Hyperliquid OP perpetual
OP
As of 2026-09-09 13:53 UTC, OP on Hyperliquid has a collected rate of -0.0029% over 1h, or -25.50% simple annualised; its collected settlement interval is 1h, with up to 5x leverage. It currently has the lowest funding rate for a long position in this asset.
Maintenance margin ladder
With deduction · An isolated-margin estimate for linear contracts; excludes closing fees, accrued funding, auto-added margin and other positions.
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – ∞ quote | 10.0000% | 5.00x | — |
Contract specification
Quote currency: USD · Settlement currency: USDC · Settlement interval: 1h. Lot size uses the venue’s original order unit; the calculator takes base-asset quantity.
The same asset elsewhere
| Venue | Contract | Rate period | Annualised |
|---|---|---|---|
| Hyperliquid this page | OP | 1h | -25.50% |
| OKX | OP-USDT-SWAP | 8h | -12.91% |
| Binance | OPUSDT | 8h | -3.40% |
| Bybit | OPUSDT | 8h | +9.59% |
| Lighter | OP | 8h | +10.51% |
| Aster | OPUSDT | 8h | +10.95% |
| Bitget | OPUSDT | 8h | +10.95% |
| Bybit | OPPERP | 8h | +10.95% |
| Gate | OP_USDT | 8h | +10.95% |
Common questions
What is the Hyperliquid OP funding rate?
The latest collected Hyperliquid OP funding rate is -0.0029% over a 1h rate period, or -25.50% simple annualised. That period is used for conversion and may differ from the settlement interval. Positive means longs pay shorts; negative reverses this.
How often is funding charged on Hyperliquid OP?
The collected settlement interval is 1h, normally 24 times a day. Venues can change it; confirm the next settlement time on the contract page.
What is the maximum leverage on Hyperliquid OP?
The collected leverage cap for Hyperliquid OP is 5x, with 1 margin tiers shown. Actual leverage also depends on position size, account settings and venue rules.
What is the maintenance margin rate on Hyperliquid OP?
The first tier requires 10.0000%, and there are 1 tiers in all — a larger position requires more. This venue applies a deduction: maintenance margin = notional × tier rate − the tier's maintenance amount.
Observation time and verification
This contract’s funding was observed at 2026-09-09 13:53 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. Hyperliquid official data source · Funding methodology