SKHX on Trade.XYZ — funding rate, open interest and liquidation levels

Snapshot , refreshed hourly · Trade.XYZ · rank #2 of 104 by 24h volume

Mark price
$1,354.90
24h change
-3.88%
24h volume
$384.65M
Open interest
$391.21M
Funding / hour
-0.01026%
Funding APR
-89.9%
OI / volume
1.02
Max leverage
10x

What the numbers say

SKHX perpetuals trade at $1,354.90 on Trade.XYZ, a HIP-3 builder dex on Hyperliquid, down +3.88% over the last 24 hours. The market turned over $384.65M of notional in that window, which ranks it #2 of the 104 markets listed on Trade.XYZ. Maximum leverage is 10x.

Open interest stands at $391.21M against $384.65M of 24-hour volume, an open-interest-to-volume ratio of 1.02. Open interest and daily turnover are roughly in balance, the profile of a market where most positions are opened and closed inside the same session.

Funding prints -0.01026% per hour (-0.246% per day, -89.9% annualised), so shorts pay longs. An annualised -89.9% is an expensive carry: it is the level at which the funding leg alone, not the direction, decides whether a held position makes money.

Applying the Buildix leverage distribution to $391.21M of open interest puts the tightest liquidation band at $1,336.83 for longs and $1,372.97 for shorts, 1.3% either side of the mark. A 5% drop from here would take an estimated $39.12M of long exposure into liquidation range; a 5% rally would do the same to about $39.12M of shorts. These are modelled clusters from open interest, not per-wallet liquidation prices — the live deep view fuses them with the real on-chain whale levels.

Cost of carry on a $10,000 SKHX position

At -0.01026% per hour, holding $10,000 of notional costs a short the amounts below, assuming funding stays where it is. Hyperliquid settles every hour, so the rate can move before the position does.

Holding periodFunding paid% of notional
1 hour$1.030.0103%
8 hours$8.210.0821%
24 hours$24.620.2462%
7 days$172.371.7237%

Estimated liquidation clusters

Hyperliquid does not publish per-wallet liquidation prices, so these bands come from the Buildix leverage model: $391.21M of open interest spread over the leverage distribution the platform uses everywhere else, split evenly between longs and shorts. Read them as where forced flow becomes likely, not as a promise that it happens.

LeverageLong liq.Short liq.DistanceSize / side
75x$1,336.83$1,372.971.3%$9.78M
37.5x$1,318.77$1,391.032.7%$29.34M
17.5x$1,277.48$1,432.325.7%$58.68M
7.5x$1,174.25$1,535.5513.3%$97.80M

Cascade estimate: a 5% move down puts about $39.12M of long exposure in range, a 5% move up about $39.12M of shorts.

Want the live SKHX orderflow behind these numbers?

The deep view streams CVD, order book imbalance, VPIN, the footprint chart and the on-chain liquidation heatmap for SKHX in real time. This page stays public; the terminal is where an account starts.

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FAQ

What is the current SKHX funding rate on Trade.XYZ?

SKHX funding is -0.01026% per hour, which works out to -0.246% per day and -89.9% annualised. Shorts pay longs at that rate. Hyperliquid settles funding every hour, so the figure updates hourly.

How much open interest does SKHX have?

Open interest on SKHX is $391.21M, against $384.65M of notional traded in the last 24 hours — an open-interest-to-volume ratio of 1.02.

Where are the SKHX liquidation levels?

The tightest modelled cluster sits at $1,336.83 for longs and $1,372.97 for shorts, about 1.3% from the $1,354.90 mark. A 5% move down would put roughly $39.12M of longs in range and a 5% move up roughly $39.12M of shorts. These are estimates derived from open interest and a leverage distribution, not per-wallet data.

Is this SKHX data free?

Yes. This page is public and needs no account, and Buildix runs a free screener to start across 530+ Hyperliquid pairs. The live SKHX deep view — orderflow, CVD, VPIN, footprint and the on-chain liquidation heatmap — is the part that asks you to sign in.

Price, funding, open interest and 24-hour volume are read from Hyperliquid's own metaAndAssetCtxs feed, cached by Buildix and refreshed on this page every hour. Liquidation bands are modelled from open interest, not observed positions. Nothing here is financial advice.