Gate vs Hyperliquid head to head
| Metric | Gate | Hyperliquid |
|---|---|---|
| Open interest | $5.50B | $17.08B |
| Share of all exchanges tracked | 6.5% | 20.2% |
| Perp volume, 24h | $6.67B | $4.30B |
| Perpetual markets | 579 | 327 |
| OI on the 173 shared coins | $5.37B | $13.08B |
| Avg funding on shared coins / 8h | -0.0039% | 0.0070% |
| Higher funding on | 116 coins | 57 coins |
| OI-weighted funding, all perps / 8h | 0.0013% | -0.0134% |
| Liquidations, 24h | $1.88M | — |
Liquidations are compared only when both exchanges publish a liquidation feed this site reads.
Funding and open interest on shared coins
top 20 of 173 by combined OI| # | Coin | Gate funding | Hyperliquid funding | Spread / 8h | Gate OI | Hyperliquid OI |
|---|---|---|---|---|---|---|
| 1 | BTC | -0.0029% | 0.0060% | -0.0089% | $2.29B | $3.14B |
| 2 | ETH | 0.0033% | 0.0100% | -0.0067% | $1.19B | $2.95B |
| 3 | HYPE | -0.0128% | 0.0093% | -0.0221% | $109.69M | $1.88B |
| 4 | SOL | -0.0034% | 0.0100% | -0.0134% | $440.97M | $686.42M |
| 5 | ZEC | 0.0100% | 0.0100% | 0.0000% | $159.05M | $836.04M |
| 6 | NEAR | 0.0100% | 0.0100% | 0.0000% | $108.36M | $424.20M |
| 7 | XRP | 0.0100% | 0.0100% | 0.0000% | $182.81M | $305.49M |
| 8 | DOGE | 0.0097% | 0.0328% | -0.0231% | $113.80M | $125.82M |
| 9 | LIT | 0.0100% | 0.0100% | 0.0000% | $1.49M | $209.99M |
| 10 | PUMP | 0.0100% | 0.0100% | 0.0000% | $2.85M | $205.07M |
| 11 | ENA | 0.0100% | 0.0100% | 0.0000% | $37.73M | $168.78M |
| 12 | SUI | 0.0088% | 0.0100% | -0.0012% | $89.64M | $102.84M |
| 13 | UNI | 0.0100% | 0.0100% | 0.0000% | $65.42M | $112.26M |
| 14 | LINK | 0.0062% | 0.0100% | -0.0038% | $73.49M | $100.21M |
| 15 | TAO | 0.0100% | 0.0100% | 0.0000% | $38.35M | $104.70M |
| 16 | BNB | 0.0100% | 0.0100% | 0.0000% | $91.10M | $50.17M |
| 17 | ONDO | 0.0100% | 0.0442% | -0.0342% | $46.03M | $85.26M |
| 18 | XPL | 0.0100% | 0.0100% | 0.0000% | $1.95M | $106.41M |
| 19 | WLD | 0.0100% | 0.0241% | -0.0141% | $6.00M | $97.13M |
| 20 | ADA | 0.0034% | 0.0100% | -0.0066% | $50.56M | $45.83M |
Coverage. Gate: Every liquidation on USDT perps (futures.public_liquidates, batched each second); OI and funding polled every 30s. 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 Gate minus Hyperliquid.