25 venues list an HYPE perpetual: 16 charge funding every hour, 1 every 4 hours, 7 continuously.
Aevo
ApeX
Aster
Avantis
Derive
edgeX
Ethereal
Extended
GMX
gTrade
Helix
Hyperliquid
Lighter
Merkle
Ondo
Ostium
Pacifica
Paradex
Variational
Vest Up to 10x, settled in USDC.
No. A perpetual position tracks price and does not confer ownership of the underlying.
Yes — a short perpetual position uses the same margin mechanics as a long.