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 158.15 against an oracle of 158.02, a basis of +8.2 bps. Funding is 0.00363% per hour (31.8% APR), so longs pay shorts. Open interest is $267.82M, with trade.xyz at 66% of its $800.00M cap, and $1.40B traded in 24 hours. The US market is closed (pre-market) 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 | 158.15 | 158.02 | +8.2 bps | -9.82% | 0.00363% | 31.8% | ×0.5 | $264.54M | $800.00M | 66% | $1.37B | 20× | Trade |
| EntropyIO io:NVDAgrowth | 158.37 | 158.02 | +22.1 bps | -9.74% | 0.00709% | 62.1% | ×0.5 | $3.28M | $15.00M | 44% | $29.32M | 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 |
|---|---|---|---|---|---|---|---|
| 6m ago | xyz:NVDA | SELL | $3.53M | 6.4× | -0.29% | — | — |
| 11m ago | xyz:NVDA | BUY | $2.49M | 5.0× | -0.50% | — | — |
| 25m ago | xyz:NVDA | BUY | $2.16M | 4.6× | -0.57% | -0.48% | — |
| 43m ago | xyz:NVDA | BUY | $2.30M | 5.0× | +0.05% | -0.22% | — |
| 46m ago | io:NVDA | SELL | $132K | 9.3× | +0.11% | +0.37% | — |
| 65m ago | io:NVDA | SELL | $105K | 11.7× | -0.35% | -0.39% | -1.25% |
| 71m ago | io:NVDA | BUY | $89K | 14.4× | -0.17% | -0.14% | -0.57% |
| 82m ago | xyz:NVDA | BUY | $1.54M | 4.4× | +0.19% | -0.42% | -0.65% |
| 84m ago | io:NVDA | BUY | $76K | 14.9× | -0.26% | -0.29% | -0.82% |
| 89m ago | xyz:NVDA | SELL | $3.47M | 11.2× | +1.11% | +0.92% | +0.96% |
| 2h ago | io:NVDA | SELL | $135K | 26.9× | +0.36% | +0.64% | +0.53% |
| 2h ago | xyz:NVDA | MIXED | $2.42M | 7.8× | -0.36% | +0.04% | +0.22% |
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 158.15 on trade.xyz, against an oracle of 158.02. 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?
0.00363% per hour on trade.xyz right now (31.8% 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 (0.0291% per 8h).
How closely does the NVDA perp track the underlying?
The trade.xyz mark is 158.15 against an oracle of 158.02, a basis of +8.2 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 · pre-market.