According to Hyperinsight monitoring, on July 13, SK Hynix (SKHYNIX) perpetual futures showed significant price divergence across platforms following a sharp decline. Binance reported SKHYNIX at $1,275 (down 13.82% in 24 hours), while Hyperliquid priced it at $1,261.80 (down 14.50%), creating a $13.30 spread with Binance trading at a 1.05% premium.
Mark prices widened the gap further: Binance at $1,273.80 versus Hyperliquid at $1,257.60, a $16.20 difference representing a 1.29% premium. However, reference prices remained aligned, with Binance's index at $1,240.97 and Hyperliquid's oracle price at $1,242.00. Funding rates indicated crowded long positions, with Binance's 8-hour rate at 0.5% and Hyperliquid's hourly rate around 0.0698% (approximately 0.56% annualized), both positive and payable from longs to shorts.