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Perp DEX volume and funding, at a cost you can see.

Maker bots, taker bots and funding pairs on 6 perp DEXs. The cost per $1M is on the button before you press it.

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  • Resting orders on both sides of the book at the best bid and ask

    Maker volume

    Points with resting orders, priced per $1M before you start.

    $45 per $1M on TradeXYZ

  • An order crossing the spread

    Taker volume

    For venues that score taker flow higher than maker.

    0.86 bp per fill on HIP-3 growth markets

  • A long leg and a short leg with the carry between them

    Funding carry

    Long where funding is low, short where it is high, hedged.

    908 % net APR, 7 d, on BRETT

Maker volume: expected cost per $1M
Venue Expected cost per $1M Volume
TradeXYZon Hyperliquid $45per $1M
HibachiBTC $50per $1M
Entropyon Hyperliquid $120per $1M
ExtendedBTC $130per $1M
RISExBTC $160per $1M
GRVTETH measuring under $1,000 of volume
ParadexBTC measuring under $1,000 of volume
TxFlowBTC mainnet pending testnet only

  1. Connect

    A trade-only key. It cannot withdraw.

  2. Pick

    Compare markets by cost per $1M.

  3. Launch

    Set capital, target, max loss and a style like Sharp.

168 HIP-3 markets
at a 0.29 bp maker fee.

Stocks, indices, commodities and FX as perps on Hyperliquid, against 1.5 bp on core.

156 in growth mode. Counted on 8 Nov 2026.

  • xyz:SP500$25
  • xyz:XYZ100$59
  • xyz:BRENTOIL$67
  • xyz:NVDA$69
  • io:ANTH$113
Cost per $1M on a Sunday, with the underlying closed.
  • Hibachilive
  • Hyperliquidcore, TradeXYZ, Entropy, Paragon
  • RISExlive
  • Extendedlive
  • Paradexlive
  • GRVTlive
  • TxFlowmainnet pending

Funding pairs,
net of fees.

Long where funding is low, short where it is high. Net APR over a 7 day hold at the 7 day average rate, after both legs' fees.

Ranked on the 7 day average rate. Snapshot from 11 Nov 2026.

  1. NATGAS long Paradex short TradeXYZ 108 % net APR, 7 d pays back in 1 h, fees 2.9 bp
  2. TTWO long TradeXYZ short Paragon 72.6 % net APR, 7 d pays back in 4 h, fees 5.8 bp
  3. XRP long RISEx short Hibachi 50.1 % net APR, 7 d pays back in 7 h, fees 2 bp

0.5 bp per fill.
Nothing else.

You pay 0 % of it during launch. 0 on Hibachi and Paradex. No subscription, no token.

Ours0.5 bp
Other bots1 to 2.5 bp
Per fill, on venues with a builder program.

Three questions
before you start.

Will I make money?

No. Maker volume costs the venue fee plus a little adverse selection. You buy volume at a cost per $1M that is on the button before you start; the venue's points are yours and not ours to promise.

What is the risk?

You set a max loss in dollars before launch and the bot stops there. Until then it holds a small inventory that can move against you.

Where are my keys?

Encrypted at rest on our server, trade-only, never returned by the API. They cannot withdraw.

Launch a bot.
Watch what it costs.

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