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.

Spread before costs (cost unknown: a leg has no order-book sample)+0.029%
7d average−0.072%if it closes, per $10,000$3funding while held, a day+$0.00
Long on SunXShort on Aster
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX HYPE-USDT92.9120.0100pay 0.0050% / 4h2h 38m$32K$1.6M20x
ShortAster HYPEUSDT92.9390.0100get 0.0050% / 4h2h 38m$8.8M$35.3M300x

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
$2.89
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee SunX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$15.11
Spread needed to break even
0.180%
Slippage unknown: SunX: live order book, 3 min ago; Aster: live order book, 2 min ago. Net counts fees only.

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 SunX live order book, 3 min ago28.34 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 2 min ago0.32 bp6.2 bp −$67.3 bp −$7319.5 bp −$1,953doesn't fit

HYPE price on every exchange

against the cheapest. Click to use as the short leg.
ApeX Omni92.667cheapestHibachi92.732+0.070%edgeX92.752+0.092%Variational Omni92.790+0.133%StandX92.796+0.139%Coinbase International92.830+0.176%Perpl92.848+0.196%Hotstuff92.854+0.202%GMX92.855+0.202%Aevo92.869+0.217%Polymarket Perps92.895+0.246%Bullet92.895+0.246%Derive92.899+0.251%Reya92.902+0.253%KuCoin92.902+0.254%Bluefin92.912+0.264%
SunX92.912+0.264%
Aftermath Perps92.914+0.267%gTrade (Gains Network)92.915+0.268%Phoenix92.929+0.283%Kalshi92.930+0.284%Orderly92.933+0.287%SoDEX92.934+0.288%Phemex92.937+0.291%
Aster92.939+0.293%
Katana Perps92.940+0.295%BloFin92.944+0.299%Ondo Perps92.950+0.305%Vest92.952+0.308%Arcus92.956+0.312%Bybit92.964+0.321%Hyperliquid92.970+0.327%OKX92.970+0.327%Kraken Futures92.970+0.327%Backpack92.972+0.329%Pacifica92.982+0.340%Extended92.991+0.350%dYdX92.991+0.350%Lighter RH92.995+0.354%Deribit93.000+0.359%Popdex93.005+0.365%Nado93.008+0.369%Binance93.010+0.370%Gate93.014+0.374%Bitget93.020+0.381%Lighter93.021+0.382%01 Exchange93.023+0.384%Bulk93.023+0.385%BingX93.027+0.388%MEXC93.060+0.424%RISEx93.072+0.437%Paradex93.077+0.442%HTX93.100+0.467%Injective93.640+1.050%

HYPE on 54 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
ApeX Omni HYPEUSDT−0.264%+0.0100%1h$426K$927K50xas long as short
Hibachi HYPE/USDT-P−0.194%−0.1120%1h$194K$227K7xas long as short
edgeX HYPEUSDC−0.172%+0.0104%4h$5.1M$28.4M30xas long as short
Variational Omni HYPE−0.131%+0.0100%8h$28.8M$50.0M—as long as short
StandX HYPE-USD−0.125%+0.0100%1h$669K$2.3M20xas long as short
Coinbase International HYPE-PERP-INTX−0.088%+0.0200%1h$4.9M$5.3M50xas long as short
Perpl HYPE−0.068%+0.0112%43m$29K$344K10xas long as short
Hotstuff HYPE-PERP−0.062%−0.0080%1h$3K$30725xas long as short
GMX HYPE/USD [WBTC.b-USDC]−0.062%L +0.0358% / S −0.0181%1h$1.5M—100xas long as short
Aevo HYPE-PERP−0.047%+0.0104%1h$395K$335K20xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Polymarket Perps HYPE-USD−0.018%+0.0100%1h$469K$2.4M20xas long as short
Bullet HYPE-USD−0.018%+0.0100%1h$112K$562K20xas long as short
Derive HYPE-PERP−0.014%+0.0100%1h$16.4M$7.2M10xas long as short
Reya HYPERUSDPERP−0.011%+0.0235%1h$73K$149K15xas long as short
KuCoin HYPEUSDTM−0.011%+0.0100%4h$45.9M$19.8M75xas long as short
Bluefin HYPE-PERP0.000%+0.0501%1h$73K$182K20xas long as short
SunX HYPE-USDTlong0.000%+0.0100%4h$32K$1.6M20x
Aftermath Perps HYPEUSD+0.002%+0.0322%1h$22K$32K10xas long as short
gTrade (Gains Network) HYPE/USD+0.003%L +0.0002% / S −0.0001%1h$54K—150xas long as short
Phoenix HYPE+0.018%+0.0351%1h$293K$984K10xas long as short
Kalshi KXHYPEPERP+0.019%+0.0103%8h$1.7M$4.9M2.3xas long as short
Orderly PERP_HYPE_USDC+0.023%+0.0075%4h$193K$453K20xas long as short
SoDEX HYPE-USD+0.024%+0.0100%1h$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.027%+0.0100%8h$12.6M$2.4M50xas long as short
Aster HYPEUSDTshort+0.029%+0.0100%4h$8.8M$35.3M300x
Katana Perps HYPE-USD+0.030%+0.0100%8h$30K$1.8M10xas long as short
BloFin HYPE-USDT+0.034%+0.0340%4h$17.5M$11.6M75xas long as short
Ondo Perps HYPE-USD.P+0.041%+0.0100%1h$697K$973K10xas long as short
Vest HYPE-PERP+0.043%+0.0100%1h—$407K5xas long as short
Arcus HYPE-USD+0.047%+0.0100%1h$1.2M$4.0M10xas long as short
Bybit HYPEUSDT+0.056%+0.0100%8h$326.7M$282.3M75xas long as short
Hyperliquid HYPE+0.062%+0.0973%1h$2.02B$618.8M10xas long as short
OKX HYPE-USDT-SWAP+0.062%+0.0100%8h$114.4M$310.3M50xas long as short
Kraken Futures PF_HYPEUSD+0.063%+0.0258%1h$16.2M$20.7M50xas long as short
Backpack HYPE_USDC_PERP+0.065%+0.0100%1h$8.6M$10.7M20xas long as short
Pacifica HYPE+0.076%+0.0100%1h$11.3M$12.3M20xas long as short
Extended HYPE-USD+0.085%+0.0104%1h$18.1M$41.6M50xas long as short
dYdX HYPE-USD+0.085%+0.0011%1h$127K$26K5xas long as short
Lighter RH HYPE+0.089%+0.0096%1h$3.1M$12.0M20xas long as short
Deribit HYPE_USDC-PERPETUAL+0.095%+0.0234%1h$7.3M$4.3M50xas long as short
Popdex HYPEUSDT+0.100%+0.0096%1h$65K$1.2M50xas long as short
Nado HYPE-PERP+0.104%+0.0100%1h$6.4M$43.3M10xas long as short
Binance HYPEUSDT+0.105%+0.0100%4h$389.7M$845.6M75xas long as short
Gate HYPE_USDT+0.110%+0.0100%4h$44.0M$53.7M75xas long as short
Bitget HYPEUSDT+0.116%+0.0100%4h$227.5M$100.9M75xas long as short
Lighter HYPE+0.117%+0.0096%1h$18.3M$56.8M20xas long as short
01 Exchange HYPEUSD+0.119%+0.0096%1h$91K$314K20xas long as short
Bulk HYPE-USD+0.120%+0.0100%1h$203K$8K10xas long as short
BingX HYPE-USDT+0.124%+0.0040%4h—$52.0M—as long as short
MEXC HYPE_USDT+0.159%+0.0100%4h$91.8M$82.3M100xas long as short
RISEx HYPE/USDC+0.172%+0.0611%1h$2.5M$6.7M20xas long as short
Paradex HYPE-USD-PERP+0.178%+0.0112%8h$336K$287K20xas long as short
HTX HYPE-USDT+0.202%+0.0880%4h$1.5M$7.1M75xas long as short
Injective HYPE/USDC PERP+0.784%+0.0082%1h$24K$167K12xas long as short