Funding you earn now, next payment 04:00 UTC+0.0187%/8h= +20.5% APRnext payment +$0.23 per $10,000 · paid last 24h −0.055%
Price spread now: Coinbase International against Hyperliquid−0.146%7-day average −0.160% · you buy dearer than you sell
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$2012.007% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.146%, 7d avg −0.160%
=Together, before fees−0.140%+ Points / potential airdropHyperliquid: Season 2 · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.160%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.121%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.121% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.23 per $10,000. 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 | Hyperliquid EIGEN | 0.2402 | 0.0125 | pay 0.0016% / 1h | 33m 59s | $4.6M | $1.7M | 5x |
| Short | Coinbase International EIGEN-PERP-INTX | 0.2399 | 0.0312 | get 0.0039% / 1h | 33m 59s | $39K | $254K | 50x |
Hyperliquid EIGEN
Coinbase International EIGEN-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $39.26
- Price spread: −0.146% → −0.160%
- $1.42
- Slippage, 4 orders
- −$181.68
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$160
- Costs to cover
- 2.007%
- Break-even
- 35.5 days
Slippage from Hyperliquid: live order book, 8 min ago; Coinbase International: live order book, 19 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, 8 min ago | 2.09 bp | 17.0 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 19 min ago | 8.66 bp | 97.0 bp −$97 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2399 | −0.142% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2396 | −0.246% | — | $41 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.499% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0047% | 4h | 0.2397 | −0.208% | $355K | $114K | 75x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2402 | −0.012% | $540K | $501K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2398 | −0.146% | $36K | $20K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2398 | −0.180% | $44K | $37K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2397 | −0.208% | $8.3M | $19.7M | 75x | as long as short |
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2396 | −0.258% | $9.3M | $7.1M | 50x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2396 | −0.250% | $1.6M | $4.8M | 20x | as long as short |
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
Lighter EIGEN
Nado EIGEN-PERP
Aster EIGENUSDT
Binance EIGENUSDT
Bybit 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 | 0.2396 | −0.250% | $726K | $568K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2396 | −0.250% | $8.1M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2398 | −0.167% | $2.4M | $10.0M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2396 | −0.250% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2396 | −0.250% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2397 | −0.205% | $214K | $134K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2392 | −0.416% | $193K | $2.4M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2399 | −0.125% | $35K | $231K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2397 | −0.208% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2396 | −0.242% | $88K | $642K | 10x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0108% | 1h | 0.2398 | −0.175% | $164K | $104K | 20x | as long as short |
| Hyperliquid EIGENlong | +0.0125% | 1h | 0.2402 | long leg | $4.6M | $1.7M | 5x | |
| 01 Exchange EIGENUSD | +0.0128% | 1h | 0.2399 | −0.125% | $813 | $5K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2396 | −0.244% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTXshort | +0.0312% | 1h | 0.2399 | −0.146% | $39K | $254K | 50x | |
| Reya EIGENRUSDPERP | +0.0518% | 1h | 0.2398 | −0.180% | $837 | — | 15x | as long as short |
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDC
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
Kraken Futures PF_EIGENUSD
01 Exchange EIGENUSD
GMX EIGEN/USD [ETH-USDC]
Reya EIGENRUSDPERP