Binance vs Hyperliquid head to head
| Metric | Binance | Hyperliquid |
|---|---|---|
| Open interest | $28.62B | $17.04B |
| Share of all exchanges tracked | 33.8% | 20.2% |
| Perp volume, 24h | $32.44B | $4.55B |
| Perpetual markets | 564 | 327 |
| OI on the 174 shared coins | $21.82B | $13.01B |
| Avg funding on shared coins / 8h | -0.0013% | 0.0013% |
| Higher funding on | 9 coins | 49 coins |
| OI-weighted funding, all perps / 8h | 0.0035% | 0.0035% |
| Liquidations, 24h | $43.40M | — |
Liquidations are compared only when both exchanges publish a liquidation feed this site reads.
Funding and open interest on shared coins
top 20 of 174 by combined OI| # | Coin | Binance funding | Hyperliquid funding | Spread / 8h | Binance OI | Hyperliquid OI |
|---|---|---|---|---|---|---|
| 1 | BTC | 0.0032% | 0.0047% | -0.0015% | $7.96B | $3.08B |
| 2 | ETH | 0.0035% | 0.0100% | -0.0065% | $6.13B | $2.96B |
| 3 | HYPE | -0.0067% | 0.0100% | -0.0167% | $390.93M | $1.89B |
| 4 | SOL | -0.0025% | 0.0100% | -0.0125% | $1.02B | $686.39M |
| 5 | ZEC | 0.0100% | 0.0100% | 0.0000% | $695.77M | $833.49M |
| 6 | XRP | 0.0034% | 0.0100% | -0.0066% | $495.48M | $305.78M |
| 7 | NEAR | 0.0100% | 0.0138% | -0.0038% | $284.56M | $423.19M |
| 8 | BNB | 0.0000% | 0.0100% | -0.0100% | $451.40M | $50.14M |
| 9 | DOGE | 0.0050% | 0.0137% | -0.0087% | $291.37M | $124.01M |
| 10 | UNI | 0.0100% | 0.0100% | 0.0000% | $267.36M | $112.04M |
| 11 | ENA | 0.0100% | 0.0100% | 0.0000% | $153.66M | $167.57M |
| 12 | PUMP | 0.0100% | 0.0199% | -0.0099% | $95.69M | $207.85M |
| 13 | LIT | 0.0100% | 0.0100% | 0.0000% | $76.19M | $209.24M |
| 14 | SUI | 0.0026% | 0.0100% | -0.0074% | $171.86M | $102.38M |
| 15 | LINK | 0.0032% | 0.0100% | -0.0068% | $135.36M | $99.87M |
| 16 | WLD | 0.0100% | 0.0345% | -0.0245% | $128.76M | $96.65M |
| 17 | TAO | 0.0100% | 0.0100% | 0.0000% | $98.53M | $100.87M |
| 18 | ONDO | 0.0100% | 0.0394% | -0.0294% | $100.63M | $84.81M |
| 19 | LTC | 0.0091% | 0.0100% | -0.0009% | $117.59M | $55.51M |
| 20 | XPL | 0.0100% | 0.0274% | -0.0174% | $56.36M | $106.95M |
Coverage. Binance: Liquidations sampled: Binance publishes at most one per symbol per second. Hyperliquid: No liquidations: Hyperliquid has no public all-market liquidation stream.
How it's counted. Open interest is the USD value of open perpetual positions (one side) at the mark price, summed over the markets this site tracks; stablecoin pairs are left out. Shared coins are coins with a perpetual on both exchanges (Hyperliquid HIP-3 markets excluded); where an exchange lists several perps for a coin, the one with the most open interest is used. Funding is the 8-hour equivalent; the spread is Binance minus Hyperliquid.