GBP perp markets on Hyperliquid
FX · by open interest| Dex | Mark | Oracle | Basis | 24h | Funding /h | APR | OI | OI cap | Cap use | 24h vol | Max lev. | Trade |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| trade.xyz xyz:GBPgrowth | 1.323 | 1.324 | -8.3 bps | -0.26% | -0.00070% | -6.2% | $739K | $25.00M | 3% | $54K | 50× | Trade |
Funding is Hyperliquid's hourly rate (APR = hourly × 24 × 365). Basis is the mark against the deployer's oracle. Trade links go to the exchange and may be referral links.
GBP perps elsewhere
same ticker on other venues| Market | Price | Funding /h | APR | OI | 24h vol | Trade |
|---|---|---|---|---|---|---|
| MEXC GBP_USDT | 1.324 | 0.00285% | 25.0% | $25.97M | $86K | Trade |
GBP volume spikes
GBP across exchanges →No GBP volume spikes recorded since the server started. Spikes on every Hyperliquid market show on the Hyperliquid pump scanner.
GBP perp FAQ
What is the GBP funding rate on Hyperliquid?
-0.00070% per hour on trade.xyz right now (-6.2% APR), so shorts pay longs. Hyperliquid settles funding every hour, so multiply by 8 to compare with an 8-hour rate on Binance or Bybit (-0.0056% per 8h).
How closely does the GBP perp track the underlying?
The trade.xyz mark is 1.323 against an oracle of 1.324, a basis of -8.3 bps. Hyperliquid Guide measured 30-day tracking error (the standard deviation of the basis) across 101 HIP-3 markets: from 2.0 bps (SP500) to 43.3 bps (BIRD), with a median of 7.6 bps (source).
What is the GBP open interest cap?
trade.xyz caps xyz:GBP open interest at $25.00M; $739K is in use right now (3%). When a market reaches its cap, orders that would add open interest are rejected until it falls.