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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against ApeX Omni−0.123%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1281.276% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 3 days (all we have)+0.011%+$1 · spread now −0.123%, 7d avg −0.036%
Together, before fees−0.043%−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.087% cheaper against ApeX Omni than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni EIGENUSDT0.24350.0100pay 0.0013% / 1h58m 54s$36K$237K50x
ShortKuCoin EIGENUSDTM0.24320.0100get 0.0050% / 4h3h 58m$2.4M$10.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: −0.123% → −0.036%
−$8.68
Slippage, 4 orders
−$105.6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$136.28
Costs to cover
1.276%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 12 min ago; KuCoin: live order book, 10 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, 12 min ago12.42 bp26.8 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago2.06 bp41.2 bp −$41246.0 bp −$2,460doesn'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−0.0640%1h0.2431−0.164%$824$5K10xas long as short
Kraken Futures PF_EIGENUSD−0.0097%1h0.2433−0.077%$176K$75K20xas long as short
dYdX EIGEN-USD0.0000%1h0.2437+0.068%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2431−0.164%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+0.123%$6$65.5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2432−0.103%$32K$18K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2437+0.082%$4.8M$1.6M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2432−0.129%$48K$34K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2429−0.246%$8.3M$20.4M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2430−0.205%$9.7M$7.7M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2430−0.205%$1.7M$5.1M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2431−0.164%$734K$562K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2431−0.164%$8.6M$2.3M125xas long as short
KuCoin EIGENUSDTMshort+0.0100%4h0.2432−0.123%$2.4M$10.6M50x
Bitget EIGENUSDT+0.0100%4h0.2433−0.082%$1.9M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2432−0.123%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2432−0.116%$202K$125Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2435−0.001%$189K$2.2M10xas long as short
ApeX Omni EIGENUSDTlong+0.0100%1h0.2435long leg$36K$237K50x
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2430−0.205%$577$3K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2431−0.164%$92K$491K10xas long as short
BloFin EIGEN-USDT+0.0121%4h0.24350.000%$352K$134K75xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2430−0.205%$55K$174K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2431−0.161%$2K100xas long as short
Lighter EIGEN+0.0208%1h0.2438+0.107%$555K$449K5xas long as short
Reya EIGENRUSDPERP+0.0514%1h0.2431−0.174%$84915xas long as short