In prayer and ritual, time and eternity intersect. The theology of time is a lens through which such comparable texts may be examined. Time is also a means for reflecting on hermeneutic method in studying prayer texts. This article explores time and eternity in both the prayer texts and the study of the prayer texts of the Psalms and the Eucharist, with reference to the work of Eliade, Levine, and Begbie. The two prayer texts, and the three theologians, thus contribute much to the interpretation of one another when read together.