COIN on Trade.XYZ — funding rate, open interest and liquidation levels

Snapshot , refreshed hourly · Trade.XYZ · rank #46 of 104 by 24h volume

Mark price
$173.020
24h change
-1.87%
24h volume
$4.26M
Open interest
$12.97M
Funding / hour
+0.00063%
Funding APR
+5.5%
OI / volume
3.04
Max leverage
10x

What the numbers say

COIN perpetuals trade at $173.020 on Trade.XYZ, a HIP-3 builder dex on Hyperliquid, down +1.87% over the last 24 hours. The market turned over $4.26M of notional in that window, which ranks it #46 of the 104 markets listed on Trade.XYZ. Maximum leverage is 10x.

Open interest stands at $12.97M against $4.26M of 24-hour volume, an open-interest-to-volume ratio of 3.04. Positioning is heavy relative to turnover: open interest that is not being recycled by daily volume has to unwind through the book, which is what turns an ordinary move into a squeeze.

Funding prints +0.00063% per hour (+0.015% per day, +5.5% 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 $12.97M of open interest puts the tightest liquidation band at $170.713 for longs and $175.327 for shorts, 1.3% either side of the mark. A 5% drop from here would take an estimated $1.30M of long exposure into liquidation range; a 5% rally would do the same to about $1.30M 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 COIN position

At +0.00063% 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 periodFunding paid% of notional
1 hour$0.060.0006%
8 hours$0.500.0050%
24 hours$1.500.0150%
7 days$10.500.1050%

Estimated liquidation clusters

Hyperliquid does not publish per-wallet liquidation prices, so these bands come from the Buildix leverage model: $12.97M 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$170.713$175.3271.3%$324.4K
37.5x$168.406$177.6342.7%$973.1K
17.5x$163.133$182.9075.7%$1.95M
7.5x$149.951$196.08913.3%$3.24M

Cascade estimate: a 5% move down puts about $1.30M of long exposure in range, a 5% move up about $1.30M of shorts.

Want the live COIN orderflow behind these numbers?

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

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FAQ

What is the current COIN funding rate on Trade.XYZ?

COIN funding is +0.00063% per hour, which works out to +0.015% per day and +5.5% annualised. Longs pay shorts at that rate. Hyperliquid settles funding every hour, so the figure updates hourly.

How much open interest does COIN have?

Open interest on COIN is $12.97M, against $4.26M of notional traded in the last 24 hours — an open-interest-to-volume ratio of 3.04.

Where are the COIN liquidation levels?

The tightest modelled cluster sits at $170.713 for longs and $175.327 for shorts, about 1.3% from the $173.020 mark. A 5% move down would put roughly $1.30M of longs in range and a 5% move up roughly $1.30M of shorts. These are estimates derived from open interest and a leverage distribution, not per-wallet data.

Is this COIN 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 COIN 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.