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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.071%
Price spread now: KuCoin against Hyperliquid−0.084%7-day average −0.162% · you buy dearer than you sell
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1331.329% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.131%−$13 on $10k
Price spread, last 7 days−0.049%−$5 · spread now −0.084%, 7d avg −0.162%
Together, before fees−0.180%+ Points / potential airdropHyperliquid: Season 2 · farm board−$18 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: KuCoin is 0.078% dearer against Hyperliquid than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.162%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid EIGEN0.23790.0100pay 0.0013% / 1h43m 04s$4.5M$1.7M5x
ShortKuCoin EIGENUSDTM0.23770.0100get 0.0050% / 4h2h 43m$2.4M$9.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
Price spread: −0.084% → −0.162%
$7.81
Slippage, 4 orders
−$111.94
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$125.13
Costs to cover
1.329%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; KuCoin: live order book, 10 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, 9 min ago2.08 bp20.6 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago2.09 bp34.5 bp −$34247.4 bp −$2,474doesn'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−0.0271%4h0.2375−0.151%$9.2M$7.1M50xas long as short
Deribit EIGEN_USDC-PERPETUAL−0.0129%1h0.2376−0.130%$4110xas long as short
01 Exchange EIGENUSD−0.0088%1h0.2376−0.126%$806$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2378−0.025%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+2.480%$6$65.5xas long as short
Gate EIGEN_USDT+0.0066%4h0.2376−0.126%$714K$570K50xas long as short
Lighter EIGEN+0.0096%1h0.2380+0.055%$535K$507K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2379−0.021%$37K$20K3xas long as short
Hyperliquid EIGENlong+0.0100%1h0.2379long leg$4.5M$1.7M5x
Aster EIGENUSDT+0.0100%4h0.2378−0.030%$44K$37K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EIGENUSDT+0.0100%4h0.2375−0.165%$8.2M$19.6M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2375−0.168%$1.6M$4.7M20xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2378−0.042%$8.2M$2.3M125xas long as short
KuCoin EIGENUSDTMshort+0.0100%4h0.2377−0.084%$2.4M$9.9M50x
Bitget EIGENUSDT+0.0100%4h0.23790.000%$1.8M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2376−0.126%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2381+0.088%$213K$135Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2382+0.118%$184K$2.4M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2381+0.084%$35K$231K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2377−0.084%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2375−0.153%$91K$729K10xas long as short
BloFin EIGEN-USDT+0.0104%4h0.2385+0.252%$352K$114K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2375−0.156%$2K100xas long as short
Kraken Futures PF_EIGENUSD+0.0326%1h0.2378−0.043%$159K$109K20xas long as short
Coinbase International EIGEN-PERP-INTX+0.0360%1h0.2378−0.059%$41K$264K50xas long as short
Reya EIGENRUSDPERP+0.0519%1h0.2376−0.126%$82915xas long as short