After costs, if the gap returns to its 7d average, $10k−$23
spread now−0.026%7d average−0.041%fees + slippage, in and out−$24spread needed0.245%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange HYPEUSD | 93.158 | 0.0160 | pay 0.0020% / 1h | 29m 07s | $91K | $321K | 20x |
| Short | Aster HYPEUSDT | 93.133 | 0.0100 | get 0.0050% / 4h | 3h 29m | $8.9M | $35.5M | 300x |
Aster HYPEUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$2.63
- Funding while held
- −$1.8
- Slippage, 4 orders
- −$9.47
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$28.9
- Spread needed to break even
- 0.245%
Slippage from 01 Exchange: live order book, 16 min ago; Aster: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0060%
- Per $10,000 a day
- −$1.80
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy 01 Exchange live order book, 16 min ago | 0.05 bp | 6.7 bp −$7 | 15.8 bp −$158 | doesn't fit | doesn't fit |
| Sell Aster live order book, 1 min ago | 0.22 bp | 5.2 bp −$5 | 6.4 bp −$64 | 19.3 bp −$1,928 | doesn't fit |
HYPE price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni92.740cheapestBulk92.844+0.112%edgeX92.856+0.125%ApeX Omni92.901+0.173%Aftermath Perps92.916+0.190%Arcus93.018+0.300%Katana Perps93.020+0.302%Hibachi93.025+0.307%Nado93.037+0.320%StandX93.046+0.330%Vest93.064+0.349%KuCoin93.085+0.372%BingX93.086+0.373%OKX93.093+0.381%Derive93.097+0.384%Phemex93.099+0.387%dYdX93.102+0.390%Bybit93.102+0.390%Bitget93.103+0.391%GMX93.105+0.393%Hotstuff93.106+0.395%Gate93.108+0.397%Pacifica93.108+0.397%Polymarket Perps93.109+0.398%Popdex93.111+0.400%Bluefin93.111+0.400%Reya93.115+0.404%Perpl93.115+0.404%gTrade (Gains Network)93.117+0.407%Aevo93.118+0.408%SoDEX93.122+0.412%Paradex93.122+0.412%Binance93.125+0.415%Extended93.125+0.415%Bullet93.126+0.416%Ondo Perps93.130+0.420%
Variational Omni
Bulk
ApeX Omni
Arcus
Katana Perps
Hibachi
Nado
StandX
Vest
KuCoin
BingX
OKX
Derive
Phemex
dYdX
Bybit
Bitget
GMX
Hotstuff
Gate
Pacifica
Polymarket Perps
Popdex
Bluefin
Reya
Perpl
gTrade (Gains Network)
Aevo
SoDEX
Paradex
Binance
Extended
Bullet
Ondo PerpsAster93.133+0.424%
Orderly93.142+0.433%BloFin93.143+0.434%MEXC93.144+0.436%RISEx93.146+0.438%Kalshi93.148+0.440%Phoenix93.148+0.440%Coinbase International93.150+0.442%Backpack93.155+0.447%Kraken Futures93.167+0.461%Lighter RH93.170+0.464%Hyperliquid93.175+0.469%SunX93.186+0.481%Lighter93.197+0.492%Deribit93.207+0.503%HTX93.307+0.611%Injective93.380+0.690%
Orderly
BloFin
MEXC
RISEx
Phoenix
Coinbase International
Backpack
Kraken Futures
Lighter RH
Hyperliquid
SunX
Lighter
Deribit
HTX
InjectiveHYPE on 54 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni HYPE | −0.449% | +0.0100% | 8h | $28.8M | $51.1M | — | as long as short |
| Bulk HYPE-USD | −0.337% | +0.0100% | 1h | $210K | $10K | 10x | as long as short |
| edgeX HYPEUSDC | −0.324% | +0.0104% | 4h | $5.1M | $28.8M | 30x | as long as short |
| ApeX Omni HYPEUSDT | −0.276% | +0.0100% | 1h | $427K | $933K | 50x | as long as short |
| Aftermath Perps HYPEUSD | −0.259% | +0.0293% | 1h | $22K | $34K | 10x | as long as short |
| Arcus HYPE-USD | −0.150% | +0.0100% | 1h | $1.2M | $4.2M | 10x | as long as short |
| Katana Perps HYPE-USD | −0.148% | +0.0100% | 8h | $41K | $1.8M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.143% | +0.0336% | 1h | $194K | $231K | 7x | as long as short |
| Nado HYPE-PERP | −0.130% | +0.0100% | 1h | $5.5M | $43.0M | 10x | as long as short |
| StandX HYPE-USD | −0.120% | +0.0100% | 1h | $670K | $2.2M | 20x | as long as short |
Show all 54 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest HYPE-PERP | −0.101% | +0.0100% | 1h | — | $407K | 5x | as long as short |
| KuCoin HYPEUSDTM | −0.078% | +0.0100% | 4h | $44.8M | $19.9M | 75x | as long as short |
| BingX HYPE-USDT | −0.077% | +0.0076% | 4h | — | $52.8M | — | as long as short |
| OKX HYPE-USDT-SWAP | −0.070% | +0.0077% | 8h | $114.3M | $314.1M | 50x | as long as short |
| Derive HYPE-PERP | −0.066% | +0.0100% | 1h | $16.4M | $7.2M | 10x | as long as short |
| Phemex HYPEUSDT | −0.063% | +0.0100% | 8h | $12.6M | $2.3M | 50x | as long as short |
| dYdX HYPE-USD | −0.060% | +0.0040% | 1h | $127K | $26K | 5x | as long as short |
| Bybit HYPEUSDT | −0.060% | +0.0100% | 8h | $324.8M | $285.6M | 75x | as long as short |
| Bitget HYPEUSDT | −0.059% | +0.0100% | 4h | $228.1M | $101.8M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | −0.057% | L +0.0353% / S −0.0174% | 1h | $1.5M | — | 100x | as long as short |
| Hotstuff HYPE-PERP | −0.056% | −0.0080% | 1h | $3K | $307 | 25x | as long as short |
| Gate HYPE_USDT | −0.054% | +0.0100% | 4h | $44.0M | $54.4M | 75x | as long as short |
| Pacifica HYPE | −0.053% | +0.0100% | 1h | $11.3M | $12.4M | 20x | as long as short |
| Polymarket Perps HYPE-USD | −0.053% | +0.0100% | 1h | $460K | $2.4M | 20x | as long as short |
| Popdex HYPEUSDT | −0.050% | +0.0096% | 1h | $134K | $1.2M | 50x | as long as short |
| Bluefin HYPE-PERP | −0.050% | +0.4827% | 1h | $73K | $188K | 20x | as long as short |
| Reya HYPERUSDPERP | −0.046% | +0.0229% | 1h | $73K | $161K | 15x | as long as short |
| Perpl HYPE | −0.046% | +0.0112% | 43m | $31K | $350K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | −0.044% | L +0.0002% / S −0.0001% | 1h | $55K | — | 150x | as long as short |
| Aevo HYPE-PERP | −0.043% | +0.0104% | 1h | $396K | $340K | 20x | as long as short |
| SoDEX HYPE-USD | −0.039% | +0.0100% | 1h | $2.0M | $2.0M | 10x | as long as short |
| Paradex HYPE-USD-PERP | −0.038% | +0.0125% | 8h | $337K | $288K | 20x | as long as short |
| Binance HYPEUSDT | −0.035% | +0.0100% | 4h | $392.2M | $849.5M | 75x | as long as short |
| Extended HYPE-USD | −0.035% | +0.0104% | 1h | $18.2M | $42.0M | 50x | as long as short |
| Bullet HYPE-USD | −0.035% | +0.0100% | 1h | $112K | $579K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.030% | +0.0100% | 1h | $697K | $989K | 10x | as long as short |
| Aster HYPEUSDTshort | −0.026% | +0.0100% | 4h | $8.9M | $35.5M | 300x | |
| Orderly PERP_HYPE_USDC | −0.017% | −0.0014% | 4h | $170K | $381K | 20x | as long as short |
| BloFin HYPE-USDT | −0.016% | +0.0340% | 4h | $17.4M | $12.2M | 75x | as long as short |
| MEXC HYPE_USDT | −0.015% | +0.0100% | 4h | $90.5M | $87.6M | 100x | as long as short |
| RISEx HYPE/USDC | −0.013% | +0.0620% | 1h | $2.5M | $7.3M | 20x | as long as short |
| Kalshi KXHYPEPERP | −0.011% | +0.0122% | 8h | $1.7M | $4.8M | 2.3x | as long as short |
| Phoenix HYPE | −0.011% | +0.0386% | 1h | $294K | $1.0M | 10x | as long as short |
| Coinbase International HYPE-PERP-INTX | −0.009% | +0.0152% | 1h | $4.9M | $5.5M | 50x | as long as short |
| Backpack HYPE_USDC_PERP | −0.003% | +0.0100% | 1h | $8.4M | $9.9M | 20x | as long as short |
| 01 Exchange HYPEUSDlong | 0.000% | +0.0160% | 1h | $91K | $321K | 20x | |
| Kraken Futures PF_HYPEUSD | +0.010% | +0.0409% | 1h | $16.3M | $20.8M | 50x | as long as short |
| Lighter RH HYPE | +0.013% | +0.0096% | 1h | $3.2M | $12.0M | 20x | as long as short |
| Hyperliquid HYPE | +0.018% | +0.0125% | 1h | $2.01B | $624.7M | 10x | as long as short |
| SunX HYPE-USDT | +0.030% | +0.0100% | 4h | $32K | $1.6M | 20x | as long as short |
| Lighter HYPE | +0.042% | +0.0176% | 1h | $18.3M | $57.3M | 20x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.053% | +0.0319% | 1h | $7.4M | $4.7M | 50x | as long as short |
| HTX HYPE-USDT | +0.160% | +0.0766% | 4h | $1.5M | $7.0M | 75x | as long as short |
| Injective HYPE/USDC PERP | +0.238% | +0.0356% | 1h | $23K | $256K | 12x | as long as short |