After costs, if the gap returns to its 7d average, $10k−$20
spread now+0.001%7d average−0.002%fees + slippage, in and out−$20spread needed0.201%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster HYPEUSDT | 94.097 | −0.0060 | get 0.0030% / 4h | 1h 51m | $8.5M | $31.4M | 300x |
| Short | Arcus HYPE-USD | 94.098 | −0.0018 | pay 0.0002% / 1h | 51m 59s | $1.2M | $4.2M | 10x |
Aster HYPEUSDT
Arcus HYPE-USDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $0.12
- Funding while held
- $1.26
- Slippage, 4 orders
- −$7.59
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$18.71
- Spread needed to break even
- 0.201%
Slippage from Aster: live order book, 3 min ago; Arcus: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0042%
- Per $10,000 a day
- +$1.26
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 3 min ago | 0.42 bp | 4.5 bp −$4 | 5.2 bp −$52 | 10.8 bp −$1,078 | doesn't fit |
| Sell Arcus live order book, 4 min ago | 1.22 bp | 4.8 bp −$5 | 10.1 bp −$101 | 40.0 bp −$3,999 | doesn't fit |
HYPE price on every exchange
against the cheapest. Click to use as the short leg.Extended94.014cheapestBingX94.058+0.047%Bitget94.059+0.048%Bybit94.060+0.049%MEXC94.076+0.066%OKX94.080+0.071%
Extended
BingX
Bitget
Bybit
MEXC
OKXAster94.097+0.089%
Arcus94.098+0.090%
KuCoin94.102+0.094%Gate94.105+0.097%Paradex94.111+0.103%Binance94.113+0.106%Ondo Perps94.120+0.113%Backpack94.120+0.113%Hyperliquid94.128+0.122%Derive94.138+0.132%Katana Perps94.140+0.134%Nado94.141+0.135%Popdex94.145+0.140%Lighter RH94.151+0.146%Vest94.153+0.148%Perpl94.155+0.151%dYdX94.161+0.156%Polymarket Perps94.162+0.158%GMX94.162+0.158%BloFin94.163+0.159%Reya94.166+0.162%01 Exchange94.166+0.162%RISEx94.168+0.164%Bluefin94.170+0.166%Aevo94.171+0.167%Pacifica94.176+0.173%Bullet94.184+0.181%Phemex94.194+0.192%Lighter94.194+0.192%gTrade (Gains Network)94.198+0.196%SoDEX94.201+0.199%Orderly94.202+0.200%Hotstuff94.207+0.206%Kraken Futures94.224+0.224%Coinbase International94.230+0.230%Deribit94.244+0.245%Kalshi94.263+0.265%SunX94.266+0.268%HTX94.335+0.342%Hibachi94.478+0.494%StandX94.562+0.583%Aftermath Perps94.591+0.614%ApeX Omni94.619+0.644%edgeX94.634+0.660%Injective94.740+0.773%Variational Omni94.858+0.898%Bulk94.884+0.926%Phoenix94.993+1.042%
KuCoin
Gate
Paradex
Binance
Ondo Perps
Backpack
Hyperliquid
Derive
Katana Perps
Nado
Popdex
Lighter RH
Vest
Perpl
dYdX
Polymarket Perps
GMX
BloFin
Reya
RISEx
Bluefin
Aevo
Pacifica
Bullet
Phemex
Lighter
gTrade (Gains Network)
SoDEX
Orderly
Hotstuff
Kraken Futures
Coinbase International
Deribit
SunX
HTX
Hibachi
StandX
ApeX Omni
Injective
Variational Omni
Bulk
PhoenixHYPE on 54 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended HYPE-USD | −0.088% | +0.0104% | 1h | $18.5M | $35.8M | 50x | as long as short |
| BingX HYPE-USDT | −0.041% | −0.0118% | 4h | — | $47.4M | — | as long as short |
| Bitget HYPEUSDT | −0.040% | +0.0092% | 4h | $231.9M | $87.9M | 75x | as long as short |
| Bybit HYPEUSDT | −0.039% | +0.0044% | 8h | $326.9M | $268.4M | 75x | as long as short |
| MEXC HYPE_USDT | −0.022% | +0.0022% | 4h | $91.3M | $79.1M | 100x | as long as short |
| OKX HYPE-USDT-SWAP | −0.018% | −0.0113% | 8h | $119.7M | $287.0M | 50x | as long as short |
| Aster HYPEUSDTlong | 0.000% | −0.0060% | 4h | $8.5M | $31.4M | 300x | |
| Arcus HYPE-USDshort | +0.001% | −0.0018% | 1h | $1.2M | $4.2M | 10x | |
| KuCoin HYPEUSDTM | +0.005% | +0.0034% | 4h | $44.8M | $19.2M | 75x | as long as short |
| Gate HYPE_USDT | +0.009% | −0.0074% | 4h | $44.7M | $53.3M | 75x | as long as short |