OAI Perp on Hyperliquid (HIP-3)
OAI perpetual futures on Hyperliquid's HIP-3 dexes (Pre-IPO): live mark vs oracle, hourly funding, open interest against the deployer's cap, and volume spikes.
OAI trades on 1 HIP-3 dex; on EntropyIO the mark is 1,330.9 against an oracle of 1,328.5, a basis of +18.1 bps. Funding is 0.00153% per hour (13.4% APR), so longs pay shorts. Open interest is $3.83M, with EntropyIO at 64% of its $12.00M cap, and $1.84M traded in 24 hours.
Market health
no active flags- ✓No flagsAvailable data: No OAI 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
EntropyIOFunding multiplier ×0.125. EntropyIO applies a funding multiplier of ×0.125 to io:OAI, scaling the rate Hyperliquid's funding formula would otherwise give.
OAI perp markets on Hyperliquid
Pre-IPO · by open interest| Dex | Mark | Oracle | Basis | 24h | Funding /h | APR | Funding × | OI | OI cap | Cap use | 24h vol | Max lev. | Trade |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EntropyIO io:OAIgrowth | 1,330.9 | 1,328.5 | +18.1 bps | -1.38% | 0.00153% | 13.4% | ×0.125 | $3.83M | $12.00M | 64% | $1.84M | 6× | Trade |
Funding is Hyperliquid's hourly rate (APR = hourly × 24 × 365). Basis is the mark against the deployer's oracle. Trade links go to the exchange and may be referral links.
OAI contract history
History for io:OAI 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
io:OAILoading chart…
Not recorded Chart: TradingView Lightweight Charts™
Quoted funding rate history
Normalized 8h · hourly × 8Loading chart…
Not recorded Chart: TradingView Lightweight Charts™
io:OAI observed funding: last seven completed UTC days
| UTC date | Mean quoted /h | 8h equivalent | Observed hours |
|---|---|---|---|
| 0.00208% | 0.0166% | 24/24 | |
| 0.00158% | 0.0126% | 24/24 | |
| 0.00102% | 0.0081% | 24/24 | |
| 0.00060% | 0.0048% | 24/24 | |
| 0.00124% | 0.0099% | 24/24 | |
| 0.00125% | 0.0100% | 24/24 | |
| 0.00122% | 0.0098% | 24/24 |
Only io:OAI: 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.
OAI volume spikes
OAI across exchanges →No recent OAI volume spikes. Spikes on every Hyperliquid market show on the Hyperliquid pump scanner.
OAI perp FAQ
What is the OAI price on Hyperliquid?
The OAI perp mark is 1,330.9 on EntropyIO, against an oracle of 1,328.5. 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 OAI funding rate on Hyperliquid?
0.00153% per hour on EntropyIO right now (13.4% 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 (0.0122% per 8h).
How closely does the OAI perp track the underlying?
The EntropyIO mark is 1,330.9 against an oracle of 1,328.5, a basis of +18.1 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).
What is the OAI open interest cap?
EntropyIO caps io:OAI open interest at $12.00M, measured the way Hyperliquid counts it (long and short sides together); 64% of the cap is in use right now. When a market reaches its cap, orders that would add open interest are rejected until it falls.