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SHAZ Perp on Hyperliquid (HIP-3)

SHAZ 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.

SHAZ trades on 1 HIP-3 dex; on trade.xyz the mark is 55.307 against an oracle of 55.197, a basis of +19.9 bps. Funding is 0.00953% per hour (83.5% APR), so longs pay shorts. Open interest is $565K, with trade.xyz at 2% of its $25.00M cap, and $20K 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 19:11 UTC

Marktrade.xyz
55.307
Oracle 55.197+19.9 bps
Funding per hour
0.00953%
83.5% APRlongs pay shorts
Open interest
$565K
2% of $25.00M cap
24h volumeUS closed
$20K
+0.42% 24hopens Mon 09:30 ET

SHAZ 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:SHAZgrowth 55.307 55.197 +19.9 bps +0.42% 0.00953% 83.5% $565K $25.00M 2% $20K 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.

SHAZ perps elsewhere

same ticker on other venues
MarketPriceFunding /hAPROI24h volTrade
Bybit SHAZUSDT 55.410 0.00000% 0.0% $68K $7,850 Trade
HTX SHAZ-USDT 55.461 0.00000% 0.0% $6,197 $56K Trade

SHAZ volume spikes

SHAZ across exchanges →

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

SHAZ perp FAQ

What is the SHAZ funding rate on Hyperliquid?

0.00953% per hour on trade.xyz right now (83.5% 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 (0.0763% per 8h).

How closely does the SHAZ perp track the underlying?

The trade.xyz mark is 55.307 against an oracle of 55.197, a basis of +19.9 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 SHAZ open interest cap?

trade.xyz caps xyz:SHAZ open interest at $25.00M; $565K is in use right now (2%). When a market reaches its cap, orders that would add open interest are rejected until it falls.

Can I trade SHAZ 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.