GMX liquidations, funding & open interest
GMX is #218 of 347 Hyperliquid perpetual markets by open interest: $978K open interest and $648K traded in the past 24 hours, at a mark price of $9.00.
Heatmap, position and whale history start on 2 Nov 2026 and grow every day. Older data from the venues' public history (earliest over all coins): Hyperliquid funding since 20 May 2023, Hyperliquid open interest since 20 May 2023, Bybit long/short since 6 Nov 2023, Hyperliquid liquidations since 25 May 2025, price candles since 8 Sept 2019.
Liquidation levels
updated 9m ago (2026-11-05 10:17 UTC) · source: Blockmetric ResearchWhat does this show?
Blockmetric tracks 152 GMX positions on Hyperliquid. $159K of them would be liquidated within ±50% of the price: $129K of longs below, $30.7K of shorts above; $13 sits within ±5% of the mark.
The largest short liquidation level within 10% is at $9.53 (+5.8%) with $450 of tracked shorts.
Liquidations · 24h
updated 2h ago (2026-11-05 08:02 UTC) · source: Blockmetric Research · Binance$4Klongs $1.4Kshorts $2.5K41 orders
What does this show?
In the past 24 hours $4K of GMX positions were liquidated (41 orders, 36% of it longs) on Binance and Hyperliquid.
The largest single liquidation was a $687 long on Binance at $9.06.
Every coin: Liquidations →
Since yesterday
| Metric | Now | Change |
|---|---|---|
| Open interest · Hyperliquid | $978K | −7.4% |
| Funding APR · Hyperliquid | +39.3% | +28.3 pp |
Funding & open interest per exchange
updated 9s ago (2026-11-05 10:27 UTC) · source: Blockmetric Research · Binance · Bybit| Exchange | Funding APR | Open interest |
|---|---|---|
| Hyperliquid | +39.3% | $978K |
| Lighter | +10.5% | $103K |
| Binance | +11.0% | $3.8M |
| Bybit | +11.0% | $742K |
What does this show?
Funding, annualised: Hyperliquid +39.3%, Lighter +10.5%, Binance +11.0%, and Bybit +11.0%.
Every coin: Funding →
Long/short
updated 2s ago (2026-11-05 10:27 UTC) · source: Blockmetric Research| Source | Long/short |
|---|---|
| Hyperliquid | 0.99 |
What does this show?
Tracked Hyperliquid positions are 0.99 long/short by USD (52 wallets long, 100 short).
Largest tracked positions
updated 9m ago (2026-11-05 10:17 UTC) · source: Blockmetric Research| Wallet | Side | Size | Leverage | Liq. price | To liq. |
|---|---|---|---|---|---|
| 0xe282…df29 | long | $180K | 3.0× | - | - |
| 0xd702…2abc | long | $110K | 3.0× | $4.70 | −47.7% |
Questions and answers
Where are the largest GMX liquidation levels right now?
As of 5 Nov 2026: The largest short liquidation level within 10% is at $9.53 (+5.8%) with $450 of tracked shorts.
How much GMX was liquidated in the last 24 hours?
As of 5 Nov 2026: In the past 24 hours $4K of GMX positions were liquidated (41 orders, 36% of it longs) on Binance and Hyperliquid. The largest single liquidation was a $687 long on Binance at $9.06.
What is the GMX funding rate?
As of 5 Nov 2026: Funding, annualised: Hyperliquid +39.3%, Lighter +10.5%, Binance +11.0%, and Bybit +11.0%.
What is the GMX long/short ratio?
As of 5 Nov 2026: Tracked Hyperliquid positions are 0.99 long/short by USD (52 wallets long, 100 short).
Data as of 2026-11-05 10:27 UTC. Facts from public data. Not investment advice. · Report incorrect data