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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h −0.031%
Price spread now: Coinbase International against BloFin+0.329%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$810.810% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.496%−$50 on $10k
Price spread, last 3 days (all we have)−0.297%−$30 · spread now +0.329%, 7d avg +0.044%
Together, before fees−0.793%−$79 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.284% dearer against BloFin than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.044%. Mind the row above: over the last 7 days funding on this pair cost −0.496%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EIGEN-USDT0.24340.0046pay 0.0023% / 4h3h 16m$354K$128K75x
ShortCoinbase International EIGEN-PERP-INTX0.24420.0144get 0.0018% / 1h16m 54s$54K$176K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against BloFin. 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
$20.48
Price spread: +0.329% → +0.044%
$28.42
Slippage, 4 orders
−$58.99
Fee BloFin: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$32.08
Costs to cover
0.810%
Break-even
18.0 days
Slippage from BloFin: live order book, 53 min ago; Coinbase International: live order book, 56 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 BloFin live order book, 53 min ago6.19 bp15.0 bp −$1529.1 bp −$291doesn't fitdoesn't fit
Sell Coinbase International live order book, 56 min ago9.93 bp25.8 bp −$26doesn't fitdoesn'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
Kraken Futures PF_EIGENUSD−0.0097%1h0.2446+0.505%$175K$73K20xas long as short
01 Exchange EIGENUSD−0.0080%1h0.2442+0.329%$828$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2441+0.279%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2442+0.312%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+0.164%$6$65.5xas long as short
BloFin EIGEN-USDTlong+0.0046%4h0.2434long leg$354K$128K75x
Lighter EIGEN+0.0096%1h0.2449+0.608%$557K$449K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2442+0.349%$32K$18K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2445+0.456%$48K$37K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2446+0.486%$8.4M$20.1M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EIGENUSDT+0.0100%4h0.2445+0.456%$9.7M$7.6M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2444+0.411%$1.7M$4.9M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2441+0.288%$758K$588K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2446+0.493%$8.7M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2445+0.452%$2.4M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2445+0.452%$1.9M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2442+0.329%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2442+0.312%$206K$121Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2442+0.329%$190K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2442+0.329%$36K$238K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2442+0.329%$580$3K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2445+0.453%$93K$640K10xas long as short
Coinbase International EIGEN-PERP-INTXshort+0.0144%1h0.2442+0.329%$54K$176K50x
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2441+0.276%$2K100xas long as short
Hyperliquid EIGEN+0.0231%1h0.2452+0.740%$4.9M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0515%1h0.2441+0.280%$85215xas long as short