Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.107%
Price spread now: Hyperliquid against Deribit+0.033%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.033% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit EIGEN_USDC-PERPETUAL | 0.2416 | 0 | get 0.0000% / 1h | 59m 58s | — | $41 | 10x |
| Short | Hyperliquid EIGEN | 0.2417 | 0.0100 | get 0.0013% / 1h | 59m 58s | $4.6M | $1.7M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Deribit. 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
- $21
- Price spread: +0.033% → 0.000%
- $3.31
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $8.31
- Costs to cover
- 0.160%
- Break-even
- 4.2 days
Slippage unknown: Deribit: no order-book sample; Hyperliquid: live order book, 2 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 2 min ago | 4.14 bp | 33.4 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2413 | −0.152% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUALlong | 0.0000% | 1h | 0.2416 | long leg | — | $41 | 10x | |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +0.902% | $6 | $6 | 5.5x | as long as short |
| 01 Exchange EIGENUSD | +0.0064% | 1h | 0.2416 | −0.008% | $819 | $5K | 10x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2420 | +0.145% | $544K | $504K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2415 | −0.029% | $36K | $20K | 3x | as long as short |
| Hyperliquid EIGENshort | +0.0100% | 1h | 0.2417 | +0.033% | $4.6M | $1.7M | 5x | |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2416 | −0.023% | $45K | $37K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2413 | −0.116% | $8.3M | $20.1M | 75x | as long as short |
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2413 | −0.132% | $9.4M | $7.3M | 50x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2414 | −0.091% | $1.6M | $4.8M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2412 | −0.174% | $734K | $577K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2413 | −0.132% | $8.1M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2415 | −0.050% | $2.4M | $10.0M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2414 | −0.091% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2414 | −0.091% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2412 | −0.191% | $211K | $134K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2402 | −0.588% | $193K | $2.3M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2403 | −0.546% | $35K | $231K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2416 | −0.008% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2415 | −0.064% | $89K | $637K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0139% | 4h | 0.2401 | −0.629% | $354K | $114K | 75x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2415 | −0.034% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0280% | 1h | 0.2419 | +0.095% | $39K | $252K | 50x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0469% | 1h | 0.2415 | −0.035% | $165K | $105K | 20x | as long as short |
| Reya EIGENRUSDPERP | +0.0518% | 1h | 0.2416 | +0.006% | $843 | — | 15x | as long as short |
Deribit EIGEN_USDC-PERPETUAL
Hyperliquid EIGEN
Injective EIGEN/USDC PERP
01 Exchange EIGENUSD
Lighter EIGEN
Aster EIGENUSDT
Binance EIGENUSDT
Bybit EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDC
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Extended EIGEN-USD
BloFin EIGEN-USDT
GMX EIGEN/USD [ETH-USDC]
Coinbase International EIGEN-PERP-INTX
Kraken Futures PF_EIGENUSD