01
Pick a long and a short.
Any two different perps: BTC against ETH, SOL against the majors, HYPE against anything. The chart shows both indexed to 100.
Pair trading, signed by your wallet
Open a pair
Trade whichasset wins.
Long one market, short another, the same dollars on each side. When the market moves together, your pair only cares about the gap between them.
LongBTC
ShortETH
Pair, 24h
BTC over ETH
Most trades are a bet on direction. Pick a coin, and a red day for the whole market drags it down with everything else, even when you called the story right.
The solution
Spreadly opens both sides at once. Equal dollars long the one you think leads, short the one you think lags, so the shared move cancels and what is left is the spread.
Pick two. Size once.
Manage as one.
02
Set one budget.
Half goes to each leg at 1x, 2x or 3x isolated leverage. Both orders are signed together and sent in one request, with your price tolerance as the cap.
03
Close it as a pair.
Positions shows both legs, the combined PnL and each liquidation price. One button closes the long and the short together, reduce-only.
Live pair explorer
Open this pair
See the spread before you trade it.
Real candles, both legs indexed to 100. Pick any two and open the same pair in the app with one click.
Long
Short
Relative performance, 1W
1h candles. Relative prices, not strategy returns. Excludes fees and funding.
Perp markets you can pair
24h perp volume, USD
Open interest, USD notional
3x
Max leverage per leg on Spreadly
Custody
Your account. Your signature. Every time.
Spreadly is a front end. It never holds funds and never trades in the background. Here is exactly what it can and cannot do.
- 01
Your wallet signs one approval
The first trade asks your wallet to approve a trading key that lives only in this browser. That key can place orders but never withdraw.
- 02
Every order is yours to send
Nothing is placed until you press the button in the review screen. No bots, no auto stop-loss, no background exits.
- 03
Each leg can be liquidated
The legs are separate isolated positions. A pair that is up overall can still lose its losing leg if that leg moves far enough.
- 04
Funds stay in your account
Balances and positions sit in your own trading account and stay visible there, with or without this site.
Funding
Start from Robinhood Chain.
Bridge ETH from Robinhood Chain, Arbitrum, Base or Ethereum into USDC in your trading account through Relay. Same wallet on both ends, quote first, then sign.
Get a funding quoteRobinhood ChainETH
Relaybridge + swap
HyperliquidUSDC margin
Questions, answered plainly.
What is a pair trade?
You buy one asset and sell another for the same dollar amount. If both fall 10%, the long loses what the short gains. You make money when your long does better than your short, whichever way the market goes.
Where do my trades actually happen?
On Hyperliquid, as two isolated perpetual positions on your own account. Spreadly builds and signs the orders in your browser and sends them to Hyperliquid's API.
Can Spreadly move my money?
No. The trading key your wallet approves can place and cancel orders only. Trading keys can never withdraw or transfer. You can replace it any time from Settings.
Can I lose more than the pair's spread?
Yes. Fees and funding are paid on both legs, fills can slip within your tolerance, and either leg can be liquidated on its own. At 3x a 30% move against one leg is close to its liquidation price.
Is there a token?
Not yet. The token will launch on Elysium, Kinetiq's Hyperliquid L2. Its contract address will be posted only on this site and on the official X account, and the CA button says Soon until then. Any address you see elsewhere first is not ours.
What does it cost?
Spreadly adds no fee. You pay the exchange's normal taker fee on each leg, funding while open, and Relay's quoted fee if you bridge in.