PARA:IGV perps

Perp · Hyperliquid · #920 by volume

100.540

Hyperliquid para USDC · 24h 99.800 – 102.490

24h volume: $823; #920 of 920
Open interest: $42.1K; −0.1% contracts · 24h
Spread: 67.4 bps; median · 24h
Size at best price: $13.9K; mean · 24h
Net taker flow: +$187; every contract · 24h
Funding: +0.0008%; per period · HL

Aperiodic metrics · PARA:IGV · 24 h

Every metric on PARA:IGV, bar by bar →

Are takers buying or selling PARA:IGV?

Flow

Takers bought $187 more than they sold on Hyperliquid para USDC over 24 h; the heaviest hour, 11:30 UTC, saw $489.

+$4890−$489

02:30 UTCnow

flow.volume_delta_notionalbusiest contract · hourly · 24 h

What does it cost to cross PARA:IGV's spread?

L1 liquidity

67.4 bps median on Hyperliquid para USDC, the widest of the 200 most traded perps.

#1BTC0.015 bps
#2ETH0.052 bps
#3SOXL1.59 bps
#5ZEC0.11 bps
#10SPCX0.71 bps
#25SP5000.13 bps
#50MUU5.74 bps
#100CAP1.86 bps
#200POL1.16 bps
#920PARA:IGV67.4 bps

l1_liquidity.spread_bpsbusiest contract · median · 24 h

How much size waits at PARA:IGV's best price?

L1 liquidity

$13.9K at the best bid and ask on Hyperliquid para USDC, on average, deeper than 79% of the 200 most traded perps.

#1BTC$653.9K
#2ETH$269.6K
#3SOXL$86.5K
#5ZEC$7.7K
#10SPCX$19.6K
#25SP500$111.7K
#50MUU$20.4K
#100CAP$257
#200POL$508
#920PARA:IGV$13.9K

l1_liquidity.total_dollar_depthbusiest contract · mean · 24 h

Which way is PARA:IGV's book leaning?

L2 imbalance

Leaned to the bid in 17 of 24 hours on Hyperliquid para USDC; 49% bids over the day.

60% bid040% bid

02:30 UTCnow

l2_imbalance.imbalance_ratio_10Hyperliquid para USDC · top 10 levels · hourly

Does PARA:IGV trade away from its index?

Basis

4.03 bps below its index on Hyperliquid para USDC now; 44.4 bps below to 44.5 bps above over 24 h.

+44.5 bps0−44.5 bps

02:30 UTCnow

basis.basis_bpsHyperliquid para USDC · hourly

Is leverage building in PARA:IGV?

Open interest

$42.1K open across 1 contract: −0.1% in contracts, −1.5% in dollars over 24 h.

$42.7K$41.7K

02:30 UTCnow

open_interest.open_interestbusiest contract · hourly

Who pays funding on PARA:IGV?

Funding

Longs pay +0.0008% a period on Hyperliquid para USDC; between −0.0054% and +0.0789% over 24 h.

+0.0789%0−0.0789%

02:30 UTCnow

funding.funding_rateHyperliquid para USDC · hourly

PARA:IGV's contract · now

Named by Atlas →

Contract	Price	24h	Volume 24h	Open interest	Funding	Spread	Charts
Hyperliquid para USDCperpetual-PARA:IGV-USDC:USDC	100.540	—	$823	$42.1K	+0.0008%	67.4	Charts →

History · a year of 5m bars per series · busiest contract

Every chart for PARA:IGV →

Python

import os
from datetime import date

from aperiodic import get_derivative_metrics, get_metrics

# aperiodic.io/markets: PARA:IGV on Hyperliquid
# 5m bars, 2025-11-13 to 2026-11-13. Install: pip install "aperiodic[polars]"
# Needs an API key (https://aperiodic.io/home/api) on a plan with flow, basis, open_interest, funding (Pro) and l1_liquidity, l2_imbalance (Prime).
API_KEY = os.environ["APERIODIC_API_KEY"]
# timestamp="true" keys bars on capture time, as on the page; "exchange" keys them on exchange time.
PERIOD = dict(
    interval="5m",
    timestamp="true",
    start_date=date(2025, 11, 13),
    end_date=date(2026, 11, 13),
)

flow = get_metrics(
    api_key=API_KEY,
    metric="flow",
    exchange="hyperliquid-perps",
    symbol="perpetual-PARA:IGV-USDC:USDC",
    **PERIOD,
)

l1_liquidity = get_metrics(
    api_key=API_KEY,
    metric="l1_liquidity",
    exchange="hyperliquid-perps",
    symbol="perpetual-PARA:IGV-USDC:USDC",
    **PERIOD,
)

l2_imbalance = get_metrics(
    api_key=API_KEY,
    metric="l2_imbalance",
    exchange="hyperliquid-perps",
    symbol="perpetual-PARA:IGV-USDC:USDC",
    **PERIOD,
)

basis = get_derivative_metrics(
    api_key=API_KEY,
    metric="basis",
    exchange="hyperliquid-perps",
    symbol="perpetual-PARA:IGV-USDC:USDC",
    **PERIOD,
)

open_interest = get_derivative_metrics(
    api_key=API_KEY,
    metric="open_interest",
    exchange="hyperliquid-perps",
    symbol="perpetual-PARA:IGV-USDC:USDC",
    **PERIOD,
)

funding = get_derivative_metrics(
    api_key=API_KEY,
    metric="funding",
    exchange="hyperliquid-perps",
    symbol="perpetual-PARA:IGV-USDC:USDC",
    **PERIOD,
)

Every number is from Aperiodic's own 5-minute bars, 15 minutes behind.

Contract

Price

24h

Volume 24h

Open interest

Funding

Spread

Hyperliquid para USDCperpetual-PARA:IGV-USDC:USDC

100.540

—

$823

$42.1K

+0.0008%

67.4

Charts →

import os from datetime import date from aperiodic import get_derivative_metrics, get_metrics # aperiodic.io/markets: PARA:IGV on Hyperliquid # 5m bars, 2025-11-13 to 2026-11-13. Install: pip install "aperiodic[polars]" # Needs an API key (https://aperiodic.io/home/api) on a plan with flow, basis, open_interest, funding (Pro) and l1_liquidity, l2_imbalance (Prime). API_KEY = os.environ["APERIODIC_API_KEY"] # timestamp="true" keys bars on capture time, as on the page; "exchange" keys them on exchange time. PERIOD = dict( interval="5m", timestamp="true", start_date=date(2025, 11, 13), end_date=date(2026, 11, 13), ) flow = get_metrics( api_key=API_KEY, metric="flow", exchange="hyperliquid-perps", symbol="perpetual-PARA:IGV-USDC:USDC", **PERIOD, ) l1_liquidity = get_metrics( api_key=API_KEY, metric="l1_liquidity", exchange="hyperliquid-perps", symbol="perpetual-PARA:IGV-USDC:USDC", **PERIOD, ) l2_imbalance = get_metrics( api_key=API_KEY, metric="l2_imbalance", exchange="hyperliquid-perps", symbol="perpetual-PARA:IGV-USDC:USDC", **PERIOD, ) basis = get_derivative_metrics( api_key=API_KEY, metric="basis", exchange="hyperliquid-perps", symbol="perpetual-PARA:IGV-USDC:USDC", **PERIOD, ) open_interest = get_derivative_metrics( api_key=API_KEY, metric="open_interest", exchange="hyperliquid-perps", symbol="perpetual-PARA:IGV-USDC:USDC", **PERIOD, ) funding = get_derivative_metrics( api_key=API_KEY, metric="funding", exchange="hyperliquid-perps", symbol="perpetual-PARA:IGV-USDC:USDC", **PERIOD, )