Gold (GOLD) Perp on Hyperliquid (HIP-3)
Gold (GOLD) perpetual futures on Hyperliquid's HIP-3 dexes (Oil, gold & commodities): live mark vs oracle, hourly funding, open interest against the deployer's cap, and volume spikes.
GOLD trades on 1 HIP-3 dex; on trade.xyz the mark is 3,907.9 against an oracle of 3,906.7, a basis of +3.1 bps. Funding is 0.00063% per hour (5.5% APR), so longs pay shorts. Open interest is $146.68M, with trade.xyz at 39% of its $750.00M cap, and $76.07M traded in 24 hours.
Market health
no active flags- ✓No flagsAvailable data: No GOLD 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
trade.xyzFunding multiplier ×0.5. trade.xyz applies a funding multiplier of ×0.5 to xyz:GOLD, scaling the rate Hyperliquid's funding formula would otherwise give.
GOLD perp markets on Hyperliquid
Oil, gold & commodities · by open interest| Dex | Mark | Oracle | Basis | 24h | Funding /h | APR | Funding × | OI | OI cap | Cap use | 24h vol | Max lev. | Trade |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| trade.xyz xyz:GOLD | 3,907.9 | 3,906.7 | +3.1 bps | -3.13% | 0.00063% | 5.5% | ×0.5 | $146.68M | $750.00M | 39% | $76.07M | 25× | 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.
GOLD contract history
History for xyz:GOLD 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
xyz:GOLDLoading chart…
Not recorded Chart: TradingView Lightweight Charts™
Quoted funding rate history
Normalized 8h · hourly × 8Loading chart…
Not recorded Chart: TradingView Lightweight Charts™
xyz:GOLD observed funding: last seven completed UTC days
| UTC date | Mean quoted /h | 8h equivalent | Observed hours |
|---|---|---|---|
| 0.00107% | 0.0086% | 24/24 | |
| 0.00120% | 0.0096% | 24/24 | |
| 0.00101% | 0.0081% | 24/24 | |
| 0.00008% | 0.0007% | 24/24 | |
| 0.00064% | 0.0052% | 24/24 | |
| 0.00080% | 0.0064% | 24/24 | |
| 0.00041% | 0.0033% | 24/24 |
Only xyz:GOLD: 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.
GOLD volume spikes
GOLD across exchanges →| When | Dex | Side | $ in 1m | × normal | +5m | +15m | +1h |
|---|---|---|---|---|---|---|---|
| 4m ago | xyz:GOLD | BUY | $522K | 35.1× | — | — | — |
| 6m ago | xyz:GOLD | MIXED | $146K | 11.2× | -0.12% | — | — |
| 11m ago | xyz:GOLD | SELL | $1.05M | 81.8× | -0.15% | — | — |
| 14m ago | xyz:GOLD | BUY | $270K | 21.5× | -0.38% | — | — |
| 28m ago | xyz:GOLD | BUY | $170K | 13.8× | -0.33% | -0.46% | — |
| 57m ago | xyz:GOLD | SELL | $118K | 9.6× | -0.02% | -0.02% | — |
| 65m ago | xyz:GOLD | SELL | $214K | 17.3× | -0.02% | -0.06% | -0.66% |
| 71m ago | xyz:GOLD | SELL | $81K | 6.6× | -0.09% | -0.17% | -0.75% |
| 84m ago | xyz:GOLD | BUY | $87K | 7.1× | +0.03% | +0.01% | -0.36% |
| 2h ago | xyz:GOLD | BUY | $80K | 6.5× | -0.04% | 0.00% | -0.27% |
| 2h ago | xyz:GOLD | SELL | $78K | 6.4× | +0.14% | +0.02% | -0.10% |
| 2h ago | xyz:GOLD | BUY | $100K | 8.2× | -0.02% | -0.05% | -0.26% |
Newest first, up to 30. The +5m / +15m / +1h columns show what price did afterwards; they describe the past, not a prediction.
GOLD perp FAQ
What is the GOLD price on Hyperliquid?
The GOLD perp mark is 3,907.9 on trade.xyz, against an oracle of 3,906.7. 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 GOLD 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 GOLD perp track the underlying?
The trade.xyz mark is 3,907.9 against an oracle of 3,906.7, 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 GOLD open interest cap?
trade.xyz caps xyz:GOLD open interest at $750.00M, measured the way Hyperliquid counts it (long and short sides together); 39% of the cap is in use right now. When a market reaches its cap, orders that would add open interest are rejected until it falls.