Woofun AI data shows that SK Hynix perpetual contracts experienced significant price divergence following a sharp decline. On Binance, the SKHYNIX contract traded at $1275, while Hyperliquid priced it at approximately $1261.80, creating a $13.30 spread with Binance holding a 1.05% premium. Using mark prices, the gap widened to $16.20, with Binance at $1273.80 and Hyperliquid at $1257.60. Despite this trading disparity, reference prices remained aligned, with Binance's index at $1240.97 and Hyperliquid's oracle at $1242.00. Funding rates signaled crowded long positions, rising to 0.5% on Binance and approximately 0.56% on an eight-hour basis for Hyperliquid, with longs paying shorts on both platforms.