Get Market Details

curl -X GET "https://api.strike.markets/market/BTC-USD"

const response = await fetch('https://api.strike.markets/market/BTC-USD', {
  method: 'GET'
});

const data = await response.json();
console.log('Market details:', data);

import requests

response = requests.get('https://api.strike.markets/market/BTC-USD')

data = response.json()
print('Market details:', data)

{
  "symbol": "BTC-USD",
  "positionMultiplier": "0.000001",
  "longFundingRateHourly": "-0.0000125",
  "shortFundingRateHourly": "0.0000089",
  "longOi": "12500000.50",
  "shortOi": "10250000.25",
  "totalOi": "22750000.75",
  "skew": "0.10",
  "volumeUsd24h": "5250000.00",
  "volumeUsdTotal": "125000000.00"
}

Overview

Get detailed market information for a specific trading pair including current price, funding rates, open interest, and volume metrics.

This endpoint does not require authentication and can be accessed publicly.

Path Parameters

string

required

Trading pair symbol.Supported values: “BTC-USD”, “ETH-USD”, “SOL-USD”, “BNB-USD”, “XRP-USD”, “HYPE-USD”
Example: “BTC-USD”

Response Fields

boolean

Indicates if the request was successful

string

Success or error message

object

Market data object containing:

symbol: Trading pair symbol
current_price: Current mark price (string)
funding_rate: Funding rate information:
- long_rate: Hourly funding rate for longs (negative = paying)
- short_rate: Hourly funding rate for shorts (negative = paying)
- next_update: ISO timestamp of next funding update
open_interest: Open interest breakdown:
- long_oi: Total long open interest in USD
- short_oi: Total short open interest in USD
- total_oi: Combined open interest
- skew: Market skew (-1 to 1, positive = more longs)
volume: Trading volume metrics:
- volumeUsd24h: 24-hour trading volume in USD
- volume_1h: 1-hour trading volume in USD
- trades_24h: Number of trades in last 24 hours
position_multiplier: Fee multiplier for position size
last_updated: ISO timestamp of last update

Market Metrics Explained

Funding Rate

Asymmetric funding rates that balance long and short positions:

Positive skew → Longs pay shorts
Negative skew → Shorts pay longs
Rates update hourly at the top of each hour

Open Interest Skew

Skew = (Long OI - Short OI) / Total OI

Range: -1 (all shorts) to +1 (all longs)
0 = Perfectly balanced market
Affects funding rate calculations

Position Multiplier

Market-specific fee multiplier applied to position size:

Market	Multiplier	Impact on 10B USD Position
BTC	0.000001	10x fee multiplier
ETH	0.000002	20x fee multiplier
SOL	0.00001	100x fee multiplier

Data Sources

Price Data: Real-time from HyperLiquid WebSocket
Open Interest: Aggregated from all open positions
Volume: Rolling 24-hour and 1-hour windows
Funding Rates: Calculated hourly based on skew

Caching

Market data is cached for 1 second to handle high-frequency requests while maintaining real-time accuracy.

Error Responses

object

Market not found or not whitelisted

{
  "error": 404,
  "message": "Market BTC-EUR not found or not whitelisted"
}

object

Failed to retrieve market data

{
  "error": 500,
  "message": "Failed to fetch market data"
}

Get Markets - List all available markets
Funding Rates - Historical funding data
Open Interest - Detailed OI metrics

Getting Started

API Key Management

Trading Operations

Account Management

Position Management

Data & Analytics

Overview

Path Parameters

Response Fields

Market Metrics Explained

Funding Rate

Open Interest Skew

Position Multiplier

Data Sources

Caching

Error Responses

​Overview

​Path Parameters

​Response Fields

​Market Metrics Explained

​Funding Rate

​Open Interest Skew

​Position Multiplier

​Data Sources

​Caching

​Error Responses

​Related Endpoints

Overview

Path Parameters

Response Fields

Market Metrics Explained

Funding Rate

Open Interest Skew

Position Multiplier

Data Sources

Caching

Error Responses

Related Endpoints