Volume Monitor
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SOFTBANK Perp on Hyperliquid (HIP-3)

SOFTBANK 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.

SOFTBANK trades on 1 HIP-3 dex; on trade.xyz the mark is 39.292 against an oracle of 39.292, a basis of +0.0 bps. Funding is 0.00417% per hour (36.5% APR), so longs pay shorts. Open interest is $2.75M, with trade.xyz at 11% of its $25.00M cap, and $41K traded in 24 hours. On HTX the SOFTBANK-USDT perp funds at 0.00000% per hour (0.0% APR).

As of 18:54 UTC

Marktrade.xyz
39.292
Oracle 39.292+0.0 bps
Funding per hour
0.00417%
36.5% APRlongs pay shorts
Open interest
$2.75M
11% of $25.00M cap
24h volume
$41K
-0.06% 24h

SOFTBANK 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:SOFTBANKgrowth 39.292 39.292 +0.0 bps -0.06% 0.00417% 36.5% $2.75M $25.00M 11% $41K 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.

SOFTBANK perps elsewhere

same ticker on other venues
MarketPriceFunding /hAPROI24h volTrade
HTX SOFTBANK-USDT 39.311 0.00000% 0.0% $5,515 $171K Trade

SOFTBANK volume spikes

SOFTBANK across exchanges →

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

SOFTBANK perp FAQ

What is the SOFTBANK funding rate on Hyperliquid?

0.00417% per hour on trade.xyz right now (36.5% 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 (0.0334% per 8h).

How closely does the SOFTBANK perp track the underlying?

The trade.xyz mark is 39.292 against an oracle of 39.292, a basis of +0.0 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 SOFTBANK open interest cap?

trade.xyz caps xyz:SOFTBANK open interest at $25.00M; $2.75M is in use right now (11%). When a market reaches its cap, orders that would add open interest are rejected until it falls.