Funding you earn now, next payment 00:00 UTC+0.0280%/8h= +30.6% APRpaid last 24h +0.085%
Price spread now: Hyperliquid against Bybit+0.370%7-day average +0.181% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$830.829% of the position
Funding, last 7 days+0.230%+$23 on $10k
+Price spread, last 7 days−0.254%−$25 · spread now +0.370%, 7d avg +0.181%
=Together, before fees−0.025%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Hyperliquid is 0.189% dearer against Bybit than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.181%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EIGENUSDT | 0.2434 | −0.0044 | get 0.0022% / 4h | 2m 37s | $9.7M | $7.7M | 50x |
| Short | Hyperliquid EIGEN | 0.2443 | 0.0236 | get 0.0029% / 1h | 2m 37s | $4.8M | $1.6M | 5x |
Bybit EIGENUSDT
Hyperliquid EIGENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bybit. 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
- $58.72
- Price spread: +0.370% → +0.181%
- $18.87
- Slippage, 4 orders
- −$62.89
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$5.3
- Costs to cover
- 0.829%
- Break-even
- 7.6 days
Slippage from Bybit: live order book, 6 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 6 min ago | 4.12 bp | 18.5 bp −$19 | 53.9 bp −$539 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 2.07 bp | 21.0 bp −$21 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EIGEN_USDC-PERPETUAL | −0.0242% | 1h | 0.2439 | +0.210% | — | $86 | 10x | as long as short |
| 01 Exchange EIGENUSD | −0.0128% | 1h | 0.2434 | 0.000% | $825 | $5K | 10x | as long as short |
| Bybit EIGENUSDTlong | −0.0044% | 4h | 0.2434 | long leg | $9.7M | $7.7M | 50x | |
| Kraken Futures PF_EIGENUSD | −0.0016% | 1h | 0.2440 | +0.244% | $177K | $75K | 20x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2441 | +0.274% | $3K | — | 5x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +0.164% | $6 | $6 | 5.5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2436 | +0.103% | $32K | $18K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2438 | +0.146% | $46K | $34K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2434 | +0.010% | $8.3M | $20.4M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2433 | −0.041% | $1.7M | $5.1M | 20x | as long as short |
Deribit EIGEN_USDC-PERPETUAL
01 Exchange EIGENUSD
Kraken Futures PF_EIGENUSD
dYdX EIGEN-USD
Injective EIGEN/USDC PERP
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 | 0.2438 | +0.164% | $737K | $650K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2436 | +0.082% | $8.6M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2439 | +0.205% | $2.4M | $10.6M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2437 | +0.123% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2435 | +0.041% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2420 | −0.589% | $201K | $125K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2438 | +0.164% | $190K | $2.2M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2438 | +0.164% | $36K | $237K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2439 | +0.205% | $580 | $3K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2434 | +0.010% | $92K | $496K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0115% | 4h | 0.2437 | +0.123% | $353K | $134K | 75x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0160% | 1h | 0.2439 | +0.210% | $55K | $161K | 50x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2440 | +0.237% | $2K | — | 100x | as long as short |
| Hyperliquid EIGENshort | +0.0236% | 1h | 0.2443 | +0.370% | $4.8M | $1.6M | 5x | |
| Lighter EIGEN | +0.0344% | 1h | 0.2441 | +0.283% | $556K | $449K | 5x | as long as short |
| Reya EIGENRUSDPERP | +0.0514% | 1h | 0.2436 | +0.073% | $850 | — | 15x | as long as short |
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
BloFin EIGEN-USDT
Coinbase International EIGEN-PERP-INTX
GMX EIGEN/USD [ETH-USDC]
Lighter EIGEN
Reya EIGENRUSDPERP