Volume Monitor
Live crypto data · 8 exchanges

NOW Perp on Hyperliquid (HIP-3)

NOW 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.

NOW trades on 1 HIP-3 dex; on trade.xyz the mark is 135.85 against an oracle of 135.85, a basis of +0.0 bps. Funding is 0.00063% per hour (5.5% APR), so longs pay shorts. Open interest is $2.04M, with trade.xyz at 8% of its $25.00M cap, and $5,860 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 17:41 UTC

Marktrade.xyz
135.85
Oracle 135.85+0.0 bps
Funding per hour
0.00063%
5.5% APRlongs pay shorts
Open interest
$2.04M
8% of $25.00M cap
24h volumeUS closed
$5,860
-0.03% 24hopens Mon 09:30 ET

NOW 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:NOWgrowth 135.85 135.85 +0.0 bps -0.03% 0.00063% 5.5% $2.04M $25.00M 8% $5,860 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.

NOW perps elsewhere

same ticker on other venues
MarketPriceFunding /hAPROI24h volTrade
Bybit NOWUSDT 136.17 0.00000% 0.0% $802K $153K Trade
HTX NOW-USDT 135.93 0.00000% 0.0% $5,218 $48K Trade

NOW volume spikes

NOW across exchanges →

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

NOW perp FAQ

What is the NOW 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 NOW perp track the underlying?

The trade.xyz mark is 135.85 against an oracle of 135.85, 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.

What is the NOW open interest cap?

trade.xyz caps xyz:NOW open interest at $25.00M; $2.04M is in use right now (8%). When a market reaches its cap, orders that would add open interest are rejected until it falls.

Can I trade NOW 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.