Funding you earn now, next payment 02:00 UTC−0.0287%/8h= −31.4% APRnext payment −$0.36 per $10,000 · paid last 24h −0.107%
Price spread now: Deribit against Hyperliquid−0.174%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Deribit is 0.174% cheaper against Hyperliquid than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid EIGEN | 0.2409 | 0.0287 | pay 0.0036% / 1h | 50m 58s | $4.8M | $1.6M | 5x |
| Short | Deribit EIGEN_USDC-PERPETUAL | 0.2405 | 0 | get 0.0000% / 1h | 50m 58s | — | $56 | 10x |
Hyperliquid EIGEN
Deribit EIGEN_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$60.3
- Price spread: −0.174% → 0.000%
- −$17.43
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$93.74
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 11 min ago; Deribit: no order-book sample. Net counts fees only.
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, 11 min ago | 2.07 bp | 27.6 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0056% | 1h | 0.2402 | −0.291% | $814 | $5K | 10x | as long as short |
| Bybit EIGENUSDT | −0.0036% | 4h | 0.2405 | −0.166% | $9.4M | $7.9M | 50x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2402 | −0.295% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUALshort | 0.0000% | 1h | 0.2405 | −0.174% | — | $56 | 10x | |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.204% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0057% | 4h | 0.2404 | −0.208% | $357K | $125K | 75x | as long as short |
| ApeX Omni EIGENUSDT | +0.0075% | 1h | 0.2402 | −0.291% | $35K | $237K | 50x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0096% | 1h | 0.2406 | −0.116% | $41K | $221K | 50x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2404 | −0.208% | $36K | $20K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2404 | −0.217% | $45K | $39K | 5x | as long as short |
01 Exchange EIGENUSD
Bybit EIGENUSDT
dYdX EIGEN-USD
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
ApeX Omni EIGENUSDT
Coinbase International EIGEN-PERP-INTX
Nado EIGEN-PERP
Aster EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance EIGENUSDT | +0.0100% | 4h | 0.2406 | −0.106% | $8.3M | $20.7M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2405 | −0.166% | $1.6M | $5.0M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2404 | −0.208% | $744K | $590K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2403 | −0.249% | $8.3M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2404 | −0.208% | $2.3M | $10.4M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2406 | −0.125% | $1.9M | $1.5M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2404 | −0.208% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2402 | −0.306% | $195K | $129K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2399 | −0.406% | $188K | $2.2M | 10x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2404 | −0.208% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2405 | −0.164% | $89K | $639K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2404 | −0.203% | $2K | — | 100x | as long as short |
| Hyperliquid EIGENlong | +0.0287% | 1h | 0.2409 | long leg | $4.8M | $1.6M | 5x | |
| Lighter EIGEN | +0.0288% | 1h | 0.2413 | +0.162% | $573K | $473K | 5x | as long as short |
| Reya EIGENRUSDPERP | +0.0515% | 1h | 0.2401 | −0.323% | $838 | — | 15x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0599% | 1h | 0.2405 | −0.176% | $163K | $92K | 20x | as long as short |
Binance EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
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
GMX EIGEN/USD [ETH-USDC]
Lighter EIGEN
Reya EIGENRUSDPERP
Kraken Futures PF_EIGENUSD