SOFTBANK 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:SOFTBANKgrowth | 39.301 | 39.292 | +2.3 bps | -0.08% | 0.00559% | 48.9% | $2.75M | $25.00M | 11% | $41K | 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.
SOFTBANK perps elsewhere
same ticker on other venues| Market | Price | Funding /h | APR | OI | 24h vol | Trade |
|---|---|---|---|---|---|---|
| HTX SOFTBANK-USDT | 39.142 | 0.00000% | 0.0% | $5,519 | $171K | Trade |
SOFTBANK volume spikes
SOFTBANK across exchanges →No SOFTBANK volume spikes recorded since the server started. Spikes on every Hyperliquid market show on the Hyperliquid pump scanner.
SOFTBANK perp FAQ
What is the SOFTBANK funding rate on Hyperliquid?
0.00559% per hour on trade.xyz right now (48.9% 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 (0.0447% per 8h).
How closely does the SOFTBANK perp track the underlying?
The trade.xyz mark is 39.301 against an oracle of 39.292, a basis of +2.3 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 SOFTBANK open interest cap?
trade.xyz caps xyz:SOFTBANK open interest at $25.00M; $2.75M is in use right now (11%). When a market reaches its cap, orders that would add open interest are rejected until it falls.