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Liquidation

Liquidation is when the exchange closes a leveraged position because it has lost too much of its margin. On isolated margin you can lose all the margin on that position. On cross margin you can lose your whole account balance.
  • The liquidation price is the price where the position is force-closed. Hyperliquid decides the actual liquidation.
  • On the order ticket, Liquidation Price is an estimate. It shows for isolated margin on a new position. For Cross it shows a dash.
  • Open positions show Liq., and on the phone % from liquidation, so you can see how close you are.
  • Higher leverage puts the liquidation price closer to your entry. The app warns at 25x or more.
Check your liquidation price before you trade, and again while a position is open. Prices can move faster than you can react.

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If a copied position is liquidated

If AlphaYou detects that a copied position was liquidated, it tries to stop the copy and close the other positions at market. The copy shows “A position was liquidated”. This can be delayed or missed, and closing at market can lock in further losses. Whatever is left stays in your copy wallet. Copied positions use the trader’s leverage, which can be high. The 25x warning does not appear on a copy.

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Funding

Funding is an hourly payment between longs and shorts that keeps a perp’s price near the asset’s price. Positive funding means longs pay shorts. You may pay it or receive it while a position is open. It is paid every hour, and AlphaYou does not receive it.
  • Your positions show the funding paid or received so far.
  • The Funding History tab lists payments from the last 30 days.
See Fees for the other costs.