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−$24
spread now+0.064%7d average−0.008%fees + slippage, in and out−$31spread needed0.309%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin HYPE-USDT92.3440.0340pay 0.0170% / 4h2h 07m$17.4M$11.7M75x
ShortApeX Omni HYPEUSDT92.4030.0100get 0.0013% / 1h7m 20s$421K$931K50x

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
$6.39
Funding while held
−$7.2
Slippage, 4 orders
−$8.93
Fee BloFin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$31.74
Spread needed to break even
0.309%
Slippage from BloFin: live order book, 3 min ago; ApeX Omni: live order book, 33 min ago.

Cost of waiting

funding view
Funding /8h
−0.0240%
Per $10,000 a day
$7.20
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 BloFin live order book, 3 min ago1.30 bp7.7 bp −$89.4 bp −$9416.2 bp −$1,618doesn't fit
Sell ApeX Omni live order book, 33 min ago2.05 bp8.8 bp −$912.2 bp −$122doesn't fitdoesn't fit

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
Ondo Perps HYPE-USD.P−0.113%+0.0100%1h$696K$976K10xas long as short
Hibachi HYPE/USDT-P−0.088%−0.0944%1h$191K$226K7xas long as short
Hotstuff HYPE-PERP−0.079%−0.0080%1h$3K$30725xas long as short
Kalshi KXHYPEPERP−0.069%+0.0103%8h$1.7M$5.0M2.3xas long as short
Arcus HYPE-USD−0.056%+0.0100%1h$1.2M$4.0M10xas long as short
Bluefin HYPE-PERP−0.017%+0.0100%1h$75K$180K20xas long as short
OKX HYPE-USDT-SWAP−0.014%+0.0100%8h$114.1M$309.7M50xas long as short
KuCoin HYPEUSDTM−0.014%+0.0100%4h$45.8M$19.7M75xas long as short
Extended HYPE-USD−0.010%+0.0104%1h$18.0M$40.9M50xas long as short
Bitget HYPEUSDT−0.006%+0.0100%4h$225.4M$100.6M75xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Backpack HYPE_USDC_PERP−0.005%+0.0100%1h$8.4M$10.8M20xas long as short
Katana Perps HYPE-USD−0.004%+0.0100%8h$12K$1.8M10xas long as short
BloFin HYPE-USDTlong0.000%+0.0340%4h$17.4M$11.7M75x
Vest HYPE-PERP+0.003%+0.0100%1h$407K5xas long as short
Derive HYPE-PERP+0.006%+0.0100%1h$16.2M$7.2M10xas long as short
Phemex HYPEUSDT+0.011%+0.0100%8h$12.5M$2.3M50xas long as short
Nado HYPE-PERP+0.011%+0.0100%1h$6.4M$43.5M10xas long as short
Gate HYPE_USDT+0.012%+0.0100%4h$43.7M$55.1M75xas long as short
Aevo HYPE-PERP+0.013%+0.0104%1h$393K$335K20xas long as short
SoDEX HYPE-USD+0.016%+0.0100%1h$2.0M$2.0M10xas long as short
Bybit HYPEUSDT+0.017%+0.0100%8h$324.2M$285.1M75xas long as short
Aster HYPEUSDT+0.019%+0.0100%4h$8.8M$35.5M300xas long as short
Perpl HYPE+0.023%+0.0447%43m$27K$366K10xas long as short
Lighter RH HYPE+0.025%+0.0096%1h$3.1M$12.3M20xas long as short
Popdex HYPEUSDT+0.030%+0.0096%1h$67K$1.2M50xas long as short
dYdX HYPE-USD+0.031%+0.0007%1h$126K$26K5xas long as short
BingX HYPE-USDT+0.031%+0.0100%4h$53.8Mas long as short
Pacifica HYPE+0.036%+0.0100%1h$11.2M$12.2M20xas long as short
GMX HYPE/USD [WBTC.b-USDC]+0.037%L +0.0341% / S −0.0166%1h$1.4M100xas long as short
01 Exchange HYPEUSD+0.041%+0.0088%1h$89K$317K20xas long as short
StandX HYPE-USD+0.041%+0.0100%1h$667K$2.3M20xas long as short
Phoenix HYPE+0.041%+0.0351%1h$219K$984K10xas long as short
Hyperliquid HYPE+0.043%+0.0801%1h$1.99B$632.6M10xas long as short
Polymarket Perps HYPE-USD+0.043%+0.0100%1h$467K$2.5M20xas long as short
Orderly PERP_HYPE_USDC+0.048%+0.0097%4h$190K$478K20xas long as short
Reya HYPERUSDPERP+0.049%+0.0238%1h$76K$157K15xas long as short
MEXC HYPE_USDT+0.053%+0.0100%4h$91.2M$83.8M100xas long as short
Bullet HYPE-USD+0.057%+0.0100%1h$111K$568K20xas long as short
edgeX HYPEUSDC+0.057%+0.0110%4h$5.0M$28.4M30xas long as short
Binance HYPEUSDT+0.060%+0.0100%4h$387.2M$850.7M75xas long as short
Paradex HYPE-USD-PERP+0.063%+0.0110%8h$338K$287K20xas long as short
ApeX Omni HYPEUSDTshort+0.064%+0.0100%1h$421K$931K50x
gTrade (Gains Network) HYPE/USD+0.066%L +0.0002% / S −0.0001%1h$54K150xas long as short
Kraken Futures PF_HYPEUSD+0.072%+0.0259%1h$16.1M$20.7M50xas long as short
Lighter HYPE+0.083%+0.0096%1h$18.1M$57.9M20xas long as short
SunX HYPE-USDT+0.091%+0.0100%4h$32K$1.6M20xas long as short
Coinbase International HYPE-PERP-INTX+0.093%+0.0200%1h$4.9M$5.2M50xas long as short
RISEx HYPE/USDC+0.103%+0.0611%1h$2.6M$6.6M20xas long as short
Deribit HYPE_USDC-PERPETUAL+0.128%+0.0573%1h$7.3M$4.7M50xas long as short
Variational Omni HYPE+0.183%+0.0100%8h$28.7M$48.9Mas long as short
HTX HYPE-USDT+0.188%+0.0751%4h$1.5M$7.3M75xas long as short
Aftermath Perps HYPEUSD+0.211%+0.0225%1h$22K$30K10xas long as short
Bulk HYPE-USD+0.489%+0.0100%1h$203K$8K10xas long as short
Injective HYPE/USDC PERP+1.425%+0.0082%1h$21K$168K12xas long as short