OTHERS Perp on Hyperliquid (HIP-3)
OTHERS perpetual futures on Hyperliquid's HIP-3 dexes (Crypto indices): live mark vs oracle, hourly funding, open interest against the deployer's cap, and volume spikes.
OTHERS trades on 1 HIP-3 dex; on Paragon the mark is 166.07 against an oracle of 166.04, a basis of +1.8 bps. Funding is -0.01735% per hour (-152.0% APR), so shorts pay longs. Open interest is $303K, with Paragon at 12% of its $5.00M cap, and $1.94M traded in 24 hours.
Market health
no active flags- ✓No flagsAvailable data: No OTHERS 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
ParagonFunding multiplier ×0.6. Paragon applies a funding multiplier of ×0.6 to para:OTHERS, scaling the rate Hyperliquid's funding formula would otherwise give.
OTHERS perp markets on Hyperliquid
Crypto indices · by open interest| Dex | Mark | Oracle | Basis | 24h | Funding /h | APR | Funding × | OI | OI cap | Cap use | 24h vol | Max lev. | Trade |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Paragon para:OTHERS | 166.07 | 166.04 | +1.8 bps | -3.02% | -0.01735% | -152.0% | ×0.6 | $303K | $5.00M | 12% | $1.94M | 10× | 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.
OTHERS contract history
History for para:OTHERS 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
para:OTHERSLoading chart…
Not recorded Chart: TradingView Lightweight Charts™
Quoted funding rate history
Normalized 8h · hourly × 8Loading chart…
Not recorded Chart: TradingView Lightweight Charts™
para:OTHERS observed funding: last seven completed UTC days
| UTC date | Mean quoted /h | 8h equivalent | Observed hours |
|---|---|---|---|
| -0.01399% | -0.1119% | 24/24 | |
| -0.00079% | -0.0063% | 24/24 | |
| -0.00110% | -0.0088% | 24/24 | |
| -0.00180% | -0.0144% | 24/24 | |
| -0.01673% | -0.1338% | 24/24 | |
| -0.00292% | -0.0234% | 24/24 | |
| 0.00018% | 0.0014% | 24/24 |
Only para:OTHERS: 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.
OTHERS volume spikes
OTHERS across exchanges →| When | Dex | Side | $ in 1m | × normal | +5m | +15m | +1h |
|---|---|---|---|---|---|---|---|
| 44m ago | para:OTHERS | SELL | $207K | 883.6× | -0.63% | -1.11% | — |
Newest first, up to 30. The +5m / +15m / +1h columns show what price did afterwards; they describe the past, not a prediction.
OTHERS perp FAQ
What is the OTHERS price on Hyperliquid?
The OTHERS perp mark is 166.07 on Paragon, against an oracle of 166.04. 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 OTHERS funding rate on Hyperliquid?
-0.01735% per hour on Paragon right now (-152.0% APR), so shorts pay longs. Hyperliquid settles funding every hour, so multiply by 8 to compare with an 8-hour rate on Binance or Bybit (-0.1388% per 8h).
How closely does the OTHERS perp track the underlying?
The Paragon mark is 166.07 against an oracle of 166.04, a basis of +1.8 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 OTHERS open interest cap?
Paragon caps para:OTHERS open interest at $5.00M, measured the way Hyperliquid counts it (long and short sides together); 12% 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.