After costs, if the gap returns to its 7d average, $10k−$33
spread now−0.045%7d average−0.049%fees + slippage, in and out−$33spread needed0.334%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange HYPEUSD | 92.957 | 0.0056 | pay 0.0007% / 1h | 57m 30s | $89K | $324K | 20x |
| Short | Gate HYPE_USDT | 92.915 | 0.0100 | get 0.0050% / 4h | 57m 30s | $43.9M | $55.1M | 75x |
Price 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
- −$4.52
- Funding while held
- $1.32
- Slippage, 4 orders
- −$11.35
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$36.55
- Spread needed to break even
- 0.334%
Slippage from 01 Exchange: live order book, 38 min ago; Gate: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0044%
- Per $10,000 a day
- +$1.32
- 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, 38 min ago | 0.11 bp | 5.1 bp −$5 | 9.5 bp −$95 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 0.81 bp | 11.3 bp −$11 | 15.2 bp −$152 | 30.3 bp −$3,031 | 52.4 bp −$26.2K |
HYPE price on every exchange
against the cheapest. Click to use as the short leg.HYPE on 54 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective HYPE/USDC PERP | −0.180% | −0.0004% | 1h | $30K | $131K | 12x | as long as short |
| Ondo Perps HYPE-USD.P | −0.094% | +0.0066% | 1h | $698K | $1.0M | 10x | as long as short |
| Arcus HYPE-USD | −0.074% | +0.0082% | 1h | $1.2M | $4.1M | 10x | as long as short |
| Bybit HYPEUSDT | −0.061% | +0.0100% | 8h | $325.5M | $291.1M | 75x | as long as short |
| Hibachi HYPE/USDT-P | −0.057% | −0.0928% | 1h | $194K | $239K | 7x | as long as short |
| Extended HYPE-USD | −0.049% | +0.0104% | 1h | $18.0M | $40.9M | 50x | as long as short |
| OKX HYPE-USDT-SWAP | −0.045% | +0.0100% | 8h | $113.9M | $318.0M | 50x | as long as short |
| Gate HYPE_USDTshort | −0.045% | +0.0100% | 4h | $43.9M | $55.1M | 75x | |
| Katana Perps HYPE-USD | −0.040% | +0.0100% | 8h | $13K | $1.9M | 10x | as long as short |
| KuCoin HYPEUSDTM | −0.040% | +0.0100% | 4h | $46.2M | $20.2M | 75x | as long as short |
Show all 54 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget HYPEUSDT | −0.038% | +0.0100% | 4h | $225.9M | $104.9M | 75x | as long as short |
| Perpl HYPE | −0.031% | 0.0000% | 43m | $25K | $393K | 10x | as long as short |
| Reya HYPERUSDPERP | −0.029% | +0.0240% | 1h | $76K | $157K | 15x | as long as short |
| MEXC HYPE_USDT | −0.024% | +0.0100% | 4h | $91.4M | $81.7M | 100x | as long as short |
| Vest HYPE-PERP | −0.023% | +0.0100% | 1h | — | $407K | 5x | as long as short |
| Popdex HYPEUSDT | −0.023% | +0.0096% | 1h | $54K | $1.3M | 50x | as long as short |
| BingX HYPE-USDT | −0.022% | +0.0100% | 4h | — | $56.3M | — | as long as short |
| Binance HYPEUSDT | −0.016% | +0.0100% | 4h | $386.8M | $873.0M | 75x | as long as short |
| Bullet HYPE-USD | −0.015% | +0.0100% | 1h | $112K | $568K | 20x | as long as short |
| Aster HYPEUSDT | −0.014% | +0.0047% | 4h | $9.0M | $36.4M | 300x | as long as short |
| Variational Omni HYPE | −0.010% | +0.0100% | 8h | $28.6M | $49.5M | — | as long as short |
| gTrade (Gains Network) HYPE/USD | −0.003% | L +0.0002% / S −0.0005% | 1h | $43K | — | 150x | as long as short |
| Polymarket Perps HYPE-USD | −0.002% | +0.0100% | 1h | $464K | $2.6M | 20x | as long as short |
| 01 Exchange HYPEUSDlong | 0.000% | +0.0056% | 1h | $89K | $324K | 20x | |
| GMX HYPE/USD [WBTC.b-USDC] | +0.003% | L +0.0339% / S −0.0164% | 1h | $1.4M | — | 100x | as long as short |
| Hotstuff HYPE-PERP | +0.004% | −0.0080% | 1h | $3K | $307 | 25x | as long as short |
| Phemex HYPEUSDT | +0.010% | +0.0100% | 8h | $12.6M | $2.4M | 50x | as long as short |
| Aftermath Perps HYPEUSD | +0.016% | +0.0044% | 1h | $22K | $28K | 10x | as long as short |
| Nado HYPE-PERP | +0.017% | +0.0100% | 1h | $6.4M | $43.8M | 10x | as long as short |
| Pacifica HYPE | +0.018% | +0.0100% | 1h | $10.0M | $14.4M | 20x | as long as short |
| StandX HYPE-USD | +0.020% | +0.0100% | 1h | $673K | $2.3M | 20x | as long as short |
| BloFin HYPE-USDT | +0.024% | +0.0340% | 4h | $17.4M | $12.3M | 75x | as long as short |
| edgeX HYPEUSDC | +0.028% | +0.0107% | 4h | $5.1M | $28.8M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.028% | +0.0104% | 8h | $340K | $288K | 20x | as long as short |
| Hyperliquid HYPE | +0.033% | +0.0522% | 1h | $2.01B | $671.2M | 10x | as long as short |
| SoDEX HYPE-USD | +0.033% | +0.0100% | 1h | $2.0M | $2.0M | 10x | as long as short |
| Derive HYPE-PERP | +0.034% | +0.0100% | 1h | $16.3M | $7.1M | 10x | as long as short |
| Aevo HYPE-PERP | +0.036% | +0.0104% | 1h | $396K | $321K | 20x | as long as short |
| RISEx HYPE/USDC | +0.038% | +0.0516% | 1h | $2.6M | $6.3M | 20x | as long as short |
| Bulk HYPE-USD | +0.042% | +0.0100% | 1h | $203K | $11K | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.042% | +0.0100% | 1h | $427K | $906K | 50x | as long as short |
| Bluefin HYPE-PERP | +0.049% | +0.0100% | 1h | $75K | $177K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | +0.055% | +0.0100% | 4h | $192K | $507K | 20x | as long as short |
| SunX HYPE-USDT | +0.059% | +0.0100% | 4h | $32K | $1.6M | 20x | as long as short |
| Backpack HYPE_USDC_PERP | +0.060% | +0.0100% | 1h | $7.9M | $11.6M | 20x | as long as short |
| dYdX HYPE-USD | +0.062% | 0.0000% | 1h | $127K | $28K | 5x | as long as short |
| Lighter RH HYPE | +0.065% | +0.0096% | 1h | $3.1M | $12.0M | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.065% | 0.0000% | 8h | $2.0M | $5.5M | 2.3x | as long as short |
| Lighter HYPE | +0.077% | +0.0096% | 1h | $18.6M | $57.4M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.090% | +0.0151% | 1h | $16.1M | $21.1M | 50x | as long as short |
| Phoenix HYPE | +0.097% | +0.0172% | 1h | $220K | $954K | 10x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.111% | +0.0200% | 1h | $4.9M | $5.7M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.133% | +0.0503% | 1h | $7.4M | $4.7M | 50x | as long as short |
| HTX HYPE-USDT | +0.175% | +0.0491% | 4h | $1.5M | $7.4M | 75x | as long as short |
Gate HYPE_USDT
Injective
Bybit
Extended
OKX
Katana Perps
KuCoin
Bitget
MEXC
Popdex
BingX
Binance
Bullet
Aster
Variational Omni
gTrade (Gains Network)
Polymarket Perps
GMX
Phemex
Pacifica
StandX
BloFin
Paradex
Hyperliquid
SoDEX
Derive
RISEx
Bulk
ApeX Omni
Bluefin
SunX
Backpack
Lighter RH
Lighter
Kraken Futures
Phoenix
Coinbase International
Deribit
HTX