HYPE: BingX ↔ Astar DEX arbitrage

HYPE arbitrage between BingX and Astar DEX: we compare the price of HYPE on BingX (spot) and Astar DEX (futures) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

About Hyperliquid

Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading. Beyond its flagship DEX trading platform, the ecosystem supports borrowing, lending, real world assets (RWAs), and a full-fledged Ethereum Virtual Machine (EVM), making it a leading force in decentralized finance (defi). Just as electronic trading dramatically improved markets in the 2000s, Hyperliquid offers an opportunity for a massive technical upgrade of the existing financial system through a transparent, efficient, and resilient blockchain. HYPE is the native token of the Hyperliquid blockchain, with a maximum supply of 1 billion.

Decentralized Exchange (DEX), Smart Contract Platform, Exchange-based Tokens, Decentralized Finance (DeFi)

HYPE: BingX — deposit open, withdrawal open.

Open interest in HYPE right now — $3.1B: HyperLiquid $2.0B, Binance $364.2M, Bybit $305.9M, Bitget $193.3M, OKX $123.9M. See OI HYPE.

News about HYPE

• Hyperliquid gets first HIP-4 outcome DEX with OUT
• Hyperliquid’s $249B volume lead – Can HYPE survive the crowd it created?
• Hyperliquid price slips to $80 as $14.83 million moved off Coinbase Prime
• How is HYPE’s whale accumulation challenging its $72M institutional transfers?
• HYPE ETFs record $24.42 million daily inflow, outpace XRP products despite smaller market cap

About HYPE arbitrage

How do I read the HYPE spread?

The spread is how many percent higher HYPE trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on BingX and Astar DEX. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get HYPE alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.