Funding you earn now, next payment 01:00 UTC−0.0250%/8h= −27.4% APRnext payment −$0.31 per $10,000 · paid last 24h −0.104%
Price spread now: Deribit against Hyperliquid−0.228%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Deribit is 0.228% cheaper against Hyperliquid than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid EIGEN | 0.2459 | 0.0250 | pay 0.0031% / 1h | 11m 44s | $4.9M | $1.6M | 5x |
| Short | Deribit EIGEN_USDC-PERPETUAL | 0.2453 | 0 | get 0.0000% / 1h | 11m 44s | — | $86 | 10x |
Hyperliquid EIGEN
Deribit EIGEN_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$52.46
- Price spread: −0.228% → 0.000%
- −$22.77
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$91.23
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 10 min ago; Deribit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 10 min ago | 2.04 bp | 26.5 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EIGENUSD | −0.0096% | 1h | 0.2459 | +0.016% | $176K | $75K | 20x | as long as short |
| 01 Exchange EIGENUSD | −0.0072% | 1h | 0.2454 | −0.203% | $832 | $5K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2450 | −0.383% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUALshort | 0.0000% | 1h | 0.2453 | −0.228% | — | $86 | 10x | |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | −0.854% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0083% | 4h | 0.2456 | −0.122% | $355K | $129K | 75x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2460 | +0.024% | $560K | $449K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2454 | −0.183% | $32K | $18K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2453 | −0.245% | $48K | $37K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2452 | −0.290% | $8.4M | $20.4M | 75x | as long as short |
Kraken Futures PF_EIGENUSD
01 Exchange EIGENUSD
dYdX EIGEN-USD
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
Lighter EIGEN
Nado EIGEN-PERP
Aster EIGENUSDT
Binance EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2451 | −0.338% | $9.8M | $7.6M | 50x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2450 | −0.366% | $1.7M | $5.0M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2449 | −0.407% | $757K | $588K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2451 | −0.325% | $8.7M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2451 | −0.325% | $2.4M | $10.5M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2450 | −0.366% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2450 | −0.366% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2446 | −0.524% | $203K | $124K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2456 | −0.108% | $194K | $2.2M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2457 | −0.081% | $36K | $238K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2453 | −0.244% | $583 | $3K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2452 | −0.303% | $93K | $640K | 10x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0144% | 1h | 0.2455 | −0.179% | $54K | $176K | 50x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2454 | −0.220% | $2K | — | 100x | as long as short |
| Hyperliquid EIGENlong | +0.0250% | 1h | 0.2459 | long leg | $4.9M | $1.6M | 5x | |
| Reya EIGENRUSDPERP | +0.0515% | 1h | 0.2454 | −0.208% | $857 | — | 15x | as long as short |
Bybit EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
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
Coinbase International EIGEN-PERP-INTX
GMX EIGEN/USD [ETH-USDC]
Reya EIGENRUSDPERP