Neutral
Longs pay shorts
+5.48% annualized at the current hourly rate.
Loading live market data
Independent Hyperliquid workbench. Live data can be stale, partial, or unavailable.
Market detail
xyz:MSTR-PERP
115.03
-2.53% 24h24h volume
$4.57M
Open interest
$28M
Funding (1h)
+0.06 bps
+5.5%/yr
Official app, not referralOpens the official app. Check eligibility; this is not a recommendation to trade.
Oracle price
115
Impact spread
0.081%
Max leverage
10x
HIP-3 DEX
XYZ
OI cap
$75M
Margin mode
noCross
Market read
What stands out
Live public dataupdated just nowContext only, not direction
Funding, turnover, spread, and sampled depth are not showing a high-friction public-data condition.
Current read
No standout friction
Funding, turnover, spread, and sampled depth are not showing a high-friction public-data condition.
Market: xyz:MSTR-PERPlive
Changed since last snapshot
No saved comparison is available for this view yet. The Flow Map below can show changes after your first refresh.
Risk tools
Check assumptions
Synthetic stock perp, not shares
xyz:MSTR-PERP is a perpetual derivative. It does not represent equity ownership, shareholder voting rights, dividends, or a broker custody claim on the underlying company.
Flow Map
Read public candles, current sampled public depth, funding, and candle-pressure context in one place. Heat bands are not historical liquidity, observed liquidation data, or trade recommendations.
Live data80 15m bars shownsampled public depthComplete flow data
Mark
115.03
Oracle
115
Bid / ask
114.98 / 115.04
Sampled depth
$147K
Flow read
The sampled book leans bid-heavy, the strongest sampled wall is on the bid side, and recent candle-volume pressure is negative. The book and candle proxies are divergent. Treat this as review context, not a trade signal.
Sampled walls are similar enough that no one-sided public-depth level dominates.
No data cautions on this refresh.
Session change log
Material moves recorded while this page is open, newest first. Context only, not a signal feed.
No material changes recorded yet this session.
Depth bias
1.0x
Strongest sampled bid and ask walls are similar size. Sampled book skew is +8.2% toward bids.
Level mapPublic levels to inspect, not entries or exits
Sampled bid wall
Sampled depth
114.96
$52K
4.3 bps
Largest visible bid level in the sampled order book. Snapshot only. Resting depth can move or disappear.
Latest close
Reference
115.04
Reference
0.0 bps
Most recent candle close in the visible public-data window. Reference only. It may differ from mark, oracle, or fill price.
Sampled ask wall
Sampled depth
115.1
$51K
7.8 bps
Largest visible ask level in the sampled order book. Snapshot only. It is not a predictive level or hidden supply.
Profile pocket
Profile proxy
116.95
16% bucket
166.0 bps
Largest close-volume bucket in the visible candle window. Candle-close proxy only. It is not trade-by-price volume.
Public flow read
Market structure
xyz:MSTR-PERP
Min 111Current 115.04Max 118.78
Current book only: Book bands use the sampled L2 book from this page load. Historical liquidity heatmaps need stored snapshots.
Proxy, not trade flow: The signed-volume line estimates candle pressure from OHLCV. It is not a trade-pressure proxy.
Context, not observed liquidations: No liquidation events are inferred here. Use this as a checklist for your own review.
Source
Hyperliquid public market, 15m candle, funding, and L2 book endpoints.
Timestamp
Jun 22, 2:03 AM data snapshot.
Freshness
Fresh market data. Refresh before making decisions.
What this cannot tell you
Public proxies only: no stored heatmap, observed liquidation feed, or trade-pressure inference.
Inspect the data
Open Flow dataEstimated liquidation bands
Shows derived leverage bands only. This is not observed liquidation data.
- Does not know trader entry prices, account equity, margin mode, funding payments, or margin tiers.
- Observed liquidation events require a separate verified event source.
Market readiness context
Primary public-data friction
Turnover is muted versus open interest, so stale positioning may matter.
Refresh live market data before relying on calculators.
Clear
+0.03% gap
Shows how far mark price sits from oracle price.
Compare nearby markets
Benchmark public market friction against major perps. This is context for deeper review, not a ranking or trade recommendation.
4 peers selected
Choose up to 4 peers. Selection stays local to this page.
| Market | Funding/year | Spread | Visible depth | Volume / OI | Mark / oracle | Liquidity | |
|---|---|---|---|---|---|---|---|
xyz:MSTR-PERPCurrent Live data | +5.5% | 0.052% | $147K | 0.16x | +0.03% | Normal liquidity | Details |
BTC-PERP Live data | +8.0% | 0.002% | Not sampled | 0.76x | -0.05% | Depth not sampled | Details |
ETH-PERP Live data | +1.9% | 0.006% | Not sampled | 0.46x | -0.04% | Depth not sampled | Details |
SOL-PERP Live data | +11.0% | 0.013% | Not sampled | 0.82x | -0.04% | Depth not sampled | Details |
HYPE-PERP Live data | -15.6% | 0.016% | Not sampled | 0.29x | -0.07% | Depth not sampled | Details |
xyz:MSTR-PERP
Current market - live data
BTC-PERP
Benchmark - live data
+8.0%
0.002%
Not sampled
0.76x
-0.05%
Depth not sampled
ETH-PERP
Benchmark - live data
+1.9%
0.006%
Not sampled
0.46x
-0.04%
Depth not sampled
SOL-PERP
Benchmark - live data
+11.0%
0.013%
Not sampled
0.82x
-0.04%
Depth not sampled
HYPE-PERP
Benchmark - live data
-15.6%
0.016%
Not sampled
0.29x
-0.07%
Depth not sampled
Market risk telemetry
Liquidity quality
Normal liquidity
Book imbalance
+8.2%
Top spread
0.052%
Volume / OI
0.16x
These are liquidity and crowding diagnostics from public market data. They are not liquidation clusters and not trade recommendations.
Funding history
24h avg
-0.35 bps
3d avg
+0.08 bps
Samples
72
Recent high
+4.26 bps
Recent low
-2.62 bps
Jun 21, 9 PM-1.50 bps
Jun 21, 10 PM-1.72 bps
Jun 21, 11 PM-0.94 bps
Jun 22, 12 AM-1.61 bps
Jun 22, 1 AM+0.21 bps
Jun 22, 2 AM+0.06 bps
Order book depth
Asks
115.1143.101$5K
115.1445$51K
115.098.537$983
115.0812.525$1K
115.0750.287$6K
115.0617.989$2K
115.051.738$200
115.045.309$611
Mid 115.01 ยท spread 0.081%
Bids
114.986.847$787
114.9733.835$4K
114.96456.2$52K
114.9513.705$2K
114.941.838$211
114.9387.494$10K
114.9246.789$5K
114.9143.447$5K
Visible depth $147K
Live data - updated just nowlive refresh every 5s
Back to marketsRisk notice
Crypto perpetuals and leveraged trading are high risk. You can lose money through liquidation, funding, slippage, oracle issues, protocol failures, and market volatility.How to read this data
- Where this comes from
- Hyperliquid public info endpoint and HIP-3 metadata
- How fresh it is
- HypeBasis fetches HIP-3 market detail data on request from public market, funding, candle, and order book endpoints.
- Last reviewed
- 2026-05-05
- How to use it
- Labels are educational context, not trade signals or financial advice.
Sources
- Hyperliquid Docs: HIP-3 builder-deployed perpetualsAccessed 2026-05-30Supports: HIP-3 builder-deployed perp mechanics, deployer responsibilities, fees, settlement, oracle, and slashing risk.
- Hyperliquid Docs: FundingAccessed 2026-05-26Supports: Hourly funding, funding formula, interest-rate component, premium component, and funding payment formula.
- Hyperliquid Docs: Info endpointAccessed 2026-05-04Supports: Public info endpoint families used for market, book, candle, account, and portfolio tooling.
- Hyperliquid Docs: Perpetuals info endpointAccessed 2026-05-30Supports: Perpetual market metadata, asset context, funding history, predicted funding, clearinghouse state, and open-interest cap fields.