Funding you earn now, next payment 04:00 UTC−0.0124%/8h= −13.6% APRpaid last 24h −0.097%
Price spread now: Bybit against Hyperliquid−0.264%7-day average −0.185% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$860.859% of the position
Funding, last 7 days−0.242%−$24 on $10k
+Price spread, last 7 days+0.122%+$12 · spread now −0.264%, 7d avg −0.185%
=Together, before fees−0.120%+ Points / potential airdropHyperliquid: Season 2 · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.079% cheaper against Hyperliquid than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.185%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid EIGEN | 0.2390 | 0.0100 | pay 0.0013% / 1h | 58m 04s | $4.6M | $1.7M | 5x |
| Short | Bybit EIGENUSDT | 0.2384 | −0.0024 | pay 0.0012% / 4h | 58m 04s | $9.3M | $7.4M | 50x |
Hyperliquid EIGEN
Bybit EIGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Hyperliquid. 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
- −$26.07
- Price spread: −0.264% → −0.185%
- −$7.86
- Slippage, 4 orders
- −$65.88
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$119.81
- Costs to cover
- 0.859%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; Bybit: live order book, 5 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 Hyperliquid live order book, 4 min ago | 2.09 bp | 21.5 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.10 bp | 23.7 bp −$24 | 61.1 bp −$611 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EIGENUSDTshort | −0.0024% | 4h | 0.2384 | −0.264% | $9.3M | $7.4M | 50x | |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2388 | −0.084% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2386 | −0.151% | — | $41 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +2.008% | $6 | $6 | 5.5x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2392 | +0.063% | $537K | $504K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2387 | −0.126% | $36K | $20K | 3x | as long as short |
| Hyperliquid EIGENlong | +0.0100% | 1h | 0.2390 | long leg | $4.6M | $1.7M | 5x | |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2389 | −0.061% | $44K | $39K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2385 | −0.209% | $8.2M | $20.3M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2384 | −0.251% | $1.6M | $4.8M | 20x | as long as short |
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
Lighter EIGEN
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_USDT | +0.0100% | 4h | 0.2386 | −0.167% | $729K | $568K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2385 | −0.209% | $8.1M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2388 | −0.084% | $2.3M | $10.2M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2387 | −0.126% | $1.9M | $1.5M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2386 | −0.167% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2387 | −0.146% | $194K | $124K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2387 | −0.107% | $185K | $2.3M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2389 | −0.042% | $35K | $230K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2386 | −0.167% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2386 | −0.186% | $89K | $640K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0149% | 4h | 0.2391 | +0.042% | $357K | $117K | 75x | as long as short |
| 01 Exchange EIGENUSD | +0.0160% | 1h | 0.2387 | −0.126% | $809 | $5K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2386 | −0.160% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0280% | 1h | 0.2391 | +0.046% | $40K | $247K | 50x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0475% | 1h | 0.2388 | −0.100% | $163K | $104K | 20x | as long as short |
| Reya EIGENRUSDPERP | +0.0517% | 1h | 0.2386 | −0.162% | $833 | — | 15x | as long as short |
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
BloFin EIGEN-USDT
01 Exchange EIGENUSD
GMX EIGEN/USD [ETH-USDC]
Coinbase International EIGEN-PERP-INTX
Kraken Futures PF_EIGENUSD
Reya EIGENRUSDPERP