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

HYPE

all HYPE markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.019%
7d average+0.040%if it closes, per $10,000$2funding while held, a day+$0.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni HYPE93.0170.0100pay 0.0100% / 8h5h 41m$28.5M$50.0M
ShortBullet HYPE-USD92.9990.0100get 0.0013% / 1h41m 15s$112K$568K20x

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
−$1.95
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$9.95
Spread needed to break even
0.080%
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Bullet: live order book, 59 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 Variational Omni RFQ quote, 4 min ago0.43 bpdoesn't fit2.8 bp −$2819.0 bp −$1,898doesn't fit
Sell Bullet live order book, 59 min ago0.32 bp5.9 bp −$69.2 bp −$92doesn'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−0.266%+0.1593%1h$30K$177K12xas long as short
Hibachi HYPE/USDT-P−0.098%−0.0840%1h$194K$234K7xas long as short
Ondo Perps HYPE-USD.P−0.062%+0.0100%1h$698K$1.0M10xas long as short
Aftermath Perps HYPEUSD−0.059%+0.0138%1h$22K$30K10xas long as short
Arcus HYPE-USD−0.056%−0.0121%1h$1.2M$4.1M10xas long as short
Bybit HYPEUSDT−0.052%+0.0100%8h$326.1M$291.1M75xas long as short
Phemex HYPEUSDT−0.041%+0.0100%8h$12.6M$2.4M50xas long as short
OKX HYPE-USDT-SWAP−0.040%+0.0100%8h$114.5M$319.9M50xas long as short
Aster HYPEUSDT−0.036%+0.0100%4h$8.9M$36.0M300xas long as short
Derive HYPE-PERP−0.032%+0.0100%1h$16.3M$7.1M10xas long as short
Show all 54 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Extended HYPE-USD−0.028%+0.0104%1h$18.0M$41.2M50xas long as short
Nado HYPE-PERP−0.028%+0.0100%1h$6.3M$43.8M10xas long as short
Gate HYPE_USDT−0.023%+0.0100%4h$43.9M$56.4M75xas long as short
Bullet HYPE-USDshort−0.019%+0.0100%1h$112K$568K20x
Binance HYPEUSDT−0.019%+0.0100%4h$388.1M$869.2M75xas long as short
SoDEX HYPE-USD−0.019%+0.0100%1h$2.0M$2.0M10xas long as short
Reya HYPERUSDPERP−0.019%+0.0239%1h$76K$157K15xas long as short
Vest HYPE-PERP−0.018%+0.0100%1h$407K5xas long as short
BingX HYPE-USDT−0.018%+0.0100%4h$53.9Mas long as short
GMX HYPE/USD [WBTC.b-USDC]−0.016%L +0.0339% / S −0.0164%1h$1.4M100xas long as short
Bitget HYPEUSDT−0.015%+0.0100%4h$226.1M$104.1M75xas long as short
Perpl HYPE−0.015%+0.0447%43m$27K$382K10xas long as short
Aevo HYPE-PERP−0.013%+0.0104%1h$396K$330K20xas long as short
Bluefin HYPE-PERP−0.008%+0.0100%1h$75K$179K20xas long as short
Variational Omni HYPElong0.000%+0.0100%8h$28.5M$50.0M
gTrade (Gains Network) HYPE/USD+0.002%L +0.0002% / S −0.0003%1h$78K150xas long as short
MEXC HYPE_USDT+0.003%+0.0100%4h$90.0M$82.6M100xas long as short
Popdex HYPEUSDT+0.005%+0.0096%1h$55K$1.2M50xas long as short
BloFin HYPE-USDT+0.006%+0.0340%4h$17.3M$12.3M75xas long as short
dYdX HYPE-USD+0.008%+0.0038%1h$127K$28K5xas long as short
KuCoin HYPEUSDTM+0.009%+0.0100%4h$46.5M$20.3M75xas long as short
Orderly PERP_HYPE_USDC+0.013%+0.0100%4h$192K$489K20xas long as short
Pacifica HYPE+0.015%+0.0100%1h$10.2M$14.4M20xas long as short
Hotstuff HYPE-PERP+0.023%−0.0080%1h$3K$30725xas long as short
Polymarket Perps HYPE-USD+0.027%+0.0100%1h$461K$2.5M20xas long as short
Phoenix HYPE+0.027%+0.0338%1h$221K$977K10xas long as short
ApeX Omni HYPEUSDT+0.028%+0.0100%1h$427K$949K50xas long as short
01 Exchange HYPEUSD+0.033%+0.0120%1h$89K$322K20xas long as short
StandX HYPE-USD+0.034%+0.0100%1h$672K$2.3M20xas long as short
Bulk HYPE-USD+0.034%+0.0100%1h$205K$10K10xas long as short
Katana Perps HYPE-USD+0.035%+0.0100%8h$13K$1.9M10xas long as short
edgeX HYPEUSDC+0.036%+0.0110%4h$5.1M$28.7M30xas long as short
Kraken Futures PF_HYPEUSD+0.042%+0.0085%1h$16.1M$21.0M50xas long as short
Kalshi KXHYPEPERP+0.043%+0.0111%8h$2.0M$5.5M2.3xas long as short
Lighter RH HYPE+0.044%+0.0096%1h$3.2M$12.5M20xas long as short
Paradex HYPE-USD-PERP+0.046%+0.0110%8h$340K$288K20xas long as short
SunX HYPE-USDT+0.056%+0.0100%4h$32K$1.6M20xas long as short
Lighter HYPE+0.062%+0.0096%1h$18.4M$57.8M20xas long as short
RISEx HYPE/USDC+0.076%+0.0569%1h$2.6M$6.6M20xas long as short
Deribit HYPE_USDC-PERPETUAL+0.080%+0.0255%1h$7.3M$4.8M50xas long as short
Backpack HYPE_USDC_PERP+0.081%+0.0100%1h$8.4M$11.2M20xas long as short
Hyperliquid HYPE+0.084%+0.0591%1h$2.01B$665.2M10xas long as short
Coinbase International HYPE-PERP-INTX+0.100%+0.0200%1h$5.0M$5.6M50xas long as short
HTX HYPE-USDT+0.196%+0.0631%4h$1.5M$7.4M75xas long as short