Funding you earn now, next payment 22:00 UTC−0.0575%/8h= −62.9% APRpaid last 24h −0.062%
Price spread now: Gate against Hyperliquid−0.125%7-day average −0.114% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1131.126% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now −0.125%, 7d avg −0.114%
=Together, before fees−0.056%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.114%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.067% in total (about -3.5% a year). A funding rate is set anew for every payment. 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 | Hyperliquid EIGEN | 0.2406 | 0.0675 | pay 0.0084% / 1h | 54m 50s | $4.8M | $1.5M | 5x |
| Short | Gate EIGEN_USDT | 0.2403 | 0.0100 | get 0.0050% / 4h | 2h 54m | $719K | $672K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$120.7
- Price spread: −0.125% → −0.114%
- −$1.03
- Slippage, 4 orders
- −$88.64
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$234.37
- Costs to cover
- 1.126%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; Gate: live order book, 31 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, 7 min ago | 2.07 bp | 18.1 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 31 min ago | 6.15 bp | 39.5 bp −$40 | 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 | −0.0128% | 1h | 0.2403 | −0.125% | $815 | $5K | 10x | as long as short |
| Bybit EIGENUSDT | −0.0110% | 4h | 0.2400 | −0.249% | $9.6M | $8.0M | 50x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2398 | −0.333% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2407 | +0.029% | — | $86 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.330% | $6 | $6 | 5.5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2406 | 0.000% | $29K | $16K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2405 | −0.061% | $44K | $24K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2401 | −0.202% | $8.2M | $20.2M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2399 | −0.291% | $1.6M | $5.0M | 20x | as long as short |
| Gate EIGEN_USDTshort | +0.0100% | 4h | 0.2403 | −0.125% | $719K | $672K | 50x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2401 | −0.208% | $8.4M | $2.2M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2399 | −0.291% | $2.3M | $10.7M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2400 | −0.249% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2401 | −0.208% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2399 | −0.271% | $201K | $152K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2396 | −0.423% | $188K | $2.1M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2397 | −0.374% | $36K | $234K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2406 | 0.000% | $2K | $2K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2399 | −0.301% | $91K | $496K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0142% | 4h | 0.2397 | −0.374% | $352K | $136K | 75x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0144% | 1h | 0.2407 | +0.021% | $42K | $159K | 50x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0194% / S −0.0568% | 1h | 0.2406 | +0.006% | $2K | — | 100x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0310% | 1h | 0.2410 | +0.164% | $174K | $67K | 20x | as long as short |
| Lighter EIGEN | +0.0416% | 1h | 0.2411 | +0.204% | $580K | $392K | 5x | as long as short |
| Reya EIGENRUSDPERP | +0.0511% | 1h | 0.2404 | −0.074% | $839 | — | 15x | as long as short |
| Hyperliquid EIGENlong | +0.0675% | 1h | 0.2406 | long leg | $4.8M | $1.5M | 5x |
Hyperliquid EIGEN
Gate EIGEN_USDT
01 Exchange EIGENUSD
Bybit EIGENUSDT
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
Aster EIGENUSDT
Binance EIGENUSDT
OKX EIGEN-USDT-SWAP
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Extended EIGEN-USD
BloFin EIGEN-USDT
Coinbase International EIGEN-PERP-INTX
GMX EIGEN/USD [ETH-USDC]
Kraken Futures PF_EIGENUSD
Lighter EIGEN