HYPERBASIS HyperBasis Terminal Guide API Pricing Swagger Docs

What is HyperBasis?

HyperBasis is the institutional data layer for Hyperliquid real-world assets (RWA) — a cross-market intelligence system that fuses Hyperliquid perpetual pricing with real-time TradFi reference data, delivered through the HyperBasis Terminal and a developer API.

1. The problem HyperBasis solves

Hyperliquid lists perpetual contracts on real-world assets: US mega-cap equities, semiconductors, FX pairs, commodities, indices and APAC names. These perps trade 24/7, while their underlying TradFi references trade on exchange hours. Traders and researchers need to answer, continuously: is the Hyperliquid price dislocated from the real market, by how much, and is that dislocation tradeable? Before HyperBasis, that required stitching together Hyperliquid endpoints, multiple TradFi data vendors, funding snapshots, whale address pools and liquidation feeds by hand. HyperBasis does all of it in one place, with staleness guards and honest data-quality flags.

2. What HyperBasis is

HyperBasis is a data product with three delivery surfaces:

HyperBasis Terminal — a browser-based professional terminal (terminal.hyperbasis.uk) with 15 functional pages: cross-market arbitrage screener, world market map, asset profiles, large-trade flow, portfolio monitor, mean-reversion monitor, overnight dislocation, quant backtest, statistical analytics, economic calendar, microstructure feed, risk-flag feed, data-quality page, system diagnostics and account/billing.
REST API + WebSocket — 45 endpoints covering deviation, funding, open interest, capacity, whale positions, liquidation maps, microstructure, backtesting, analytics, webhooks and billing, with tiered rate limits and credit-based metering.
Licensable data asset — the underlying database (90-day 5-minute deviation history, multi-year minute-resolution TradFi reference series, funding snapshots, whale flow) is licensable for quantitative research under the HyperBasis Data License Agreement.

3. What makes the data different

3.1 Cross-market fusion

Every signal pairs the Hyperliquid market against its TradFi reference. For example, Hyperliquid's xyz:TSLA perpetual is compared against the real TSLA price, adjusted where needed by the ADR ratio for quote-scale normalization. The deviation is published every 90 seconds with the exact TradFi quote timestamp attached.

3.2 Staleness guards

A deviation is only meaningful if the TradFi quote is fresh. HyperBasis attaches a per-quote timestamp and flags any deviation whose TradFi leg is older than 5 minutes as TRADFI_STALE, so stale prices can never masquerade as live signals.

3.3 Honest coverage accounting

HyperBasis audits its own history against a 95% coverage standard per 90-day window and publishes the result. As of the latest collection, the tradable universe averages above 95% coverage. Assets that never traded on Hyperliquid (zero-volume instruments) are shown as N/A, never as fabricated data.

4. Product tiers

Tier	Data depth	Latency	Terminal	API
Research (Free)	90-day history	5-minute delayed	Core pages	100 calls/day
Professional (PRO)	2-year minute history	90-second real-time loop	All 15 pages	10,000 calls/day
Enterprise	Full history + 1-minute intraday	Sub-second WebSocket	All pages + exports	Unlimited + dedicated keys

5. Who HyperBasis is for

Quantitative researchers building statistical-arbitrage models across Hyperliquid and TradFi markets.
Prop desks and market makers needing real-time dislocations, funding and capacity data for execution decisions.
Risk teams monitoring whale flow, liquidation clusters and funding regimes.
Data teams licensing the database for backtesting, seasonality and correlation studies.

6. Frequently asked

Is HyperBasis a broker or exchange?

No. HyperBasis does not hold funds, execute trades, or custody assets. It is a data and analytics infrastructure product.

Does HyperBasis give trading signals?

HyperBasis provides mathematical calculations derived from market data (deviation percentages, z-scores, funding annualized rates, capacity scores). It does not tell anyone what to trade. All use is at the user's own risk.

Where is the data collected from?

Hyperliquid (public info API + WebSocket market data), Twelve Data, Polygon.io, Alpaca, Finnhub and Yahoo Finance for TradFi reference pricing, plus on-chain/public whale address pools for position tracking. Every source is documented in the data coverage page.

Honest-limitations policy. HyperBasis labels every data gap instead of hiding it. Where a source does not exist (e.g., zero-volume Hyperliquid instruments that never traded), the product shows N/A rather than fabricated values.