HYPE / USD
PERPETUAL · HYPERLIQUIDThe visible book
Waiting for the first reading.
Reading the public order book…
Share of returned USD depth. Resting orders can change; this is not a directional signal.
| Price / USD | Size | Cumulative |
|---|---|---|
| Waiting for data | ||
| Price / USD | Size | Cumulative |
|---|---|---|
| Waiting for data | ||
Up to 20 levels per side. The table shows the nearest eight; the calculation uses every returned level. The visible book may not cover the entire 50 bps range.
The shape behind the number.
Reading visible liquidity concentration.
Price, with context
1-hour candles · recent public observations
Reading price history…
Waiting for the mark and oracle readings.
Mark is a perpetual-market reference. Oracle is the external reference used by the protocol. Their difference gives context, not a guaranteed arbitrage.
Past prices are observations, not a forecast. The latest candle may still be forming. Mark and oracle prices are context; the execution estimate walks the visible order book.
The cost of holding context
Current hourly funding indication
Waiting for the current funding indication.
What if the rate stayed here?
Constant rate and constant reference notional. Actual settlement uses position size × oracle price; future rates and prices can differ.
A rate can change.
The size calculation multiplies your USD notional by the current hourly funding rate. It is a one-hour illustration, not a payment quote or a forecast. Actual payments depend on the position and the funding rate at settlement.
Funding is separate from execution.
It does not appear in the estimated book impact. Trading fees, future book changes and liquidation risk are also outside the execution estimate.
Read the funding methodOne book. Six sizes.
Same snapshot, same side. See where visible coverage ends.
A tighter spread is only the beginning.
Increase the reference notional and see how many returned levels a hypothetical order consumes. Select a row to measure that size in the order panel.
Partial rows show impact for the filled portion only. No assumptions are made about liquidity beyond the returned book.
- 01 / Same reference
- Every size is converted to base units at this snapshot midpoint.
- 02 / Price order
- Buys consume asks; sells consume bids. The selected side applies to every row.
- 03 / Visible limit
- The measurement stops at the final returned level. Uncovered quantity stays unfilled.
Four markets. One frame.
Hyperliquid perpetuals · separate timestamped snapshots
Look beyond the last price.
Compare activity, funding and returned liquidity before opening an individual book. Select a market to load its depth and order measurement.
| Market / mark | 24H change | 24H volume | Funding / H | Spread / bps |
|---|
Requesting public market snapshots.
The depth bars use all returned USD liquidity, up to 20 levels per side. Markets cover different price ranges, so total visible depth is not a standardized liquidity score.
A practical reading workflowYour measurement notebook
Saved in this browser. No account or wallet.
From size to average fill.
Follow a worked example, one price level at a time.
Funding has its own clock.
Separate the cost of holding from the cost of entering.
Know where the snapshot stops.
Read partial fills, stale data and the visible price range.
Contacting Hyperliquid…