Funding you earn now, next payment 03:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.22 per $10,000 · paid last 24h −0.057%
Price spread now: Coinbase International against Hyperliquid−0.443%7-day average −0.157% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$920.915% of the position
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 4 days (all we have)+0.240%+$24 · spread now −0.443%, 7d avg −0.157%
=Together, before fees+0.116%+ Points / potential airdropHyperliquid: Season 2 · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.286% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.443% now, against its 7-day average of −0.157%). If the spread goes back, that is −$29 on $10k: about 5.3 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.124%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid EIGEN | 0.2416 | 0.0100 | pay 0.0013% / 1h | 1m 36s | $4.6M | $1.7M | 5x |
| Short | Coinbase International EIGEN-PERP-INTX | 0.2405 | 0.0280 | get 0.0035% / 1h | 1m 36s | $40K | $250K | 50x |
Hyperliquid EIGEN
Coinbase International EIGEN-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Hyperliquid. 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
- $37.8
- Price spread: −0.443% → −0.157%
- −$28.57
- Slippage, 4 orders
- −$72.5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$82.27
- Costs to cover
- 0.915%
- Break-even
- 22.2 days
Slippage from Hyperliquid: live order book, 10 min ago; Coinbase International: live order book, 56 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 Hyperliquid live order book, 10 min ago | 2.08 bp | 23.7 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 56 min ago | 8.17 bp | 25.1 bp −$25 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2411 | −0.226% | $3K | — | 5x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +0.911% | $6 | $6 | 5.5x | as long as short |
| 01 Exchange EIGENUSD | +0.0064% | 1h | 0.2413 | −0.124% | $818 | $5K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0080% | 4h | 0.2401 | −0.621% | $354K | $114K | 75x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2417 | +0.021% | $543K | $504K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2405 | −0.455% | $36K | $20K | 3x | as long as short |
| Hyperliquid EIGENlong | +0.0100% | 1h | 0.2416 | long leg | $4.6M | $1.7M | 5x | |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2406 | −0.399% | $45K | $37K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2411 | −0.205% | $8.3M | $20.0M | 75x | as long as short |
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2413 | −0.112% | $9.4M | $7.3M | 50x | as long as short |
dYdX EIGEN-USD
Injective EIGEN/USDC PERP
01 Exchange EIGENUSD
BloFin EIGEN-USDT
Lighter EIGEN
Nado EIGEN-PERP
Aster EIGENUSDT
Binance EIGENUSDT
Bybit EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2412 | −0.166% | $1.6M | $4.9M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2409 | −0.290% | $733K | $577K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2411 | −0.207% | $8.1M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2413 | −0.124% | $2.4M | $10.0M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2413 | −0.124% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2410 | −0.248% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2393 | −0.949% | $209K | $134K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2396 | −0.828% | $183K | $2.3M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2394 | −0.911% | $35K | $231K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2407 | −0.373% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2413 | −0.106% | $89K | $637K | 10x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | +0.0124% | 1h | 0.2408 | −0.315% | — | $41 | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2406 | −0.418% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTXshort | +0.0280% | 1h | 0.2405 | −0.443% | $40K | $250K | 50x | |
| Kraken Futures PF_EIGENUSD | +0.0471% | 1h | 0.2409 | −0.291% | $164K | $105K | 20x | as long as short |
| Reya EIGENRUSDPERP | +0.0518% | 1h | 0.2407 | −0.378% | $840 | — | 15x | as long as short |
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
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
GMX EIGEN/USD [ETH-USDC]
Kraken Futures PF_EIGENUSD
Reya EIGENRUSDPERP