Hyperliquid vs Jupiter Perps
Hyperliquid traded 26× Jupiter Perps's 24-hour volume ($8.17B vs $318.7M).
Head to head
the arrow points to the better figure| Hyperliquid | Jupiter Perps | |
|---|---|---|
| Trading | ||
| $9.13 | BTC trade, $10k | — |
| $1,121 | BTC trade, $1M | — |
| $39.8M | BTC book depth | — |
| 0.045%/0.015% | ◀Taker / maker | 0.060%/0.060% |
| 40x | Max leverage▶ | 250x |
| Size | ||
| $8.17B | ◀Volume 24h | $318.7M |
| $6.96B | ◀Volume, 7-day average | $282.3M |
| $10.11Blongs + shorts | Open interest | —one side |
| $6.34B | ◀TVL | $674.5M |
| Markets | ||
| 179 | ◀Markets | 3 |
| 164 | ◀Stocks & RWA | 0 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | L +0.0112% / S +0.0056% |
| +0.722% | BTC longs paid, 30d | +0.998% |
| Access | ||
| No ID | KYC | No ID |
| $HYPE | Token | $JUP |
| Season 2 | Airdrop | — |
Cost to trade BTC
| Size | Hyperliquid | Jupiter Perps |
|---|---|---|
| $1k | $0.919.1 bp | — |
| $10k | $9.139.1 bp | — |
| $100k | $91.329.1 bp | — |
| $1M | $1,12111.2 bp | — |
| $5M | $6,85813.7 bp | — |
BTC funding per day
pair pageOn both: 3
funding /8h · Net 7d at $10k| Asset | Hyperliquid | Jupiter Perps | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | L +0.0112% / S +0.0056% | −0.0012% | — |
| ETH | −0.0030% | L +0.0104% / S +0.0056% | −0.0022% | — |
| SOL | −0.0095% | L +0.0128% / S +0.0056% | +0.0046% | — |
Only on Hyperliquid: 176
HYPE · ZEC · XRP · NEAR · XMR · LIT · PUMP · ENA · UNI · DOGE · LINK · VVV · AAVE · PEPE · ZRO · WLD · BNB · XPL · SUI · MON · TAO · PAXG · ADA · STRK · AERO · ASTER · GRASS · CASHCAT · GRAM · LTC · FARTCOIN · ONDO · WLFI · AVAX · TRX · TRUMP · ARB · CRV · PURR · PONS · USELESS · XLM · HBAR · ETHFI · PENDLE · LDO · MEGA · CHIP · BCH · BONK · JUP · TIA · FET · FIL · CC · INJ · MORPHO · DOT · POL · VIRTUAL · and 116 more
Only on Jupiter Perps: 0
Questions
Which has more markets, Hyperliquid or Jupiter Perps?
Hyperliquid lists 179 active markets and Jupiter Perps 3; 3 assets trade on both.
Does Hyperliquid or Jupiter Perps require KYC?
Hyperliquid: No ID: any EVM wallet or an email login; the app is closed to the US, Ontario and sanctioned countries. Jupiter Perps: No ID; not for the US, China, Singapore or sanctioned countries, VPNs forbidden. Beta markets need 69 JUP staked.
Can you arbitrage funding between Hyperliquid and Jupiter Perps?
Not profitably right now: none of the 3 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Hyperliquid or Jupiter Perps?
24-hour volume: Hyperliquid $8.17B, Jupiter Perps $318.7M. Open interest as each reports it: $10.11B and {ob}. Hyperliquid reports open interest as longs plus shorts, both sides of every position; Jupiter Perps reports one side. For the same positions Hyperliquid's figure reads about twice as large. TVL: $6.34B and $674.5M.