Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h −0.016%

Price spread now: Injective against BloFin+0.495%7-day average — · you sell dearer than you buy

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

Long on BloFin Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 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. Injective is 0.495% dearer against BloFin than usual: you sell high and buy low (spread +0.495% now, against zero (this spread has no 7-day history yet)): +$49 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 49 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin EIGEN-USDT	0.2426	0.0067	pay 0.0034% / 4h	6m 47s	$352K	$133K	75x
Short	Injective EIGEN/USDC PERP	0.2438	0.0033	get 0.0004% / 1h	6m 47s	$6	$6	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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

Position, each leg$Hold fordaysFee BloFinbpFee InjectivebpOrdersPrice spread, now +0.495%Rate

Funding earned: −$7.12
Price spread: +0.495% → 0.000%: $49.46
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $30.32
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: BloFin: live order book, 3 min ago; Injective: 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 BloFin live order book, 3 min ago	6.19 bp	15.0 bp −$15	29.1 bp −$291	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	−0.0128%	1h	0.2419	−0.289%	$820	$5K	10x	as long as short
Deribit EIGEN_USDC-PERPETUAL	−0.0080%	1h	0.2422	−0.177%	—	$86	10x	as long as short
Kraken Futures PF_EIGENUSD	−0.0016%	1h	0.2425	−0.056%	$175K	$69K	20x	as long as short
Bybit EIGENUSDT	−0.0015%	4h	0.2422	−0.185%	$9.6M	$7.7M	50x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2424	−0.098%	$3K	—	5x	as long as short
Injective EIGEN/USDC PERPshort	+0.0033%	1h	0.2438	+0.495%	$6	$6	5.5x
BloFin EIGEN-USDTlong	+0.0067%	4h	0.2426	long leg	$352K	$133K	75x
Nado EIGEN-PERP	+0.0100%	1h	0.2421	−0.206%	$32K	$18K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2424	−0.085%	$46K	$30K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2421	−0.202%	$8.2M	$20.1M	75x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2419	−0.289%	$1.6M	$5.0M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2422	−0.165%	$732K	$644K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2421	−0.206%	$8.6M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2424	−0.082%	$2.4M	$10.5M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2420	−0.247%	$1.8M	$1.4M	75x	as long as short
BingX EIGEN-USDC	+0.0100%	4h	0.2421	−0.206%	—	$6.5M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2415	−0.447%	$201K	$125K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2425	−0.040%	$189K	$2.2M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2424	−0.082%	$36K	$237K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2421	−0.206%	$2K	$1K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2420	−0.228%	$92K	$496K	10x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0160%	1h	0.2420	−0.260%	$42K	$158K	50x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2422	−0.165%	$2K	—	100x	as long as short
Hyperliquid EIGEN	+0.0274%	1h	0.2427	+0.041%	$4.8M	$1.6M	5x	as long as short
Lighter EIGEN	+0.0408%	1h	0.2425	−0.029%	$552K	$449K	5x	as long as short
Reya EIGENRUSDPERP	+0.0514%	1h	0.2421	−0.225%	$845	—	15x	as long as short