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 Bitget+0.251%7-day average — · you sell dearer than you buy

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

Long on Bitget 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 0.251% dearer against Bitget than usual: you sell high and buy low (spread +0.251% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget EIGENUSDT	0.2397	0.0100	pay 0.0050% / 4h	2h 58m	$1.8M	$1.4M	75x
Short	dYdX EIGEN-USD	0.2403	0	get 0.0000% / 1h	58m 07s	$3K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.251%Rate

Funding earned: −$21
Price spread: +0.251% → 0.000%: $25.13
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$17.87
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: Bitget: live order book, 4 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 Bitget live order book, 4 min ago	6.24 bp	26.9 bp −$27	66.7 bp −$667	doesn't fit	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	−0.0176%	1h	0.2400	+0.125%	$814	$5K	10x	as long as short
Bybit EIGENUSDT	−0.0160%	4h	0.2396	−0.042%	$9.6M	$8.1M	50x	as long as short
dYdX EIGEN-USDshort	0.0000%	1h	0.2403	+0.251%	$3K	—	5x
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2397	+0.021%	—	$86	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+1.710%	$6	$6	5.5x	as long as short
BloFin EIGEN-USDT	+0.0042%	4h	0.2399	+0.083%	$352K	$136K	75x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2401	+0.167%	$29K	$16K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2399	+0.090%	$44K	$24K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2396	−0.042%	$8.2M	$20.3M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2395	−0.083%	$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	0.2396	−0.042%	$717K	$671K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2396	−0.042%	$8.4M	$2.2M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2399	+0.083%	$2.3M	$10.7M	50x	as long as short
Bitget EIGENUSDTlong	+0.0100%	4h	0.2397	long leg	$1.8M	$1.4M	75x
BingX EIGEN-USDC	+0.0100%	4h	0.2396	−0.042%	—	$6.5M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2405	+0.314%	$201K	$152K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2405	+0.350%	$189K	$2.1M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2407	+0.417%	$36K	$234K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2397	0.000%	$2K	$2K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2396	−0.051%	$91K	$496K	10x	as long as short
Lighter EIGEN	+0.0128%	1h	0.2405	+0.321%	$579K	$392K	5x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0144%	1h	0.2399	+0.071%	$42K	$159K	50x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0194% / S −0.0568%	1h	0.2400	+0.121%	$2K	—	100x	as long as short
Kraken Futures PF_EIGENUSD	+0.0312%	1h	0.2401	+0.158%	$174K	$67K	20x	as long as short
Reya EIGENRUSDPERP	+0.0511%	1h	0.2400	+0.146%	$838	—	15x	as long as short
Hyperliquid EIGEN	+0.0531%	1h	0.2403	+0.250%	$4.8M	$1.5M	5x	as long as short