Crypto perp · up to 150x · 37 venues

Hyperliquid (HYPE) perpetual futures

At 02:59 UTC on November 12, 2026, the Hyperliquid (HYPE) perp traded at $72.16 (+0.48% over 24 hours), with $2.0B in open interest across 37 venues, led by Hyperliquid with 38%. Maximum leverage is 150x, on gTrade; open-interest-weighted funding is 9.3% annualized.

Get Real-Time HYPE Trade Alerts

Big position builds, funding swings and 10% days, by email. Unsubscribe in one click.

As of
  • Veranta, 170 markets
  • Hyperliquid, 179 markets
  • Lighter, 209 markets
  • Aster, 578 markets
  • dYdX, 57 markets
  • GMX, 143 markets
  • Paradex, 66 markets
  • Extended, 340 markets
  • Vest Classic, 88 markets
  • Vest Markets, 64 markets
  • Orderly, 142 markets
  • Nado, 74 markets
  • Kraken Futures, 209 markets
  • Variational, 588 markets
  • Pacifica, 78 markets
  • edgeX, 157 markets
  • GRVT, 184 markets
  • ApeX Omni, 87 markets
  • Aevo, unavailable
  • gTrade, 178 markets
  • Ostium, 83 markets
  • Hibachi, 15 markets
  • Bluefin, 8 markets
  • OKX, 543 markets
  • Bitget, 930 markets
  • Gate, 1077 markets
  • MEXC, 1204 markets
  • HTX, 410 markets
  • KuCoin, 721 markets
  • Deribit, 144 markets
  • Bitfinex, 76 markets
  • Phemex, 147 markets
  • WOO X, 221 markets
  • Binance, 758 markets
  • BingX, 610 markets
  • WhiteBIT, 395 markets
  • Crypto.com, 414 markets
  • Kalshi, 86 markets

HYPE at your leverage

Leverage

$1,000 at 10x: a $10,000 position, $100 per 1% move

Liquidation price
$65.18
−9.7% from $72.16 on Ostium
Position
$10,000
+$100 for each 1% move
Today at 10x
+$48.26
+4.8% of margin from the 24-hour change
Hold a day
$0.00
Funding and borrow at today's rate
HYPE at 10x long by venue
VenueOffers 10xLiquidationRoomHold a day
OstiumYes$65.18−9.7%$0.00
MEXCYes$65.27−9.5%−$3.00
BitfinexYes$65.27−9.5%$0.00
BitgetYes$65.38−9.4%−$1.26
GateYes$65.38−9.4%−$3.00
HTXYes$65.38−9.4%−$3.00
KuCoinYes$65.38−9.4%−$1.38
GMXYes$65.60−9.1%−$10.88
ExtendedYes$65.60−9.1%−$3.12
Kraken FuturesYes$65.60−9.1%−$5.38
ApeX OmniYes$65.60−9.1%+$4.75
OKXYes$65.60−9.1%−$0.32
DeribitYes$65.60−9.1%−$1.77
PhemexYes$65.60−9.1%+$6.98
WhiteBITYes$65.60−9.1%−$3.00
Crypto.comYes$65.60−9.1%+$1.50
gTradeYes$65.66−9.0%−$9.10
VerantaYes$66.03−8.5%−$6.99
edgeXYes$66.04−8.5%−$2.54
BluefinYes$66.44−7.9%−$19.48
ParadexYes$66.61−7.7%−$2.96
OrderlyYes$66.61−7.7%−$0.87
PacificaYes$66.61−7.7%−$3.00
WOO XYes$66.61−7.7%−$3.00
LighterYes$66.95−7.2%−$2.88
HyperliquidYes$68.36−5.3%−$3.00
NadoYes$68.36−5.3%−$3.00

Below 10x:dYdX Vest Classic Vest Markets Kalshi Aster cap not publishedVariational cap not publishedGRVT cap not publishedHibachi cap not publishedBinance cap not publishedBingX cap not published

HYPE perpetual market

Funding spread 96.6% · long Phemex, short Bluefin · Price dispersion 25.1 bps

Shorts pay Longs pay (blue tint: negative funding, red tint: positive funding, stronger at larger rates)
View

Dimmed: 10 venues that cap below your 10x.

HyperliquidHYPE$72.12+0.48%$769.9M+0.2%38%$307.0M0.40x+10.9%10x
Binance · dailyHYPEUSDT––$380.7M–19%$552.6M1.45x––
GateHYPE_USDT$72.19+0.39%$194.0M+1.6%9.6%$36.8M0.19x+10.9%75x
BitgetHYPEUSDT$72.18+0.36%$177.2M-0.5%8.7%$63.4M0.36x+4.6%75x
OKXHYPE-USDT-SWAP$72.19+0.36%$106.6M-0.1%5.2%$138.7M1.30x+1.2%50x
MEXCHYPE_USDT$72.22+0.38%$101.8M-2.6%5.0%$28.2M0.28x+10.9%100x
WhiteBITHYPE_PERP$72.23+0.41%$91.5M+1.1%4.5%$50.9M0.56x+10.9%50x
KuCoinHYPEUSDTM$72.19+0.39%$44.0M+3.4%2.2%$26.7M0.61x+5.0%75x
BingXHYPE-USDT$72.20+0.41%$30.9M-17.8%1.5%$36.4M1.18x+10.9%–
VariationalHYPE$72.07+0.34%$29.3M-4.2%1.4%$29.5M1.01x+10.9%–
LighterHYPE$72.25+0.40%$22.4M+2.3%1.1%$55.2M2.46x+10.5%20x
Kraken FuturesPF_HYPEUSD$72.18+0.35%$14.4M-2.5%0.7%$57.0M3.96x+19.6%50x
ExtendedHYPE-USD$72.11+0.38%$11.5M-1.3%0.6%$7.8M0.68x+11.4%50x
PacificaHYPE$72.23+0.39%$10.5M+3.4%0.5%$16.6M1.59x+10.9%20x
DeribitHYPE_USDC-PERPETUAL$72.19+0.44%$9.7M-1.8%0.5%$9.2M0.94x+6.5%50x
PhemexHYPEUSDT$72.15+0.38%$9.6M-0.2%0.5%$1.4M0.15x-25.5%50x
AsterHYPEUSDT$72.21+0.49%$5.9M-5.9%0.3%$18.3M3.08x+10.9%–
NadoHYPE-PERP$72.19+0.38%$5.9M+11.5%0.3%$29.6M5.04x+10.9%10x
GRVTHYPE_USDT_Perp$72.17+0.34%$5.6M+0.2%0.3%$52.3M9.34x+5.5%–
edgeXHYPEUSDC$72.10+0.33%$2.4M+0.1%0.1%$14.4M6.02x+9.3%30x
KalshiKXHYPEPERP$72.17+0.42%$2.2M+2.3%0.1%$6.0M2.67x0.0%2.3x
ApeX OmniHYPEUSDT$72.10+0.28%$1.3M+0.1%<0.1%$375.1K0.29x-17.4%50x
BitfinextHYPEF0:USTF0$72.23+0.41%$789.3K-0.2%<0.1%$5.5K0.01x0.0%100x
dYdXHYPE-USD$72.17+0.52%$579.4K-1.2%<0.1%$9.1K0.02x0.0%5x
HTXHYPE-USDT$72.20+0.39%$569.2K-2.7%<0.1%$3.3M5.77x+10.9%75x
GMXarb:HYPE/USD [BTC-USDC]$72.12+0.38%$314.0K+74.2%<0.1%$202.1K0.64x+18.6%50x
Vest ClassicHYPE-PERP$72.22+0.38%$302.8K+0.2%<0.1%$940.00x+29.1%5x
HibachiHYPE/USDT-P$72.16+0.41%$180.5K+0.9%<0.1%$17.5K0.10x+28.0%–
gTradeHYPE/USD$72.15+0.37%$174.9K+9.7%<0.1%not published–+29.2%150x
WOO XPERP_HYPE_USDT$72.21+0.41%$170.3K+22.0%<0.1%$101.4M595.23x+10.9%20x
ParadexHYPE-USD-PERP$72.12+0.40%$118.0K+0.2%<0.1%$174.5K1.48x+10.8%20x
VerantaHYPE/USD––$99.8K-80.4%<0.1%not published–+10.5%20x75x Upside
OrderlyPERP_HYPE_USDC$72.14+0.38%$96.9K-13.0%<0.1%$249.8K2.58x+3.2%20x
BluefinHYPE-PERP$72.18+0.39%$96.7K+0.2%<0.1%$77.0K0.80x+71.1%22.22x
Crypto.comHYPEUSD-PERP$72.14+0.48%$16.6K-40.6%<0.1%$51.9K3.12x-5.5%50x
OstiumHYPE/USD$72.12+0.36%$6.3K-66.3%<0.1%not published–0.0%75x
Vest MarketsHYPE-PERP$72.22+0.30%–––$274.2K–+10.9%5x
All venues$72.16+0.48%$2.0B-0.3%100%$1.6B0.81x+9.3%150x
Veranta positioning
Long pays
+25.5%
Short pays
+4.5%
Open interest
$99.8K
Max
20x · 75x Upside
Every Veranta market ›
ScoutJUST THIS STORY

LET’S MAKE THIS USEFUL · 1 OF 5

How would you like me to explain this?

Tell me what you want from this read. Start with a quick note, then adjust the details. Your other stories stay as they are.

We’ll remember your view of this story. The published article stays unchanged.

THIS STORY’S READING VIEWStandard · The whole picture

Clear explanations with context. Both sides of the evidence.