Funding you earn now, next payment 05:00 UTC+0.0052%/8h= +5.6% APRpaid last 24h +0.097%
Price spread now: Hyperliquid against Bybit+0.269%7-day average +0.187% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$890.890% of the position
Funding, last 7 days+0.243%+$24 on $10k
+Price spread, last 7 days−0.119%−$12 · spread now +0.269%, 7d avg +0.187%
=Together, before fees+0.124%+ Points / potential airdropHyperliquid: Season 2 · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hyperliquid is 0.082% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.187%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EIGENUSDT | 0.2379 | 0.0100 | pay 0.0050% / 4h | 3h 09m | $9.2M | $7.1M | 50x |
| Short | Hyperliquid EIGEN | 0.2385 | 0.0152 | get 0.0019% / 1h | 9m 18s | $4.5M | $1.7M | 5x |
Bybit EIGENUSDT
Hyperliquid EIGENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bybit. 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
- $10.83
- Price spread: +0.269% → +0.187%
- $8.21
- Slippage, 4 orders
- −$69
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$69.96
- Costs to cover
- 0.890%
- Break-even
- 52.2 days
Slippage from Bybit: live order book, 4 min ago; Hyperliquid: live order book, 2 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 Bybit live order book, 4 min ago | 4.19 bp | 23.7 bp −$24 | 55.6 bp −$556 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 2.09 bp | 21.8 bp −$22 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2381 | +0.083% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2380 | +0.050% | — | $41 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +2.497% | $6 | $6 | 5.5x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2383 | +0.193% | $536K | $507K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2382 | +0.122% | $37K | $20K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2381 | +0.118% | $44K | $37K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2379 | +0.017% | $8.2M | $19.8M | 75x | as long as short |
| Bybit EIGENUSDTlong | +0.0100% | 4h | 0.2379 | long leg | $9.2M | $7.1M | 50x | |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2378 | −0.025% | $1.6M | $4.7M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2378 | −0.025% | $717K | $575K | 50x | as long as short |
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
Lighter EIGEN
Nado EIGEN-PERP
Aster EIGENUSDT
Binance EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2379 | +0.017% | $8.0M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2382 | +0.143% | $2.4M | $9.9M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2377 | −0.067% | $1.8M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2379 | +0.017% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2387 | +0.356% | $213K | $135K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2390 | +0.479% | $193K | $2.4M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2390 | +0.479% | $35K | $230K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2381 | +0.101% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2378 | −0.020% | $91K | $734K | 10x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0109% | 1h | 0.2380 | +0.075% | $160K | $107K | 20x | as long as short |
| BloFin EIGEN-USDT | +0.0130% | 4h | 0.2386 | +0.311% | $352K | $115K | 75x | as long as short |
| 01 Exchange EIGENUSD | +0.0136% | 1h | 0.2381 | +0.101% | $807 | $5K | 10x | as long as short |
| Hyperliquid EIGENshort | +0.0152% | 1h | 0.2385 | +0.269% | $4.5M | $1.7M | 5x | |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2379 | +0.034% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0312% | 1h | 0.2378 | −0.025% | $41K | $264K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0519% | 1h | 0.2379 | +0.015% | $830 | — | 15x | as long as short |
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDC
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
Kraken Futures PF_EIGENUSD
BloFin EIGEN-USDT
01 Exchange EIGENUSD
GMX EIGEN/USD [ETH-USDC]
Coinbase International EIGEN-PERP-INTX
Reya EIGENRUSDPERP