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+0.0033%/8h= +3.6% APRnext payment +$0.17 per $10,000 · paid last 24h −0.078%
Price spread now: GRVT against BloFin+0.078%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$700.702% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.476%−$48 on $10k
Price spread, last 3 days (all we have)−0.148%−$15 · spread now +0.078%, 7d avg +0.008%
Together, before fees−0.624%+ Points / potential airdropGRVT: Active · farm board−$62 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GRVT is 0.069% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.008%. Mind the row above: over the last 7 days funding on this pair cost −0.476%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EIGEN-USDT0.23920.0067pay 0.0033% / 4h2h 36m$349K$135K75x
ShortGRVT EIGEN_USDT_Perp0.23940.0100get 0.0050% / 4h2h 36m$185K$2.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$6.98
Price spread: +0.078% → +0.008%
$6.93
Slippage, 4 orders
−$49.2
Fee BloFin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$56.29
Costs to cover
0.702%
Break-even
63.5 days
Slippage from BloFin: live order book, 48 min ago; GRVT: live order book, 2 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, 48 min ago2.06 bp15.9 bp −$1636.8 bp −$368254.0 bp −$25.4Kdoesn't fit
Sell GRVT live order book, 2 min ago2.09 bp20.7 bp −$2177.8 bp −$778doesn'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
dYdX EIGEN-USD0.0000%1h0.2402+0.435%$3K5xas long as short
01 Exchange EIGENUSD0.0000%1h0.2400+0.334%$814$5K10xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2403+0.477%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.923%$6$65.5xas long as short
BloFin EIGEN-USDTlong+0.0067%4h0.2392long leg$349K$135K75x
Nado EIGEN-PERP+0.0100%1h0.2402+0.397%$29K$16K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2402+0.402%$44K$24K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2400+0.334%$8.2M$20.1M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2401+0.393%$9.6M$8.0M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2400+0.334%$1.6M$5.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.2401+0.376%$718K$672K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2400+0.334%$8.4M$2.2M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2401+0.376%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2399+0.293%$1.9M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2401+0.376%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2394+0.084%$201K$152Kas long as short
GRVT EIGEN_USDT_Perpshort+0.0100%4h0.2394+0.078%$185K$2.1M10x
ApeX Omni EIGENUSDT+0.0100%1h0.2394+0.084%$35K$235K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2401+0.376%$2K$2K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2401+0.366%$91K$496K10xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2403+0.472%$42K$160K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2401+0.388%$2K100xas long as short
Kraken Futures PF_EIGENUSD+0.0311%1h0.2407+0.611%$173K$68K20xas long as short
Reya EIGENRUSDPERP+0.0512%1h0.2401+0.370%$83815xas long as short
Hyperliquid EIGEN+0.0609%1h0.2407+0.627%$4.8M$1.5M5xas long as short
Lighter EIGEN+0.0656%1h0.2404+0.518%$575K$395K5xas long as short