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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.065%
Price spread now: Extended against Hyperliquid−0.246%7-day average −0.216% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$990.992% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.083%−$8 on $10k
Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.246%, 7d avg −0.216%
Together, before fees−0.041%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$4 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: Extended is 0.030% cheaper against Hyperliquid than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.216%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid EIGEN0.24340.0100pay 0.0013% / 1h49m 30s$4.8M$1.6M5x
ShortExtended EIGEN-USD0.24280.0104get 0.0013% / 1h49m 30s$89K$542K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.246% → −0.216%
−$3.01
Slippage, 4 orders
−$85.24
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$101.42
Costs to cover
0.992%
Break-even
852.1 days
Slippage from Hyperliquid: live order book, 2 min ago; Extended: live order book, 23 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, 2 min ago2.05 bp24.0 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 23 min ago8.28 bp28.1 bp −$28167.0 bp −$1,670doesn't fitdoesn'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
Bybit EIGENUSDT−0.0536%4h0.2428−0.247%$9.7M$7.7M50xas long as short
01 Exchange EIGENUSD−0.0136%1h0.2428−0.247%$823$5K10xas long as short
Kraken Futures PF_EIGENUSD−0.0097%1h0.2430−0.149%$174K$74K20xas long as short
dYdX EIGEN-USD0.0000%1h0.2428−0.261%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2427−0.300%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+0.164%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2434−0.004%$554K$449K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2429−0.185%$32K$18K3xas long as short
Hyperliquid EIGENlong+0.0100%1h0.2434long leg$4.8M$1.6M5x
Aster EIGENUSDT+0.0100%4h0.2427−0.282%$48K$35K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EIGENUSDT+0.0100%4h0.2428−0.247%$8.3M$20.3M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2427−0.288%$1.7M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2428−0.247%$733K$564K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2428−0.247%$8.6M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2428−0.247%$2.4M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2429−0.205%$1.9M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2429−0.205%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2429−0.221%$202K$125Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.24340.000%$189K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2431−0.123%$36K$237K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2426−0.329%$576$3K10xas long as short
Extended EIGEN-USDshort+0.0104%1h0.2428−0.246%$89K$542K10x
BloFin EIGEN-USDT+0.0118%4h0.2428−0.247%$351K$133K75xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2427−0.300%$54K$175K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2429−0.219%$2K100xas long as short
Reya EIGENRUSDPERP+0.0514%1h0.2429−0.223%$84815xas long as short