Funding you earn now, next payment 06:00 UTC−0.0188%/8h= −20.6% APRnext payment −$0.24 per $10,000 · paid last 24h −0.107%
Price spread now: Deribit against Hyperliquid−0.241%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$6 a day on $10k at the current rate, and Deribit is 0.241% cheaper against Hyperliquid than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid EIGEN | 0.2369 | 0.0100 | pay 0.0013% / 1h | 22m 56s | $4.5M | $1.7M | 5x |
| Short | Deribit EIGEN_USDC-PERPETUAL | 0.2363 | −0.0088 | pay 0.0011% / 1h | 22m 56s | — | $41 | 10x |
Hyperliquid EIGEN
Deribit EIGEN_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$39.56
- Price spread: −0.241% → 0.000%
- −$24.06
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$79.62
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; Deribit: no order-book sample. 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 Hyperliquid live order book, 9 min ago | 4.20 bp | 18.8 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EIGENUSDT | −0.0409% | 4h | 0.2368 | −0.055% | $9.1M | $7.1M | 50x | as long as short |
| Deribit EIGEN_USDC-PERPETUALshort | −0.0088% | 1h | 0.2363 | −0.241% | — | $41 | 10x | |
| 01 Exchange EIGENUSD | −0.0056% | 1h | 0.2365 | −0.169% | $802 | $5K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2369 | −0.021% | $3K | — | 5x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +2.913% | $6 | $6 | 5.5x | as long as short |
| Gate EIGEN_USDT | +0.0072% | 4h | 0.2362 | −0.295% | $709K | $579K | 50x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2368 | −0.038% | $532K | $507K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2367 | −0.063% | $36K | $20K | 3x | as long as short |
| Hyperliquid EIGENlong | +0.0100% | 1h | 0.2369 | long leg | $4.5M | $1.7M | 5x | |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2366 | −0.117% | $44K | $26K | 5x | as long as short |
Bybit EIGENUSDT
01 Exchange EIGENUSD
dYdX EIGEN-USD
Injective EIGEN/USDC PERP
Gate EIGEN_USDT
Lighter EIGEN
Nado EIGEN-PERP
Aster EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance EIGENUSDT | +0.0100% | 4h | 0.2367 | −0.096% | $8.0M | $19.8M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2365 | −0.169% | $1.6M | $4.7M | 20x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2367 | −0.084% | $7.8M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2367 | −0.084% | $2.4M | $9.9M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2364 | −0.211% | $1.8M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2365 | −0.169% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2363 | −0.270% | $211K | $134K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2369 | −0.013% | $181K | $2.5M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2368 | −0.042% | $34K | $231K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2364 | −0.211% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2366 | −0.110% | $88K | $726K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0128% | 4h | 0.2367 | −0.084% | $350K | $113K | 75x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2363 | −0.271% | $2K | — | 100x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0328% | 1h | 0.2364 | −0.199% | $158K | $111K | 20x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0360% | 1h | 0.2366 | −0.148% | $41K | $265K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0520% | 1h | 0.2365 | −0.187% | $825 | — | 15x | as long as short |
Binance EIGENUSDT
OKX EIGEN-USDT-SWAP
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
GMX EIGEN/USD [ETH-USDC]
Kraken Futures PF_EIGENUSD
Coinbase International EIGEN-PERP-INTX
Reya EIGENRUSDPERP