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SP500 Perp

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Hyperliquid24h Volume$70.7MOpen Interest$331.5MFunding (1h)+0.00063%Premium+0.01165%Oracle price$7,720.20Max Leverage50x
$7,720.20−0.06%

About this contract

SP500-PERP is a perpetual futures contract on Hyperliquid, settled in USDC. It never expires — the position stays open until you close it or it is liquidated. Every hour, funding is exchanged between longs and shorts to hold the contract price against the SP500 index.

Your margin is shared across every Hyperliquid position in this wallet, so a loss here can move the liquidation price of the others.

Cross marginIndexSP500/USDSettles in USDCFunding hourlySize step0.001 SP500