Chaconne

Spot-Perp Basis

Basis between Hyperliquid (trade.xyz) stock-perp mark price and our spot fair value = (perp − spot)/spot. Positive = perp premium (longs pay); negative = discount. For pros, not advice.

SymbolPerp markSpot fairBasisFunding (APR)
CRWVxyz:CRWV$53.82$54.50-1.25%+5.5%
NBISxyz:NBIS$153.51$155.19-1.08%+23.2%
SNAPxyz:SNAP$5.29$5.33-0.84%0.0%
AMATxyz:AMAT$387.43$390.24-0.72%+1.0%
USARxyz:USAR$9.60$9.67-0.72%+5.5%
MSTRxyz:MSTR$133.13$134.01-0.66%+16.7%
BBxyz:BB$8.42$8.47-0.64%+25.7%
BExyz:BE$200.53$201.81-0.63%+5.5%
MUxyz:MU$878.44$883.98-0.63%+17.9%
BMNRxyz:BMNR$20.19$20.32-0.63%+35.6%
SKHYxyz:SKHY$148.57$149.50-0.62%+0.2%
RKLBxyz:RKLB$54.69$55.02-0.61%+5.5%
QCOMxyz:QCOM$164.01$164.99-0.59%+5.5%
LITExyz:LITE$816.98$821.86-0.59%+14.7%
RIVNxyz:RIVN$11.96$12.03-0.58%+5.5%
WDCxyz:WDC$364.97$367.11-0.58%+5.5%
SMHxyz:SMH$519.77$522.72-0.56%+5.5%
AMDxyz:AMD$501.48$504.30-0.56%+5.5%
INTCxyz:INTC$64.51$64.87-0.55%+37.3%
AAOIxyz:AAOI$67.13$67.49-0.54%+21.4%
MRVLxyz:MRVL$195.50$196.57-0.54%+26.4%
DELLxyz:DELL$419.37$421.44-0.49%+5.5%
CRCLxyz:CRCL$72.39$72.74-0.48%+51.9%
SNDKxyz:SNDK$1,159.80$1,165.35-0.48%+41.8%
LRCXxyz:LRCX$236.49$237.60-0.47%+5.5%
PLTRxyz:PLTR$185.67$186.47-0.43%-2.7%
NVDAxyz:NVDA$204.03$204.92-0.43%+5.5%
GEVxyz:GEV$860.61$864.19-0.41%+5.2%
SPCXxyz:SPCX$137.78$138.33-0.40%+20.8%
HIMSxyz:HIMS$27.29$27.40-0.39%+45.9%
ORCLxyz:ORCL$131.31$131.82-0.39%+5.5%
HOODxyz:HOOD$83.53$83.85-0.38%+5.5%
TSMxyz:TSM$405.90$407.33-0.35%+27.9%
NUxyz:NU$11.69$11.72-0.30%0.0%
COINxyz:COIN$139.82$140.22-0.29%+24.4%
AMZNxyz:AMZN$239.30$239.98-0.28%+5.5%
IBMxyz:IBM$256.16$256.85-0.27%+5.5%
ZMxyz:ZM$94.52$94.75-0.24%+5.5%
TSLAxyz:TSLA$399.62$400.49-0.22%+5.5%
STRCxyz:STRC$98.47$98.67-0.21%-113.3%

Source: Hyperliquid public API · updated every 2 min · funding APR = hourly × 8760 · click a row for hourly basis history

How these numbers are calculated: methodology →