CHIP perpetual on Hyperliquid — funding rate, open interest and liquidation levels
Snapshot , refreshed hourly · Hyperliquid · rank #17 of 178 by 24h volume
What the numbers say
CHIP perpetuals trade at $0.05366 on Hyperliquid, up +20.14% over the last 24 hours. The market turned over $11.45M of notional in that window, which ranks it #17 of the 178 markets on the Hyperliquid perp order book. Maximum leverage is 3x.
Open interest stands at $16.66M against $11.45M of 24-hour volume, an open-interest-to-volume ratio of 1.45. Open interest and daily turnover are roughly in balance, the profile of a market where most positions are opened and closed inside the same session.
Funding prints +0.00125% per hour (+0.030% per day, +11.0% annualised), so longs pay shorts. That is a normal trend-following carry — noticeable over days, not decisive intraday. The 48-hour mean is +0.00131% per hour, so the current print is in line with the recent average.
Applying the Buildix leverage distribution to $16.66M of open interest puts the tightest liquidation band at $0.05294 for longs and $0.05438 for shorts, 1.3% either side of the mark. A 5% drop from here would take an estimated $1.67M of long exposure into liquidation range; a 5% rally would do the same to about $1.67M of shorts. These are modelled clusters from open interest, not per-wallet liquidation prices — the live deep view fuses them with the real on-chain whale levels.
Cost of carry on a $10,000 CHIP position
At +0.00125% per hour, holding $10,000 of notional costs a long the amounts below, assuming funding stays where it is. Hyperliquid settles every hour, so the rate can move before the position does.
| Holding period | Funding paid | % of notional |
|---|---|---|
| 1 hour | $0.13 | 0.0013% |
| 8 hours | $1.00 | 0.0100% |
| 24 hours | $3.00 | 0.0300% |
| 7 days | $21.00 | 0.2100% |
Estimated liquidation clusters
Hyperliquid does not publish per-wallet liquidation prices, so these bands come from the Buildix leverage model: $16.66M of open interest spread over the leverage distribution the platform uses everywhere else, split evenly between longs and shorts. Read them as where forced flow becomes likely, not as a promise that it happens.
| Leverage | Long liq. | Short liq. | Distance | Size / side |
|---|---|---|---|---|
| 75x | $0.05294 | $0.05438 | 1.3% | $416.5K |
| 37.5x | $0.05223 | $0.05509 | 2.7% | $1.25M |
| 17.5x | $0.05059 | $0.05673 | 5.7% | $2.50M |
| 7.5x | $0.04651 | $0.06081 | 13.3% | $4.17M |
Cascade estimate: a 5% move down puts about $1.67M of long exposure in range, a 5% move up about $1.67M of shorts.
The deep view streams CVD, order book imbalance, VPIN, the footprint chart and the on-chain liquidation heatmap for CHIP in real time. This page stays public; the terminal is where an account starts.
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FAQ
What is the current CHIP funding rate on Hyperliquid?
CHIP funding is +0.00125% per hour, which works out to +0.030% per day and +11.0% annualised. Longs pay shorts at that rate. Hyperliquid settles funding every hour, so the figure updates hourly.
How much open interest does CHIP have?
Open interest on CHIP is $16.66M, against $11.45M of notional traded in the last 24 hours — an open-interest-to-volume ratio of 1.45.
Where are the CHIP liquidation levels?
The tightest modelled cluster sits at $0.05294 for longs and $0.05438 for shorts, about 1.3% from the $0.05366 mark. A 5% move down would put roughly $1.67M of longs in range and a 5% move up roughly $1.67M of shorts. These are estimates derived from open interest and a leverage distribution, not per-wallet data.
Is this CHIP data free?
Yes. This page is public and needs no account, and Buildix runs a free screener to start across 170+ Hyperliquid pairs. The live CHIP deep view — orderflow, CVD, VPIN, footprint and the on-chain liquidation heatmap — is the part that asks you to sign in.
Price, funding, open interest and 24-hour volume are read from Hyperliquid's own metaAndAssetCtxs feed, cached by Buildix and refreshed on this page every hour. Liquidation bands are modelled from open interest, not observed positions. Nothing here is financial advice.