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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.068%
Price spread now: Hyperliquid against OKX+0.209%7-day average +0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1021.015% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.090%+$9 on $10k
Price spread, last 7 days−0.051%−$5 · spread now +0.209%, 7d avg +0.149%
Together, before fees+0.039%+ Points / potential airdropHyperliquid: Season 2 · farm board+$4 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: Hyperliquid is 0.060% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.149%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EIGEN-USDT-SWAP0.23920.0100pay 0.0050% / 4h3h 13m$1.6M$4.7M20x
ShortHyperliquid EIGEN0.23970.0100get 0.0013% / 1h13m 02s$4.5M$1.8M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against OKX. 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: +0.209% → +0.149%
$6
Slippage, 4 orders
−$82.55
Fee OKX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$95.54
Costs to cover
1.015%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Hyperliquid: live order book, 9 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 OKX live order book, 4 min ago2.09 bp23.5 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 9 min ago2.08 bp34.4 bp −$34doesn't fitdoesn't fitdoesn'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−0.6440%1h0.2348−1.839%$796$5K10xas long as short
Deribit EIGEN_USDC-PERPETUAL−0.0293%1h0.2391−0.050%$4110xas long as short
Kraken Futures PF_EIGENUSD−0.0078%1h0.2394+0.083%$160K$118K20xas long as short
Bybit EIGENUSDT−0.0057%4h0.23920.000%$9.0M$7.2M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2397+0.193%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.923%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2397+0.192%$539K$497K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2394+0.105%$36K$19K3xas long as short
Hyperliquid EIGENshort+0.0100%1h0.2397+0.209%$4.5M$1.8M5x
Aster EIGENUSDT+0.0100%4h0.2393+0.035%$44K$27K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EIGENUSDT+0.0100%4h0.2391−0.042%$8.1M$20.0M75xas long as short
OKX EIGEN-USDT-SWAPlong+0.0100%4h0.2392long leg$1.6M$4.7M20x
Gate EIGEN_USDT+0.0100%4h0.23920.000%$707K$617K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2390−0.084%$8.3M$2.5M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2395+0.125%$2.4M$9.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2389−0.125%$1.8M$1.3M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2395+0.125%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2403+0.445%$220K$142Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2399+0.301%$195K$2.8M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2401+0.376%$35K$231K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2391−0.042%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2393+0.047%$86K$695K10xas long as short
BloFin EIGEN-USDT+0.0117%4h0.2396+0.167%$347K$112K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2393+0.030%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0504%1h0.2398+0.255%$40K$282K50xas long as short
Reya EIGENRUSDPERP+0.0523%1h0.2394+0.075%$83615xas long as short