Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bitget0.000%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$117as in the Funding arb table

Net, price: spread back to 7d avg − costs−$116as in the Price arb table

costs, in and out, $10k−$1121.118% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.054%−$5 on $10k

Price spread, last 7 days+0.117%+$12 · spread now 0.000%, 7d avg +0.041%

Together, before fees+0.063%+$6 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: KuCoin is 0.041% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget EIGENUSDT	0.2359	0.0100	pay 0.0050% / 4h	58m 45s	$1.8M	$1.3M	75x
Short	KuCoin EIGENUSDTM	0.2359	0.0100	get 0.0050% / 4h	58m 45s	$2.4M	$9.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.041%: −$4.13
Slippage, 4 orders: −$87.81
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$115.94
Costs to cover: 1.118%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 10 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, 3 min ago	4.22 bp	13.4 bp −$13	57.4 bp −$574	doesn't fit	doesn't fit
Sell KuCoin live order book, 10 min ago	2.11 bp	26.9 bp −$27	224.3 bp −$2,243	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
Bybit EIGENUSDT	−0.0161%	4h	0.2358	−0.042%	$9.0M	$7.3M	50x	as long as short
Kraken Futures PF_EIGENUSD	−0.0104%	1h	0.2368	+0.392%	$158K	$116K	20x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2359	−0.019%	$3K	—	5x	as long as short
01 Exchange EIGENUSD	0.0000%	1h	0.2369	+0.424%	$803	$5K	10x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2369	+0.407%	—	$41	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+3.349%	$6	$6	5.5x	as long as short
BloFin EIGEN-USDT	+0.0048%	4h	0.2370	+0.466%	$347K	$113K	75x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2363	+0.182%	$531K	$500K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2370	+0.487%	$36K	$20K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2360	+0.042%	$44K	$26K	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance EIGENUSDT	+0.0100%	4h	0.2359	−0.015%	$8.0M	$20.0M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2358	−0.042%	$1.6M	$4.7M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2358	−0.042%	$699K	$596K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2360	+0.042%	$8.0M	$2.3M	125x	as long as short
KuCoin EIGENUSDTMshort	+0.0100%	4h	0.2359	0.000%	$2.4M	$9.8M	50x
Bitget EIGENUSDTlong	+0.0100%	4h	0.2359	long leg	$1.8M	$1.3M	75x
BingX EIGEN-USDT	+0.0100%	4h	0.2358	−0.042%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2368	+0.385%	$208K	$138K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2372	+0.551%	$189K	$2.7M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2371	+0.509%	$35K	$232K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2369	+0.424%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2359	−0.004%	$87K	$698K	10x	as long as short
Hyperliquid EIGEN	+0.0118%	1h	0.2364	+0.212%	$4.5M	$1.7M	5x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2369	+0.409%	$2K	—	100x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0488%	1h	0.2368	+0.386%	$38K	$268K	50x	as long as short
Reya EIGENRUSDPERP	+0.0521%	1h	0.2370	+0.448%	$827	—	15x	as long as short