SKHY perp markets on Hyperliquid
Non-US stocks & indices · by open interest| Dex | Mark | Oracle | Basis | 24h | Funding /h | APR | OI | OI cap | Cap use | 24h vol | Max lev. | Trade |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| trade.xyz xyz:SKHYgrowth | 185.58 | 185.67 | -4.8 bps | -3.18% | -0.00055% | -4.8% | $194.55M | $400.00M | 49% | $25.76M | 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.
SKHY perps elsewhere
same ticker on other venuesSKHY volume spikes
SKHY across exchanges →| When | Dex | Side | $ in 1m | × normal | +5m | +15m | +1h |
|---|---|---|---|---|---|---|---|
| 41m ago | xyz:SKHY | MIXED | $197K | 5.0× | -0.05% | +0.01% | — |
| 47m ago | xyz:SKHY | MIXED | $182K | 4.7× | -0.02% | +0.01% | — |
| 84m ago | xyz:SKHY | BUY | $287K | 4.1× | +0.18% | +0.03% | +0.05% |
Newest first, up to 30. The +5m / +15m / +1h columns show what price did afterwards; they describe the past, not a prediction.
SKHY perp FAQ
What is the SKHY funding rate on Hyperliquid?
-0.00055% per hour on trade.xyz right now (-4.8% 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 (-0.0044% per 8h).
How closely does the SKHY perp track the underlying?
The trade.xyz mark is 185.58 against an oracle of 185.67, a basis of -4.8 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 SKHY open interest cap?
trade.xyz caps xyz:SKHY open interest at $400.00M; $194.55M is in use right now (49%). When a market reaches its cap, orders that would add open interest are rejected until it falls.