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

Snapshot , refreshed hourly · Trade.XYZ · rank #26 of 116 by 24h volume

Mark price
$160.330
24h change
+1.59%
24h volume
$3.03M
Open interest
$42.46M
Funding / hour
+0.01714%
Funding APR
+150.1%
OI / volume
14.01
Max leverage
10x

What the numbers say

NBIS perpetuals trade at $160.330 on Trade.XYZ, a HIP-3 builder dex on Hyperliquid, up +1.59% over the last 24 hours. The market turned over $3.03M of notional in that window, which ranks it #26 of the 116 markets listed on Trade.XYZ. Maximum leverage is 10x.

Open interest stands at $42.46M against $3.03M of 24-hour volume, an open-interest-to-volume ratio of 14.01. 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 +0.01714% per hour (+0.411% per day, +150.1% annualised), so longs pay shorts. An annualised +150.1% is an expensive carry: it is the level at which the funding leg alone, not the direction, decides whether a held position makes money.

Applying the Buildix leverage distribution to $42.46M of open interest puts the tightest liquidation band at $158.192 for longs and $162.468 for shorts, 1.3% either side of the mark. A 5% drop from here would take an estimated $4.25M of long exposure into liquidation range; a 5% rally would do the same to about $4.25M 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 +0.01714% 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$1.710.0171%
8 hours$13.710.1371%
24 hours$41.140.4114%
7 days$287.952.8795%

Estimated liquidation clusters

Hyperliquid does not publish per-wallet liquidation prices, so these bands come from the Buildix leverage model: $42.46M 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$158.192$162.4681.3%$1.06M
37.5x$156.055$164.6052.7%$3.18M
17.5x$151.168$169.4925.7%$6.37M
7.5x$138.953$181.70713.3%$10.61M

Cascade estimate: a 5% move down puts about $4.25M of long exposure in range, a 5% move up about $4.25M 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 Trade.XYZ?

NBIS funding is +0.01714% per hour, which works out to +0.411% per day and +150.1% 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 $42.46M, against $3.03M of notional traded in the last 24 hours — an open-interest-to-volume ratio of 14.01.

Where are the NBIS liquidation levels?

The tightest modelled cluster sits at $158.192 for longs and $162.468 for shorts, about 1.3% from the $160.330 mark. A 5% move down would put roughly $4.25M of longs in range and a 5% move up roughly $4.25M 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 170+ 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.