IGV on Paragon — funding rate, open interest and liquidation levels
Snapshot , refreshed hourly · Paragon · rank #23 of 25 by 24h volume
What the numbers say
IGV perpetuals trade at $101.255 on Paragon, a HIP-3 builder dex on Hyperliquid, down +0.31% over the last 24 hours. The market turned over $7.1K of notional in that window, which ranks it #23 of the 25 markets listed on Paragon. Maximum leverage is 10x.
Open interest stands at $9.7K against $7.1K of 24-hour volume, an open-interest-to-volume ratio of 1.37. 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 +0.00075% per hour (+0.018% per day, +6.6% annualised), so longs pay shorts. The carry is close to neutral, so holding the perp costs roughly the same as holding spot.
Applying the Buildix leverage distribution to $9.7K of open interest puts the tightest liquidation band at $99.905 for longs and $102.605 for shorts, 1.3% either side of the mark. A 5% drop from here would take an estimated $968 of long exposure into liquidation range; a 5% rally would do the same to about $968 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 IGV position
At +0.00075% 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 | $0.07 | 0.0008% |
| 8 hours | $0.60 | 0.0060% |
| 24 hours | $1.80 | 0.0180% |
| 7 days | $12.60 | 0.1260% |
Estimated liquidation clusters
Hyperliquid does not publish per-wallet liquidation prices, so these bands come from the Buildix leverage model: $9.7K 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.
| Leverage | Long liq. | Short liq. | Distance | Size / side |
|---|---|---|---|---|
| 75x | $99.905 | $102.605 | 1.3% | $242 |
| 37.5x | $98.555 | $103.955 | 2.7% | $726 |
| 17.5x | $95.469 | $107.041 | 5.7% | $1.5K |
| 7.5x | $87.754 | $114.756 | 13.3% | $2.4K |
Cascade estimate: a 5% move down puts about $968 of long exposure in range, a 5% move up about $968 of shorts.
The deep view streams CVD, order book imbalance, VPIN, the footprint chart and the on-chain liquidation heatmap for IGV in real time. This page stays public; the terminal is where an account starts.
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FAQ
What is the current IGV funding rate on Paragon?
IGV funding is +0.00075% per hour, which works out to +0.018% per day and +6.6% annualised. Longs pay shorts at that rate. Hyperliquid settles funding every hour, so the figure updates hourly.
How much open interest does IGV have?
Open interest on IGV is $9.7K, against $7.1K of notional traded in the last 24 hours — an open-interest-to-volume ratio of 1.37.
Where are the IGV liquidation levels?
The tightest modelled cluster sits at $99.905 for longs and $102.605 for shorts, about 1.3% from the $101.255 mark. A 5% move down would put roughly $968 of longs in range and a 5% move up roughly $968 of shorts. These are estimates derived from open interest and a leverage distribution, not per-wallet data.
Is this IGV 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 IGV 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.