Brent crude oil perp on Hyperliquid: funding, open interest, leverage
Snapshot Tue, 20 Oct 2026 22:07:09 UTC · Commodity perps · on 2 venues · CSV
Brent crude oil (BRENTOIL) trades as a perpetual on XYZ, Lighter. Funding on XYZ is 0.0050% per 8h (longs pay shorts), open interest $209.1M, 24h volume $170.2M, leverage up to 20×.
Funding is the venue's hourly rate × 8; positive means longs pay shorts. Oracle and mark are the deployer's prices.
Funding on XYZ, last 7 days
168 hourly settlements · range -0.0566% to 0.1419% per 8h · hover for the exact hour
Same asset, two venues
Funding gap · gross
2.0% APR
0.0018% per 8h between the two rates
Long where funding is lowest
Lighter
0.0032% per 8h
Short where it is highest
XYZ
0.0050% per 8h
Gross of fees and before the oracles diverge: each venue prices Brent crude oil from its own oracle, so mark prices can differ. For crypto pairs with fee-adjusted maths see the arbitrage table.
Cash-settled perpetual on Hyperliquid, HIP-3 framework; the deployer publishes the oracle price and can halt and settle the market.
Funding
Paid every hour between longs and shorts, as on every Hyperliquid perp. Shown here on an 8h basis; APR = hourly × 8,760.
Leverage
Up to 20× on XYZ.
Questions
What is the Brent crude oil perp on Hyperliquid?
A perpetual contract on Brent crude oil deployed by XYZ under Hyperliquid's HIP-3, cash-settled in USDC, with the oracle price published by the deployer.
Who pays funding on BRENTOIL right now?
longs pay shorts: 0.0050% per 8h, 5.5% annualised, as of Tue, 20 Oct 2026 22:07:09 UTC.