Energy Select Sector SPDR (XLE) Perp on Hyperliquid (HIP-3)
Energy Select Sector SPDR (XLE) 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.
XLE trades on 1 HIP-3 dex; on trade.xyz the mark is 63.312 against an oracle of 63.310, a basis of +0.3 bps. Funding is 0.00063% per hour (5.5% APR), so longs pay shorts. Open interest is $693K, with trade.xyz at 6% of its $25.00M cap, and $595K 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 XLE 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:XLE, scaling the rate Hyperliquid's funding formula would otherwise give.
XLE 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:XLEgrowth | 63.312 | 63.310 | +0.3 bps | +1.70% | 0.00063% | 5.5% | ×0.5 | $693K | $25.00M | 6% | $595K | 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.
XLE perps elsewhere
same ticker on other venuesXLE contract history
History for xyz:XLE 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:XLELoading chart…
Not recorded Chart: TradingView Lightweight Charts™
Quoted funding rate history
Normalized 8h · hourly × 8Loading chart…
Not recorded Chart: TradingView Lightweight Charts™
xyz:XLE observed funding: last seven completed UTC days
| UTC date | Mean quoted /h | 8h equivalent | Observed hours |
|---|---|---|---|
| 0.00201% | 0.0161% | 24/24 | |
| 0.00235% | 0.0188% | 24/24 | |
| 0.00344% | 0.0275% | 24/24 | |
| 0.00146% | 0.0117% | 24/24 | |
| 0.00113% | 0.0090% | 24/24 | |
| 0.00233% | 0.0187% | 24/24 | |
| 0.00181% | 0.0145% | 24/24 |
Only xyz:XLE: 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.
XLE volume spikes
XLE across exchanges →No recent XLE volume spikes. Spikes on every Hyperliquid market show on the Hyperliquid pump scanner.
XLE perp FAQ
What is the XLE price on Hyperliquid?
The XLE perp mark is 63.312 on trade.xyz, against an oracle of 63.310. 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 XLE funding rate on Hyperliquid?
0.00063% per hour on trade.xyz right now (5.5% 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 (0.0050% per 8h).
How closely does the XLE perp track the underlying?
The trade.xyz mark is 63.312 against an oracle of 63.310, a basis of +0.3 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). The US market is closed right now, so the deployer maintains the oracle until the open.
Can I trade XLE 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.