Funding you earn now, next payment 00:00 UTC+0.0538%/8h= +58.9% APRnext payment +$0.67 per $10,000 · paid last 24h +0.065%
Price spread now: Hyperliquid against Extended+0.311%7-day average +0.213% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$900.898% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.311%, 7d avg +0.213%
=Together, before fees−0.057%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board−$6 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 0.098% dearer against Extended than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.213%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.082% in total (about 4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.67 per $10,000. 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 | Extended EIGEN-USD | 0.2439 | 0.0104 | pay 0.0013% / 1h | 55m 53s | $92K | $496K | 10x |
| Short | Hyperliquid EIGEN | 0.2447 | 0.0642 | get 0.0080% / 1h | 55m 53s | $4.8M | $1.6M | 5x |
Extended EIGEN-USD
Hyperliquid EIGENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Extended. 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
- $112.95
- Price spread: +0.311% → +0.213%
- $9.79
- Slippage, 4 orders
- −$75.81
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $32.92
- Costs to cover
- 0.898%
- Break-even
- 5.0 days
Slippage from Extended: live order book, 22 min ago; Hyperliquid: live order book, 6 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 Extended live order book, 22 min ago | 8.33 bp | 28.3 bp −$28 | 161.4 bp −$1,614 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 2.06 bp | 14.0 bp −$14 | 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 | −0.0080% | 1h | 0.2437 | −0.099% | $826 | $5K | 10x | as long as short |
| Kraken Futures PF_EIGENUSD | −0.0016% | 1h | 0.2440 | +0.004% | $176K | $68K | 20x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2432 | −0.318% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2438 | −0.050% | — | $86 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | −0.058% | $6 | $6 | 5.5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2437 | −0.099% | $30K | $17K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2439 | −0.027% | $45K | $29K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2439 | −0.019% | $8.3M | $20.0M | 75x | as long as short |
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2438 | −0.054% | $9.7M | $7.7M | 50x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2439 | −0.017% | $1.6M | $5.0M | 20x | as long as short |
01 Exchange EIGENUSD
Kraken Futures PF_EIGENUSD
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
Nado EIGEN-PERP
Aster EIGENUSDT
Binance EIGENUSDT
Bybit 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 | 0.2436 | −0.140% | $732K | $635K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2439 | −0.017% | $8.8M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2439 | −0.017% | $2.4M | $10.6M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2439 | −0.017% | $1.9M | $1.3M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2439 | −0.017% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2418 | −0.891% | $201K | $127K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2418 | −0.879% | $186K | $2.1M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2424 | −0.632% | $36K | $236K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2437 | −0.099% | $2K | $1K | 10x | as long as short |
| Extended EIGEN-USDlong | +0.0104% | 1h | 0.2439 | long leg | $92K | $496K | 10x | |
| BloFin EIGEN-USDT | +0.0113% | 4h | 0.2427 | −0.509% | $349K | $135K | 75x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0160% | 1h | 0.2434 | −0.214% | $42K | $160K | 50x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2438 | −0.063% | $2K | — | 100x | as long as short |
| Reya EIGENRUSDPERP | +0.0513% | 1h | 0.2438 | −0.059% | $851 | — | 15x | as long as short |
| Hyperliquid EIGENshort | +0.0642% | 1h | 0.2447 | +0.311% | $4.8M | $1.6M | 5x | |
| Lighter EIGEN | +0.0888% | 1h | 0.2443 | +0.147% | $562K | $443K | 5x | 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
BloFin EIGEN-USDT
Coinbase International EIGEN-PERP-INTX
GMX EIGEN/USD [ETH-USDC]
Reya EIGENRUSDPERP
Lighter EIGEN