanges. Hyperliquid OP open interest changed +0.98% over the last 4h.

#5 of 8 by OP OI1 perpAs of 21:13 UTC

Perp priceOP
0.1464
vol $867K
Open interest#5 of 8
$3.71M
5.6% of OP OI+0.98% 4h
Funding8h
0.0100%
≈11% APRpaid every 1 hour · 0.0013%

OP markets on Hyperliquid

1 perp
Market Price Vol 24h Open interest OI 24h Funding / 8h APR Interval Trade
OP perp0.1464$867K$3.71M—0.0100%≈11% APR1 hour · 0.0013%Trade ↗

OP funding on Hyperliquid

8h equivalent, this exchange only

Chart: TradingView Lightweight Charts™

OP open interest on Hyperliquid

USD, this exchange only

Chart: TradingView Lightweight Charts™

OP on every exchange

OP funding, all exchanges →
# Exchange Open interest Share Funding / 8h APR Perp vol 24h
1Binance$20.75M31.4%0.0065%≈7% APR$31.63M
2MEXC$19.56M29.6%0.0063%≈7% APR$3.91M
3Bybit$11.34M17.2%0.0100%≈11% APR$11.74M
4Bitget$6.53M9.9%0.0100%≈11% APR$2.53M
5Hyperliquid$3.71M5.6%0.0100%≈11% APR$867K
6KuCoin$2.94M4.4%0.0100%≈11% APR$7.04M
7Gate$995K1.5%-0.0342%≈-37% APR$825K
8HTX$190K0.3%0.0100%≈11% APR$131K

How it's counted. Open interest is the USD value of open OP perpetual positions (one side) at the mark price. Funding is shown as the 8-hour equivalent so exchanges with 1-, 4- and 8-hour settlements compare directly; the interval column gives the rate actually paid each settlement. HIP-3 markets that share the ticker are left out. Coverage: No liquidations: Hyperliquid has no public all-market liquidation stream.

OP on Hyperliquid FAQ

What is the OP funding rate on Hyperliquid?

The rate at the top of this page is Hyperliquid's live OP perpetual funding rate, shown per 8 hours (0.0100%) so it compares directly with other exchanges, and per payment (0.0013% every 1 hour). Positive means longs pay shorts. The chart below shows its history on Hyperliquid only.

How often does Hyperliquid pay OP funding?

Hyperliquid settles OP funding every 1 hour; the 8-hour figures on this page are scaled to that interval for comparison.

How much OP open interest is on Hyperliquid?

$3.71M open OP perpetual positions on Hyperliquid, valued at the current mark price and counted on one side. The comparison table shows every other exchange's share.

Where does the data come from?

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