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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0184%/8h= −20.2% APRpaid last 24h −0.022%
Price spread now: BloFin against Hyperliquid−0.528%7-day average −0.200% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$860.860% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.370%+$37 on $10k
Price spread, last 3 days (all we have)+0.340%+$34 · spread now −0.528%, 7d avg −0.200%
Together, before fees+0.710%+ Points / potential airdropHyperliquid: Season 2 · farm board+$71 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and BloFin is 0.328% cheaper against Hyperliquid than usual: you would sell low and buy high (−$33 if the spread goes back to its 7-day average of −0.200%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.370%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid EIGEN0.24620.0259pay 0.0032% / 1h10m 55s$4.9M$1.6M5x
ShortBloFin EIGEN-USDT0.24490.0074get 0.0037% / 4h3h 10m$354K$129K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Hyperliquid. 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
−$38.73
Price spread: −0.528% → −0.200%
−$32.8
Slippage, 4 orders
−$65.05
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$157.58
Costs to cover
0.860%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; BloFin: live order book, 59 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 Hyperliquid live order book, 11 min ago2.04 bp26.5 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 59 min ago6.19 bp19.1 bp −$1926.9 bp −$269105.2 bp −$10.5Kdoesn'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
Kraken Futures PF_EIGENUSD−0.0096%1h0.2452−0.407%$168K$82K20xas long as short
01 Exchange EIGENUSD−0.0072%1h0.2451−0.447%$831$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2450−0.504%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2450−0.487%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438−0.975%$6$65.5xas long as short
BloFin EIGEN-USDTshort+0.0074%4h0.2449−0.528%$354K$129K75x
Lighter EIGEN+0.0096%1h0.2458−0.154%$559K$449K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2451−0.447%$32K$18K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2451−0.433%$48K$37K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2454−0.312%$8.4M$20.4M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EIGENUSDT+0.0100%4h0.2455−0.284%$9.8M$7.6M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2454−0.325%$1.7M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2452−0.406%$758K$593K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2455−0.284%$8.7M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2453−0.366%$2.4M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2455−0.284%$1.9M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2454−0.325%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2450−0.504%$203K$124Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2454−0.325%$194K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2457−0.203%$36K$238K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2451−0.447%$582$3K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2455−0.303%$93K$640K10xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2448−0.581%$44K$190K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2451−0.450%$2K100xas long as short
Hyperliquid EIGENlong+0.0259%1h0.2462long leg$4.9M$1.6M5x
Reya EIGENRUSDPERP+0.0515%1h0.2451−0.431%$85615xas long as short