Funding you earn now, next payment 05:00 UTC+0.0008%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h +0.113%
Price spread now: Kraken Futures against Hyperliquid−0.146%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1151.147% of the position
Funding, last 7 days+0.322%+$32 on $10k
+Price spread, last 4 days (all we have)−0.121%−$12 · spread now −0.146%, 7d avg −0.117%
=Together, before fees+0.200%+ Points / potential airdropHyperliquid: Season 2 · farm board+$20 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: Kraken Futures is 0.029% cheaper against Hyperliquid than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.117%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid EIGEN | 0.2411 | 0.0100 | pay 0.0013% / 1h | 50m 12s | $4.6M | $1.7M | 5x |
| Short | Kraken Futures PF_EIGENUSD | 0.2407 | 0.0108 | get 0.0013% / 1h | 50m 12s | $164K | $105K | 20x |
Hyperliquid EIGEN
Kraken Futures PF_EIGENUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $1.61
- Price spread: −0.146% → −0.117%
- −$2.94
- Slippage, 4 orders
- −$95.69
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$116.01
- Costs to cover
- 1.147%
- Break-even
- 510.7 days
Slippage from Hyperliquid: live order book, 2 min ago; Kraken Futures: live order book, 2 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, 2 min ago | 4.13 bp | 18.2 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 12.38 bp | 46.9 bp −$47 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2414 | +0.106% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2405 | −0.236% | — | $41 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.120% | $6 | $6 | 5.5x | as long as short |
| 01 Exchange EIGENUSD | +0.0048% | 1h | 0.2403 | −0.332% | $815 | $5K | 10x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2412 | +0.062% | $542K | $499K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2409 | −0.083% | $36K | $20K | 3x | as long as short |
| Hyperliquid EIGENlong | +0.0100% | 1h | 0.2411 | long leg | $4.6M | $1.7M | 5x | |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2411 | −0.015% | $45K | $37K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2407 | −0.166% | $8.3M | $20.0M | 75x | as long as short |
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2406 | −0.191% | $9.4M | $7.2M | 50x | as long as short |
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
01 Exchange EIGENUSD
Lighter EIGEN
Nado EIGEN-PERP
Aster EIGENUSDT
Binance EIGENUSDT
Bybit EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2405 | −0.249% | $1.6M | $4.8M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2404 | −0.290% | $730K | $565K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2405 | −0.249% | $8.1M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2409 | −0.083% | $2.4M | $10.0M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2407 | −0.166% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2408 | −0.124% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2417 | +0.231% | $216K | $134K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2423 | +0.489% | $184K | $2.3M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2424 | +0.539% | $35K | $230K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2405 | −0.249% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2406 | −0.221% | $89K | $637K | 10x | as long as short |
| Kraken Futures PF_EIGENUSDshort | +0.0108% | 1h | 0.2407 | −0.146% | $164K | $105K | 20x | |
| BloFin EIGEN-USDT | +0.0146% | 4h | 0.2420 | +0.373% | $355K | $116K | 75x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2407 | −0.170% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0312% | 1h | 0.2411 | +0.008% | $39K | $256K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0518% | 1h | 0.2409 | −0.099% | $841 | — | 15x | as long as short |
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
BloFin EIGEN-USDT
GMX EIGEN/USD [ETH-USDC]
Coinbase International EIGEN-PERP-INTX
Reya EIGENRUSDPERP