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USTECH Perp on Hyperliquid (HIP-3)

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

USTECH trades on 1 HIP-3 dex; on Markets by Kinetiq the mark is 744.72 against an oracle of 744.58, a basis of +1.9 bps. Funding is 0.00057% per hour (5.0% APR), so longs pay shorts. Open interest is $4.30M, with Markets by Kinetiq at 14% of its $30.00M cap, and $2.11M traded in 24 hours. The US market is closed (weekend) until Mon 09:30 ET, so the deployer maintains the oracle and the basis is not a live arbitrage reference until then.

US market closed · weekendAs of 18:27 UTC

MarkMarkets by Kinetiq
744.72
Oracle 744.58+1.9 bps
Funding per hour
0.00057%
5.0% APRlongs pay shorts
Open interest
$4.30M
14% of $30.00M cap
24h volumeUS closed
$2.11M
+0.16% 24hopens Mon 09:30 ET

USTECH perp markets on Hyperliquid

US indices · by open interest
Dex Mark Oracle Basis 24h Funding /h APR OI OI cap Cap use 24h vol Max lev. Trade
Markets by Kinetiq mkts:USTECHgrowth 744.72 744.58 +1.9 bps +0.16% 0.00057% 5.0% $4.30M $30.00M 14% $2.11M 25× Trade

Funding is Hyperliquid's hourly rate (APR = hourly × 24 × 365). Basis is the mark against the deployer's oracle; while the US market is closed the oracle is maintained by the deployer, not a live exchange price. Trade links go to the exchange and may be referral links.

USTECH volume spikes

USTECH across exchanges →

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

USTECH perp FAQ

What is the USTECH funding rate on Hyperliquid?

0.00057% per hour on Markets by Kinetiq right now (5.0% 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 (0.0046% per 8h).

How closely does the USTECH perp track the underlying?

The Markets by Kinetiq mark is 744.72 against an oracle of 744.58, a basis of +1.9 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). The US market is closed right now, so the deployer maintains the oracle until the open.

What is the USTECH open interest cap?

Markets by Kinetiq caps mkts:USTECH open interest at $30.00M; $4.30M is in use right now (14%). When a market reaches its cap, orders that would add open interest are rejected until it falls.

Can I trade USTECH when the US market is closed?

Yes. The perp trades 24/7 on Hyperliquid, but the US session runs 09:30 to 16:00 New York time on trading days; outside it the oracle is set by the deployer and prices can gap at the open. Status now: US market closed · weekend.