What is the current OMNI funding rate?
The current OMNI funding rate is 0.0040%. Positive rates mean longs pay shorts; negative means shorts pay longs. Rates update continuously on Hyperliquid.
What is the maximum leverage for OMNI on Hyperliquid?
OMNI perpetual futures support up to 10× leverage on Hyperliquid. Button recommends sizing positions to your conviction and risk tolerance — high leverage amplifies both gains and losses.
How do OMNI perpetual futures work?
OMNI perps are derivative contracts with no expiry date that track the price of Omni Network. A funding rate mechanism (currently 0.0040%) keeps the perp anchored to spot by transferring periodic payments between longs and shorts.
What fees apply when trading Omni Network 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 OMNI positions?
OMNI 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 OMNI perpetual futures?
OMNI 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 OMNI?
No. Button is a self-custodial interface — you connect a wallet and trade OMNI directly on-chain. There is no account, no identity verification, and no custodian holding your collateral. Local jurisdictional rules still apply.