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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.066%
Price spread now: Binance against Hyperliquid−0.312%7-day average −0.152% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$660.664% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.087%−$9 on $10k
Price spread, last 7 days+0.172%+$17 · spread now −0.312%, 7d avg −0.152%
Together, before fees+0.085%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.160% cheaper against Hyperliquid than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.152%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid EIGEN0.24230.0100pay 0.0013% / 1h3m 12s$4.7M$1.5M5x
ShortBinance EIGENUSDT0.24150.0100get 0.0050% / 4h1h 03m$8.2M$20.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Hyperliquid. 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
$0
Price spread: −0.312% → −0.152%
−$16.01
Slippage, 4 orders
−$47.42
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$82.42
Costs to cover
0.664%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; Binance: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 9 min ago2.07 bp18.8 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 8 min ago2.08 bp16.6 bp −$1740.4 bp −$404398.4 bp −$39.8Kdoesn't fit

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
01 Exchange EIGENUSD−0.0104%1h0.2414−0.371%$819$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2417−0.262%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2416−0.285%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+0.619%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2420−0.124%$556K$443K5xas long as short
BloFin EIGEN-USDT+0.0100%4h0.2413−0.413%$348K$134K75xas long as short
Nado EIGEN-PERP+0.0100%1h0.2417−0.227%$29K$17K3xas long as short
Hyperliquid EIGENlong+0.0100%1h0.2423long leg$4.7M$1.5M5x
Aster EIGENUSDT+0.0100%4h0.2417−0.258%$44K$29K5xas long as short
Binance EIGENUSDTshort+0.0100%4h0.2415−0.312%$8.2M$20.0M75x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EIGENUSDT+0.0100%4h0.2416−0.285%$9.6M$7.7M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2415−0.330%$1.6M$4.9M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2416−0.289%$726K$644K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2416−0.289%$8.7M$2.4M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2416−0.289%$2.3M$10.6M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2416−0.289%$1.8M$1.3M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2416−0.289%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2408−0.612%$200K$127Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2410−0.552%$185K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2406−0.702%$35K$236K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2417−0.248%$2K$1K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2416−0.280%$91K$496K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2417−0.259%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0200%1h0.2416−0.305%$42K$159K50xas long as short
Reya EIGENRUSDPERP+0.0513%1h0.2416−0.278%$84315xas long as short
Kraken Futures PF_EIGENUSD+0.0679%1h0.2417−0.263%$174K$68K20xas long as short