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−0.0067%/8h= −7.3% APRpaid last 24h +0.042%
Price spread now: Injective against Binance+1.158%97s7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Injective is 1.158% dearer against Binance than usual: you sell high and buy low (spread +1.158% now, against zero (this spread has no 7-day history yet)): +$116 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 58 days. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EIGENUSDT0.24100.0100pay 0.0050% / 4h2h 15m$8.2M$20.1M75x
ShortInjective EIGEN/USDC PERP0.24380.0033get 0.0004% / 1h15m 43s$6$65.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14
Price spread: +1.158% → 0.000%
$115.75
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$91.73
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Binance: live order book, 10 min ago; Injective: 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, 10 min ago2.07 bp14.2 bp −$1442.3 bp −$4231021.7 bp −$102.2Kdoesn't fit
Sell Injective no order-book sample
Injective: 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
Deribit EIGEN_USDC-PERPETUAL−0.0123%1h0.2409−0.050%$8610xas long as short
dYdX EIGEN-USD0.0000%1h0.2410−0.009%$3K5xas long as short
01 Exchange EIGENUSD0.0000%1h0.2410−0.004%$817$5K10xas long as short
Injective EIGEN/USDC PERPshort+0.0033%1h0.2438+1.158%$6$65.5x
BloFin EIGEN-USDT+0.0086%4h0.2410−0.004%$350K$136K75xas long as short
Nado EIGEN-PERP+0.0100%1h0.2409−0.025%$29K$16K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2411+0.049%$44K$26K5xas long as short
Binance EIGENUSDTlong+0.0100%4h0.2410long leg$8.2M$20.1M75x
Bybit EIGENUSDT+0.0100%4h0.2410+0.004%$9.6M$8.0M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2410−0.004%$1.6M$5.1M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.2411+0.037%$721K$672K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2410−0.004%$8.5M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2411+0.037%$2.4M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2412+0.079%$1.9M$1.3M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2411+0.037%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2416+0.260%$203K$152Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2411+0.037%$188K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2416+0.245%$36K$235K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2409−0.046%$2K$2K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2410−0.012%$91K$496K10xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2414+0.170%$41K$161K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2409−0.036%$2K100xas long as short
Lighter EIGEN+0.0224%1h0.2415+0.191%$563K$415K5xas long as short
Kraken Futures PF_EIGENUSD+0.0310%1h0.2416+0.264%$174K$68K20xas long as short
Hyperliquid EIGEN+0.0399%1h0.2416+0.245%$4.8M$1.5M5xas long as short
Reya EIGENRUSDPERP+0.0512%1h0.2409−0.060%$84115xas long as short