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

EIGEN

all EIGEN markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0261%/8h= −28.6% APRnext payment $1.31 per $10,000 · paid last 24h −0.027%
Price spread now: Bybit against BingX−0.025%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$287as in the Funding arb table
Net, price: spread back to 7d avg − costs−$269as in the Price arb table
costs, in and out, $10k−$2702.705% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.167%−$17 on $10k
Price spread, last 7 days+0.009%+$1 · spread now −0.025%, 7d avg −0.039%
Together, before fees−0.158%−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.167% in total (about -8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.31 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX EIGEN-USDC0.23760.0100pay 0.0050% / 4h1h 08m$6.5M
ShortBybit EIGENUSDT0.2375−0.0161pay 0.0081% / 4h1h 08m$9.1M$7.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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
−$54.82
Price spread: −0.025% → −0.039%
$1.39
Slippage, 4 orders
−$249.45
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$323.88
Costs to cover
2.705%
Break-even
never at this rate
Slippage from BingX: live order book, 12 min ago; Bybit: live order book, 4 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 BingX live order book, 12 min ago4.20 bp110.1 bp −$110doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago2.11 bp24.3 bp −$2461.7 bp −$617doesn'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
Bybit EIGENUSDTshort−0.0161%4h0.2375−0.025%$9.1M$7.3M50x
Kraken Futures PF_EIGENUSD−0.0027%1h0.2378+0.091%$160K$115K20xas long as short
dYdX EIGEN-USD0.0000%1h0.2377+0.024%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL+0.0002%1h0.2377+0.063%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+2.609%$6$65.5xas long as short
01 Exchange EIGENUSD+0.0064%1h0.2380+0.168%$807$5K10xas long as short
Lighter EIGEN+0.0096%1h0.2381+0.194%$535K$503K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2376+0.021%$37K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2381+0.210%$4.5M$1.7M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2377+0.046%$44K$26K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EIGENUSDT+0.0100%4h0.23760.000%$8.1M$19.9M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2375−0.042%$1.6M$4.7M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2375−0.042%$714K$579K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.23760.000%$8.1M$2.4M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.23760.000%$2.4M$9.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2374−0.084%$1.8M$1.3M75xas long as short
BingX EIGEN-USDClong+0.0100%4h0.2376long leg$6.5M
Variational Omni EIGEN+0.0100%4h0.2376+0.003%$208K$138Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2376+0.017%$187K$2.6M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2377+0.042%$35K$232K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2377+0.042%$1K$4K10xas long as short
BloFin EIGEN-USDT+0.0103%4h0.2379+0.126%$347K$113K75xas long as short
Extended EIGEN-USD+0.0104%1h0.2375−0.035%$88K$698K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2376+0.001%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0448%1h0.2379+0.139%$38K$268K50xas long as short
Reya EIGENRUSDPERP+0.0521%1h0.2377+0.058%$83015xas long as short