SK Hynix (SKHYNIX) Perpetual Futures

The open-interest-weighted SKHYNIX funding rate is +0.0272% per 8 hours, or +29.74% annualised. Positive funding means longs pay shorts. Across exchanges it ranges from -0.0292% on HTX to +0.0946% on OKX. Compare all funding rates.

SK Hynix is a South Korean semiconductor company that makes memory chips, including DRAM, NAND flash and high-bandwidth memory. It is part of SK Group and its shares are listed on the Korea Exchange. Demand from AI data centres has made it one of the most watched chip stocks in Asia.

No. SKHYNIX perps are crypto-settled derivatives that track the share price, with profits and losses paid in stablecoins. They carry no voting rights, dividends or shareholder claims, and the contract can drift from the stock while the Korea Exchange is closed.

The perp keeps trading 24/7 while the Korea Exchange is shut overnight, at weekends and on Korean public holidays. Without a live share price, it reflects traders' expectations, and any gap closes when the exchange reopens. Positions held over a weekend carry the risk of a sharp reprice at the Seoul open.

Memory chip prices, demand for high-bandwidth memory from AI chip makers such as Nvidia, and quarterly earnings are the main drivers. Moves in other chip stocks, the Korean won and spending plans from large cloud companies also matter. Traders often watch MU perps as a read on the same memory cycle.

SKHYNIX perpetual futures are derivatives contracts that track the price of SK Hynix and never expire. They settle in crypto, usually USDT or USDC, so you get long or short price exposure with leverage without owning shares. A funding rate keeps the contract close to the reference price.

Funding is a payment between longs and shorts. When SKHYNIX perps trade above the reference price, funding is positive and longs pay shorts. When they trade below it, shorts pay longs. Most exchanges settle every 8 hours and some, including Hyperliquid, settle every hour.

SKHYNIX perps trade on 8 tracked exchanges. By volume the largest are Binance, OKX and MEXC. Compare fees and features on the best perpetual exchanges.

Coinperps does not give trading advice. Funding, open interest, the long/short ratio and liquidations show how other traders are positioned, but crowded positioning can last longer than expected. Size positions so a liquidation would not hurt you.