Coherent (COHR) Perp on Hyperliquid (HIP-3)
Coherent (COHR) perpetual futures on Hyperliquid's HIP-3 dexes (US stocks): live mark vs oracle, hourly funding, open interest against the deployer's cap, and volume spikes.
COHR trades on 1 HIP-3 dex; on Paragon the mark is 228.15 against an oracle of 228.15, a basis of +0.0 bps. Funding is 0.00100% per hour (8.8% APR), so longs pay shorts. Open interest is $572K, with Paragon at 5% of its $25.00M cap, and $767K traded in 24 hours. The US market is closed (after hours) until Thu 09:30 ET, so the deployer maintains the oracle and the basis is not a live arbitrage reference until then.
Market health
no active flags- ✓No flagsAvailable data: No COHR market is more than 1% from its oracle while the underlying is closed, and none is at 90% or more of its open interest cap. Unreported oracle and cap values are shown as —.
Funding configuration
ParagonFunding multiplier ×0.6. Paragon applies a funding multiplier of ×0.6 to para:COHR, scaling the rate Hyperliquid's funding formula would otherwise give.
COHR perp markets on Hyperliquid
US stocks · by open interest| Dex | Mark | Oracle | Basis | 24h | Funding /h | APR | Funding × | OI | OI cap | Cap use | 24h vol | Max lev. | Trade |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Paragon para:COHRgrowth | 228.15 | 228.15 | +0.0 bps | +0.78% | 0.00100% | 8.8% | ×0.6 | $572K | $25.00M | 5% | $767K | 10× | 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.
COHR perps elsewhere
same ticker on other venuesCOHR contract history
History for para:COHR only. Funding shows quoted rate history, not settled payments: Hyperliquid settles hourly; the chart uses normalized 8h rates (hourly × 8), displayed as percentages. Gaps are not recorded data.
Open interest history
para:COHRLoading chart…
Not recorded Chart: TradingView Lightweight Charts™
Quoted funding rate history
Normalized 8h · hourly × 8Loading chart…
Not recorded Chart: TradingView Lightweight Charts™
para:COHR observed funding: last seven completed UTC days
| UTC date | Mean quoted /h | 8h equivalent | Observed hours |
|---|---|---|---|
| 0.00115% | 0.0092% | 24/24 | |
| 0.00107% | 0.0086% | 24/24 | |
| 0.00016% | 0.0013% | 24/24 | |
| -0.00142% | -0.0114% | 24/24 | |
| -0.00487% | -0.0390% | 24/24 | |
| 0.00234% | 0.0187% | 24/24 | |
| 0.00085% | 0.0068% | 24/24 |
Only para:COHR: means of recorded hourly quoted funding, not settled payments or realised returns. Hourly means divide the normalized 8h quotes by eight. Coverage counts observed hours out of 24; missing hours are excluded, not treated as zero. Missing dates remain unavailable. The current UTC day is excluded. Annualised projections assume a rate continues and are not historical earnings.
COHR volume spikes
COHR across exchanges →No recent COHR volume spikes. Spikes on every Hyperliquid market show on the Hyperliquid pump scanner.
COHR perp FAQ
What is the COHR price on Hyperliquid?
The COHR perp mark is 228.15 on Paragon, against an oracle of 228.15. The perp mark is not the exchange-listed underlying price: it is the price of the perpetual contract, and can differ from the underlying. Missing values appear as a dash.
What is the COHR funding rate on Hyperliquid?
0.00100% per hour on Paragon right now (8.8% 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 (0.0080% per 8h).
How closely does the COHR perp track the underlying?
The Paragon mark is 228.15 against an oracle of 228.15, 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). The US market is closed right now, so the deployer maintains the oracle until the open.
Can I trade COHR 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 · after hours.