Hyperliquid ZEC perpetual market

Published by Perpex · Celebit Ltd

This page summarizes the public Hyperliquid ZEC perpetual market. Market values are snapshots fetched from the venue API and can change quickly; they are context for research, not an executable quote.

ZEC perpetual

Data fetched:

Mark price
$1,221.75
Oracle price
$1,220.91
Current hourly funding rate
0.0018%
24h notional volume
$423.57M
Open interest (contracts)
494,756

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

Mark / oracle difference: 0.0689%

Current-rate example: $1,000.00 × 0.0018% ≈ $0.0183 per hour.

Positive: longs pay; negative: longs receive. The example uses oracle-valued notional and excludes fees and price changes. The rate may change before settlement; this is not a forecast.

Hyperliquid funding rates: what traders should check

Mark price, oracle and execution price

The mark and oracle are distinct reference values used by venue risk and funding systems. Neither guarantees the price a market or limit order will receive. Review the live order book, size, leverage and available collateral before trading.

Funding and market activity

Funding is a periodic transfer between long and short perpetual positions. Its rate can change before the next interval, and a displayed value is not a forecast. Twenty-four-hour notional volume and open interest describe different aspects of activity and do not guarantee liquidity at a chosen order size.

Use the snapshot with current risk checks

The market panel shows when Perpex fetched each public value. Check Hyperliquid directly before placing an order. Perpex is an interface to Hyperliquid, not a separate exchange; leverage can magnify losses and liquidation risk.

Frequently asked questions

Is the displayed mark price an execution quote?

No. It is a public reference value. Execution depends on available liquidity, order type, size and market conditions when the order reaches the venue.

Does current funding predict future returns?

No. Funding can change and price moves, trading costs and liquidation risk may outweigh a funding receipt.