Woofun AI data shows that SK Hynix ADR (SKHX) on Hyperliquid trades at $1,291.90, maintaining a 25.76% premium over the underlying Korean stock (SKHY) priced at $162.47. This disparity drives basis trading strategies, pushing the SKHX hourly funding rate to +0.0459% while SKHY sits at -0.0050%.

Trader "yixie" holds the largest long position with 10,025.3 SKHX tokens valued at $12.952 million using 2x isolated leverage. With an average entry of $1,461.815, the position faces a paper loss of $1.703 million and a liquidation price of $804.50. The trader has paid $481,000 in cumulative funding fees, including $157,000 yesterday, with current costs estimated at $5,890 per hour.