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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid EIGEN0.24060.0675pay 0.0084% / 1h54m 50s$4.8M$1.5M5x
ShortGate EIGEN_USDT0.24030.0100get 0.0050% / 4h2h 54m$719K$672K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 7 min ago2.07 bp18.1 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 31 min ago6.15 bp39.5 bp −$40doesn't fitdoesn't fitdoesn'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
01 Exchange EIGENUSD−0.0128%1h0.2403−0.125%$815$5K10xas long as short
Bybit EIGENUSDT−0.0110%4h0.2400−0.249%$9.6M$8.0M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2398−0.333%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2407+0.029%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.330%$6$65.5xas long as short
Nado EIGEN-PERP+0.0100%1h0.24060.000%$29K$16K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2405−0.061%$44K$24K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2401−0.202%$8.2M$20.2M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2399−0.291%$1.6M$5.0M20xas long as short
Gate EIGEN_USDTshort+0.0100%4h0.2403−0.125%$719K$672K50x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.2401−0.208%$8.4M$2.2M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2399−0.291%$2.3M$10.7M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2400−0.249%$1.9M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2401−0.208%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2399−0.271%$201K$152Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2396−0.423%$188K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2397−0.374%$36K$234K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.24060.000%$2K$2K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2399−0.301%$91K$496K10xas long as short
BloFin EIGEN-USDT+0.0142%4h0.2397−0.374%$352K$136K75xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2407+0.021%$42K$159K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2406+0.006%$2K100xas long as short
Kraken Futures PF_EIGENUSD+0.0310%1h0.2410+0.164%$174K$67K20xas long as short
Lighter EIGEN+0.0416%1h0.2411+0.204%$580K$392K5xas long as short
Reya EIGENRUSDPERP+0.0511%1h0.2404−0.074%$83915xas long as short
Hyperliquid EIGENlong+0.0675%1h0.2406long leg$4.8M$1.5M5x