What is the current ETH funding rate?
The current ETH funding rate is -0.0104%. Positive rates mean longs pay shorts; negative means shorts pay longs. Rates update continuously on Hyperliquid.
What is the maximum leverage for ETH on Hyperliquid?
ETH perpetual futures support up to 50× leverage on Hyperliquid. Button recommends sizing positions to your conviction and risk tolerance — high leverage amplifies both gains and losses.
How do ETH perpetual futures work?
ETH perps are derivative contracts with no expiry date that track the price of Ethereum. A funding rate mechanism (currently -0.0104%) keeps the perp anchored to spot by transferring periodic payments between longs and shorts.
When can I trade ETH perpetual futures?
ETH perps are available 24/7. As a crypto asset, ETH perps trade 24/7 with no downtime or maintenance windows.
Is ETH trading on-chain?
Yes. All ETH perp positions are matched and settled on-chain via Hyperliquid, with USDC as the margin and settlement currency.
What fees apply when trading Ethereum perps through Button?
Button does not charge a platform markup. You pay the standard Hyperliquid maker/taker fees plus any funding cost if you hold a position across funding intervals. There are no hidden spreads or withdrawal fees.
How does liquidation work on ETH positions?
ETH positions are liquidated automatically by Hyperliquid when your margin ratio falls below the maintenance threshold. Button surfaces your real-time liquidation price so you always know how much room you have before you open or scale into a trade.
When can I trade ETH perpetual futures?
ETH perps are available 24/7 with no maintenance windows. Button reflects the market status live, so you can see at a glance whether the market is open, reduce-only, or actively trading.
Do I need to sign up or complete KYC to trade ETH?
No. Button is a self-custodial interface — you connect a wallet and trade ETH directly on-chain. There is no account, no identity verification, and no custodian holding your collateral. Local jurisdictional rules still apply.