Hyperliquid Academy Independent · Unofficial
Perpetual market

ME on Hyperliquid

ME trades at $0.04781 on Hyperliquid, with a maximum leverage of 3x. It is up 2.20% over 24 hours. Volume over 24 hours is $67.13K, with $126.62K held in open positions. Funding is -0.00236% per hour, so shorts are paying longs.

Maximum leverage on this market is 3x, which puts the maintenance margin at 16.67% of notional. Live figures read from the exchange's public API at 6 Nov 2026, 19:18 UTC.

What it costs to hold this position

Cost of a $10,000 position in ME, at the entry fee tier.
Taker fee to open$4.50
Taker fee with a referral code$4.32
Maker fee to open$1.50
Funding, per day at the current rate $-5.67
Gas per trade$0

Funding is a payment between traders, not a fee. At the current rate, shorts pay longs every hour. How the rate is set.

Margin on this market

Maximum leverage3x
Maintenance margin16.67%
Initial margin at max leverage33.33%
Margin modeCross or isolated
Size decimals1
Oracle price$0.04793

Maximum leverage can step down above published position-size thresholds. See the margin tiers, how liquidation is calculated.

Questions about ME

What is the maximum leverage on ME on Hyperliquid?
3x. That sets the maintenance margin at 16.67% of notional, so a move of roughly that size against a fully extended position triggers liquidation.
What is the funding rate on ME?
-0.00236% per hour at the last refresh, which is -0.0567% per day if it held. Shorts are paying longs.
How much does it cost to trade ME?
A taker order at the entry fee tier costs 0.045% of notional, or 0.0432% with a referral code applied. There is no gas on the trade itself.

All 179 markets