Funding you earn now, next payment 22:00 UTC−0.0302%/8h= −33.0% APRpaid last 24h −0.066%
Price spread now: OKX against Hyperliquid−0.248%7-day average −0.141% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$960.963% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 7 days+0.109%+$11 · spread now −0.248%, 7d avg −0.141%
=Together, before fees+0.012%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and OKX is 0.107% cheaper against Hyperliquid than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.141%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.097% in total (about -5.0% a year). A funding rate is set anew for every payment. 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 | 0.2418 | 0.0402 | pay 0.0050% / 1h | 17m 21s | $4.8M | $1.5M | 5x |
| Short | OKX EIGEN-USDT-SWAP | 0.2412 | 0.0100 | get 0.0050% / 4h | 2h 17m | $1.6M | $5.1M | 20x |
Hyperliquid EIGEN
OKX EIGEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$63.38
- Price spread: −0.248% → −0.141%
- −$10.7
- Slippage, 4 orders
- −$77.29
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$170.37
- Costs to cover
- 0.963%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; OKX: live order book, 5 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, 4 min ago | 2.06 bp | 31.8 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 4.14 bp | 22.0 bp −$22 | 127.0 bp −$1,270 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EIGEN_USDC-PERPETUAL | −0.0123% | 1h | 0.2410 | −0.347% | — | $86 | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2411 | −0.292% | $3K | — | 5x | as long as short |
| 01 Exchange EIGENUSD | 0.0000% | 1h | 0.2413 | −0.207% | $818 | $5K | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +0.827% | $6 | $6 | 5.5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2414 | −0.145% | $29K | $16K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2414 | −0.184% | $44K | $26K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2413 | −0.198% | $8.3M | $20.1M | 75x | as long as short |
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2413 | −0.207% | $9.6M | $8.0M | 50x | as long as short |
| OKX EIGEN-USDT-SWAPshort | +0.0100% | 4h | 0.2412 | −0.248% | $1.6M | $5.1M | 20x | |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2414 | −0.165% | $722K | $672K | 50x | as long as short |
Deribit EIGEN_USDC-PERPETUAL
dYdX EIGEN-USD
01 Exchange EIGENUSD
Injective EIGEN/USDC PERP
Nado EIGEN-PERP
Aster EIGENUSDT
Binance EIGENUSDT
Bybit EIGENUSDT
Gate EIGEN_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2413 | −0.207% | $8.5M | $2.2M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2414 | −0.165% | $2.4M | $10.8M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2413 | −0.207% | $1.9M | $1.3M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2411 | −0.289% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2416 | −0.068% | $203K | $152K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2411 | −0.289% | $188K | $2.1M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2416 | −0.083% | $36K | $235K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2413 | −0.207% | $2K | $2K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2412 | −0.267% | $91K | $496K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0139% | 4h | 0.2412 | −0.248% | $349K | $137K | 75x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0144% | 1h | 0.2414 | −0.157% | $41K | $161K | 50x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2413 | −0.199% | $2K | — | 100x | as long as short |
| Lighter EIGEN | +0.0200% | 1h | 0.2414 | −0.161% | $563K | $414K | 5x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0310% | 1h | 0.2416 | −0.100% | $174K | $68K | 20x | as long as short |
| Hyperliquid EIGENlong | +0.0402% | 1h | 0.2418 | long leg | $4.8M | $1.5M | 5x | |
| Reya EIGENRUSDPERP | +0.0512% | 1h | 0.2413 | −0.203% | $842 | — | 15x | as long as short |
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
BloFin EIGEN-USDT
Coinbase International EIGEN-PERP-INTX
GMX EIGEN/USD [ETH-USDC]
Lighter EIGEN
Kraken Futures PF_EIGENUSD
Reya EIGENRUSDPERP