Gains vs Hyperliquid
Same trade, two venues, full execution cost — fee, spread and slippage measured on live BTC order books, not copied from fee pages. Numbers refresh every minute.
Gains is cheaper right now for a $100K BTC futures trade — $3.00 less per trade (4.10 bps vs 4.40 bps).
| At $100K · futures | Gains | Hyperliquid |
|---|---|---|
| Rank of all venues | #14 | #17 |
| All-in cost | 4.10 bps | 4.40 bps |
| On a $100K trade | $41.00 | $43.99 |
| Fee (after discounts) | 3.50 bps | 4.32 bps |
| Spread | 0.00 bps | 0.08 bps |
| Slippage | 0.60 bps | 0.00 bps |
Who wins at your size?
Fees are flat; depth is not. The cheaper venue can flip as order size grows.
| Size | Gains | Hyperliquid | Cheaper |
|---|---|---|---|
| $10K | $4.01 | $4.40 | Gains |
| $100K | $41.00 | $43.99 | Gains |
| $1M | $499.46 | $594.84 | Gains |
| $10M | $13.9K | $6.7K | Hyperliquid |
Trade on Gains — cheaper right now
Direct link — the ranking above is pure measurement.
Trade on Gains