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Liquidation calculator · HYPE

Hyperliquid liquidation calculator

Liquidation price for HYPE perpetual longs and shorts, and how often HYPE's real price moves would have hit it. Isolated margin, USDT-margined.

HYPE now (25 Oct 2026, 08:30 UTC): price 75.79 (-0.5% in 24h); open interest on five exchanges $2.57B; liquidated in 24h on Binance and Bybit $3.7M, 97% longs.

Liquidation price
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The textbook formula: real liquidation comes slightly earlier, because exchanges deduct fees and accrued funding and use the mark price. The history line uses HYPE hourly candles on Binance from 2026-04-19 to 2026-10-25: every hour as an entry, liquidated if any later hourly low (long) or high (short) crossed the level. Past volatility, not a forecast.

How often would HYPE have liquidated each leverage?

LeverageMove to liquidationLong, 1 dayShort, 1 dayLong, 1 weekShort, 1 week
3x32.9%<1%<1%<1%8%
5x19.6%<1%2%3%17%
10x9.6%3%6%27%37%
20x4.6%21%24%63%67%
25x3.6%34%34%70%73%
50x1.6%63%65%85%88%
100x0.6%84%86%94%95%

Share of past holds that would have been liquidated, HYPE perpetual on Binance, 2026-04-19 to 2026-10-25 (4,513 one-day holds, overlapping). Isolated margin, 0.4% maintenance margin, before fees and funding, which would make it worse. The same test for every coin and any holding time: how fast would you get liquidated?

HYPE market right now

Funding rate per 8 hours: Binance +0.0009%, Bybit -0.0041%, OKX +0.0031%, BingX +0.0032%. Positive funding means longs pay shorts; over days it moves a long's liquidation closer. Details: HYPE funding rate.

Open interest by exchange: Binance $314.9M (12%), Bybit $232.2M (9%), OKX $98.4M (4%), Gate $327.2M (13%), Hyperliquid $1.59B (62%). Chart: HYPE open interest.

Liquidations in 24 hours (Binance and Bybit): longs $3.6M, shorts $103K. Live feed: HYPE liquidations.

Where other traders' leverage may sit is modeled on the HYPE liquidation heatmap - and here is how often price actually went there.

Reading the result

FAQ

How far does HYPE have to move to liquidate a 10x position?

About 9.6% against you with isolated margin and a 0.4% maintenance margin rate, before fees and funding: down for a long, up for a short. At 25x it is 3.6%, at 50x 1.6%.

How often would a 10x HYPE long have been liquidated within a day?

In 3% of one-day holds on Binance hourly data from 2026-04-19 to 2026-10-25 (every hour as an entry, isolated margin, 0.4% maintenance margin). A 10x short: 6%. Held for a week: long 27%, short 37%.

What about 25x on HYPE?

A 25x HYPE position is liquidated by a 3.6% move. On the same data that happened within a day in 34% of long holds and 34% of short holds. Past volatility, not a forecast.

Why is my exchange's HYPE liquidation price different?

Exchanges use the mark price, deduct fees and accrued funding, and apply tiered maintenance margin that rises with position size and is often higher for smaller coins. Check your exchange's margin tier table for HYPE and enter that rate in the calculator.

A planning aid, not advice. Leverage can wipe out your margin within minutes. See the risk disclaimer.