Nasdaq-100 (XYZ100) Perp on Hyperliquid (HIP-3)
Nasdaq-100 (XYZ100) perpetual futures on Hyperliquid's HIP-3 dexes (US indices): live mark vs oracle, hourly funding, open interest against the deployer's cap, and volume spikes.
XYZ100 trades on 1 HIP-3 dex; on trade.xyz the mark is 27,999 against an oracle of 28,004, a basis of -1.8 bps. Funding is 0.00034% per hour (3.0% APR), so longs pay shorts. Open interest is $104.74M, with trade.xyz at 21% of its $1.00B cap, and $435.92M traded in 24 hours. The US market is closed (pre-market) 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 XYZ100 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:XYZ100, scaling the rate Hyperliquid's funding formula would otherwise give.
XYZ100 perp markets on Hyperliquid
US 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:XYZ100growth | 27,999 | 28,004 | -1.8 bps | -0.90% | 0.00034% | 3.0% | ×0.5 | $104.74M | $1.00B | 21% | $435.92M | 30× | 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.
XYZ100 contract history
History for xyz:XYZ100 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:XYZ100Loading chart…
Not recorded Chart: TradingView Lightweight Charts™
Quoted funding rate history
Normalized 8h · hourly × 8Loading chart…
Not recorded Chart: TradingView Lightweight Charts™
xyz:XYZ100 observed funding: last seven completed UTC days
| UTC date | Mean quoted /h | 8h equivalent | Observed hours |
|---|---|---|---|
| 0.00011% | 0.0009% | 24/24 | |
| 0.00038% | 0.0031% | 24/24 | |
| 0.00041% | 0.0033% | 24/24 | |
| -0.00039% | -0.0031% | 24/24 | |
| 0.00047% | 0.0037% | 24/24 | |
| 0.00086% | 0.0069% | 24/24 | |
| 0.00221% | 0.0177% | 24/24 |
Only xyz:XYZ100: 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.
XYZ100 volume spikes
XYZ100 across exchanges →| When | Dex | Side | $ in 1m | × normal | +5m | +15m | +1h |
|---|---|---|---|---|---|---|---|
| 2m ago | xyz:XYZ100 | SELL | $3.20M | 34.0× | — | — | — |
| 5m ago | xyz:XYZ100 | MIXED | $513K | 5.7× | +0.05% | — | — |
| 22m ago | xyz:XYZ100 | BUY | $870K | 11.4× | +0.05% | +0.06% | — |
| 28m ago | xyz:XYZ100 | MIXED | $3.03M | 41.4× | -0.44% | -0.24% | — |
| 31m ago | xyz:XYZ100 | SELL | $413K | 5.6× | -0.39% | -0.27% | — |
| 36m ago | xyz:XYZ100 | BUY | $309K | 4.2× | -0.04% | -0.58% | — |
| 58m ago | xyz:XYZ100 | SELL | $597K | 8.1× | +0.02% | +0.02% | — |
| 69m ago | xyz:XYZ100 | BUY | $2.94M | 39.5× | -0.06% | -0.09% | -0.49% |
| 89m ago | xyz:XYZ100 | SELL | $349K | 4.7× | +0.26% | +0.18% | -0.21% |
| 2h ago | xyz:XYZ100 | SELL | $612K | 8.3× | +0.02% | -0.01% | -0.15% |
| 2h ago | xyz:XYZ100 | SELL | $473K | 6.4× | -0.01% | -0.11% | +0.07% |
Newest first, up to 30. The +5m / +15m / +1h columns show what price did afterwards; they describe the past, not a prediction.
XYZ100 perp FAQ
What is the XYZ100 price on Hyperliquid?
The XYZ100 perp mark is 27,999 on trade.xyz, against an oracle of 28,004. 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 XYZ100 funding rate on Hyperliquid?
0.00034% per hour on trade.xyz right now (3.0% 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 (0.0027% per 8h).
How closely does the XYZ100 perp track the underlying?
The trade.xyz mark is 27,999 against an oracle of 28,004, a basis of -1.8 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). The US market is closed right now, so the deployer maintains the oracle until the open.
Can I trade XYZ100 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 · pre-market.