Daily brief / 2026-11-04 / US open

US open: stock perps on Hyperliquid, November 4, 2026

As of 09:27 ET (14:27 UTC), 3 minutes before the New York open, Hyperliquid's stock and index perps on trade.xyz hold $3.2B in open interest across 109 markets, and the S&P 500 perp trades at 7,657, +1.48% in 24h.

Stock perps OI
$3.2B
109 markets on trade.xyz
Stock perps 24h volume
$4.6B
1.43× open interest
S&P 500 perp
7,657
+1.48% in 24h

The tape before the bell

The 12 most-traded stock and index perps on trade.xyz. They trade 24/7, so the move outside market hours is already in the price. Funding is per hour; positive means longs pay.

MarketPerp24hSince closeFunding /hOpen interest24h volume
SP500$7,657+1.48%+1.20%-0.00037%$397.8M$708.6M 1.8×
XYZ100$28,352+0.74%+0.59%+0.00082%$284.0M$545.9M 1.9×
SKHX$1,034-3.27%-3.40%-0.00954%$291.7M$419.0M 1.4×
SOXL$71.19-4.29%-2.17%+0.00497%$36.0M$322.6M 9.0×
SNDK$1,090-2.12%-3.15%+0.00569%$202.2M$294.8M 1.5×
SPCX$132.79-3.38%-6.56%+0.00342%$170.9M$266.0M 1.6×
NVDA$205.03-0.91%-1.20%+0.00201%$71.6M$250.8M 3.5×
AMD$493.59+2.21%+1.84%+0.00181%$20.9M$162.4M 7.8×
MU$832.33-3.49%-2.85%+0.00349%$115.5M$149.5M 1.3×
SKHY$146.94-3.33%-3.09%+0.00087%$108.6M$110.9M 1.0×
TSLA$378.80-6.74%-4.80%+0.00063%$45.6M$108.6M 2.4×
GOOGL$283.05+0.93%+0.98%+0.00063%$278.9M$107.6M 0.4×

What stands out

Whales in stock perps

MarketWhales longWhales shortNet
GOOGL$2.7M$78.2M−$75.6M
SNDK$1.5M$46.2M−$44.8M
META$254.5K$40.5M−$40.2M
SP500$26.3M$13.5M+$12.8M
SKHY$35.2M$258.5K+$34.9M
XYZ100$350.6K$31.8M−$31.5M
INTC$966.7K$30.4M−$29.4M
SKHX$0$28.7M−$28.7M

Where whale liquidations sit

MarketSideLiquidation priceDistanceNotional
LLYSHORTS1,587+9.9%$425.6K
BABASHORTS116.58+10.8%$166.5K
CXMTSHORTS7.36+12.1%$289.3K
AMDLONGS426.52−13.6%$247.7K
GMESHORTS27.76+14.1%$106.2K
NBISSHORTS168.64+14.5%$518.2K
KIOXIALONGS56.12−15.1%$54.4K
AVGOSHORTS379.93+15.7%$294.6K

Whale moves since the last close

MarketWalletMoveSize
SNDK0x0242…ffa1added to SHORT$13.3M → $18.1M
GOOGL0xfc66…ca06cut SHORT$15.3M → $12.5M
XYZ1000xfc66…ca06added to SHORT$10.8M → $14.3M
SKHX0x0242…ffa1cut SHORT$14.1M → $11.6M
SP5000xecb6…2b00added to SHORT$4.8M → $13.5M
SPCX0x0242…ffa1cut SHORT$13.0M → $10.7M
INTC0x0242…ffa1cut SHORT$12.0M → $10.7M
MU0x0242…ffa1added to SHORT$2.3M → $8.7M
SKHX0x4c78…2444added to SHORT$6.2M → $8.4M
DRAM0x0242…ffa1cut SHORT$7.6M → $6.1M
SKHY0x0242…ffa1added to LONG$5.5M → $7.4M
SKHX0xd1dd…9e85cut SHORT$7.1M → $1.3M

And 164 smaller moves.

Positions read on trade.xyz at 14:27 UTC from 40 of the 40 top Hyperliquid traders by 30-day PnL that WhaleTape tracks. Positions under $50K are left out.

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All briefs

Facts from public Hyperliquid data, assembled by rule at 14:27 UTC. WhaleTape does not recommend buying or selling any security or perp. Not investment advice.