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−0.0100%/8h= −10.9% APRpaid last 24h −0.036%
Price spread now: Deribit against Binance−0.050%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.050% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EIGENUSDT0.23980.0100pay 0.0050% / 4h2h 57m$8.2M$20.3M75x
ShortDeribit EIGEN_USDC-PERPETUAL0.23970get 0.0000% / 1h57m 06s$8610x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Binance. 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
−$21
Price spread: −0.050% → 0.000%
−$5
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$43
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 14 min ago; Deribit: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 14 min ago2.08 bp12.1 bp −$1246.9 bp −$469931.7 bp −$93.2Kdoesn't fit
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bybit EIGENUSDT−0.0168%4h0.23980.000%$9.6M$8.1M50xas long as short
01 Exchange EIGENUSD−0.0168%1h0.2395−0.125%$812$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2398−0.001%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUALshort0.0000%1h0.2397−0.050%$8610x
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.668%$6$65.5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2397−0.042%$29K$16K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2398−0.008%$44K$24K5xas long as short
Binance EIGENUSDTlong+0.0100%4h0.2398long leg$8.2M$20.3M75x
OKX EIGEN-USDT-SWAP+0.0100%4h0.2397−0.042%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2394−0.167%$717K$671K50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.2396−0.083%$8.4M$2.2M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2397−0.042%$2.3M$10.7M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2399+0.042%$1.8M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2397−0.042%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2405+0.273%$201K$152Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2402+0.168%$187K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2403+0.209%$36K$234K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2396−0.083%$2K$2K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2399+0.052%$91K$496K10xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2399+0.029%$42K$160K50xas long as short
BloFin EIGEN-USDT+0.0149%4h0.2397−0.042%$352K$136K75xas long as short
Lighter EIGEN+0.0152%1h0.2403+0.204%$578K$392K5xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2396−0.092%$2K100xas long as short
Kraken Futures PF_EIGENUSD+0.0312%1h0.2401+0.105%$174K$67K20xas long as short
Reya EIGENRUSDPERP+0.0511%1h0.2396−0.064%$83715xas long as short
Hyperliquid EIGEN+0.0599%1h0.2405+0.292%$4.8M$1.5M5xas long as short