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−$47
spread now−0.039%7d average−0.005%fees + slippage, in and out−$43spread needed0.433%
Long on SoDEXShort on Bluefin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX HYPE-USD92.9050.0100pay 0.0013% / 1h48m 00s$2.0M$2.0M10x
ShortBluefin HYPE-PERP92.8690.0100get 0.0013% / 1h48m 00s$75K$179K20x

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
−$3.87
Funding while held
$0
Slippage, 4 orders
−$28.28
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$47.16
Spread needed to break even
0.433%
Slippage from SoDEX: live order book, 2 min ago; Bluefin: live order book, 53 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 SoDEX live order book, 2 min ago0.38 bp7.4 bp −$711.9 bp −$11999.9 bp −$9,991doesn't fit
Sell Bluefin live order book, 53 min ago3.23 bp14.0 bp −$14doesn't fitdoesn't fitdoesn't fit

HYPE price on every exchange

against the cheapest. Click to use as the short leg.
Injective92.480cheapestHibachi92.696+0.234%Aftermath Perps92.718+0.257%Ondo Perps92.730+0.270%Variational Omni92.747+0.289%dYdX92.779+0.323%Arcus92.781+0.325%StandX92.795+0.341%Hotstuff92.800+0.346%Pacifica92.812+0.359%ApeX Omni92.824+0.372%BloFin92.832+0.381%Vest92.841+0.390%Katana Perps92.850+0.400%Perpl92.855+0.406%Aster92.861+0.412%Gate92.861+0.412%Paradex92.866+0.418%Derive92.866+0.418%Phemex92.868+0.420%
Bluefin92.869+0.421%
BingX92.872+0.424%Bullet92.878+0.431%Bybit92.880+0.433%GMX92.880+0.433%KuCoin92.886+0.439%Reya92.889+0.442%OKX92.893+0.447%Aevo92.898+0.452%Nado92.899+0.453%Coinbase International92.900+0.454%Popdex92.902+0.456%Polymarket Perps92.905+0.460%gTrade (Gains Network)92.905+0.460%
SoDEX92.905+0.460%
Binance92.909+0.464%Bitget92.911+0.466%Orderly92.911+0.466%Kalshi92.913+0.468%Extended92.913+0.468%RISEx92.925+0.481%Backpack92.927+0.483%Hyperliquid92.936+0.493%MEXC92.937+0.494%01 Exchange92.941+0.498%Lighter RH92.949+0.507%Lighter92.953+0.512%Kraken Futures92.974+0.535%Bulk92.987+0.549%SunX92.988+0.549%Deribit92.990+0.551%Phoenix92.995+0.557%edgeX93.000+0.562%HTX93.050+0.616%

HYPE on 54 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective HYPE/USDC PERP−0.457%+0.1593%1h$24K$171K12xas long as short
Hibachi HYPE/USDT-P−0.225%−0.0800%1h$193K$232K7xas long as short
Aftermath Perps HYPEUSD−0.202%+0.0116%1h$22K$30K10xas long as short
Ondo Perps HYPE-USD.P−0.188%+0.0100%1h$705K$1.0M10xas long as short
Variational Omni HYPE−0.170%+0.0100%8h$28.5M$50.0M—as long as short
dYdX HYPE-USD−0.136%+0.0037%1h$126K$28K5xas long as short
Arcus HYPE-USD−0.133%−0.0121%1h$1.2M$4.1M10xas long as short
StandX HYPE-USD−0.118%+0.0100%1h$670K$2.3M20xas long as short
Hotstuff HYPE-PERP−0.113%−0.0080%1h$3K$30725xas long as short
Pacifica HYPE−0.101%+0.0100%1h$10.1M$14.4M20xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
ApeX Omni HYPEUSDT−0.087%+0.0100%1h$426K$941K50xas long as short
BloFin HYPE-USDT−0.079%+0.0340%4h$17.3M$12.2M75xas long as short
Vest HYPE-PERP−0.069%+0.0100%1h—$407K5xas long as short
Katana Perps HYPE-USD−0.059%+0.0100%8h$20K$1.9M10xas long as short
Perpl HYPE−0.054%+0.0447%43m$27K$379K10xas long as short
Aster HYPEUSDT−0.047%+0.0100%4h$8.9M$36.0M300xas long as short
Gate HYPE_USDT−0.047%+0.0100%4h$43.9M$56.1M75xas long as short
Paradex HYPE-USD-PERP−0.042%+0.0109%8h$339K$288K20xas long as short
Derive HYPE-PERP−0.042%+0.0100%1h$16.3M$7.1M10xas long as short
Phemex HYPEUSDT−0.040%+0.0100%8h$12.5M$2.4M50xas long as short
Bluefin HYPE-PERPshort−0.039%+0.0100%1h$75K$179K20x
BingX HYPE-USDT−0.036%+0.0100%4h—$54.0M—as long as short
Bullet HYPE-USD−0.029%+0.0100%1h$111K$569K20xas long as short
Bybit HYPEUSDT−0.027%+0.0100%8h$325.6M$290.9M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]−0.027%L +0.0336% / S −0.0163%1h$1.4M—100xas long as short
KuCoin HYPEUSDTM−0.020%+0.0100%4h$46.3M$20.2M75xas long as short
Reya HYPERUSDPERP−0.018%+0.0238%1h$76K$157K15xas long as short
OKX HYPE-USDT-SWAP−0.013%+0.0100%8h$114.4M$318.5M50xas long as short
Aevo HYPE-PERP−0.007%+0.0104%1h$395K$333K20xas long as short
Nado HYPE-PERP−0.006%+0.0100%1h$6.4M$43.8M10xas long as short
Coinbase International HYPE-PERP-INTX−0.005%+0.0200%1h$5.0M$5.6M50xas long as short
Popdex HYPEUSDT−0.003%+0.0096%1h$54K$1.2M50xas long as short
Polymarket Perps HYPE-USD0.000%+0.0100%1h$460K$2.5M20xas long as short
gTrade (Gains Network) HYPE/USD0.000%L +0.0002% / S −0.0003%1h$78K—150xas long as short
SoDEX HYPE-USDlong0.000%+0.0100%1h$2.0M$2.0M10x
Binance HYPEUSDT+0.005%+0.0100%4h$387.9M$866.4M75xas long as short
Bitget HYPEUSDT+0.006%+0.0100%4h$225.8M$103.8M75xas long as short
Orderly PERP_HYPE_USDC+0.006%+0.0100%4h$191K$487K20xas long as short
Kalshi KXHYPEPERP+0.009%+0.0109%8h$2.0M$5.4M2.3xas long as short
Extended HYPE-USD+0.009%+0.0104%1h$18.0M$41.2M50xas long as short
RISEx HYPE/USDC+0.022%+0.0569%1h$2.6M$6.6M20xas long as short
Backpack HYPE_USDC_PERP+0.024%+0.0100%1h$8.4M$11.2M20xas long as short
Hyperliquid HYPE+0.033%+0.0429%1h$2.01B$662.4M10xas long as short
MEXC HYPE_USDT+0.034%+0.0100%4h$90.3M$82.4M100xas long as short
01 Exchange HYPEUSD+0.039%+0.0112%1h$89K$321K20xas long as short
Lighter RH HYPE+0.047%+0.0096%1h$3.2M$12.4M20xas long as short
Lighter HYPE+0.052%+0.0096%1h$18.4M$57.7M20xas long as short
Kraken Futures PF_HYPEUSD+0.075%+0.0085%1h$16.1M$20.9M50xas long as short
Bulk HYPE-USD+0.089%+0.0100%1h$205K$10K10xas long as short
SunX HYPE-USDT+0.089%+0.0100%4h$32K$1.6M20xas long as short
Deribit HYPE_USDC-PERPETUAL+0.091%+0.0482%1h$7.3M$4.7M50xas long as short
Phoenix HYPE+0.097%+0.0338%1h$220K$977K10xas long as short
edgeX HYPEUSDC+0.102%+0.0114%4h$5.1M$28.7M30xas long as short
HTX HYPE-USDT+0.156%+0.0657%4h$1.5M$7.4M75xas long as short