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

HYPE

all HYPE markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.650%
7d average−0.230%if it closes, per $10,000$65funding while held, a day−$7.56
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective HYPE/USDC PERP93.6400.0356pay 0.0044% / 1h19m 33s$24K$256K12x
ShortExtended HYPE-USD93.0320.0104get 0.0013% / 1h19m 33s$18.2M$42.1M50x

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
−$64.96
Funding while held
−$7.56
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$77.54
Spread needed to break even
0.050%
Slippage unknown: Injective: live order book, 26 min ago; Extended: live order book, 6 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0252%
Per $10,000 a day
$7.56
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 Injective live order book, 26 min ago12.36 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 6 min ago0.05 bp2.6 bp −$33.5 bp −$3524.7 bp −$2,468doesn'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
Hibachi HYPE/USDT-P−0.743%+0.0016%1h$195K$231K7xas long as short
Arcus HYPE-USD−0.699%+0.0100%1h$1.2M$4.0M10xas long as short
Derive HYPE-PERP−0.683%+0.0100%1h$16.4M$7.2M10xas long as short
GMX HYPE/USD [WBTC.b-USDC]−0.674%L +0.0355% / S −0.0176%1h$1.5M100xas long as short
Bybit HYPEUSDT−0.673%+0.0100%8h$325.4M$285.3M75xas long as short
Bluefin HYPE-PERP−0.664%+0.3615%1h$73K$187K20xas long as short
Reya HYPERUSDPERP−0.662%+0.0230%1h$73K$155K15xas long as short
KuCoin HYPEUSDTM−0.660%+0.0100%4h$45.1M$19.9M75xas long as short
Gate HYPE_USDT−0.658%+0.0100%4h$44.0M$54.7M75xas long as short
Bullet HYPE-USD−0.657%+0.0100%1h$112K$579K20xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
dYdX HYPE-USD−0.656%+0.0040%1h$127K$26K5xas long as short
Aevo HYPE-PERP−0.655%+0.0104%1h$396K$340K20xas long as short
ApeX Omni HYPEUSDT−0.655%+0.0100%1h$427K$928K50xas long as short
gTrade (Gains Network) HYPE/USD−0.653%L +0.0002% / S −0.0001%1h$55K150xas long as short
Vest HYPE-PERP−0.650%+0.0100%1h$407K5xas long as short
Extended HYPE-USDshort−0.650%+0.0104%1h$18.2M$42.1M50x
Aster HYPEUSDT−0.646%+0.0100%4h$8.9M$35.5M300xas long as short
Polymarket Perps HYPE-USD−0.645%+0.0100%1h$457K$2.4M20xas long as short
SoDEX HYPE-USD−0.641%+0.0100%1h$2.0M$2.0M10xas long as short
BloFin HYPE-USDT−0.639%+0.0340%4h$17.3M$11.9M75xas long as short
Orderly PERP_HYPE_USDC−0.636%+0.0001%4h$170K$357K20xas long as short
BingX HYPE-USDT−0.632%+0.0100%4h$52.8Mas long as short
StandX HYPE-USD−0.630%+0.0100%1h$671K$2.3M20xas long as short
Nado HYPE-PERP−0.628%+0.0100%1h$5.6M$43.0M10xas long as short
Perpl HYPE−0.628%+0.0112%43m$31K$352K10xas long as short
OKX HYPE-USDT-SWAP−0.624%+0.0091%8h$114.5M$312.9M50xas long as short
Bitget HYPEUSDT−0.623%+0.0100%4h$228.3M$101.0M75xas long as short
Ondo Perps HYPE-USD.P−0.619%+0.0100%1h$700K$988K10xas long as short
Katana Perps HYPE-USD−0.619%+0.0100%8h$40K$1.8M10xas long as short
Popdex HYPEUSDT−0.619%+0.0096%1h$134K$1.2M50xas long as short
Hotstuff HYPE-PERP−0.616%−0.0080%1h$3K$30725xas long as short
Phemex HYPEUSDT−0.615%+0.0100%8h$12.6M$2.4M50xas long as short
Backpack HYPE_USDC_PERP−0.611%+0.0100%1h$8.5M$10.1M20xas long as short
Binance HYPEUSDT−0.610%+0.0100%4h$390.5M$849.9M75xas long as short
Pacifica HYPE−0.610%+0.0100%1h$11.3M$12.4M20xas long as short
SunX HYPE-USDT−0.606%+0.0100%4h$32K$1.6M20xas long as short
MEXC HYPE_USDT−0.603%+0.0100%4h$88.5M$88.8M100xas long as short
Paradex HYPE-USD-PERP−0.599%+0.0122%8h$337K$287K20xas long as short
Lighter RH HYPE−0.594%+0.0096%1h$3.1M$12.2M20xas long as short
Kalshi KXHYPEPERP−0.584%+0.0123%8h$1.7M$4.8M2.3xas long as short
Lighter HYPE−0.581%+0.0152%1h$18.3M$58.0M20xas long as short
01 Exchange HYPEUSD−0.579%+0.0160%1h$91K$319K20xas long as short
Variational Omni HYPE−0.579%+0.0100%8h$29.0M$50.9Mas long as short
Kraken Futures PF_HYPEUSD−0.578%+0.0410%1h$16.3M$20.8M50xas long as short
Coinbase International HYPE-PERP-INTX−0.577%+0.0152%1h$4.9M$5.5M50xas long as short
RISEx HYPE/USDC−0.559%+0.0620%1h$2.5M$7.3M20xas long as short
Deribit HYPE_USDC-PERPETUAL−0.559%+0.0309%1h$7.4M$4.7M50xas long as short
Hyperliquid HYPE−0.555%+0.0291%1h$2.02B$617.7M10xas long as short
Aftermath Perps HYPEUSD−0.532%+0.0310%1h$22K$34K10xas long as short
HTX HYPE-USDT−0.402%+0.0883%4h$1.5M$7.1M75xas long as short
Bulk HYPE-USD−0.385%+0.0100%1h$204K$17K10xas long as short
edgeX HYPEUSDC−0.379%+0.0104%4h$5.1M$28.9M30xas long as short
Phoenix HYPE−0.345%+0.0386%1h$294K$1.0M10xas long as short
Injective HYPE/USDC PERPlong0.000%+0.0356%1h$24K$256K12x