A wallet balance, a successful deposit, and usable perpetual collateral are three different states. Check the Hyperliquid account mode and the Perps Available to Trade value before enabling live copying.
Read the balance map
Funds are outside Hyperliquid.
Funds are deposited, but Standard mode keeps them separate from Perps.
Funds can support perpetual positions, subject to margin and open exposure.
The remaining amount Hyperliquid currently allows for new Perps orders.
Find your account mode
Open Hyperliquid account settings and check the current account abstraction or margin mode. Hyperliquid's interface and eligibility can change, so use the mode shown in your account rather than assuming. Check the official account abstraction modes and margining references for current behavior.
| Mode | What it means for funding | Action |
|---|---|---|
| Standard | Spot and Perps balances are separate. | Transfer the intended USDC amount from Spot to Perps. |
| Unified | Eligible Spot assets can contribute collateral according to Hyperliquid's rules. | Do not look for a separate Spot to Perps transfer. Check Available to Trade. |
| Portfolio Margin | Collateral and risk are evaluated under advanced portfolio rules and eligibility. | Use Hyperliquid's current margin documentation. Do not use beginner assumptions. |
Standard mode: move USDC to Perps
- Open Hyperliquid and locate the balance or transfer control.
- Select a transfer from Spot to Perps.
- Enter only the amount you intend to expose as perpetual collateral.
- Confirm the transfer with the correct account.
- Return to the Perps screen and confirm Available to Trade is positive.
Unified mode: verify collateral, do not transfer blindly
Unified mode removes the same Spot to Perps boundary for eligible collateral. The useful number is still Available to Trade. It can be lower than the headline asset value because collateral weights, positions, resting orders, and margin requirements matter.
If Available to Trade is zero or too low
- In Standard mode, check whether the funds are still in Spot.
- Review open positions and resting orders that already reserve margin.
- Check whether the deposited asset is eligible collateral for the current account mode.
- Check account restrictions, liquidation risk, and current Hyperliquid notices.
- Reduce the FiatBear USD position caps. Do not increase leverage merely to force an order through.