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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.020%
Price spread now: Extended against Bybit+0.041%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$940.939% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.148%+$15 on $10k
Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.041%, 7d avg +0.009%
Together, before fees+0.141%+ Points / potential airdropExtended: Active · farm board+$14 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: Extended is 0.032% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EIGENUSDT0.24060.0100pay 0.0050% / 4h1h 40m$9.6M$7.9M50x
ShortExtended EIGEN-USD0.24070.0104get 0.0013% / 1h40m 19s$91K$496K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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
$0.84
Price spread: +0.041% → +0.009%
$3.17
Slippage, 4 orders
−$77.86
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$89.85
Costs to cover
0.939%
Break-even
755.7 days
Slippage from Bybit: live order book, 3 min ago; Extended: live order book, 42 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 Bybit live order book, 3 min ago2.07 bp19.0 bp −$1946.1 bp −$461doesn't fitdoesn't fit
Sell Extended live order book, 42 min ago8.29 bp28.1 bp −$28165.3 bp −$1,653doesn'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
01 Exchange EIGENUSD−0.0112%1h0.2405−0.042%$816$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2407+0.031%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2407+0.029%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.330%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0085%4h0.2407+0.042%$346K$138K75xas long as short
Lighter EIGEN+0.0096%1h0.2406+0.004%$541K$431K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2404−0.062%$28K$17K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2411+0.208%$4.7M$1.5M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2407+0.029%$44K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2407+0.042%$8.2M$20.1M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EIGENUSDTlong+0.0100%4h0.2406long leg$9.6M$7.9M50x
OKX EIGEN-USDT-SWAP+0.0100%4h0.24060.000%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2405−0.042%$721K$636K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.24060.000%$8.7M$2.2M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.24060.000%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2405−0.042%$1.9M$1.3M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2407+0.042%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2406+0.009%$200K$152Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2400−0.248%$191K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2400−0.249%$35K$236K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.24060.000%$2K$1K10xas long as short
Extended EIGEN-USDshort+0.0104%1h0.2407+0.041%$91K$496K10x
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2407+0.039%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0200%1h0.2407+0.029%$42K$161K50xas long as short
Reya EIGENRUSDPERP+0.0513%1h0.2408+0.063%$84015xas long as short
Kraken Futures PF_EIGENUSD+0.0681%1h0.2409+0.125%$174K$68K20xas long as short