Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: dYdX against Binance+0.083%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. dYdX is 0.083% dearer against Binance than usual: you sell high and buy low (spread +0.083% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance EIGENUSDT	0.2393	0.0100	pay 0.0050% / 4h	2h 46m	$8.2M	$20.1M	75x
Short	dYdX EIGEN-USD	0.2395	0	get 0.0000% / 1h	46m 11s	$3K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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

Position, each leg$Hold fordaysFee BinancebpFee dYdXbpOrdersPrice spread, now +0.083%Rate

Funding earned: −$21
Price spread: +0.083% → 0.000%: $8.35
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$32.65
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 10 min ago; dYdX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 10 min ago	2.09 bp	11.8 bp −$12	32.0 bp −$320	1128.6 bp −$112.9K	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange EIGENUSD	−0.0024%	1h	0.2393	0.000%	$811	$5K	10x	as long as short
dYdX EIGEN-USDshort	0.0000%	1h	0.2395	+0.083%	$3K	—	5x
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2394	+0.021%	—	$86	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+1.880%	$6	$6	5.5x	as long as short
Bybit EIGENUSDT	+0.0056%	4h	0.2393	−0.004%	$9.6M	$8.0M	50x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2394	+0.042%	$29K	$16K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2394	+0.055%	$44K	$24K	5x	as long as short
Binance EIGENUSDTlong	+0.0100%	4h	0.2393	long leg	$8.2M	$20.1M	75x
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2392	−0.042%	$1.6M	$5.0M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2391	−0.084%	$715K	$672K	50x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC EIGEN_USDT	+0.0100%	4h	0.2393	0.000%	$8.4M	$2.2M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2394	+0.042%	$2.3M	$10.8M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2394	+0.042%	$1.9M	$1.4M	75x	as long as short
BingX EIGEN-USDC	+0.0100%	4h	0.2395	+0.084%	—	$6.5M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2391	−0.083%	$201K	$152K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2392	−0.040%	$187K	$2.1M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2390	−0.125%	$36K	$235K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2393	0.000%	$2K	$2K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2393	−0.012%	$90K	$496K	10x	as long as short
BloFin EIGEN-USDT	+0.0121%	4h	0.2391	−0.084%	$350K	$135K	75x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0144%	1h	0.2399	+0.230%	$42K	$159K	50x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0194% / S −0.0568%	1h	0.2393	+0.014%	$2K	—	100x	as long as short
Kraken Futures PF_EIGENUSD	+0.0312%	1h	0.2399	+0.243%	$174K	$67K	20x	as long as short
Reya EIGENRUSDPERP	+0.0511%	1h	0.2393	+0.016%	$835	—	15x	as long as short
Lighter EIGEN	+0.0672%	1h	0.2399	+0.247%	$577K	$392K	5x	as long as short
Hyperliquid EIGEN	+0.0791%	1h	0.2400	+0.293%	$4.8M	$1.5M	5x	as long as short