Settings8H · net · $10k
Funding arb · Price arb /

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0311%/8h= +34.1% APRpaid last 24h +0.066%
Price spread now: Hyperliquid against Aster+0.183%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Hyperliquid is 0.183% dearer against Aster than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EIGENUSDT0.24240.0100pay 0.0050% / 4h16m 24s$46K$30K5x
ShortHyperliquid EIGEN0.24280.0411get 0.0051% / 1h16m 24s$4.8M$1.6M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$65.33
Price spread: +0.183% → 0.000%
$18.29
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$66.62
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Hyperliquid: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Hyperliquid live order book, 5 min ago4.11 bp19.5 bp −$20doesn't fitdoesn't fitdoesn't fit
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

EIGEN on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit EIGEN_USDC-PERPETUAL−0.0287%1h0.2420−0.155%$8610xas long as short
01 Exchange EIGENUSD−0.0120%1h0.2421−0.106%$821$5K10xas long as short
Kraken Futures PF_EIGENUSD−0.0016%1h0.2424+0.017%$174K$69K20xas long as short
Bybit EIGENUSDT−0.0008%4h0.2421−0.102%$9.6M$7.7M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2422−0.052%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+0.596%$6$65.5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2424+0.038%$32K$18K3xas long as short
Aster EIGENUSDTlong+0.0100%4h0.2424long leg$46K$30K5x
Binance EIGENUSDT+0.0100%4h0.2421−0.099%$8.2M$20.1M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2420−0.147%$1.6M$5.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.2421−0.106%$732K$643K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2421−0.106%$8.5M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2422−0.065%$2.3M$10.6M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2421−0.106%$1.9M$1.3M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2420−0.147%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2426+0.107%$202K$125Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2423−0.033%$188K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2424+0.018%$36K$237K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2420−0.147%$2K$1K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2420−0.128%$92K$496K10xas long as short
BloFin EIGEN-USDT+0.0127%4h0.2420−0.147%$352K$133K75xas long as short
Coinbase International EIGEN-PERP-INTX+0.0160%1h0.2422−0.044%$42K$158K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2421−0.115%$2K100xas long as short
Hyperliquid EIGENshort+0.0411%1h0.2428+0.183%$4.8M$1.6M5x
Lighter EIGEN+0.0480%1h0.2426+0.113%$552K$449K5xas long as short
Reya EIGENRUSDPERP+0.0514%1h0.2421−0.096%$84515xas long as short