EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0150%/8h= −16.4% APRnext payment −$0.19 per $10,000 · paid last 24h −0.055%

Price spread now: Hyperliquid against Reya+0.216%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Hyperliquid

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 airdropReya: Active · Hyperliquid: Season 2 · farm boardneeds both histories

The price spread pays, funding is against you. Hyperliquid is 0.216% dearer against Reya than usual: you sell high and buy low (spread +0.216% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya EIGENRUSDPERP	0.2402	0.0512	pay 0.0064% / 1h	13m 18s	$838	—	15x
Short	Hyperliquid EIGEN	0.2407	0.0362	get 0.0045% / 1h	13m 18s	$4.8M	$1.5M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Reya. 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 ReyabpFee HyperliquidbpOrdersPrice spread, now +0.216%Rate

Funding earned: −$31.49
Price spread: +0.216% → 0.000%: $21.61
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$24.88
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Hyperliquid: live order book, 9 min ago. 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 Reya no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 9 min ago	2.06 bp	23.2 bp −$23	doesn't fit	doesn't fit	doesn't fit

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
Deribit EIGEN_USDC-PERPETUAL	−0.0583%	1h	0.2399	−0.138%	—	$86	10x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2408	+0.251%	$3K	—	5x	as long as short
01 Exchange EIGENUSD	0.0000%	1h	0.2401	−0.034%	$814	$5K	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+1.507%	$6	$6	5.5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2402	+0.029%	$29K	$16K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2406	+0.158%	$47K	$26K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2402	+0.016%	$8.2M	$20.1M	75x	as long as short
Bybit EIGENUSDT	+0.0100%	4h	0.2399	−0.117%	$9.6M	$8.0M	50x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2399	−0.117%	$1.6M	$5.0M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2402	+0.008%	$718K	$672K	50x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC EIGEN_USDT	+0.0100%	4h	0.2402	+0.008%	$8.5M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2404	+0.091%	$2.3M	$10.8M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2397	−0.200%	$1.9M	$1.3M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2402	+0.008%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2408	+0.253%	$203K	$152K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2412	+0.430%	$188K	$2.1M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2408	+0.258%	$35K	$235K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2399	−0.117%	$2K	$2K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2398	−0.170%	$91K	$496K	10x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0144%	1h	0.2415	+0.558%	$42K	$161K	50x	as long as short
BloFin EIGEN-USDT	+0.0145%	4h	0.2404	+0.091%	$350K	$136K	75x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0194% / S −0.0568%	1h	0.2402	+0.020%	$2K	—	100x	as long as short
Lighter EIGEN	+0.0208%	1h	0.2403	+0.050%	$559K	$416K	5x	as long as short
Kraken Futures PF_EIGENUSD	+0.0312%	1h	0.2402	+0.002%	$173K	$68K	20x	as long as short
Hyperliquid EIGENshort	+0.0362%	1h	0.2407	+0.216%	$4.8M	$1.5M	5x
Reya EIGENRUSDPERPlong	+0.0512%	1h	0.2402	long leg	$838	—	15x