Hyperliquid BTC perpetual market

The BTC perpetual gives exposure to Bitcoin price movements through a derivative position rather than a spot BTC holding. This page shows selected public Hyperliquid market fields and the time they were fetched; account-specific margin and execution conditions belong in the live trading screen.

BTC perpetual

Data fetched:

Mark price
$85,354
Oracle price
$85,382
Current hourly funding rate
0.0013%
24h notional volume
$598.86M
Open interest (contracts)
37,767

Indicative public market data, not an executable quote. Values may change before an order is placed. Hyperliquid public API

Read the mark and oracle together

The mark supports margin and unrealized PnL calculations; the oracle contributes to funding. Neither is a promise of execution at that price. Check the live bid/ask and order size before entering, especially when volatility widens the spread.

Funding can alter a holding period

The displayed hourly rate is one observation. The eventual payment depends on your position at the interval and the rate then in force. Compare it with trading fees and any builder fee rather than treating a favorable funding sign as profit.

Control exposure before copying or trading

Leverage can magnify gains and losses. A copied trader may enter BTC at a different price or size, and available collateral or risk limits can prevent replication. Review the position and fee details in Perpex before approval.

Frequently asked questions

Is this BTC spot?

No. This is a BTC perpetual contract, which has funding and margin risk; it does not deliver spot BTC.

Can I trade at the displayed mark?

The mark is a reference price. Actual fills depend on order type and available liquidity.