EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.029%

Price spread now: Injective against Hyperliquid+2.523%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. Injective is 2.523% dearer against Hyperliquid than usual: you sell high and buy low (spread +2.523% now, against zero (this spread has no 7-day history yet)): +$252 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid EIGEN	0.2378	0.0100	pay 0.0013% / 1h	48m 37s	$4.6M	$1.7M	5x
Short	Injective EIGEN/USDC PERP	0.2438	0.0033	get 0.0004% / 1h	48m 37s	$6	$6	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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

Position, each leg$Hold fordaysFee HyperliquidbpFee InjectivebpOrdersPrice spread, now +2.523%Rate

Funding earned: −$14
Price spread: +2.523% → 0.000%: $252.31
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $229.29
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Hyperliquid: live order book, 3 min ago; Injective: 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, 3 min ago	2.09 bp	17.4 bp −$17	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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
Bybit EIGENUSDT	−0.0082%	4h	0.2374	−0.168%	$9.2M	$7.4M	50x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2374	−0.185%	$3K	—	5x	as long as short
01 Exchange EIGENUSD	0.0000%	1h	0.2376	−0.084%	$806	$5K	10x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2374	−0.189%	—	$41	10x	as long as short
Injective EIGEN/USDC PERPshort	+0.0033%	1h	0.2438	+2.523%	$6	$6	5.5x
Lighter EIGEN	+0.0096%	1h	0.2379	+0.029%	$535K	$504K	5x	as long as short
BloFin EIGEN-USDT	+0.0097%	4h	0.2378	0.000%	$352K	$110K	75x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2374	−0.147%	$35K	$20K	3x	as long as short
Hyperliquid EIGENlong	+0.0100%	1h	0.2378	long leg	$4.6M	$1.7M	5x
Aster EIGENUSDT	+0.0100%	4h	0.2375	−0.130%	$44K	$37K	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance EIGENUSDT	+0.0100%	4h	0.2373	−0.198%	$8.2M	$20.3M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2374	−0.168%	$1.6M	$4.8M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2370	−0.336%	$724K	$570K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2375	−0.126%	$8.0M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2375	−0.126%	$2.3M	$10.1M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2373	−0.210%	$1.8M	$1.5M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2375	−0.126%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2381	+0.130%	$193K	$124K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2395	+0.695%	$190K	$2.3M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2384	+0.252%	$35K	$230K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2374	−0.168%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2375	−0.131%	$89K	$637K	10x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2373	−0.213%	$2K	—	100x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0280%	1h	0.2373	−0.223%	$40K	$246K	50x	as long as short
Kraken Futures PF_EIGENUSD	+0.0477%	1h	0.2374	−0.163%	$162K	$104K	20x	as long as short
Reya EIGENRUSDPERP	+0.0517%	1h	0.2373	−0.208%	$828	—	15x	as long as short