The Roundhill Neocloud ETF (NCLD) perpetual on Hyperliquid trades at $13.04, 0.7% lower than 24 hours ago, as of . Hyperliquid trades it as a perpetual contract, so a position is a price bet with leverage, not shares of the fund.
Longs pay shorts
The venue's specification gives Monday 9:30 AM to Friday 4:00 PM ET as the outside price hours for NCLD, a narrower window than the 24/5 one it gives most US stocks. The Hyperliquid perpetual does not stop at the close.
Schedule and pricing rules from trade[XYZ]'s documentation, read 2026-11-03. The venue can change them. Sources: US stock pricing, How the oracle price works, Holiday closures, Contract specifications.
Read 2026-11-09 11:32 UTC from Hyperliquid (market xyz:NCLD).
The venue's specification gives Monday 9:30 AM to Friday 4:00 PM ET as the outside price hours for NCLD. Outside that window, every weekend included, Hyperliquid traders set the perpetual's price.
trade[XYZ]'s specification index, read 2026-11-03, says: "NCLD references 1 share of the Roundhill Neocloud ETF (Nasdaq: NCLD), quoted in USD. The actively managed fund invests in neocloud companies, including GPU-as-a-Service platforms and data centers built for AI and high-performance computing."
Hyperliquid lists a perpetual contract on Roundhill Neocloud ETF (NCLD). It follows the fund's price, so you get leveraged price exposure, not fund shares or distributions. Whether you can trade it depends on where you live, and AlphaYou shows research only in the US and Ontario.
The NCLD funding rate was 0.0111% per hour (about 97.6% a year) when read on . Longs pay shorts. Funding is a payment between longs and shorts every hour, not a fee paid to Hyperliquid, and it moves as the perpetual's price drifts from the market it follows.
Open interest in the NCLD perpetual was $281K and trading volume over the last 24 hours was $158K, with leverage up to 10x, read on .
No. It reports where the perpetual traded at one moment, and it can move in either direction. This page is research, not investment advice.
Prices were read from Hyperliquid on and the page refreshes about every hour. Hyperliquid's own market page is the live source.