Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against Bitget+0.167%93s7-day average +0.086% · you sell dearer than you buy

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1011.006% of the position

Long on Bitget Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 3 days (all we have)+0.149%+$15 · spread now +0.167%, 7d avg +0.086%

Together, before fees+0.145%+$15 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: ApeX Omni is 0.081% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.086%. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget EIGENUSDT	0.2393	0.0100	pay 0.0050% / 4h	2h 39m	$1.9M	$1.4M	75x
Short	ApeX Omni EIGENUSDT	0.2397	0.0100	get 0.0013% / 1h	39m 57s	$35K	$235K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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 BitgetbpFee ApeX OmnibpOrdersPrice spread, now +0.167%Rate

Funding earned: $0
Price spread: +0.167% → +0.086%: $8.08
Slippage, 4 orders: −$78.57
Fee Bitget: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$92.49
Costs to cover: 1.006%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; ApeX Omni: live order book, 46 min ago.

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 Bitget live order book, 2 min ago	4.18 bp	26.1 bp −$26	60.1 bp −$601	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 46 min ago	12.31 bp	28.7 bp −$29	doesn't fit	doesn't fit	doesn't fit

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
Deribit EIGEN_USDC-PERPETUAL	−0.0084%	1h	0.2394	+0.063%	—	$86	10x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2395	+0.084%	$3K	—	5x	as long as short
01 Exchange EIGENUSD	0.0000%	1h	0.2396	+0.125%	$812	$5K	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+1.880%	$6	$6	5.5x	as long as short
BloFin EIGEN-USDT	+0.0065%	4h	0.2394	+0.042%	$350K	$136K	75x	as long as short
Bybit EIGENUSDT	+0.0083%	4h	0.2394	+0.046%	$9.6M	$8.0M	50x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2397	+0.167%	$29K	$16K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2396	+0.106%	$44K	$24K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2394	+0.052%	$8.2M	$20.1M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2395	+0.084%	$1.6M	$5.0M	20x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate EIGEN_USDT	+0.0100%	4h	0.2393	0.000%	$716K	$672K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2395	+0.084%	$8.4M	$2.2M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2396	+0.125%	$2.3M	$10.8M	50x	as long as short
Bitget EIGENUSDTlong	+0.0100%	4h	0.2393	long leg	$1.9M	$1.4M	75x
BingX EIGEN-USDC	+0.0100%	4h	0.2394	+0.042%	—	$6.5M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2394	+0.042%	$201K	$152K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2396	+0.114%	$187K	$2.1M	10x	as long as short
ApeX Omni EIGENUSDTshort	+0.0100%	1h	0.2397	+0.167%	$35K	$235K	50x
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2394	+0.042%	$2K	$2K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2395	+0.095%	$90K	$496K	10x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0144%	1h	0.2396	+0.138%	$42K	$159K	50x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0194% / S −0.0568%	1h	0.2394	+0.058%	$2K	—	100x	as long as short
Kraken Futures PF_EIGENUSD	+0.0312%	1h	0.2398	+0.213%	$173K	$68K	20x	as long as short
Reya EIGENRUSDPERP	+0.0512%	1h	0.2396	+0.116%	$836	—	15x	as long as short
Hyperliquid EIGEN	+0.0655%	1h	0.2400	+0.293%	$4.8M	$1.5M	5x	as long as short
Lighter EIGEN	+0.0680%	1h	0.2401	+0.326%	$578K	$392K	5x	as long as short