Liquidation heatmap

S&P 500 SP500

7,551.7−0.61%
Updated 19:41 UTC · price live · refreshes every minute
Trade SP500 on ARC
Nearest wall above
7,721.6+2.2% away
67% of shorts
Nearest wall below
7,457.3−1.3% away
59% of longs
Biggest wall
7,721.6+2.2% away
67% of shorts
Liquidated, 24h
$347K
59% longs · 41% shorts
Open interest
$453M
on Hyperliquid
SP500 perpetual · 1h
Longs liquidatedShorts liquidated

Key liquidation walls

PriceWhoSizeDistanceReached in a day
8,306.9Shorts7% of shorts+10.0%under 1%
7,967.0Shorts15% of shorts+5.5%under 1%
7,910.4Shorts7% of shorts+4.7%under 1%
7,721.6Shorts67% of shorts+2.2%2%
7,551.7Price now0.0%
7,457.3Longs59% of longs−1.3%18%
7,400.7Longs13% of longs−2.0%3%
7,230.8Longs6% of longs−4.2%under 1%
7,211.9Longs13% of longs−4.5%under 1%
6,872.0Longs7% of longs−9.0%under 1%

Latest liquidations

Hyperliquid · $25K and up
Time (UTC)ExchangeWhoPriceSize
15:00HyperliquidLong7,556.4$30K
13:32HyperliquidShort7,639.4$63K
13:26HyperliquidShort7,622.0$78K
16:06HyperliquidShort7,632.8$47K
15:56HyperliquidShort7,616.0$98K
14:42HyperliquidShort7,596.5$122K
14:20HyperliquidLong7,561.6$30K
22:22HyperliquidLong7,615.4$66K
17:38HyperliquidShort7,633.6$49K
17:22HyperliquidShort7,628.5$88K
17:03HyperliquidShort7,626.7$70K
17:02HyperliquidShort7,625.9$25K
14:31HyperliquidShort7,599.3$29K
11:55HyperliquidShort7,592.8$53K
11:54HyperliquidShort7,591.0$27K
11:21HyperliquidShort7,586.3$65K

Liquidated, last 24h

$347K total
Hyperliquid$347K

Walls by distance

Share of each side
DistanceLongs belowShorts above
0–2%72% of longs—
2–5%19% of longs73% of shorts
5–10%7% of longs15% of shorts
10–25%—7% of shorts

Open interest

Hyperliquid$453M
Trade SP500 on ARC.Low fees, $20 to start, and your money stays in your own account.
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Liquidation heatmaps for other markets.

How this heatmap is built.

Real positions

Hyperliquid publishes every liquidation as it happens. The dots on the candles are those, alongside the other exchanges’.

The rest of the book

ARC models the SP500 positions that publish no liquidation price every 5 minutes, from price and open interest, using the leverage real traders use.

Checked every time

ARC sizes a wall in dollars once the price has crossed its walls in 48 hours, 10 of them with a real liquidation. Until then, SP500's walls show where they sit and how much of each side they hold.

Reading a SP500 liquidation heatmap.

What is a liquidation heatmap?

It shows the prices where traders’ leveraged SP500 positions would be closed by force. Big clusters of liquidations can speed up a move when the price reaches them.

What do the red and green cells mean?

Red cells are long positions that get liquidated if SP500 falls to that price. Green cells are short positions that get liquidated if it rises there. Brighter cells hold more money, and each wall fills in from the hour its positions were opened.

What are the dots on the candles?

Liquidations that already happened, on the candle they happened in: red for longs, green for shorts. Bigger dots are bigger liquidations.

Does a wall mean the price will go there?

No. A wall shows what happens if the price gets there, not whether it will. ARC tested liquidation walls as a sign of direction and they did not predict it.

What does “reached in a day” mean?

How often SP500 moves that far within 24 hours at its recent volatility. It is the chance the price touches the wall, not the chance it breaks through.

Where does the data come from?

SP500 trades on Hyperliquid. ARC maps its positions from price and open interest, and the liquidations that happened come from Hyperliquid itself.