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−0.0648%/8h= −71.0% APRpaid last 24h −0.066%
Price spread now: Aster against Hyperliquid−0.255%7-day average · you buy dearer than you sell
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 airdropHyperliquid: Season 2 · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Aster is 0.255% cheaper against Hyperliquid than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid EIGEN0.24000.0748pay 0.0094% / 1h49m 46s$4.8M$1.5M5x
ShortAster EIGENUSDT0.23940.0100get 0.0050% / 4h2h 49m$44K$24K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Hyperliquid. 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
−$136.09
Price spread: −0.255% → 0.000%
−$25.48
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$178.57
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 2 min ago; Aster: no order-book sample. 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 Hyperliquid live order book, 2 min ago2.09 bp23.8 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
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
01 Exchange EIGENUSD−0.0064%1h0.2393−0.292%$811$5K10xas long as short
Deribit EIGEN_USDC-PERPETUAL−0.0043%1h0.2392−0.321%$8610xas long as short
Bybit EIGENUSDT−0.0009%4h0.2393−0.292%$9.6M$8.0M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2393−0.292%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.583%$6$65.5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2392−0.313%$29K$16K3xas long as short
Aster EIGENUSDTshort+0.0100%4h0.2394−0.255%$44K$24K5x
Binance EIGENUSDT+0.0100%4h0.2393−0.304%$8.2M$20.2M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2391−0.375%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2392−0.333%$716K$672K50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.2393−0.292%$8.4M$2.2M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2393−0.292%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2389−0.458%$1.8M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2392−0.333%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2391−0.375%$201K$152Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2405+0.192%$188K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2398−0.083%$36K$235K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2392−0.333%$2K$2K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2391−0.368%$90K$496K10xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2393−0.275%$42K$159K50xas long as short
BloFin EIGEN-USDT+0.0153%4h0.2393−0.292%$350K$136K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2392−0.325%$2K100xas long as short
Kraken Futures PF_EIGENUSD+0.0312%1h0.2396−0.152%$174K$67K20xas long as short
Reya EIGENRUSDPERP+0.0511%1h0.2393−0.298%$83515xas long as short
Lighter EIGEN+0.0680%1h0.2397−0.125%$577K$392K5xas long as short
Hyperliquid EIGENlong+0.0748%1h0.2400long leg$4.8M$1.5M5x