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

HYPE

all HYPE markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$33
spread now−0.027%7d average−0.022%fees + slippage, in and out−$33spread needed0.329%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance HYPEUSDT92.9860.0100pay 0.0050% / 4h58m 46s$387.0M$872.9M75x
ShortGate HYPE_USDT92.9610.0100get 0.0050% / 4h58m 46s$43.9M$55.1M75x

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
−$2.69
Funding while held
$0
Slippage, 4 orders
−$7.9
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$35.59
Spread needed to break even
0.329%
Slippage from Binance: live order book, 2 min ago; Gate: live order book, 2 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
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 Binance live order book, 2 min ago0.05 bp5.1 bp −$57.6 bp −$7612.3 bp −$1,23130.9 bp −$15.5K
Sell Gate live order book, 2 min ago0.81 bp11.3 bp −$1115.2 bp −$15230.3 bp −$3,03152.4 bp −$26.2K

HYPE price on every exchange

against the cheapest. Click to use as the short leg.

HYPE on 54 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective HYPE/USDC PERP−0.211%−0.0004%1h$30K$131K12xas long as short
Hibachi HYPE/USDT-P−0.075%−0.0896%1h$194K$239K7xas long as short
Ondo Perps HYPE-USD.P−0.071%+0.0040%1h$698K$1.0M10xas long as short
Bybit HYPEUSDT−0.049%+0.0100%8h$325.7M$290.9M75xas long as short
Variational Omni HYPE−0.042%+0.0100%8h$28.6M$49.5Mas long as short
Katana Perps HYPE-USD−0.039%+0.0100%8h$13K$1.9M10xas long as short
Arcus HYPE-USD−0.038%+0.0082%1h$1.2M$4.1M10xas long as short
Aster HYPEUSDT−0.034%+0.0048%4h$9.0M$36.4M300xas long as short
OKX HYPE-USDT-SWAP−0.033%+0.0100%8h$114.0M$318.1M50xas long as short
Gate HYPE_USDTshort−0.027%+0.0100%4h$43.9M$55.1M75x
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin HYPEUSDTM−0.023%+0.0100%4h$46.3M$20.2M75xas long as short
Extended HYPE-USD−0.021%+0.0104%1h$18.0M$40.9M50xas long as short
Vest HYPE-PERP−0.021%+0.0100%1h$407K5xas long as short
BingX HYPE-USDT−0.019%+0.0100%4h$56.5Mas long as short
Phemex HYPEUSDT−0.019%+0.0100%8h$12.6M$2.4M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]−0.019%L +0.0339% / S −0.0164%1h$1.4M100xas long as short
Aevo HYPE-PERP−0.014%+0.0104%1h$395K$321K20xas long as short
Bitget HYPEUSDT−0.014%+0.0100%4h$226.0M$104.8M75xas long as short
Reya HYPERUSDPERP−0.013%+0.0240%1h$76K$157K15xas long as short
Aftermath Perps HYPEUSD−0.011%+0.0043%1h$22K$28K10xas long as short
ApeX Omni HYPEUSDT−0.010%+0.0100%1h$427K$906K50xas long as short
SoDEX HYPE-USD−0.008%+0.0100%1h$2.0M$2.0M10xas long as short
BloFin HYPE-USDT−0.008%+0.0340%4h$17.4M$12.3M75xas long as short
Popdex HYPEUSDT−0.006%+0.0096%1h$54K$1.3M50xas long as short
MEXC HYPE_USDT−0.005%+0.0100%4h$91.6M$81.7M100xas long as short
Pacifica HYPE−0.005%+0.0100%1h$10.0M$14.4M20xas long as short
Derive HYPE-PERP−0.004%+0.0100%1h$16.3M$7.1M10xas long as short
Nado HYPE-PERP−0.002%+0.0100%1h$6.4M$43.8M10xas long as short
Binance HYPEUSDTlong0.000%+0.0100%4h$387.0M$872.9M75x
StandX HYPE-USD+0.002%+0.0100%1h$673K$2.3M20xas long as short
Bluefin HYPE-PERP+0.004%+0.0100%1h$75K$177K20xas long as short
Perpl HYPE+0.007%0.0000%43m$26K$392K10xas long as short
Hotstuff HYPE-PERP+0.008%−0.0080%1h$3K$30725xas long as short
gTrade (Gains Network) HYPE/USD+0.010%L +0.0002% / S −0.0005%1h$43K150xas long as short
edgeX HYPEUSDC+0.010%+0.0117%4h$5.1M$28.9M30xas long as short
Bulk HYPE-USD+0.010%+0.0100%1h$203K$11K10xas long as short
01 Exchange HYPEUSD+0.015%+0.0048%1h$89K$324K20xas long as short
Bullet HYPE-USD+0.018%+0.0100%1h$112K$567K20xas long as short
Orderly PERP_HYPE_USDC+0.019%+0.0100%4h$191K$504K20xas long as short
Polymarket Perps HYPE-USD+0.023%+0.0100%1h$465K$2.6M20xas long as short
SunX HYPE-USDT+0.025%+0.0100%4h$32K$1.6M20xas long as short
dYdX HYPE-USD+0.031%0.0000%1h$127K$28K5xas long as short
Backpack HYPE_USDC_PERP+0.033%+0.0100%1h$7.9M$11.6M20xas long as short
Lighter RH HYPE+0.035%+0.0096%1h$3.1M$12.0M20xas long as short
Kalshi KXHYPEPERP+0.045%0.0000%8h$2.0M$5.5M2.3xas long as short
Paradex HYPE-USD-PERP+0.047%+0.0105%8h$340K$288K20xas long as short
Hyperliquid HYPE+0.047%+0.0544%1h$2.01B$670.9M10xas long as short
Kraken Futures PF_HYPEUSD+0.048%+0.0151%1h$16.1M$21.1M50xas long as short
Lighter HYPE+0.052%+0.0096%1h$18.6M$57.4M20xas long as short
RISEx HYPE/USDC+0.061%+0.0516%1h$2.6M$6.3M20xas long as short
Phoenix HYPE+0.065%+0.0338%1h$220K$893K10xas long as short
Coinbase International HYPE-PERP-INTX+0.080%+0.0200%1h$4.9M$5.7M50xas long as short
Deribit HYPE_USDC-PERPETUAL+0.097%+0.0513%1h$7.4M$4.7M50xas long as short
HTX HYPE-USDT+0.152%+0.0495%4h$1.5M$7.4M75xas long as short