Funding you earn now, next payment 22:00 UTC+0.0524%/8h= +57.4% APRpaid last 24h +0.066%
Price spread now: Hyperliquid against BingX+0.292%7-day average +0.141% · you sell dearer than you buy
Net, funding: paid 7d − costs−$262as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as 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−0.169%−$17 · spread now +0.292%, 7d avg +0.141%
=Together, before fees−0.099%+ Points / potential airdropHyperliquid: Season 2 · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Hyperliquid is 0.151% dearer against BingX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.141%.
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 | BingX EIGEN-USDC | 0.2395 | 0.0100 | pay 0.0050% / 4h | 2h 37m | — | $6.5M | — |
| Short | Hyperliquid EIGEN | 0.2402 | 0.0624 | get 0.0078% / 1h | 37m 57s | $4.8M | $1.5M | 5x |
BingX EIGEN-USDC
Hyperliquid EIGENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BingX. 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
- $110.07
- Price spread: +0.292% → +0.141%
- $15.11
- Slippage, 4 orders
- −$249.96
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$143.79
- Costs to cover
- 2.690%
- Break-even
- 16.1 days
Slippage from BingX: live order book, 3 min ago; Hyperliquid: live order book, 4 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 BingX live order book, 3 min ago | 4.17 bp | 110.8 bp −$111 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 2.08 bp | 20.2 bp −$20 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange EIGENUSD | −0.0008% | 1h | 0.2393 | −0.084% | $811 | $5K | 10x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2397 | +0.071% | — | $86 | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2394 | −0.047% | $3K | — | 5x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.795% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0077% | 4h | 0.2395 | 0.000% | $349K | $136K | 75x | as long as short |
| Bybit EIGENUSDT | +0.0097% | 4h | 0.2397 | +0.071% | $9.6M | $8.0M | 50x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2392 | −0.146% | $29K | $16K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2396 | +0.044% | $44K | $24K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2398 | +0.113% | $8.2M | $20.1M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2396 | +0.042% | $1.6M | $5.0M | 20x | as long as short |
01 Exchange EIGENUSD
Deribit EIGEN_USDC-PERPETUAL
dYdX EIGEN-USD
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
Bybit EIGENUSDT
Nado EIGEN-PERP
Aster EIGENUSDT
Binance 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 | 0.2393 | −0.084% | $716K | $672K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2395 | 0.000% | $8.4M | $2.2M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2395 | 0.000% | $2.3M | $10.8M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2397 | +0.084% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDClong | +0.0100% | 4h | 0.2395 | long leg | — | $6.5M | — | |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2394 | −0.041% | $201K | $152K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2394 | −0.048% | $185K | $2.1M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2394 | −0.042% | $35K | $235K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2396 | +0.042% | $2K | $2K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2397 | +0.095% | $90K | $496K | 10x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0144% | 1h | 0.2397 | +0.088% | $42K | $160K | 50x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0194% / S −0.0568% | 1h | 0.2397 | +0.069% | $2K | — | 100x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0312% | 1h | 0.2399 | +0.181% | $173K | $68K | 20x | as long as short |
| Reya EIGENRUSDPERP | +0.0512% | 1h | 0.2393 | −0.081% | $835 | — | 15x | as long as short |
| Hyperliquid EIGENshort | +0.0624% | 1h | 0.2402 | +0.292% | $4.8M | $1.5M | 5x | |
| Lighter EIGEN | +0.0656% | 1h | 0.2402 | +0.313% | $578K | $392K | 5x | as long as short |
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