NIL on Hyperliquid
NIL trades at $0.06192 on Hyperliquid, with a maximum leverage of 3x. It is down 0.13% over 24 hours. Volume over 24 hours is $329.85K, with $2.3M held in open positions. Funding is -0.00157% 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.
- Mark price $0.06192
- 24h change -0.13%
- 24h volume $329.85K
- Open interest $2.3M
- Funding / 1h -0.00157%
- Max leverage 3x
What it costs to hold this position
| 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 | $-3.77 |
| 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 leverage | 3x |
|---|---|
| Maintenance margin | 16.67% |
| Initial margin at max leverage | 33.33% |
| Margin mode | Cross or isolated |
| Size decimals | 0 |
| Oracle price | $0.06205 |
Maximum leverage can step down above published position-size thresholds. See the margin tiers, how liquidation is calculated.
Questions about NIL
- What is the maximum leverage on NIL 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 NIL?
- -0.00157% per hour at the last refresh, which is -0.0377% per day if it held. Shorts are paying longs.
- How much does it cost to trade NIL?
- 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.