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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.068%
Price spread now: Hyperliquid against OKX+0.211%7-day average +0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$850.851% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.090%+$9 on $10k
Price spread, last 7 days−0.053%−$5 · spread now +0.211%, 7d avg +0.149%
Together, before fees+0.037%+ Points / potential airdropHyperliquid: Season 2 · farm board+$4 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 0.062% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.149%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EIGEN-USDT-SWAP0.23730.0100pay 0.0050% / 4h3h 40m$1.6M$4.7M20x
ShortHyperliquid EIGEN0.23780.0100get 0.0013% / 1h40m 26s$4.5M$1.8M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against OKX. 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: +0.211% → +0.149%
$6.17
Slippage, 4 orders
−$66.07
Fee OKX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$78.9
Costs to cover
0.851%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; Hyperliquid: live order book, 1 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 OKX live order book, 2 min ago2.10 bp20.3 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 1 min ago2.10 bp22.9 bp −$23doesn't fitdoesn'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
01 Exchange EIGENUSD−0.6384%1h0.2328−1.896%$789$5K10xas long as short
Bybit EIGENUSDT−0.0518%4h0.2374+0.042%$9.0M$7.4M50xas long as short
Deribit EIGEN_USDC-PERPETUAL−0.0255%1h0.2375+0.067%$4110xas long as short
Kraken Futures PF_EIGENUSD−0.0079%1h0.2379+0.245%$159K$116K20xas long as short
dYdX EIGEN-USD0.0000%1h0.2377+0.160%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+2.739%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0079%4h0.2377+0.169%$347K$111K75xas long as short
Lighter EIGEN+0.0096%1h0.2382+0.371%$535K$495K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2376+0.126%$36K$20K3xas long as short
Hyperliquid EIGENshort+0.0100%1h0.2378+0.211%$4.5M$1.8M5x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EIGENUSDT+0.0100%4h0.2375+0.095%$44K$27K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2374+0.042%$8.0M$20.1M75xas long as short
OKX EIGEN-USDT-SWAPlong+0.0100%4h0.2373long leg$1.6M$4.7M20x
Gate EIGEN_USDT+0.0100%4h0.2375+0.084%$705K$591K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2374+0.042%$8.3M$2.4M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2375+0.084%$2.4M$9.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2376+0.126%$1.8M$1.3M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.23730.000%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2376+0.131%$218K$145Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2384+0.464%$183K$2.8M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2385+0.506%$35K$233K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2375+0.084%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2375+0.089%$88K$691K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2383+0.442%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0504%1h0.2380+0.308%$39K$277K50xas long as short
Reya EIGENRUSDPERP+0.0522%1h0.2374+0.033%$82915xas long as short