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Guide

How to watch stock perps on Hyperliquid

Add the Tokenized stocks widget. Each row puts the Hyperliquid stock perp next to the cash stock and its xStocks token, with the perp price, open interest, funding as an APR and the basis against the cash price. Watch the basis. Once the regular session closes at 16:00 New York time, the perp keeps trading through the night and the weekend, while the Yahoo price stays at the close.

Step by step

  1. 1

    Add the comparison

    You only need the one widget here. It is listed as Tokenized in the Markets group of the Add panel.

  2. 2

    Choose symbols

    Select the widget and switch on the tickers you follow. Seven of the eight have a perp. SPY is the odd one out: its perp columns read n/a, because the trade.xyz markets Cashboard reads have no perp named SPY.

  3. 3

    Read the perp columns

    HL perp is the Hyperliquid price. Perp basis is the perp over the cash price in percent. Funding APR annualizes the current hourly rate, and open interest sits under the symbol.

  4. 4

    Watch the weekend

    From Friday's close to Monday's open the cash price does not move, so the basis becomes a rough read of where perp traders expect the stock to open.

  5. 5

    Open the market

    Hover a row for a link to that perp on Hyperliquid. The desktop app opens it inside the board as a web widget. The browser version opens a new tab.

  6. 6

    Practice on the stock

    Paper trading simulates the stock itself at 1x against Yahoo quotes. Its perp list covers Hyperliquid crypto markets, not the stock perps.

Tips

  • Funding APR assumes the current hourly rate holds for a year. It never does, so treat a big weekend figure as a snapshot.
  • Yahoo quotes can trail the exchange, so judge the basis over a few minutes of readings.
  • For stock perps beyond these eight tickers, add Hyperliquid markets and click HIP-3. It ranks the markets of every builder dex by 24h volume and names the dex on each row.
  • If you track weekend gaps every week, write Friday's close in a Note next to the widget.

Widgets used

Terms in this guide

Frequently asked questions

What is HIP-3 on Hyperliquid?

HIP-3 lets outside builders deploy their own perp markets on Hyperliquid by staking 500,000 HYPE as a bond. It went live on mainnet on October 13, 2025. The Tokenized stocks widget reads the stock perps deployed by trade.xyz (the xyz markets), and the HIP-3 view of Hyperliquid markets ranks live markets from every builder dex by 24h volume, all from Hyperliquid's public API.

Can I trade stock perps through Cashboard?

No. Cashboard is not a broker or an exchange and has no order ticket for perps. It shows prices, and the row link takes you to Hyperliquid if you want to trade there yourself.

Last reviewed . Market data in Cashboard comes from the providers named on each widget and may be delayed. Nothing here is financial advice.