OP on Hyperliquid
OP trades at $0.10654 on Hyperliquid, down 3.07% over 24 hours, with a maximum leverage of 5x, $809.2K of 24-hour volume, and $4.12M in open positions. Funding is -0.00144% per hour, so shorts are paying longs.
Maximum leverage on this market is 5x, which puts the maintenance margin at 10.00% of notional. Live figures read from the exchange's public API at 8 Sept 2026, 18:17 UTC.
- Mark price $0.10654
- 24h change -3.07%
- 24h volume $809.2K
- Open interest $4.12M
- Funding / 1h -0.00144%
- Max leverage 5x
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 | $-3.45 |
| 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 | 5x |
|---|---|
| Maintenance margin | 10.00% |
| Initial margin at max leverage | 20.00% |
| Margin mode | Cross or isolated |
| Size decimals | 1 |
| Oracle price | $0.10665 |
Maximum leverage can step down above published position-size thresholds. See the margin tiers, and how liquidation is calculated.
Questions about OP
- What is the maximum leverage on OP on Hyperliquid?
- 5x. That sets the maintenance margin at 10.00% of notional, so a move of roughly that size against a fully extended position triggers liquidation.
- What is the funding rate on OP?
- -0.00144% per hour at the last refresh, which is -0.0345% per day if it held. Shorts are paying longs.
- How much does it cost to trade OP?
- 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.