Hyperliquid ETH perpetual market
The ETH perpetual tracks Ether price exposure without requiring spot ETH delivery. Public market fields can help compare the derivative with other venues, but a trade also depends on account mode, collateral, order book and current fees.
ETH perpetual
Data fetched:
- Mark price
- $2,702.1
- Oracle price
- $2,702.9
- Current hourly funding rate
- 0.0013%
- 24h notional volume
- $171.92M
- Open interest (contracts)
- 1,199,640
Indicative public market data, not an executable quote. Values may change before an order is placed. Hyperliquid public API
Price references serve different purposes
ETH mark price is relevant to margin and unrealized PnL, while the oracle is used in funding calculations. A gap between them is information about the market, not a guaranteed arbitrage opportunity. Actual execution uses the order book.
Watch funding during longer positions
Funding is paid hourly on Hyperliquid and can switch direction as the premium changes. For a position held across intervals, its cost or receipt may differ from the rate shown now. Fees and slippage remain separate.
Check sizing and replication risk
ETH position size, leverage and margin mode determine exposure. In copy trading, the follower may receive a different entry, miss a fill or be constrained by collateral and limits. Use the live order preview for current account-specific information.
Frequently asked questions
Does an ETH perpetual have an expiry date?
No scheduled expiry. Funding and margin rules continue to matter while the position is open.
Does this page show a firm quote?
No. It shows public context with a fetch time; check the trading screen before placing an order.