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Crypto perpetual future

Bitcoin perpetual futures funding and open interest

The BTC perpetual future tracks the price of Bitcoin without an expiry date. It is a margin-backed derivative rather than the spot asset, and a leveraged position can be liquidated.

Current market snapshot

Hyperliquid data refreshed Oct 26, 2026, 4:43 PM UTC. This is a market reference, not a price guarantee. The terminal shows the executable order book before an order is placed.

Mark price
$79,910
Current funding
0.00125% hourly
Open interest
$3.36B notional
24h volume
$2.55B
Max leverage
40x
24h mark change
-0.81%

Data source: live API response.

Seven-day funding history

Daily averages summarize hourly payments. They show what happened in this window, not what the next funding payment will be.

BTC daily funding history
UTC dateAverageLowHighObservations
2026-10-190.00125%0.00125%0.00125%8
2026-10-200.00125%0.00125%0.00125%24
2026-10-210.00093%-0.00042%0.00125%24
2026-10-220.00110%-0.00036%0.00125%24
2026-10-230.00125%0.00125%0.00125%24
2026-10-240.00122%0.00087%0.00125%24
2026-10-250.00102%0.00023%0.00125%24
2026-10-260.00093%-0.00015%0.00125%16

Predicted funding across venues

BTC predicted funding across supported venues
VenuePredicted rateIntervalNext funding
BinPerp0.01000%8hOct 27, 2026, 12:00 AM
HlPerp0.00125%1hOct 26, 2026, 4:00 PM
BybitPerp0.01000%8hOct 27, 2026, 12:00 AM

Contract and trading hours

Venue market
BTC
Expiry
None. Funding is exchanged hourly
Margin
cross or isolated
Collateral
USDC margining on Hyperliquid
Hours
Continuous, 24 hours a day and seven days a week, subject to venue maintenance, market status and delisting.
Settlement
Cash-settled price exposure. No delivery of the referenced asset

Ask your assistant

The prompt asks for analysis and a draft. Account controls remain the final boundary if you later choose to submit an order.

“Review BTC funding over the last seven days, current open interest, liquidity and my account limits. Draft a small limit order, but do not submit it.”

Related pages

Questions people ask

What is the BTC perpetual future?
The BTC perpetual future tracks the price of Bitcoin without an expiry date. It is a margin-backed derivative rather than the spot asset, and a leveraged position can be liquidated.
How often is funding paid on BTC?
Hyperliquid funding is paid every hour between long and short holders. A positive rate means longs pay shorts; a negative rate means shorts pay longs. The rate can change each hour.
Is the BTC perpetual future the same as owning Bitcoin?
No. The perpetual future is a margin-backed derivative. It does not place the Bitcoin spot asset in the account and it can be liquidated.
Can an AI agent trade BTC through Fensory?
Yes, when perpetual-futures trading is enabled and the market is on the account allow-list. The order cap, access expiry and kill-switch still apply, and the agent cannot withdraw funds.
When can the BTC perpetual future trade?
Continuous, 24 hours a day and seven days a week, subject to venue maintenance, market status and delisting.