Nebius (NBIS) Perp on Hyperliquid (HIP-3)
Nebius (NBIS) 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.
NBIS trades on 2 HIP-3 dexes; on trade.xyz the mark is 151.31 against an oracle of 151.30, a basis of +0.7 bps. Funding is 0.00112% per hour (9.8% APR), so longs pay shorts. Open interest is $19.53M, with trade.xyz at 21% of its $150.00M cap, and $81.09M 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 NBIS 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:NBIS, scaling the rate Hyperliquid's funding formula would otherwise give.
NBIS 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| trade.xyz xyz:NBISgrowth | 151.31 | 151.30 | +0.7 bps | +2.34% | 0.00112% | 9.8% | ×0.5 | $15.92M | $150.00M | 21% | $76.40M | 10× | Trade |
| EntropyIO io:NBISgrowth | 151.46 | 151.28 | +11.9 bps | +2.52% | 0.00357% | 31.3% | ×0.5 | $3.61M | $15.00M | 48% | $4.70M | 15× | 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.
NBIS perps elsewhere
same ticker on other venuesNBIS contract history
History for xyz:NBIS 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:NBISLoading chart…
Not recorded Chart: TradingView Lightweight Charts™
Quoted funding rate history
Normalized 8h · hourly × 8Loading chart…
Not recorded Chart: TradingView Lightweight Charts™
xyz:NBIS observed funding: last seven completed UTC days
| UTC date | Mean quoted /h | 8h equivalent | Observed hours |
|---|---|---|---|
| 0.00099% | 0.0080% | 24/24 | |
| 0.00117% | 0.0094% | 24/24 | |
| 0.00017% | 0.0014% | 24/24 | |
| -0.00154% | -0.0123% | 24/24 | |
| -0.00186% | -0.0148% | 24/24 | |
| 0.00075% | 0.0060% | 24/24 | |
| 0.00186% | 0.0149% | 24/24 |
Only xyz:NBIS: 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.
NBIS volume spikes
NBIS across exchanges →| When | Dex | Side | $ in 1m | × normal | +5m | +15m | +1h |
|---|---|---|---|---|---|---|---|
| 11m ago | xyz:NBIS | SELL | $79K | 6.0× | -0.50% | — | — |
| 2h ago | xyz:NBIS | BUY | $82K | 4.2× | +0.28% | -0.62% | -0.27% |
| 2h ago | xyz:NBIS | MIXED | $492K | 18.9× | +0.15% | +0.46% | +0.92% |
| 2h ago | xyz:NBIS | SELL | $185K | 7.0× | +1.02% | +2.11% | +2.33% |
| 2h ago | xyz:NBIS | SELL | $150K | 5.8× | -0.28% | +0.54% | +2.56% |
| 3h ago | xyz:NBIS | SELL | $104K | 4.1× | -0.08% | +0.89% | +2.78% |
| 3h ago | xyz:NBIS | BUY | $374K | 4.5× | +0.90% | +1.66% | +1.44% |
| 4h ago | xyz:NBIS | SELL | $570K | 5.4× | +1.12% | +1.09% | -0.03% |
| 4h ago | xyz:NBIS | BUY | $572K | 5.1× | +0.43% | +2.26% | +0.72% |
| 4h ago | xyz:NBIS | SELL | $404K | 4.3× | +1.55% | +3.52% | +2.25% |
Newest first, up to 30. The +5m / +15m / +1h columns show what price did afterwards; they describe the past, not a prediction.
NBIS perp FAQ
What is the NBIS price on Hyperliquid?
The NBIS perp mark is 151.31 on trade.xyz, against an oracle of 151.30. 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 NBIS funding rate on Hyperliquid?
0.00112% per hour on trade.xyz right now (9.8% 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 (0.0090% per 8h).
How closely does the NBIS perp track the underlying?
The trade.xyz mark is 151.31 against an oracle of 151.30, a basis of +0.7 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 NBIS 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.