After costs, if the gap returns to its 7d average, $10k−$174
spread now+0.125%7d average+0.048%fees + slippage, in and out−$181spread needed1.814%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended W-USD | 0.01177 | 0.0104 | pay 0.0013% / 1h | 34m 06s | $59K | $276K | 5x |
| Short | Hyperliquid W | 0.01178 | 0.0100 | get 0.0013% / 1h | 34m 06s | $2.0M | $662K | 5x |
Extended W-USD
Hyperliquid WPrice 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
- $12.49
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$167.4
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$169.02
- Spread needed to break even
- 1.814%
Slippage from Extended: live order book, 30 min ago; Hyperliquid: live order book, 8 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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 Extended live order book, 30 min ago | 2.97 bp | 71.8 bp −$72 | 355.5 bp −$3,555 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 4.22 bp | 15.3 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
W price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.01176cheapest
BybitExtended0.01177+0.045%
Gate0.01177+0.060%Bitget0.01177+0.085%OKX0.01178+0.145%MEXC0.01178+0.145%BingX0.01178+0.145%Binance0.01178+0.146%
Gate
Bitget
OKX
MEXC
BingX
BinanceHyperliquid0.01178+0.170%
Deribit0.01178+0.179%Backpack0.01179+0.247%KuCoin0.01179+0.255%Kraken Futures0.01180+0.380%Variational Omni0.01181+0.455%Coinbase International0.01187+0.935%Injective0.01209+2.806%
Deribit
Backpack
KuCoin
Kraken Futures
Variational Omni
Coinbase International
InjectiveW on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit WUSDT | −0.045% | +0.0100% | 4h | $4.1M | $2.3M | 50x | as long as short |
| Extended W-USDlong | 0.000% | +0.0104% | 1h | $59K | $276K | 5x | |
| Gate W_USDT | +0.014% | +0.0100% | 4h | $438K | $333K | 75x | as long as short |
| Bitget WUSDT | +0.040% | +0.0100% | 4h | $1.2M | $594K | 50x | as long as short |
| OKX W-USDT-SWAP | +0.099% | +0.0100% | 4h | $1.3M | $2.3M | 20x | as long as short |
| MEXC W_USDT | +0.099% | +0.0100% | 4h | $11.7M | $1.3M | 50x | as long as short |
| BingX W-USDT | +0.099% | +0.0100% | 4h | — | $7.1M | — | as long as short |
| Binance WUSDT | +0.101% | +0.0100% | 4h | $2.9M | $8.4M | 50x | as long as short |
| Hyperliquid Wshort | +0.125% | +0.0100% | 1h | $2.0M | $662K | 5x | |
| Deribit W_USDC-PERPETUAL | +0.133% | −0.0005% | 1h | $18K | $351 | 10x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack W_USDC_PERP | +0.201% | −0.0411% | 1h | $37K | $50K | 15x | as long as short |
| KuCoin WUSDTM | +0.210% | +0.0100% | 4h | $415K | $250K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.335% | +0.0594% | 1h | $148K | $193K | 20x | as long as short |
| Variational Omni W | +0.409% | +0.0100% | 4h | $83K | $30K | — | as long as short |
| Coinbase International W-PERP-INTX | +0.890% | +0.0120% | 1h | $14K | $22K | 50x | as long as short |
| Injective W/USDC PERP | +2.760% | +0.0033% | 1h | $1K | $23K | 12x | as long as short |