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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0288%/8h= −31.6% APRpaid last 24h −0.007%
Price spread now: BloFin against Hyperliquid−0.083%87s7-day average −0.199% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$790.791% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.386%+$39 on $10k
Price spread, last 3 days (all we have)−0.131%−$13 · spread now −0.083%, 7d avg −0.199%
Together, before fees+0.255%+ Points / potential airdropHyperliquid: Season 2 · farm board+$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.116% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.083% now, against its 7-day average of −0.199%): +$12 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 32 hours. Mind the row above: over the last 7 days funding on this pair paid +0.386%, so the current rate has only just turned against you. The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid EIGEN0.24120.0368pay 0.0046% / 1h13m 54s$4.8M$1.5M5x
ShortBloFin EIGEN-USDT0.24100.0080get 0.0040% / 4h2h 13m$350K$136K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$60.53
Price spread: −0.083% → −0.199%
$11.62
Slippage, 4 orders
−$58.05
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$127.96
Costs to cover
0.791%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; BloFin: live order book, 6 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, 8 min ago2.06 bp31.8 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago4.15 bp10.1 bp −$1026.9 bp −$269162.6 bp −$16.3Kdoesn'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
Deribit EIGEN_USDC-PERPETUAL−0.0248%1h0.2407−0.224%$8610xas long as short
dYdX EIGEN-USD0.0000%1h0.2408−0.173%$3K5xas long as short
01 Exchange EIGENUSD0.0000%1h0.2405−0.290%$816$5K10xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.078%$6$65.5xas long as short
BloFin EIGEN-USDTshort+0.0080%4h0.2410−0.083%$350K$136K75x
Nado EIGEN-PERP+0.0100%1h0.2407−0.228%$29K$16K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2407−0.201%$47K$26K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2407−0.207%$8.2M$20.1M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2405−0.274%$9.6M$8.0M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2406−0.249%$1.6M$5.1M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.2405−0.290%$719K$672K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2406−0.249%$8.5M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2407−0.207%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2405−0.290%$1.9M$1.3M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2407−0.207%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2408−0.170%$203K$152Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2412+0.006%$188K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.24120.000%$36K$235K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2406−0.249%$2K$2K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2407−0.214%$91K$496K10xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2415+0.133%$42K$161K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2407−0.204%$2K100xas long as short
Lighter EIGEN+0.0208%1h0.2411−0.054%$562K$415K5xas long as short
Kraken Futures PF_EIGENUSD+0.0311%1h0.2408−0.174%$174K$68K20xas long as short
Hyperliquid EIGENlong+0.0368%1h0.2412long leg$4.8M$1.5M5x
Reya EIGENRUSDPERP+0.0512%1h0.2406−0.250%$84015xas long as short