Bitcoin (BTC) Perp Price

Go long or short on Bitcoin with perpetual futures (perps), on fomo web and mobile.

Mark price

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past 24 hours

Not available in the U.S. or to U.S. persons.

Bitcoin perp price chart

Closing trade prices from Hyperliquid, in your time zone.

Market Stats

Oracle price
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Funding (1h)
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Open interest
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24h volume
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Max leverage
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Mark price: oracle (composite of major exchanges) plus protocol trading. Live data from Hyperliquid.

Bitcoin perps on fomo

Funding
Paid every hour, by one side to the other
Provided by
Hyperliquid
Fees
fomo 0.05% per trade + protocol trading fee

Perps are leveraged and carry a high risk of fast losses. The protocol can also reduce or close positions without notice, even profitable ones (auto-deleveraging).

What is a Bitcoin perp?

A Bitcoin perp follows the price of BTC. Go long if you think it will rise, or short if you think it will fall, without holding any bitcoin. It has no expiry date, so you can hold it as long as your margin holds up. On fomo, Bitcoin perps are provided by Hyperliquid, with up to 40x leverage, on web, iOS and Android.

How to trade Bitcoin perps on fomo

  1. Log in to fomo on web or mobile, confirm you’re not a U.S. Person, and move USDC into your perps cash balance (minimum 5 USDC).
  2. Open Perps and pick BTC.
  3. Pick long or short, set your size (minimum 15 USDC, including leverage) and leverage, pick isolated or cross margin, add take profit or stop loss, and confirm.

What moves the Bitcoin price

Fund flows
Money moving in and out of spot Bitcoin funds can push the price either way.
Interest rates
Like other risky assets, Bitcoin often reacts to what traders expect from rates.
Crowded leverage
When too many traders lean one way with leverage, sharp moves and liquidations follow.
Fixed supply
Total supply is capped at 21 million, and new issuance halves about every four years.

Learn before you trade

Bitcoin perps FAQ

How do BTC perps work?

You trade on Bitcoin’s price with leverage, long or short, without owning BTC. Funding payments keep the perp close to the spot price.

What is the BTC perp funding rate?

Every hour, one side pays the other: longs pay shorts when the perp trades above spot, and shorts pay longs when it trades below. The amounts are small but add up over days. You see the current rate on the BTC market on fomo, and in Market Stats above.

Learn more: Funding rates on perps

What are the fees on BTC perps?

fomo charges 0.05% per trade, plus the protocol’s trading fee on the full position size, when you open and when you close. The exact fee shows before you confirm.

Learn more: Perps trading fees

BTC perps vs spot: what’s the difference?

Spot means you own the bitcoin. A perp only tracks the price, adds leverage, and lets you go short.

What is the maximum leverage on BTC perps?

Up to 40x on fomo. Lower leverage gives your position more room before liquidation.

Learn more: Leverage on perps

Do BTC perps expire?

No. A perp has no expiry date, so you can hold it as long as your margin holds up.

Updated November 2026. Product details come from fomo’s Terms of Service, Help Center and release notes; leverage and live data from Hyperliquid.