Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.073%
Price spread now: Hyperliquid against Lighter+0.017%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$730.726% of the position
Funding, last 7 days−0.556%−$56 on $10k
+Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.017%, 7d avg −0.043%
=Together, before fees−0.665%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board−$67 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: Hyperliquid is 0.060% dearer against Lighter than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EIGEN | 0.2382 | 0.0096 | pay 0.0012% / 1h | 8m 58s | $535K | $503K | 5x |
| Short | Hyperliquid EIGEN | 0.2382 | 0.0100 | get 0.0013% / 1h | 8m 58s | $4.5M | $1.7M | 5x |
Lighter EIGEN
Hyperliquid EIGENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Lighter. 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
- $0.84
- Price spread: +0.017% → −0.043%
- $5.96
- Slippage, 4 orders
- −$63.58
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$65.78
- Costs to cover
- 0.726%
- Break-even
- 555.2 days
Slippage from Lighter: live order book, 26 min ago; Hyperliquid: live order book, 3 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 Lighter live order book, 26 min ago | 12.85 bp | 16.5 bp −$16 | 64.6 bp −$646 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 2.10 bp | 22.8 bp −$23 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EIGENUSDT | −0.0161% | 4h | 0.2376 | −0.252% | $9.1M | $7.3M | 50x | as long as short |
| Kraken Futures PF_EIGENUSD | −0.0027% | 1h | 0.2378 | −0.144% | $160K | $115K | 20x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2375 | −0.296% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | +0.0002% | 1h | 0.2377 | −0.172% | — | $41 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +2.368% | $6 | $6 | 5.5x | as long as short |
| 01 Exchange EIGENUSD | +0.0064% | 1h | 0.2380 | −0.067% | $807 | $5K | 10x | as long as short |
| Lighter EIGENlong | +0.0096% | 1h | 0.2382 | long leg | $535K | $503K | 5x | |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2376 | −0.214% | $37K | $20K | 3x | as long as short |
| Hyperliquid EIGENshort | +0.0100% | 1h | 0.2382 | +0.017% | $4.5M | $1.7M | 5x | |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2377 | −0.190% | $44K | $26K | 5x | as long as short |
Bybit EIGENUSDT
Kraken Futures PF_EIGENUSD
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
01 Exchange EIGENUSD
Nado EIGEN-PERP
Aster EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance EIGENUSDT | +0.0100% | 4h | 0.2377 | −0.207% | $8.1M | $19.9M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2375 | −0.277% | $1.6M | $4.7M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2375 | −0.277% | $714K | $579K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2376 | −0.235% | $8.1M | $2.4M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2377 | −0.193% | $2.4M | $9.8M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2375 | −0.277% | $1.8M | $1.3M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2376 | −0.235% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2376 | −0.233% | $208K | $138K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2376 | −0.218% | $187K | $2.6M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2377 | −0.193% | $35K | $232K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2377 | −0.193% | $1K | $4K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0103% | 4h | 0.2379 | −0.109% | $347K | $113K | 75x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2377 | −0.206% | $88K | $698K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2376 | −0.234% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0448% | 1h | 0.2379 | −0.097% | $38K | $268K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0521% | 1h | 0.2377 | −0.177% | $830 | — | 15x | as long as short |
Binance EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
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
BloFin EIGEN-USDT
Extended EIGEN-USD
GMX EIGEN/USD [ETH-USDC]
Coinbase International EIGEN-PERP-INTX
Reya EIGENRUSDPERP