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SKHY Perp on Hyperliquid (HIP-3)

SKHY perpetual futures on Hyperliquid's HIP-3 dexes (Non-US stocks & indices): live mark vs oracle, hourly funding, open interest against the deployer's cap, and volume spikes.

SKHY trades on 1 HIP-3 dex; on trade.xyz the mark is 192.44 against an oracle of 192.50, a basis of -3.1 bps. Funding is 0.00063% per hour (5.5% APR), so longs pay shorts. Open interest is $192.60M, with trade.xyz at 48% of its $400.00M cap, and $2.99M traded in 24 hours. On Bybit the SKHYUSDT perp funds at 0.00000% per hour (0.0% APR).

As of 19:34 UTC

Marktrade.xyz
192.44
Oracle 192.50-3.1 bps
Funding per hour
0.00063%
5.5% APRlongs pay shorts
Open interest
$192.60M
48% of $400.00M cap
24h volume
$2.99M
+0.70% 24h

SKHY perp markets on Hyperliquid

Non-US stocks & indices · by open interest
Dex Mark Oracle Basis 24h Funding /h APR OI OI cap Cap use 24h vol Max lev. Trade
trade.xyz xyz:SKHYgrowth 192.44 192.50 -3.1 bps +0.70% 0.00063% 5.5% $192.60M $400.00M 48% $2.99M 10× Trade

Funding is Hyperliquid's hourly rate (APR = hourly × 24 × 365). Basis is the mark against the deployer's oracle. Trade links go to the exchange and may be referral links.

SKHY perps elsewhere

same ticker on other venues
MarketPriceFunding /hAPROI24h volTrade
Bybit SKHYUSDT 192.53 0.00000% 0.0% $9.24M $2.21M Trade
HTX SKHY-USDT 192.39 0.00000% 0.0% $137K $152K Trade

SKHY volume spikes

SKHY across exchanges →

No SKHY volume spikes recorded since the server started. Spikes on every Hyperliquid market show on the Hyperliquid pump scanner.

SKHY perp FAQ

What is the SKHY funding rate on Hyperliquid?

0.00063% per hour on trade.xyz right now (5.5% APR), so longs pay shorts. Hyperliquid settles funding every hour, so multiply by 8 to compare with an 8-hour rate on Binance or Bybit (0.0050% per 8h).

How closely does the SKHY perp track the underlying?

The trade.xyz mark is 192.44 against an oracle of 192.50, a basis of -3.1 bps. Hyperliquid Guide measured 30-day tracking error (the standard deviation of the basis) across 101 HIP-3 markets: from 2.0 bps (SP500) to 43.3 bps (BIRD), with a median of 7.6 bps (source).

What is the SKHY open interest cap?

trade.xyz caps xyz:SKHY open interest at $400.00M; $192.60M is in use right now (48%). When a market reaches its cap, orders that would add open interest are rejected until it falls.