Getting Started
What you need
- A modern desktop browser. The terminal is desktop-first and built for large screens.
- Nothing else to browse — market data and pair signals are visible without an account.
- A wallet with a funded Hyperliquid account, only if you want to trade.
First look
The terminal opens on the Trade cockpit — a full single-coin desk for the last market you viewed. The top navigation covers everything:
- Trade — the cockpit: live chart with statistical layers, depth ladder with cost analytics, tape intelligence, and the execution console. Every Hyperliquid market (including HIP-3 builder markets) gets one.
- Pairs — The Pair Desk: every eligible pair as one instrument — live z verdict, spread chart, both legs' books — with the daily roster one keystroke away (/).
- Book — one table of your positions, armed orders, and watches: what you're watching and tracking.
- Markets — the full market table, one click from any coin's cockpit.
- HyperZone — the live 3D field of the whole market, with axis pickers, presets, and a Markets ↔ Pairs toggle.
- Funding — funding rates across the venue.
- Wallets — inspect any address's positions and fills.
Trading through the terminal
pairpetuals.com constructs orders; it never executes them. Trading happens on Hyperliquid, authorized by your own wallet:
- Connect — the connect button asks your wallet for its address (
eth_requestAccounts) and nothing else. Browsing needs no connection at all. - Sign in — one signature proves the address is yours. No password, no account.
- Enable trading — your wallet approves an order-only agent on Hyperliquid itself: it can place the orders you arm, never withdraw or transfer, and expires on its own. A separate signature caps the builder fee at 0.04%. Both are revocable at any time — the agent via the Revoke key button on the account rail (and Hyperliquid's own API settings), the fee cap through Hyperliquid.
- Arm — configure an algo, a watch, or an exit plan and arm it. The engine works the order through your agent; matching, settlement, and custody stay on Hyperliquid.
We never hold funds and never see keys. Per-account size caps apply during early launch, stated on the ticket when they bind. Full detail: Legal & Risk.
Reading a pair
A pair is quoted as A-B: long A, short B when the spread is below its mean (and the reverse above it). The key numbers:
- Live z — how many standard deviations the spread is from its mean right now.
- Entry band — the z-level at which the strategy considers the stretch tradeable.
- Exit — measured as travel back from the entry threshold, not a fixed level.
- Stop — the z-level at which the thesis is considered broken.
See Z-Scores & Bands for the full mechanics.