# UNITREE Short's $112,100 Funding Tops Hypothetical 10x Margin

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/52134
Published: 2026-11-09T07:28:09.000Z
Updated: 2026-11-09T07:28:09.000Z
Section: Investing

> The address held about $275,800 in isolated margin at a Nov. 9 snapshot. The 10x comparison uses an estimated $98,600 benchmark, not the trader's initial deposit.

A Hyperliquid address shorting the UNITREE perpetual has paid about $112,100 in net funding since Oct. 20, exceeding a hypothetical 10x margin benchmark as the contract rose.

At a Nov. 9 snapshot, the contract was quoted at $104.26, up 6.63% over 24 hours. Seven consecutive hourly funding settlements had been negative. One rate reached −0.258%, costing shorts about $25.81 per $10,000 of exposure for that settlement. The indicated hourly rate at the snapshot was −0.144%.

The address beginning 0xfdf1 held a short worth about $1.09 million at an average entry price of $94.06. An estimated 10x margin on the remaining position’s entry value was about $98,600. That figure is a hypothetical benchmark; the position held about $275,800 in isolated margin at the snapshot.

The remaining short carried an unrealized loss of about $106,900, and partial buybacks had realized roughly $210,800 in losses. Including funding and trading fees, its realized and unrealized losses totaled about $430,400. The position’s estimated liquidation price was $124.36.

Funding payments are separate from gains or losses caused by price changes. The UNITREE perpetual also rose alongside negative funding on Oct. 19, 23 and 28. On Oct. 28, it gained about 11.02% intraday while its hourly funding rate fell as low as −0.3201%. TokenPost previously covered [a two-day rise in UNITREE perpetual contracts as funding turned more negative](<https://www.tokenpost.com/news/investing/35486>).



## Links in this article

- [a two-day rise in UNITREE perpetual contracts as funding turned more negative](https://www.tokenpost.com/news/investing/35486)
