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−$42
spread now−0.150%7d average−0.002%fees + slippage, in and out−$27spread needed0.273%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC HYPE_USDT92.9630.0100pay 0.0050% / 4h1h 09m$91.3M$83.5M100x
ShortApeX Omni HYPEUSDT92.8240.0100get 0.0013% / 1h9m 56s$426K$908K50x

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
−$14.95
Funding while held
$0
Slippage, 4 orders
−$13.31
Fee MEXC: 2 bp × 2 orders
−$4
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$42.26
Spread needed to break even
0.273%
Slippage from MEXC: live order book, 6 min ago; ApeX Omni: live order book, 26 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 MEXC live order book, 6 min ago0.11 bp2.1 bp −$27.1 bp −$7111.9 bp −$1,19243.1 bp −$21.5K
Sell ApeX Omni live order book, 26 min ago5.01 bp11.8 bp −$1215.0 bp −$150doesn'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
Injective HYPE/USDC PERP−0.294%+0.1593%1h$30K$177K12xas long as short
Bulk HYPE-USD−0.173%+0.0100%1h$203K$11K10xas long as short
Hibachi HYPE/USDT-P−0.162%−0.0880%1h$194K$239K7xas long as short
edgeX HYPEUSDC−0.156%+0.0101%4h$5.1M$28.8M30xas long as short
ApeX Omni HYPEUSDTshort−0.150%+0.0100%1h$426K$908K50x
Aftermath Perps HYPEUSD−0.134%+0.0066%1h$22K$28K10xas long as short
Ondo Perps HYPE-USD.P−0.111%+0.0100%1h$697K$1.0M10xas long as short
Variational Omni HYPE−0.102%+0.0100%8h$28.5M$49.7Mas long as short
Arcus HYPE-USD−0.083%−0.0121%1h$1.2M$4.1M10xas long as short
Vest HYPE-PERP−0.080%+0.0100%1h$407K5xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Nado HYPE-PERP−0.076%+0.0100%1h$6.4M$43.9M10xas long as short
Hotstuff HYPE-PERP−0.068%−0.0080%1h$3K$30725xas long as short
BloFin HYPE-USDT−0.067%+0.0340%4h$17.4M$12.2M75xas long as short
Reya HYPERUSDPERP−0.063%+0.0240%1h$76K$157K15xas long as short
StandX HYPE-USD−0.062%+0.0100%1h$672K$2.3M20xas long as short
Phoenix HYPE−0.061%+0.0338%1h$222K$977K10xas long as short
KuCoin HYPEUSDTM−0.059%+0.0100%4h$46.1M$20.3M75xas long as short
Bybit HYPEUSDT−0.057%+0.0100%8h$325.5M$291.5M75xas long as short
Katana Perps HYPE-USD−0.057%+0.0100%8h$20K$1.9M10xas long as short
Bitget HYPEUSDT−0.048%+0.0100%4h$225.6M$104.7M75xas long as short
Gate HYPE_USDT−0.044%+0.0100%4h$43.8M$57.2M75xas long as short
dYdX HYPE-USD−0.041%+0.0016%1h$126K$28K5xas long as short
Extended HYPE-USD−0.041%+0.0104%1h$18.1M$40.9M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]−0.041%L +0.0339% / S −0.0164%1h$1.4M100xas long as short
Pacifica HYPE−0.039%+0.0100%1h$10.0M$14.4M20xas long as short
OKX HYPE-USDT-SWAP−0.039%+0.0100%8h$114.0M$319.1M50xas long as short
Perpl HYPE−0.036%0.0000%43m$26K$394K10xas long as short
Aster HYPEUSDT−0.033%+0.0061%4h$9.0M$36.4M300xas long as short
BingX HYPE-USDT−0.030%+0.0100%4h$56.4Mas long as short
Popdex HYPEUSDT−0.027%+0.0096%1h$54K$1.2M50xas long as short
Bullet HYPE-USD−0.023%+0.0100%1h$112K$567K20xas long as short
Polymarket Perps HYPE-USD−0.023%+0.0100%1h$464K$2.6M20xas long as short
Derive HYPE-PERP−0.022%+0.0100%1h$16.3M$7.2M10xas long as short
Aevo HYPE-PERP−0.011%+0.0104%1h$395K$321K20xas long as short
Phemex HYPEUSDT−0.003%+0.0100%8h$12.6M$2.4M50xas long as short
Hyperliquid HYPE−0.002%+0.0558%1h$2.01B$669.7M10xas long as short
MEXC HYPE_USDTlong0.000%+0.0100%4h$91.3M$83.5M100x
Backpack HYPE_USDC_PERP0.000%+0.0100%1h$7.9M$11.6M20xas long as short
Binance HYPEUSDT+0.001%+0.0100%4h$387.9M$872.2M75xas long as short
gTrade (Gains Network) HYPE/USD+0.002%L +0.0002% / S −0.0005%1h$43K150xas long as short
01 Exchange HYPEUSD+0.003%+0.0112%1h$90K$322K20xas long as short
Bluefin HYPE-PERP+0.008%+0.0100%1h$75K$178K20xas long as short
SoDEX HYPE-USD+0.009%+0.0100%1h$2.0M$2.0M10xas long as short
Paradex HYPE-USD-PERP+0.017%+0.0106%8h$340K$288K20xas long as short
Coinbase International HYPE-PERP-INTX+0.018%+0.0200%1h$4.9M$5.7M50xas long as short
Orderly PERP_HYPE_USDC+0.031%+0.0100%4h$189K$505K20xas long as short
Kalshi KXHYPEPERP+0.034%+0.0102%8h$2.0M$5.5M2.3xas long as short
Lighter RH HYPE+0.034%+0.0096%1h$3.1M$12.6M20xas long as short
RISEx HYPE/USDC+0.034%+0.0569%1h$2.6M$6.4M20xas long as short
SunX HYPE-USDT+0.041%+0.0100%4h$32K$1.6M20xas long as short
Lighter HYPE+0.051%+0.0096%1h$18.6M$58.9M20xas long as short
Kraken Futures PF_HYPEUSD+0.055%+0.0085%1h$16.1M$21.1M50xas long as short
Deribit HYPE_USDC-PERPETUAL+0.091%+0.0503%1h$7.4M$4.7M50xas long as short
HTX HYPE-USDT+0.147%+0.0530%4h$1.5M$7.4M75xas long as short