Funding you earn now, next payment 02:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.070%
Price spread now: Hyperliquid against Gate+0.417%7-day average +0.116% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$1151.151% of the position
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 7 days−0.392%−$39 · spread now +0.417%, 7d avg +0.116%
=Together, before fees−0.317%+ Points / potential airdropHyperliquid: Season 2 · farm board−$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Hyperliquid is 0.301% dearer against Gate than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of +0.116%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.075% in total (about 3.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate EIGEN_USDT | 0.2398 | 0.0100 | pay 0.0050% / 4h | 2h 53m | $742K | $590K | 50x |
| Short | Hyperliquid EIGEN | 0.2408 | 0.0320 | get 0.0040% / 1h | 53m 03s | $4.8M | $1.6M | 5x |
Gate EIGEN_USDT
Hyperliquid EIGENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $46.23
- Price spread: +0.417% → +0.116%
- $30.07
- Slippage, 4 orders
- −$91.09
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$38.78
- Costs to cover
- 1.151%
- Break-even
- 12.9 days
Slippage from Gate: live order book, 14 min ago; Hyperliquid: live order book, 9 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 14 min ago | 4.10 bp | 32.9 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 2.07 bp | 22.9 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
EIGEN on 26 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange EIGENUSD | −0.0024% | 1h | 0.2385 | −0.542% | $809 | $5K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2392 | −0.266% | $3K | — | 5x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.668% | $6 | $6 | 5.5x | as long as short |
| Bybit EIGENUSDT | +0.0056% | 4h | 0.2402 | +0.183% | $9.4M | $7.9M | 50x | as long as short |
| ApeX Omni EIGENUSDT | +0.0056% | 1h | 0.2398 | 0.000% | $35K | $237K | 50x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0096% | 1h | 0.2403 | +0.225% | $41K | $221K | 50x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2399 | +0.042% | $36K | $20K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2398 | −0.010% | $45K | $39K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2403 | +0.209% | $8.3M | $20.7M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2403 | +0.209% | $1.6M | $5.0M | 20x | as long as short |
01 Exchange EIGENUSD
dYdX EIGEN-USD
Injective EIGEN/USDC PERP
Bybit EIGENUSDT
ApeX Omni EIGENUSDT
Coinbase International EIGEN-PERP-INTX
Nado EIGEN-PERP
Aster EIGENUSDT
Binance EIGENUSDT
OKX EIGEN-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate EIGEN_USDTlong | +0.0100% | 4h | 0.2398 | long leg | $742K | $590K | 50x | |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2403 | +0.209% | $8.3M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2398 | 0.000% | $2.3M | $10.4M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2402 | +0.167% | $1.9M | $1.5M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2400 | +0.083% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2381 | −0.724% | $198K | $124K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2383 | −0.626% | $188K | $2.2M | 10x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2403 | +0.209% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2401 | +0.108% | $91K | $640K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0123% | 4h | 0.2401 | +0.125% | $358K | $125K | 75x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2401 | +0.127% | $2K | — | 100x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | +0.0291% | 1h | 0.2403 | +0.196% | — | $66 | 10x | as long as short |
| Lighter EIGEN | +0.0304% | 1h | 0.2409 | +0.475% | $572K | $473K | 5x | as long as short |
| Hyperliquid EIGENshort | +0.0320% | 1h | 0.2408 | +0.417% | $4.8M | $1.6M | 5x | |
| Reya EIGENRUSDPERP | +0.0515% | 1h | 0.2399 | +0.057% | $838 | — | 15x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0600% | 1h | 0.2403 | +0.190% | $163K | $92K | 20x | as long as short |
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
BloFin EIGEN-USDT
GMX EIGEN/USD [ETH-USDC]
Deribit EIGEN_USDC-PERPETUAL
Lighter EIGEN
Reya EIGENRUSDPERP
Kraken Futures PF_EIGENUSD