NBIS on EntropyIO — funding rate, open interest and liquidation levels

Snapshot , refreshed hourly · EntropyIO · rank #3 of 8 by 24h volume

Mark price
$240.190
24h change
+0.58%
24h volume
$1.18M
Open interest
$9.29M
Funding / hour
+0.00069%
Funding APR
+6.1%
OI / volume
7.86
Max leverage
15x

What the numbers say

NBIS perpetuals trade at $240.190 on EntropyIO, a HIP-3 builder dex on Hyperliquid, up +0.58% over the last 24 hours. The market turned over $1.18M of notional in that window, which ranks it #3 of the 8 markets listed on EntropyIO. Maximum leverage is 15x.

Open interest stands at $9.29M against $1.18M of 24-hour volume, an open-interest-to-volume ratio of 7.86. 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 +0.00069% per hour (+0.017% per day, +6.1% 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 $9.29M of open interest puts the tightest liquidation band at $236.987 for longs and $243.393 for shorts, 1.3% either side of the mark. A 5% drop from here would take an estimated $929.4K of long exposure into liquidation range; a 5% rally would do the same to about $929.4K 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 NBIS position

At +0.00069% 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$0.070.0007%
8 hours$0.550.0055%
24 hours$1.660.0166%
7 days$11.620.1162%

Estimated liquidation clusters

Hyperliquid does not publish per-wallet liquidation prices, so these bands come from the Buildix leverage model: $9.29M 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$236.987$243.3931.3%$232.3K
37.5x$233.785$246.5952.7%$697.0K
17.5x$226.465$253.9155.7%$1.39M
7.5x$208.165$272.21513.3%$2.32M

Cascade estimate: a 5% move down puts about $929.4K of long exposure in range, a 5% move up about $929.4K of shorts.

Want the live NBIS orderflow behind these numbers?

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

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FAQ

What is the current NBIS funding rate on EntropyIO?

NBIS funding is +0.00069% per hour, which works out to +0.017% per day and +6.1% annualised. Longs pay shorts at that rate. Hyperliquid settles funding every hour, so the figure updates hourly.

How much open interest does NBIS have?

Open interest on NBIS is $9.29M, against $1.18M of notional traded in the last 24 hours — an open-interest-to-volume ratio of 7.86.

Where are the NBIS liquidation levels?

The tightest modelled cluster sits at $236.987 for longs and $243.393 for shorts, about 1.3% from the $240.190 mark. A 5% move down would put roughly $929.4K of longs in range and a 5% move up roughly $929.4K of shorts. These are estimates derived from open interest and a leverage distribution, not per-wallet data.

Is this NBIS data free?

Yes. This page is public and needs no account, and Buildix runs a free screener to start across 230+ Hyperliquid pairs. The live NBIS 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.