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−$22
spread now+0.149%7d average+0.045%fees + slippage, in and out−$33spread needed0.327%
Long on KuCoinShort on Deribit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin HYPEUSDTM92.0510.0100pay 0.0050% / 4h2h 02m$45.9M$19.9M75x
ShortDeribit HYPE_USDC-PERPETUAL92.1880.0695get 0.0087% / 1h2m 46s$7.3M$4.7M50x

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
$14.88
Funding while held
$17.85
Slippage, 4 orders
−$13.71
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$0.02
Spread needed to break even
0.327%
Slippage from KuCoin: live order book, 3 min ago; Deribit: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
+0.0595%
Per $10,000 a day
+$17.85
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 KuCoin live order book, 3 min ago0.81 bp10.3 bp −$1014.7 bp −$147doesn't fitdoesn't fit
Sell Deribit live order book, 3 min ago3.14 bp6.6 bp −$713.5 bp −$135doesn't fitdoesn't fit

HYPE price on every exchange

against the cheapest. Click to use as the short leg.
Arcus91.986cheapestAster92.007+0.023%Bybit92.010+0.026%Gate92.019+0.036%Hibachi92.038+0.056%BingX92.039+0.058%Derive92.048+0.067%Bitget92.048+0.067%Nado92.049+0.069%OKX92.050+0.070%
KuCoin92.051+0.071%
MEXC92.055+0.075%Hyperliquid92.057+0.077%Extended92.061+0.081%Popdex92.061+0.082%Vest92.063+0.084%Reya92.066+0.087%Ondo Perps92.070+0.091%Katana Perps92.070+0.091%Binance92.071+0.092%GMX92.072+0.093%01 Exchange92.075+0.097%Bullet92.075+0.097%Polymarket Perps92.076+0.098%Kalshi92.077+0.099%SoDEX92.079+0.101%Aevo92.081+0.103%Pacifica92.081+0.103%gTrade (Gains Network)92.088+0.111%Bulk92.088+0.111%Bluefin92.088+0.111%Perpl92.094+0.118%Hotstuff92.095+0.118%dYdX92.097+0.121%Backpack92.101+0.125%BloFin92.106+0.130%Lighter RH92.109+0.134%Orderly92.109+0.134%Coinbase International92.110+0.135%Phemex92.113+0.138%Paradex92.121+0.147%RISEx92.126+0.152%StandX92.131+0.158%Kraken Futures92.134+0.161%Lighter92.142+0.170%SunX92.159+0.188%
Deribit92.188+0.220%
ApeX Omni92.223+0.258%HTX92.249+0.286%Variational Omni92.283+0.323%Aftermath Perps92.318+0.361%edgeX92.365+0.412%Phoenix92.382+0.431%Injective93.170+1.287%

HYPE on 54 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Arcus HYPE-USD−0.071%+0.0100%1h$1.2M$4.0M10xas long as short
Aster HYPEUSDT−0.048%+0.0100%4h$8.8M$35.6M300xas long as short
Bybit HYPEUSDT−0.045%+0.0100%8h$323.2M$286.6M75xas long as short
Gate HYPE_USDT−0.035%+0.0100%4h$43.5M$55.6M75xas long as short
Hibachi HYPE/USDT-P−0.015%−0.0888%1h$191K$226K7xas long as short
BingX HYPE-USDT−0.013%+0.0100%4h—$54.1M—as long as short
Derive HYPE-PERP−0.003%+0.0100%1h$16.1M$7.2M10xas long as short
Bitget HYPEUSDT−0.003%+0.0100%4h$224.0M$101.4M75xas long as short
Nado HYPE-PERP−0.002%+0.0100%1h$6.3M$43.6M10xas long as short
OKX HYPE-USDT-SWAP−0.001%+0.0100%8h$113.5M$310.9M50xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin HYPEUSDTMlong0.000%+0.0100%4h$45.9M$19.9M75x
MEXC HYPE_USDT+0.004%+0.0100%4h$89.6M$84.4M100xas long as short
Hyperliquid HYPE+0.007%+0.0741%1h$1.98B$642.2M10xas long as short
Extended HYPE-USD+0.011%+0.0104%1h$18.0M$41.0M50xas long as short
Popdex HYPEUSDT+0.011%+0.0096%1h$49K$1.2M50xas long as short
Vest HYPE-PERP+0.013%+0.0100%1h—$407K5xas long as short
Reya HYPERUSDPERP+0.016%+0.0238%1h$76K$157K15xas long as short
Ondo Perps HYPE-USD.P+0.021%+0.0100%1h$694K$972K10xas long as short
Katana Perps HYPE-USD+0.021%+0.0100%8h$29K$1.9M10xas long as short
Binance HYPEUSDT+0.021%+0.0100%4h$384.8M$855.6M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]+0.023%L +0.0340% / S −0.0166%1h$1.4M—100xas long as short
01 Exchange HYPEUSD+0.026%+0.0080%1h$88K$319K20xas long as short
Bullet HYPE-USD+0.027%+0.0100%1h$110K$569K20xas long as short
Polymarket Perps HYPE-USD+0.027%+0.0100%1h$465K$2.5M20xas long as short
Kalshi KXHYPEPERP+0.028%+0.0101%8h$1.7M$5.0M2.3xas long as short
SoDEX HYPE-USD+0.030%+0.0100%1h$2.0M$2.0M10xas long as short
Aevo HYPE-PERP+0.032%+0.0104%1h$392K$335K20xas long as short
Pacifica HYPE+0.032%+0.0100%1h$11.2M$12.2M20xas long as short
gTrade (Gains Network) HYPE/USD+0.040%L +0.0002% / S −0.0001%1h$53K—150xas long as short
Bulk HYPE-USD+0.040%+0.0100%1h$201K$8K10xas long as short
Bluefin HYPE-PERP+0.040%+0.0100%1h$75K$180K20xas long as short
Perpl HYPE+0.047%+0.0447%43m$27K$367K10xas long as short
Hotstuff HYPE-PERP+0.048%−0.0080%1h$3K$30725xas long as short
dYdX HYPE-USD+0.050%+0.0006%1h$125K$26K5xas long as short
Backpack HYPE_USDC_PERP+0.054%+0.0100%1h$8.4M$10.9M20xas long as short
BloFin HYPE-USDT+0.060%+0.0340%4h$17.4M$11.8M75xas long as short
Lighter RH HYPE+0.063%+0.0096%1h$3.2M$12.5M20xas long as short
Orderly PERP_HYPE_USDC+0.063%+0.0098%4h$190K$487K20xas long as short
Coinbase International HYPE-PERP-INTX+0.064%+0.0200%1h$4.9M$5.2M50xas long as short
Phemex HYPEUSDT+0.067%+0.0100%8h$12.5M$2.3M50xas long as short
Paradex HYPE-USD-PERP+0.076%+0.0110%8h$338K$288K20xas long as short
RISEx HYPE/USDC+0.082%+0.0611%1h$2.6M$6.5M20xas long as short
StandX HYPE-USD+0.087%+0.0100%1h$665K$2.3M20xas long as short
Kraken Futures PF_HYPEUSD+0.090%+0.0260%1h$16.1M$20.8M50xas long as short
Lighter HYPE+0.099%+0.0096%1h$18.3M$58.3M20xas long as short
SunX HYPE-USDT+0.117%+0.0100%4h$32K$1.6M20xas long as short
Deribit HYPE_USDC-PERPETUALshort+0.149%+0.0695%1h$7.3M$4.7M50x
ApeX Omni HYPEUSDT+0.187%+0.0100%1h$428K$935K50xas long as short
HTX HYPE-USDT+0.215%+0.0722%4h$1.5M$7.2M75xas long as short
Variational Omni HYPE+0.252%+0.0100%8h$28.4M$49.2M—as long as short
Aftermath Perps HYPEUSD+0.290%+0.0219%1h$22K$30K10xas long as short
edgeX HYPEUSDC+0.341%+0.0101%4h$5.0M$28.4M30xas long as short
Phoenix HYPE+0.360%+0.0351%1h$219K$984K10xas long as short
Injective HYPE/USDC PERP+1.216%+0.0082%1h$21K$168K12xas long as short