NVIDIA (NVDA) Perp on Hyperliquid (HIP-3)
NVIDIA (NVDA) 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.
NVDA trades on 2 HIP-3 dexes; on trade.xyz the mark is 161.00 against an oracle of 160.82, a basis of +11.2 bps. Funding is 0.00535% per hour (46.9% APR), so longs pay shorts. Open interest is $266.37M, with trade.xyz at 81% of its $650.00M cap, and $1.15B 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 NVDA 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:NVDA, scaling the rate Hyperliquid's funding formula would otherwise give.
NVDA 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:NVDAgrowth | 161.00 | 160.82 | +11.2 bps | -6.81% | 0.00535% | 46.9% | ×0.5 | $263.51M | $650.00M | 81% | $1.13B | 20× | Trade |
| EntropyIO io:NVDAgrowth | 160.93 | 160.82 | +6.8 bps | -6.95% | 0.00658% | 57.6% | ×0.5 | $2.87M | $15.00M | 38% | $27.52M | 25× | 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.
NVDA perps elsewhere
same ticker on other venuesNVDA contract history
History for xyz:NVDA 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:NVDALoading chart…
Not recorded Chart: TradingView Lightweight Charts™
Quoted funding rate history
Normalized 8h · hourly × 8Loading chart…
Not recorded Chart: TradingView Lightweight Charts™
xyz:NVDA observed funding: last seven completed UTC days
| UTC date | Mean quoted /h | 8h equivalent | Observed hours |
|---|---|---|---|
| 0.00281% | 0.0224% | 24/24 | |
| 0.00272% | 0.0218% | 24/24 | |
| 0.00078% | 0.0063% | 24/24 | |
| -0.00226% | -0.0181% | 24/24 | |
| -0.00036% | -0.0029% | 24/24 | |
| 0.00078% | 0.0062% | 24/24 | |
| 0.00234% | 0.0187% | 24/24 |
Only xyz:NVDA: 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.
NVDA volume spikes
NVDA across exchanges →| When | Dex | Side | $ in 1m | × normal | +5m | +15m | +1h |
|---|---|---|---|---|---|---|---|
| 8m ago | xyz:NVDA | MIXED | $3.17M | 5.9× | -0.13% | — | — |
| 14m ago | xyz:NVDA | MIXED | $1.98M | 4.5× | -0.46% | — | — |
| 20m ago | xyz:NVDA | SELL | $1.97M | 4.6× | +0.02% | -0.54% | — |
| 59m ago | io:NVDA | BUY | $313K | 60.3× | -0.29% | -0.25% | — |
| 60m ago | xyz:NVDA | BUY | $3.26M | 4.5× | +0.28% | +0.44% | — |
| 60m ago | io:NVDA | BUY | $96K | 18.4× | +0.26% | +0.43% | — |
| 2h ago | io:NVDA | MIXED | $159K | 34.6× | -0.34% | -0.38% | +1.16% |
| 2h ago | xyz:NVDA | SELL | $3.13M | 4.1× | -0.17% | -0.43% | +1.56% |
| 2h ago | io:NVDA | SELL | $99K | 21.7× | -0.23% | -0.44% | +1.47% |
| 3h ago | io:NVDA | BUY | $113K | 9.9× | -0.04% | -0.28% | +0.46% |
| 3h ago | io:NVDA | SELL | $88K | 4.7× | -0.09% | -0.11% | +0.59% |
| 4h ago | io:NVDA | SELL | $263K | 6.1× | +0.09% | +1.68% | +1.28% |
| 4h ago | io:NVDA | MIXED | $430K | 7.6× | +0.13% | -1.23% | +0.62% |
| 4h ago | io:NVDA | SELL | $562K | 14.4× | -0.02% | -0.17% | +0.65% |
Newest first, up to 30. The +5m / +15m / +1h columns show what price did afterwards; they describe the past, not a prediction.
NVDA perp FAQ
What is the NVDA price on Hyperliquid?
The NVDA perp mark is 161.00 on trade.xyz, against an oracle of 160.82. 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 NVDA funding rate on Hyperliquid?
0.00535% per hour on trade.xyz right now (46.9% 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 (0.0428% per 8h).
How closely does the NVDA perp track the underlying?
The trade.xyz mark is 161.00 against an oracle of 160.82, a basis of +11.2 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 NVDA 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.