iShares 20+ Year Treasury Bond ETF (TLT) Perp on Hyperliquid (HIP-3)
iShares 20+ Year Treasury Bond ETF (TLT) perpetual futures on Hyperliquid's HIP-3 dexes (ETFs): live mark vs oracle, hourly funding, open interest against the deployer's cap, and volume spikes.
TLT trades on 1 HIP-3 dex; on trade.xyz the mark is 81.208 against an oracle of 81.110, a basis of +12.1 bps. Funding is 0.00441% per hour (38.7% APR), so longs pay shorts. Open interest is $3.41M, with trade.xyz at 27% of its $25.00M cap, and $824K traded in 24 hours. The US market is closed (after hours) until Thu 09:30 ET, so the deployer maintains the oracle and the basis is not a live arbitrage reference until then.
Market health
no active flags- ✓No flagsAvailable data: No TLT 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:TLT, scaling the rate Hyperliquid's funding formula would otherwise give.
TLT perp markets on Hyperliquid
ETFs · 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:TLTgrowth | 81.208 | 81.110 | +12.1 bps | +0.72% | 0.00441% | 38.7% | ×0.5 | $3.41M | $25.00M | 27% | $824K | 20× | 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.
TLT perps elsewhere
same ticker on other venuesTLT contract history
History for xyz:TLT 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:TLTLoading chart…
Not recorded Chart: TradingView Lightweight Charts™
Quoted funding rate history
Normalized 8h · hourly × 8Loading chart…
Not recorded Chart: TradingView Lightweight Charts™
xyz:TLT observed funding: last seven completed UTC days
| UTC date | Mean quoted /h | 8h equivalent | Observed hours |
|---|---|---|---|
| -0.00043% | -0.0034% | 24/24 | |
| 0.00081% | 0.0065% | 24/24 | |
| 0.00283% | 0.0227% | 24/24 | |
| 0.00138% | 0.0110% | 24/24 | |
| 0.01082% | 0.0865% | 24/24 | |
| 0.00654% | 0.0523% | 24/24 | |
| 0.00259% | 0.0208% | 24/24 |
Only xyz:TLT: 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.
TLT volume spikes
TLT across exchanges →No recent TLT volume spikes. Spikes on every Hyperliquid market show on the Hyperliquid pump scanner.
TLT perp FAQ
What is the TLT price on Hyperliquid?
The TLT perp mark is 81.208 on trade.xyz, against an oracle of 81.110. 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 TLT funding rate on Hyperliquid?
0.00441% per hour on trade.xyz right now (38.7% 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 (0.0353% per 8h).
How closely does the TLT perp track the underlying?
The trade.xyz mark is 81.208 against an oracle of 81.110, a basis of +12.1 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.
Can I trade TLT 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 · after hours.