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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.067%
Price spread now: MEXC against Hyperliquid−0.082%7-day average −0.163% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$510.513% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.088%−$9 on $10k
Price spread, last 7 days−0.034%−$3 · spread now −0.082%, 7d avg −0.163%
Together, before fees−0.122%+ Points / potential airdropHyperliquid: Season 2 · farm board−$12 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: MEXC is 0.080% dearer against Hyperliquid than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.163%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid EIGEN0.24340.0100pay 0.0013% / 1h43m 53s$4.8M$1.6M5x
ShortMEXC EIGEN_USDT0.24320.0100get 0.0050% / 4h3h 43m$8.6M$2.3M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.082% → −0.163%
$8.04
Slippage, 4 orders
−$38.3
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$43.26
Costs to cover
0.513%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; MEXC: live order book, 4 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, 8 min ago2.05 bp24.0 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago2.06 bp4.1 bp −$412.5 bp −$12581.4 bp −$8,140doesn'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−0.0284%4h0.2433−0.041%$9.7M$7.7M50xas long as short
01 Exchange EIGENUSD−0.0136%1h0.2430−0.164%$824$5K10xas long as short
Kraken Futures PF_EIGENUSD−0.0097%1h0.2434−0.020%$175K$74K20xas long as short
dYdX EIGEN-USD0.0000%1h0.2432−0.098%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2429−0.197%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+0.164%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0063%4h0.2430−0.164%$354K$134K75xas long as short
Lighter EIGEN+0.0096%1h0.2436+0.099%$554K$449K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2432−0.062%$32K$18K3xas long as short
Hyperliquid EIGENlong+0.0100%1h0.2434long leg$4.8M$1.6M5x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EIGENUSDT+0.0100%4h0.2430−0.157%$47K$35K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2433−0.041%$8.3M$20.3M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2432−0.082%$1.7M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2431−0.123%$734K$565K50xas long as short
MEXC EIGEN_USDTshort+0.0100%4h0.2432−0.082%$8.6M$2.3M125x
KuCoin EIGENUSDTM+0.0100%4h0.2430−0.164%$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%4h0.2432−0.082%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2430−0.180%$202K$125Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2427−0.269%$189K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2430−0.164%$36K$237K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2429−0.205%$577$3K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2433−0.061%$97K$612K10xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2433−0.045%$55K$176K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2431−0.143%$2K100xas long as short
Reya EIGENRUSDPERP+0.0514%1h0.2430−0.182%$84815xas long as short