Market Pulse (Nov 13, 2026): BTC -6.86% at $68,574, PEPE leads gainers

1% of liquid perpetual volume sits in rising markets, a risk-off tape. Total 24h volume $9.68B, open interest $7.86B.

2 min readDaily report

Bitcoin is down 6.86% at $68,574 on Hyperliquid, and 1% of the day's volume in liquid perpetuals is in markets that are rising, which reads as a risk-off session. Across 179 perpetual markets, 24-hour volume is $9.68B and open interest stands at $7.86B.

The majors

  • BTC $68,574 (-6.86%), funding +1.82% a year
  • ETH $1,934 (-5.68%), funding -3.90% a year
  • SOL $79.78 (-3.85%), funding -8.32% a year
  • HYPE $71.24 (-0.16%), funding +10.95% a year
  • XRP $1.03 (-1.71%), funding -11.15% a year

Biggest movers

Among markets with at least $5.0M of daily volume:

  • PEPE +2.33% to $4.561e-06 on $28.9M volume
  • ZRO +2.30% to $1.59 on $6.9M volume
  • LIT +0.86% to $3.25 on $25.0M volume
  • NEAR +0.15% to $3.51 on $70.4M volume
  • HYPE -0.16% to $71.24 on $531.5M volume

Falling the most:

  • AERO -10.00% to $0.4807
  • BTC -6.86% to $68,574
  • BNB -6.60% to $629.40
  • ETH -5.68% to $1,934
  • UNI -5.34% to $5.82

Funding: who is paying whom

Funding is the hourly payment between longs and shorts; shown here as a yearly rate. High positive funding means longs are crowded and paying up; negative means shorts are paying.

  • AVAX longs pay +10.95% a year
  • ARB longs pay +10.95% a year
  • PEPE longs pay +10.95% a year
  • INIT shorts pay +829.31% a year
  • ZEC shorts pay +18.34% a year
  • GRAM shorts pay +17.89% a year

Where the money is

The largest open interest, which is where most capital is positioned:

  • BTC $2.56B
  • HYPE $1.55B
  • ETH $1.43B
  • ZEC $382.4M
  • SOL $326.4M

How to use this

Breadth and funding describe positioning, not direction. Crowded funding can unwind fast either way, and today's biggest movers are often the most volatile tomorrow. Compare the full list on Markets and Funding Rates, and practise any idea in the demo first.

This report is generated by ChipaX from Hyperliquid market data at the time shown. It is not financial advice.