GALA perpetual on Hyperliquid — funding rate, open interest and liquidation levels

Snapshot , refreshed hourly · Hyperliquid · rank #102 of 178 by 24h volume

Mark price
$0.001684
24h change
-10.23%
24h volume
$396.8K
Open interest
$506.7K
Funding / hour
-0.00255%
Funding APR
-22.3%
OI / volume
1.28
Max leverage
3x

What the numbers say

GALA perpetuals trade at $0.001684 on Hyperliquid, down +10.23% over the last 24 hours. The market turned over $396.8K of notional in that window, which ranks it #102 of the 178 markets on the Hyperliquid perp order book. Maximum leverage is 3x.

Open interest stands at $506.7K against $396.8K of 24-hour volume, an open-interest-to-volume ratio of 1.28. 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 -0.00255% per hour (-0.061% per day, -22.3% annualised), so shorts pay longs. That is a normal trend-following carry — noticeable over days, not decisive intraday. The 48-hour mean is +0.00007% per hour, so the current print is below the recent average by 0.00262 points.

Applying the Buildix leverage distribution to $506.7K of open interest puts the tightest liquidation band at $0.001662 for longs and $0.001706 for shorts, 1.3% either side of the mark. A 5% drop from here would take an estimated $50.7K of long exposure into liquidation range; a 5% rally would do the same to about $50.7K 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 GALA position

At -0.00255% per hour, holding $10,000 of notional costs a short the amounts below, assuming funding stays where it is. Hyperliquid settles every hour, so the rate can move before the position does.

Holding periodFunding paid% of notional
1 hour$0.260.0026%
8 hours$2.040.0204%
24 hours$6.120.0612%
7 days$42.840.4284%

Estimated liquidation clusters

Hyperliquid does not publish per-wallet liquidation prices, so these bands come from the Buildix leverage model: $506.7K 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.

LeverageLong liq.Short liq.DistanceSize / side
75x$0.001662$0.0017061.3%$12.7K
37.5x$0.001639$0.0017292.7%$38.0K
17.5x$0.001588$0.001785.7%$76.0K
7.5x$0.001459$0.00190913.3%$126.7K

Cascade estimate: a 5% move down puts about $50.7K of long exposure in range, a 5% move up about $50.7K of shorts.

Want the live GALA orderflow behind these numbers?

The deep view streams CVD, order book imbalance, VPIN, the footprint chart and the on-chain liquidation heatmap for GALA in real time. This page stays public; the terminal is where an account starts.

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FAQ

What is the current GALA funding rate on Hyperliquid?

GALA funding is -0.00255% per hour, which works out to -0.061% per day and -22.3% annualised. Shorts pay longs at that rate. Hyperliquid settles funding every hour, so the figure updates hourly.

How much open interest does GALA have?

Open interest on GALA is $506.7K, against $396.8K of notional traded in the last 24 hours — an open-interest-to-volume ratio of 1.28.

Where are the GALA liquidation levels?

The tightest modelled cluster sits at $0.001662 for longs and $0.001706 for shorts, about 1.3% from the $0.001684 mark. A 5% move down would put roughly $50.7K of longs in range and a 5% move up roughly $50.7K of shorts. These are estimates derived from open interest and a leverage distribution, not per-wallet data.

Is this GALA data free?

Yes. This page is public and needs no account, and Buildix runs a free screener to start across 530+ Hyperliquid pairs. The live GALA 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.