Live market
Bitcoin price today
The bitcoin price today on this page is a perpetual price read directly from the exchange order book each time the page is served, along with the current spread, funding rate and open interest.
This page reads the market when you load it. The figures below are the current perpetual book, not a snapshot written earlier.


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HyperBoard: Crypto Market Dashboard
prices, funding rates, open interest and liquidity across crypto perpetual markets, live.
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Read from the Pacifica perpetual book at 2026-10-03 21:27 UTC, through our own keyless relay, and refreshed at most every five minutes. Any figure quoted from this page is accurate as of that time and not afterwards.
Why bitcoin has a perpetual market at all
Bitcoin trades on hundreds of venues, and a perpetual contract is how someone takes a position larger than their cash without moving any coin. There is no expiry to roll and no delivery to arrange, so the contract stays open as long as the margin holds. That convenience is paid for continuously through funding, which is why the figure beside the price matters as much as the price does.
What holding a bitcoin long actually costs
Funding is charged per interval rather than per trade, so the cost of a position is a function of how long you hold it and not how often you touch it. A rate that looks negligible beside a price in the tens of thousands is still charged every few hours, in both directions, whether the market moves or not. Anyone comparing this to the cost of holding spot bitcoin should be comparing against that running total rather than against a single fee.
Why this is not the price on a spot exchange
The number here is a perpetual price, and it drifts above or below spot depending on which side is more eager. When more people want leveraged exposure than want to provide it, the perpetual trades at a premium and funding pushes it back down. The gap is usually small on bitcoin because the market is deep, and the size of that gap is itself a reading of how crowded the trade has become.
Volume here counts contracts, not coins moved
The 24 hour figure on this page is the notional value traded on this venue's perpetual book. It is not bitcoin changing hands on chain and it is not the whole market. Read it as a measure of how much attention this particular book is getting, which is the useful thing it tells you, rather than as the size of the bitcoin economy.
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Open, change it, publish your own
Pacifica Market Maker
runs a maker strategy on this same Pacifica book and shows spread, inventory and PnL as they change.
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Three working apps that read this kind of market. Open one, change it, and publish your own.
- HyperBoard: Crypto Market Dashboard
prices, funding rates, open interest and liquidity across crypto perpetual markets, live.
- SignalDesk
ranks tokens by a composite signal and charts them with EMA, Bollinger, RSI and MACD overlays, on Hyperliquid.
- Pacifica Market Maker
runs a maker strategy on this same Pacifica book and shows spread, inventory and PnL as they change.
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