PAPER (para) on Hyperliquid
4% fee discount with referral code HYPERLAB
PAPER (para) on Hyperliquid — price $0.02449, funding -0.0004%/1h, open interest $5.0M, 24h volume $13.9M. Annualized funding -3.8%. Source: Hyperliquid official · as of 2026-10-19 08:30 UTC
- Trading status
- Live
- Max leverage
- 3×
- Funding settlement
- Hourly (1h)
- Trading hours
- 24/7/365 (no market open or close)
- Daily history since
- 2026-10-18
Contract spec from operator documentation · snapshot as of 2026-10-19 08:30 UTC
Daily closes spanning the full history since listing. Switch to 1M for finer hourly-snapshot detail (our moat, collected since 2026-06-14).
/api/hl/markets/para-paper-perp/history?format=csv&from=2026-06-14&to=2026-10-19&granularity=dailyDaily/weekly/monthly rollups from D1. File header carries the attribution line.
Historical data is free to cite and reuse with attribution — link this page or hyperacademy.io.
Predicted funding (Binance/Bybit normalized to a 1h basis). Informational only — not investment advice.
PAPER (para) is a perpetual market on Hyperliquid, currently priced around $0.02449 with $5.0M in open interest and $13.9M of 24h volume. Funding settles hourly, with up to 3× leverage.
What is the PAPER (para) funding rate on Hyperliquid?
As of the latest snapshot, PAPER (para) funding is -0.0004%/1h (≈ -3.8% annualized). Hyperliquid settles funding every hour. As of 2026-10-19 08:30 UTC.
What are PAPER (para)'s 24h volume and open interest?
PAPER (para) currently has $13.9M in 24h volume and $5.0M in open interest. As of 2026-10-19 08:30 UTC.
What is the max leverage for PAPER (para)?
PAPER (para) supports up to 3× leverage on Hyperliquid, in both isolated and cross-margin modes.
What is PAPER (para)'s all-time high on Hyperliquid?
PAPER (para)'s all-time high is $0.03522 on 2026-10-18; the all-time low is $0.01150 on 2026-10-18. The 52-week range is $0.01150–$0.03522. As of 2026-10-19 08:30 UTC.
Can I trade PAPER (para) 24/7 on Hyperliquid?
Yes. PAPER (para) is a crypto market, so it trades 24/7/365 on Hyperliquid with no market open or close, and funding settles every hour.
How can I trade PAPER (para) on Hyperliquid?
Open Hyperliquid, deposit USDC, and select the PAPER (para) market (a HIP-3 builder-deployed market). Signing up with referral code HYPERLAB gives a 4% fee discount on your first $25M of volume. Perpetuals use leverage (up to 3× on this market), so positions can be liquidated — size positions conservatively.