data as of
Settings8H · net · $10k
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Price arb /

HYPE

all HYPE markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$33
spread now−0.016%7d average+0.009%fees + slippage, in and out−$30spread needed0.303%
Long on AsterShort on KuCoin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster HYPEUSDT93.845−0.0064get 0.0032% / 4h1h 45m$8.5M$31.9M300x
ShortKuCoin HYPEUSDTM93.8300.0036get 0.0018% / 4h1h 45m$44.7M$19.3M75x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$1.64
Funding while held
$2.99
Slippage, 4 orders
−$10.27
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$28.93
Spread needed to break even
0.303%
Slippage from Aster: live order book, 5 min ago; KuCoin: live order book, 10 min ago.

Cost of waiting

funding view
Funding /8h
+0.0100%
Per $10,000 a day
+$2.99
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 5 min ago0.37 bp4.4 bp −$44.9 bp −$4911.1 bp −$1,112doesn't fit
Sell KuCoin live order book, 10 min ago0.90 bp10.0 bp −$1016.2 bp −$162doesn't fitdoesn't fit

HYPE price on every exchange

against the cheapest. Click to use as the short leg.
Paradex93.755cheapestKatana Perps93.760+0.006%Arcus93.780+0.027%dYdX93.781+0.028%Extended93.785+0.033%Ondo Perps93.790+0.038%Lighter RH93.812+0.061%Bybit93.812+0.061%Reya93.823+0.073%Bluefin93.824+0.074%Bitget93.826+0.076%Perpl93.827+0.077%
KuCoin93.830+0.080%
Polymarket Perps93.833+0.083%Pacifica93.835+0.086%Nado93.838+0.089%Bullet93.839+0.089%OKX93.839+0.090%Lighter93.841+0.092%MEXC93.844+0.095%GMX93.845+0.096%Hyperliquid93.845+0.096%
Aster93.845+0.097%
Aevo93.848+0.099%Binance93.850+0.102%Gate93.854+0.106%BingX93.856+0.108%Orderly93.856+0.108%Popdex93.857+0.109%Hotstuff93.861+0.113%01 Exchange93.863+0.115%Vest93.863+0.116%gTrade (Gains Network)93.866+0.118%RISEx93.872+0.125%Backpack93.894+0.148%Derive93.914+0.170%Hibachi93.933+0.190%SoDEX93.969+0.228%Phemex93.976+0.236%Variational Omni93.980+0.240%Kalshi93.993+0.254%Coinbase International94.010+0.272%Kraken Futures94.024+0.287%StandX94.025+0.288%Deribit94.026+0.289%ApeX Omni94.033+0.297%SunX94.042+0.306%edgeX94.048+0.312%Bulk94.050+0.315%BloFin94.053+0.318%Phoenix94.096+0.364%HTX94.150+0.422%Aftermath Perps94.162+0.434%Injective94.560+0.859%

HYPE on 54 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Paradex HYPE-USD-PERP−0.097%+0.0093%8h$336K$287K20xas long as short
Katana Perps HYPE-USD−0.091%+0.0099%8h$9K$1.5M10xas long as short
Arcus HYPE-USD−0.070%−0.0018%1h$1.2M$4.2M10xas long as short
dYdX HYPE-USD−0.069%0.0000%1h$128K$23K5xas long as short
Extended HYPE-USD−0.064%+0.0104%1h$18.5M$36.2M50xas long as short
Ondo Perps HYPE-USD.P−0.059%+0.0100%1h$705K$893K10xas long as short
Lighter RH HYPE−0.036%+0.0096%1h$3.1M$10.8M20xas long as short
Bybit HYPEUSDT−0.036%+0.0039%8h$324.3M$271.6M75xas long as short
Reya HYPERUSDPERP−0.023%+0.0214%1h$74K$217K15xas long as short
Bluefin HYPE-PERP−0.023%+0.0100%1h$69K$195K20xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget HYPEUSDT−0.021%+0.0100%4h$231.0M$88.9M75xas long as short
Perpl HYPE−0.020%0.0000%43m$30K$335K10xas long as short
KuCoin HYPEUSDTMshort−0.016%+0.0036%4h$44.7M$19.3M75x
Polymarket Perps HYPE-USD−0.013%+0.0100%1h$481K$2.3M20xas long as short
Pacifica HYPE−0.011%+0.0100%1h$11.4M$11.8M20xas long as short
Nado HYPE-PERP−0.007%+0.0100%1h$5.5M$41.9M10xas long as short
Bullet HYPE-USD−0.007%+0.0100%1h$112K$578K20xas long as short
OKX HYPE-USDT-SWAP−0.007%−0.0108%8h$119.1M$287.1M50xas long as short
Lighter HYPE−0.004%+0.0096%1h$18.7M$50.3M20xas long as short
MEXC HYPE_USDT−0.002%+0.0028%4h$92.3M$80.0M100xas long as short
GMX HYPE/USD [WBTC.b-USDC]−0.001%L +0.0345% / S −0.0159%1h$1.5M—100xas long as short
Hyperliquid HYPE0.000%+0.0100%1h$2.05B$525.0M10xas long as short
Aster HYPEUSDTlong0.000%−0.0064%4h$8.5M$31.9M300x
Aevo HYPE-PERP+0.003%+0.0088%1h$399K$339K20xas long as short
Binance HYPEUSDT+0.005%+0.0031%4h$393.3M$749.7M75xas long as short
Gate HYPE_USDT+0.009%−0.0080%4h$44.4M$53.8M75xas long as short
BingX HYPE-USDT+0.011%−0.0108%4h—$47.8M—as long as short
Orderly PERP_HYPE_USDC+0.011%−0.0320%4h$167K$467K20xas long as short
Popdex HYPEUSDT+0.012%+0.0096%1h$77K$1.0M50xas long as short
Hotstuff HYPE-PERP+0.017%−0.0080%1h$3K$30725xas long as short
01 Exchange HYPEUSD+0.019%+0.0088%1h$83K$285K20xas long as short
Vest HYPE-PERP+0.019%+0.0100%1h—$407K5xas long as short
gTrade (Gains Network) HYPE/USD+0.022%L +0.0002% / S −0.0001%1h$33K—150xas long as short
RISEx HYPE/USDC+0.028%+0.0120%1h$2.5M$7.2M20xas long as short
Backpack HYPE_USDC_PERP+0.052%+0.0100%1h$8.1M$8.4M20xas long as short
Derive HYPE-PERP+0.073%+0.0100%1h$16.7M$6.9M10xas long as short
Hibachi HYPE/USDT-P+0.093%−0.0152%1h$201K$174K7xas long as short
SoDEX HYPE-USD+0.132%+0.0100%1h$2.0M$1.9M10xas long as short
Phemex HYPEUSDT+0.139%+0.0007%8h$12.7M$2.2M50xas long as short
Variational Omni HYPE+0.144%+0.0100%8h$30.0M$49.0M—as long as short
Kalshi KXHYPEPERP+0.157%0.0000%8h$1.6M$3.8M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.175%+0.0032%1h$5.0M$5.2M50xas long as short
Kraken Futures PF_HYPEUSD+0.190%−0.0294%1h$17.0M$20.0M50xas long as short
StandX HYPE-USD+0.191%+0.0100%1h$719K$2.1M20xas long as short
Deribit HYPE_USDC-PERPETUAL+0.192%+0.0144%1h$7.3M$3.9M50xas long as short
ApeX Omni HYPEUSDT+0.200%+0.0018%1h$414K$932K50xas long as short
SunX HYPE-USDT+0.209%+0.0100%4h$28K$1.4M20xas long as short
edgeX HYPEUSDC+0.215%+0.0038%4h$5.1M$24.9M30xas long as short
Bulk HYPE-USD+0.218%+0.0100%1h$213K$10K10xas long as short
BloFin HYPE-USDT+0.221%+0.0114%4h$18.0M$11.5M75xas long as short
Phoenix HYPE+0.267%+0.0152%1h$295K$1.0M10xas long as short
HTX HYPE-USDT+0.325%+0.0153%4h$1.5M$6.3M75xas long as short
Aftermath Perps HYPEUSD+0.337%−0.0010%1h$22K$34K10xas long as short
Injective HYPE/USDC PERP+0.761%+0.0375%1h$24K$259K12xas long as short