Funding you earn now, next payment 22:00 UTC−0.0467%/8h= −51.2% APRpaid last 24h −0.066%
Price spread now: BingX against Hyperliquid−0.208%7-day average −0.141% · you buy dearer than you sell
Net, funding: paid 7d − costs−$276as in the Funding arb table
Net, price: spread back to 7d avg − costs−$276as in the Price arb table
costs, in and out, $10k−$2692.690% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 7 days+0.084%+$8 · spread now −0.208%, 7d avg −0.141%
=Together, before fees+0.014%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and BingX is 0.066% cheaper against Hyperliquid than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.141%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.070% in total (about -3.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid EIGEN | 0.2408 | 0.0567 | pay 0.0071% / 1h | 33m 17s | $4.8M | $1.5M | 5x |
| Short | BingX EIGEN-USDC | 0.2403 | 0.0100 | get 0.0050% / 4h | 2h 33m | — | $6.5M | — |
Hyperliquid EIGEN
BingX EIGEN-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Hyperliquid. 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
- −$98.14
- Price spread: −0.208% → −0.141%
- −$6.64
- Slippage, 4 orders
- −$249.96
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$373.73
- Costs to cover
- 2.690%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; BingX: live order book, 7 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 Hyperliquid live order book, 9 min ago | 2.08 bp | 25.8 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 4.17 bp | 112.1 bp −$112 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EIGEN_USDC-PERPETUAL | −0.0083% | 1h | 0.2402 | −0.228% | — | $86 | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2402 | −0.233% | $3K | — | 5x | as long as short |
| 01 Exchange EIGENUSD | 0.0000% | 1h | 0.2402 | −0.249% | $814 | $5K | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.246% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0083% | 4h | 0.2406 | −0.083% | $351K | $136K | 75x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2404 | −0.187% | $29K | $16K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2404 | −0.173% | $44K | $24K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2403 | −0.216% | $8.2M | $20.1M | 75x | as long as short |
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2402 | −0.237% | $9.6M | $8.0M | 50x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2402 | −0.249% | $1.6M | $5.1M | 20x | as long as short |
Deribit EIGEN_USDC-PERPETUAL
dYdX EIGEN-USD
01 Exchange EIGENUSD
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
Nado EIGEN-PERP
Aster EIGENUSDT
Binance EIGENUSDT
Bybit EIGENUSDT
OKX EIGEN-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2402 | −0.249% | $718K | $672K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2402 | −0.249% | $8.4M | $2.2M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2403 | −0.208% | $2.3M | $10.8M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2400 | −0.332% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDCshort | +0.0100% | 4h | 0.2403 | −0.208% | — | $6.5M | — | |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2402 | −0.253% | $202K | $152K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2404 | −0.167% | $186K | $2.1M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2400 | −0.332% | $35K | $235K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2403 | −0.208% | $2K | $2K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2403 | −0.196% | $91K | $496K | 10x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0144% | 1h | 0.2407 | −0.054% | $42K | $160K | 50x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2403 | −0.200% | $2K | — | 100x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0311% | 1h | 0.2406 | −0.098% | $173K | $68K | 20x | as long as short |
| Reya EIGENRUSDPERP | +0.0512% | 1h | 0.2403 | −0.193% | $839 | — | 15x | as long as short |
| Lighter EIGEN | +0.0544% | 1h | 0.2404 | −0.150% | $572K | $398K | 5x | as long as short |
| Hyperliquid EIGENlong | +0.0567% | 1h | 0.2408 | long leg | $4.8M | $1.5M | 5x |
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
Coinbase International EIGEN-PERP-INTX
GMX EIGEN/USD [ETH-USDC]
Kraken Futures PF_EIGENUSD
Reya EIGENRUSDPERP
Lighter EIGEN