SK Hynix (SKHX) Perp on Hyperliquid (HIP-3)
SK Hynix (SKHX) perpetual futures on Hyperliquid's HIP-3 dexes (Non-US stocks & indices): live mark vs oracle, hourly funding, open interest against the deployer's cap, and volume spikes.
SKHX trades on 2 HIP-3 dexes; on trade.xyz the mark is 922.11 against an oracle of 924.01, a basis of -20.6 bps. Funding is -0.03824% per hour (-335.0% APR), so shorts pay longs. Open interest is $145.59M, with trade.xyz at 29% of its $1.00B cap, and $400.56M traded in 24 hours.
Market health
no active flags- ✓No flagsAvailable data: No SKHX 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:SKHX, scaling the rate Hyperliquid's funding formula would otherwise give.
SKHX perp markets on Hyperliquid
Non-US stocks & indices · 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:SKHXgrowth | 922.11 | 924.01 | -20.6 bps | -4.44% | -0.03824% | -335.0% | ×0.5 | $145.55M | $1.00B | 29% | $399.73M | 10× | Trade |
| EntropyIO io:SKHXgrowth | 922.23 | 923.43 | -13.0 bps | -4.49% | -0.01676% | -146.8% | ×0.5 | $41K | $10.00M | 1% | $832K | 15× | 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.
SKHX contract history
History for xyz:SKHX 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:SKHXLoading chart…
Not recorded Chart: TradingView Lightweight Charts™
Quoted funding rate history
Normalized 8h · hourly × 8Loading chart…
Not recorded Chart: TradingView Lightweight Charts™
xyz:SKHX observed funding: last seven completed UTC days
| UTC date | Mean quoted /h | 8h equivalent | Observed hours |
|---|---|---|---|
| 0.00123% | 0.0098% | 24/24 | |
| 0.00576% | 0.0461% | 24/24 | |
| 0.02105% | 0.1684% | 24/24 | |
| -0.00366% | -0.0293% | 24/24 | |
| 0.00195% | 0.0156% | 24/24 | |
| 0.00691% | 0.0553% | 24/24 | |
| -0.01362% | -0.1090% | 24/24 |
Only xyz:SKHX: 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.
SKHX volume spikes
SKHX across exchanges →| When | Dex | Side | $ in 1m | × normal | +5m | +15m | +1h |
|---|---|---|---|---|---|---|---|
| 3m ago | xyz:SKHX | SELL | $2.40M | 22.5× | — | — | — |
| 9m ago | xyz:SKHX | BUY | $546K | 7.3× | +0.32% | — | — |
| 18m ago | xyz:SKHX | BUY | $1.61M | 23.5× | +0.31% | +0.68% | — |
| 26m ago | xyz:SKHX | MIXED | $970K | 14.5× | -0.48% | +0.12% | — |
| 31m ago | xyz:SKHX | SELL | $1.19M | 18.0× | -0.91% | -1.00% | — |
| 62m ago | xyz:SKHX | SELL | $359K | 4.8× | -0.20% | -0.26% | -0.86% |
| 85m ago | xyz:SKHX | SELL | $770K | 10.3× | -0.04% | -0.66% | -2.18% |
| 2h ago | xyz:SKHX | SELL | $395K | 5.9× | -0.02% | +0.61% | -0.36% |
Newest first, up to 30. The +5m / +15m / +1h columns show what price did afterwards; they describe the past, not a prediction.
SKHX perp FAQ
What is the SKHX price on Hyperliquid?
The SKHX perp mark is 922.11 on trade.xyz, against an oracle of 924.01. 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 SKHX funding rate on Hyperliquid?
-0.03824% per hour on trade.xyz right now (-335.0% 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 (-0.3059% per 8h).
How closely does the SKHX perp track the underlying?
The trade.xyz mark is 922.11 against an oracle of 924.01, a basis of -20.6 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 SKHX open interest cap?
trade.xyz caps xyz:SKHX open interest at $1.00B, measured the way Hyperliquid counts it (long and short sides together); 29% 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.