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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.071%
Price spread now: Binance against Hyperliquid−0.257%7-day average −0.157% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$850.855% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.093%−$9 on $10k
Price spread, last 7 days+0.149%+$15 · spread now −0.257%, 7d avg −0.157%
Together, before fees+0.056%+ Points / potential airdropHyperliquid: Season 2 · farm board+$6 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: Binance is 0.101% cheaper against Hyperliquid than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.157%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid EIGEN0.24200.0100pay 0.0013% / 1h59m 42s$4.6M$1.7M5x
ShortBinance EIGENUSDT0.24140.0100get 0.0050% / 4h3h 59m$8.3M$20.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$0
Price spread: −0.257% → −0.157%
−$10.07
Slippage, 4 orders
−$66.45
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$95.52
Costs to cover
0.855%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 2 min ago; Binance: live order book, 11 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 Hyperliquid live order book, 2 min ago4.14 bp24.2 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 11 min ago2.08 bp12.5 bp −$1250.1 bp −$501473.0 bp −$47.3Kdoesn'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−0.0016%1h0.2410−0.413%$817$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2415−0.226%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2416−0.157%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+0.744%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2417−0.112%$543K$499K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2415−0.186%$36K$20K3xas long as short
Hyperliquid EIGENlong+0.0100%1h0.2420long leg$4.6M$1.7M5x
Aster EIGENUSDT+0.0100%4h0.2414−0.239%$45K$37K5xas long as short
Binance EIGENUSDTshort+0.0100%4h0.2414−0.257%$8.3M$20.0M75x
Bybit EIGENUSDT+0.0100%4h0.2414−0.260%$9.4M$7.3M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2412−0.331%$1.6M$4.8M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2412−0.331%$734K$563K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2414−0.248%$8.1M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2415−0.207%$2.4M$10.0M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2412−0.331%$1.9M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2412−0.331%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2412−0.348%$211K$134Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2402−0.744%$193K$2.3M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2403−0.702%$35K$231K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2416−0.165%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2411−0.355%$89K$637K10xas long as short
BloFin EIGEN-USDT+0.0139%4h0.2401−0.785%$354K$114K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2415−0.191%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0280%1h0.2419−0.062%$39K$252K50xas long as short
Kraken Futures PF_EIGENUSD+0.0469%1h0.2415−0.192%$165K$105K20xas long as short
Reya EIGENRUSDPERP+0.0518%1h0.2416−0.151%$84315xas long as short