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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0034%/8h= +3.7% APRpaid last 24h +0.045%
Price spread now: BloFin against ApeX Omni+0.123%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$890.885% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.446%+$45 on $10k
Price spread, last 3 days (all we have)−0.123%−$12 · spread now +0.123%, 7d avg −0.046%
Together, before fees+0.324%+$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.169% dearer against ApeX Omni than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni EIGENUSDT0.24430.0100pay 0.0013% / 1h14m 32s$36K$238K50x
ShortBloFin EIGEN-USDT0.24460.0134get 0.0067% / 4h3h 14m$356K$128K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against ApeX Omni. 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
$7.09
Price spread: +0.123% → −0.046%
$16.89
Slippage, 4 orders
−$66.52
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$64.54
Costs to cover
0.885%
Break-even
70.7 days
Slippage from ApeX Omni: live order book, 57 min ago; BloFin: live order book, 56 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 ApeX Omni live order book, 57 min ago12.42 bp26.8 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 56 min ago6.19 bp19.1 bp −$1926.9 bp −$269105.2 bp −$10.5Kdoesn'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
Kraken Futures PF_EIGENUSD−0.0096%1h0.2461+0.754%$176K$74K20xas long as short
01 Exchange EIGENUSD−0.0080%1h0.2456+0.532%$833$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2458+0.597%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2458+0.610%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438−0.205%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2465+0.888%$561K$449K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2456+0.553%$32K$18K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2457+0.576%$48K$37K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2457+0.580%$8.4M$20.1M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2457+0.581%$9.8M$7.6M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2455+0.491%$1.7M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2455+0.491%$762K$588K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2457+0.573%$8.7M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2456+0.532%$2.4M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2458+0.614%$1.9M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2458+0.614%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2446+0.128%$203K$124Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2440−0.123%$192K$2.2M10xas long as short
ApeX Omni EIGENUSDTlong+0.0100%1h0.2443long leg$36K$238K50x
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2457+0.573%$584$3K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2456+0.544%$93K$640K10xas long as short
BloFin EIGEN-USDTshort+0.0134%4h0.2446+0.123%$356K$128K75x
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2449+0.258%$54K$176K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2457+0.578%$2K100xas long as short
Hyperliquid EIGEN+0.0243%1h0.2465+0.901%$4.9M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0515%1h0.2457+0.588%$85815xas long as short