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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0661%/8h= +72.4% APRpaid last 24h +0.066%
Price spread now: Hyperliquid against Aster+0.287%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Hyperliquid is 0.287% dearer against Aster than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EIGENUSDT0.23950.0100pay 0.0050% / 4h2h 48m$44K$24K5x
ShortHyperliquid EIGEN0.24020.0761get 0.0095% / 1h48m 39s$4.8M$1.5M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Aster. 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
$138.84
Price spread: +0.287% → 0.000%
$28.68
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$150.52
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Hyperliquid: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Hyperliquid live order book, 3 min ago2.09 bp17.8 bp −$18doesn't fitdoesn't fitdoesn't fit
Aster: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit EIGEN_USDC-PERPETUAL−0.0084%1h0.2392−0.131%$8610xas long as short
01 Exchange EIGENUSD−0.0040%1h0.2395−0.005%$812$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2393−0.089%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.790%$6$65.5xas long as short
Bybit EIGENUSDT+0.0047%4h0.2396+0.036%$9.6M$8.0M50xas long as short
Nado EIGEN-PERP+0.0100%1h0.2397+0.099%$29K$16K3xas long as short
Aster EIGENUSDTlong+0.0100%4h0.2395long leg$44K$24K5x
Binance EIGENUSDT+0.0100%4h0.2396+0.036%$8.2M$20.1M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2395−0.005%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2391−0.172%$715K$672K50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.2395−0.005%$8.4M$2.2M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2395−0.005%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2393−0.089%$1.9M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2395−0.005%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2391−0.172%$201K$152Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2392−0.150%$187K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2390−0.214%$36K$235K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2392−0.131%$2K$2K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2396+0.045%$90K$496K10xas long as short
BloFin EIGEN-USDT+0.0113%4h0.2391−0.172%$350K$135K75xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2393−0.072%$42K$159K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2392−0.135%$2K100xas long as short
Kraken Futures PF_EIGENUSD+0.0312%1h0.2397+0.061%$174K$67K20xas long as short
Reya EIGENRUSDPERP+0.0511%1h0.2392−0.138%$83515xas long as short
Lighter EIGEN+0.0672%1h0.2401+0.245%$578K$392K5xas long as short
Hyperliquid EIGENshort+0.0761%1h0.2402+0.287%$4.8M$1.5M5x