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MRVL Perp on Hyperliquid (HIP-3)

MRVL 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.

MRVL trades on 1 HIP-3 dex; on trade.xyz the mark is 263.62 against an oracle of 263.72, a basis of -3.8 bps. Funding is -0.00255% per hour (-22.3% APR), so shorts pay longs. Open interest is $12.75M, with trade.xyz at 6% of its $200.00M cap, and $1.13M 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 15:19 UTC

Marktrade.xyz
263.62
Oracle 263.72-3.8 bps
Funding per hour
-0.00255%
-22.3% APRshorts pay longs
Open interest
$12.75M
6% of $200.00M cap
24h volumeUS closed
$1.13M
+0.14% 24hopens Mon 09:30 ET

MRVL perp markets on Hyperliquid

US stocks · by open interest
Dex Mark Oracle Basis 24h Funding /h APR OI OI cap Cap use 24h vol Max lev. Trade
trade.xyz xyz:MRVLgrowth 263.62 263.72 -3.8 bps +0.14% -0.00255% -22.3% $12.75M $200.00M 6% $1.13M 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.

MRVL perps elsewhere

same ticker on other venues
MarketPriceFunding /hAPROI24h volTrade
Bybit MRVLUSDT 263.65 -0.00132% -11.5% $2.33M $256K Trade

MRVL volume spikes

MRVL across exchanges →

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

MRVL perp FAQ

What is the MRVL funding rate on Hyperliquid?

-0.00255% per hour on trade.xyz right now (-22.3% APR), so shorts pay longs. Hyperliquid settles funding every hour, so multiply by 8 to compare with an 8-hour rate on Binance or Bybit (-0.0204% per 8h).

How closely does the MRVL perp track the underlying?

The trade.xyz mark is 263.62 against an oracle of 263.72, a basis of -3.8 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 MRVL open interest cap?

trade.xyz caps xyz:MRVL open interest at $200.00M; $12.75M is in use right now (6%). When a market reaches its cap, orders that would add open interest are rejected until it falls.

Can I trade MRVL 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.