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

HYPE

all HYPE markets
SwapFunding view
Alert
My alerts

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−$27
spread now+0.017%7d average+0.023%fees + slippage, in and out−$26spread needed0.259%
Long on PopdexShort on 01 Exchange
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex HYPEUSDT93.0360.0096pay 0.0012% / 1h47m 33s$155K$1.1M50x
Short01 Exchange HYPEUSD93.0520.0144get 0.0018% / 1h47m 33s$90K$324K20x

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
$1.72
Funding while held
$1.44
Slippage, 4 orders
−$12.54
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$22.78
Spread needed to break even
0.259%
Slippage from Popdex: live order book, 3 min ago; 01 Exchange: live order book, 63 min ago.

Cost of waiting

funding view
Funding /8h
+0.0048%
Per $10,000 a day
+$1.44
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 Popdex live order book, 3 min ago1.18 bp4.4 bp −$46.1 bp −$6158.2 bp −$5,823doesn't fit
Sell 01 Exchange live order book, 63 min ago0.42 bp8.3 bp −$816.8 bp −$168doesn't fitdoesn't fit

HYPE price on every exchange

against the cheapest. Click to use as the short leg.
Injective92.820cheapestVariational Omni92.853+0.035%ApeX Omni92.963+0.154%Hibachi92.969+0.161%StandX92.975+0.167%Bybit92.976+0.168%edgeX92.977+0.169%OKX92.982+0.175%BloFin92.985+0.178%Extended92.993+0.186%Katana Perps93.000+0.194%Bitget93.003+0.197%Derive93.015+0.210%Aftermath Perps93.018+0.214%Gate93.020+0.215%Phoenix93.023+0.219%BingX93.029+0.225%Binance93.035+0.231%
Popdex93.036+0.233%
01 Exchange93.052+0.250%
MEXC93.061+0.260%KuCoin93.061+0.260%Arcus93.067+0.266%Hotstuff93.071+0.270%Pacifica93.079+0.279%Ondo Perps93.080+0.280%Nado93.081+0.281%RISEx93.091+0.293%Vest93.097+0.298%Aster93.097+0.298%Aevo93.110+0.312%Hyperliquid93.122+0.325%GMX93.126+0.330%Bluefin93.126+0.330%Lighter RH93.130+0.334%SoDEX93.132+0.336%gTrade (Gains Network)93.140+0.345%Paradex93.140+0.345%Perpl93.142+0.347%Reya93.145+0.351%dYdX93.146+0.351%Orderly93.147+0.352%Lighter93.151+0.357%Phemex93.152+0.358%Bullet93.164+0.371%Polymarket Perps93.165+0.372%Backpack93.174+0.381%Deribit93.177+0.385%Kraken Futures93.186+0.395%Coinbase International93.200+0.409%Kalshi93.207+0.417%SunX93.215+0.426%Bulk93.230+0.442%HTX93.315+0.533%

HYPE on 54 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective HYPE/USDC PERP−0.232%+0.0356%1h$23K$256K12xas long as short
Variational Omni HYPE−0.197%+0.0100%8h$29.5M$50.9M—as long as short
ApeX Omni HYPEUSDT−0.078%+0.0100%1h$427K$959K50xas long as short
Hibachi HYPE/USDT-P−0.072%+0.0728%1h$203K$211K7xas long as short
StandX HYPE-USD−0.066%+0.0100%1h$666K$2.1M20xas long as short
Bybit HYPEUSDT−0.064%+0.0100%8h$325.4M$285.7M75xas long as short
edgeX HYPEUSDC−0.064%+0.0109%4h$5.1M$28.4M30xas long as short
OKX HYPE-USDT-SWAP−0.058%+0.0052%8h$115.2M$313.6M50xas long as short
BloFin HYPE-USDT−0.055%+0.0340%4h$17.6M$12.6M75xas long as short
Extended HYPE-USD−0.046%+0.0104%1h$18.2M$42.0M50xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Katana Perps HYPE-USD−0.039%+0.0100%8h$38K$1.8M10xas long as short
Bitget HYPEUSDT−0.035%+0.0100%4h$227.9M$100.5M75xas long as short
Derive HYPE-PERP−0.023%+0.0100%1h$16.4M$7.2M10xas long as short
Aftermath Perps HYPEUSD−0.019%+0.0291%1h$22K$35K10xas long as short
Gate HYPE_USDT−0.017%+0.0100%4h$44.4M$53.3M75xas long as short
Phoenix HYPE−0.014%+0.0386%1h$294K$1.0M10xas long as short
BingX HYPE-USDT−0.008%+0.0032%4h—$52.3M—as long as short
Binance HYPEUSDT−0.002%+0.0100%4h$393.6M$838.9M75xas long as short
Popdex HYPEUSDTlong0.000%+0.0096%1h$155K$1.1M50x
01 Exchange HYPEUSDshort+0.017%+0.0144%1h$90K$324K20x
MEXC HYPE_USDT+0.027%+0.0100%4h$96.4M$84.6M100xas long as short
KuCoin HYPEUSDTM+0.027%+0.0100%4h$44.8M$19.8M75xas long as short
Arcus HYPE-USD+0.033%+0.0100%1h$1.2M$4.2M10xas long as short
Hotstuff HYPE-PERP+0.038%−0.0080%1h$3K$30725xas long as short
Pacifica HYPE+0.046%+0.0100%1h$11.3M$12.3M20xas long as short
Ondo Perps HYPE-USD.P+0.047%+0.0100%1h$697K$975K10xas long as short
Nado HYPE-PERP+0.048%+0.0100%1h$5.5M$42.8M10xas long as short
RISEx HYPE/USDC+0.060%+0.0620%1h$2.5M$7.3M20xas long as short
Vest HYPE-PERP+0.065%+0.0100%1h—$407K5xas long as short
Aster HYPEUSDT+0.065%+0.0100%4h$8.8M$35.8M300xas long as short
Aevo HYPE-PERP+0.080%+0.0104%1h$396K$340K20xas long as short
Hyperliquid HYPE+0.092%+0.0100%1h$2.00B$614.6M10xas long as short
GMX HYPE/USD [WBTC.b-USDC]+0.097%L +0.0351% / S −0.0169%1h$1.5M—100xas long as short
Bluefin HYPE-PERP+0.097%+0.0100%1h$73K$192K20xas long as short
Lighter RH HYPE+0.101%+0.0096%1h$3.2M$11.8M20xas long as short
SoDEX HYPE-USD+0.103%+0.0100%1h$2.0M$1.9M10xas long as short
gTrade (Gains Network) HYPE/USD+0.112%L +0.0002% / S −0.0001%1h$18K—150xas long as short
Paradex HYPE-USD-PERP+0.112%+0.0131%8h$337K$287K20xas long as short
Perpl HYPE+0.114%+0.0223%43m$31K$348K10xas long as short
Reya HYPERUSDPERP+0.118%+0.0227%1h$73K$166K15xas long as short
dYdX HYPE-USD+0.118%+0.0029%1h$127K$26K5xas long as short
Orderly PERP_HYPE_USDC+0.119%−0.0050%4h$169K$376K20xas long as short
Lighter HYPE+0.124%+0.0288%1h$18.4M$56.3M20xas long as short
Phemex HYPEUSDT+0.125%+0.0100%8h$12.6M$2.3M50xas long as short
Bullet HYPE-USD+0.138%+0.0100%1h$112K$577K20xas long as short
Polymarket Perps HYPE-USD+0.139%+0.0100%1h$452K$2.4M20xas long as short
Backpack HYPE_USDC_PERP+0.148%+0.0100%1h$8.4M$9.4M20xas long as short
Deribit HYPE_USDC-PERPETUAL+0.152%+0.0394%1h$7.4M$4.7M50xas long as short
Kraken Futures PF_HYPEUSD+0.161%+0.0409%1h$16.4M$20.8M50xas long as short
Coinbase International HYPE-PERP-INTX+0.176%+0.0152%1h$5.0M$5.5M50xas long as short
Kalshi KXHYPEPERP+0.184%+0.0121%8h$1.7M$4.8M2.3xas long as short
SunX HYPE-USDT+0.192%+0.0100%4h$32K$1.6M20xas long as short
Bulk HYPE-USD+0.209%+0.0100%1h$211K$10K10xas long as short
HTX HYPE-USDT+0.300%+0.0759%4h$1.5M$7.0M75xas long as short