10Y perp markets on Hyperliquid
Rates · by open interest| Dex | Mark | Oracle | Basis | 24h | Funding /h | APR | OI | OI cap | Cap use | 24h vol | Max lev. | Trade |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Paragon para:10Ygrowth | 5.168 | 5.168 | +0.0 bps | -0.04% | 0.00013% | 1.1% | $1.32M | $25.00M | 5% | $11K | 20× | Trade |
Funding is Hyperliquid's hourly rate (APR = hourly × 24 × 365). Basis is the mark against the deployer's oracle. Trade links go to the exchange and may be referral links.
10Y volume spikes
10Y across exchanges →No 10Y volume spikes recorded since the server started. Spikes on every Hyperliquid market show on the Hyperliquid pump scanner.
10Y perp FAQ
What is the 10Y funding rate on Hyperliquid?
0.00013% per hour on Paragon right now (1.1% APR), so longs pay shorts. Hyperliquid settles funding every hour, so multiply by 8 to compare with an 8-hour rate on Binance or Bybit (0.0010% per 8h).
How closely does the 10Y perp track the underlying?
The Paragon mark is 5.168 against an oracle of 5.168, a basis of +0.0 bps. Hyperliquid Guide measured 30-day tracking error (the standard deviation of the basis) across 101 HIP-3 markets: from 2.0 bps (SP500) to 43.3 bps (BIRD), with a median of 7.6 bps (source).
What is the 10Y open interest cap?
Paragon caps para:10Y open interest at $25.00M; $1.32M is in use right now (5%). When a market reaches its cap, orders that would add open interest are rejected until it falls.