EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0202%/8h= +22.1% APRnext payment +$0.25 per $10,000 · paid last 24h +0.055%

Price spread now: Reya against Hyperliquid−0.281%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Reya

What this pair did over the last

the charts below follow

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 · Reya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.281% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.281% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 4.6 days of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid EIGEN	0.2438	0.0312	pay 0.0039% / 1h	35m 16s	$4.8M	$1.6M	5x
Short	Reya EIGENRUSDPERP	0.2431	0.0514	get 0.0064% / 1h	35m 16s	$849	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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

Position, each leg$Hold fordaysFee HyperliquidbpFee ReyabpOrdersPrice spread, now −0.281%Rate

Funding earned: $42.34
Price spread: −0.281% → 0.000%: −$28.05
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Reya: 3 bp × 2 orders: −$6
Net: −$0.71
Costs to cover: 0.150%
Break-even: 7.1 days

Slippage unknown: Hyperliquid: live order book, 7 min ago; Reya: 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, 7 min ago	2.05 bp	21.2 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	−0.0080%	1h	0.2431	−0.287%	$824	$5K	10x	as long as short
Deribit EIGEN_USDC-PERPETUAL	−0.0079%	1h	0.2430	−0.320%	—	$86	10x	as long as short
Kraken Futures PF_EIGENUSD	−0.0016%	1h	0.2434	−0.174%	$175K	$68K	20x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2432	−0.226%	$3K	—	5x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	0.000%	$6	$6	5.5x	as long as short
Bybit EIGENUSDT	+0.0081%	4h	0.2431	−0.287%	$9.7M	$7.7M	50x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2432	−0.267%	$32K	$18K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2433	−0.220%	$46K	$30K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2431	−0.287%	$8.3M	$20.0M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2431	−0.287%	$1.6M	$5.0M	20x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate EIGEN_USDT	+0.0100%	4h	0.2432	−0.246%	$733K	$639K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2430	−0.328%	$8.6M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2432	−0.246%	$2.3M	$10.6M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2429	−0.369%	$1.9M	$1.3M	75x	as long as short
BingX EIGEN-USDC	+0.0100%	4h	0.2430	−0.328%	—	$6.5M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2432	−0.237%	$203K	$127K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2436	−0.082%	$189K	$2.2M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2437	−0.041%	$36K	$237K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2431	−0.287%	$2K	$1K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2430	−0.333%	$92K	$496K	10x	as long as short
BloFin EIGEN-USDT	+0.0138%	4h	0.2434	−0.164%	$353K	$135K	75x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0160%	1h	0.2435	−0.127%	$42K	$159K	50x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2432	−0.256%	$2K	—	100x	as long as short
Hyperliquid EIGENlong	+0.0312%	1h	0.2438	long leg	$4.8M	$1.6M	5x
Reya EIGENRUSDPERPshort	+0.0514%	1h	0.2431	−0.281%	$849	—	15x
Lighter EIGEN	+0.0616%	1h	0.2435	−0.107%	$560K	$443K	5x	as long as short