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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%
Price spread now: OKX against Bybit−0.122%7-day average +0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$820.821% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.140%+$14 on $10k
Price spread, last 7 days+0.114%+$11 · spread now −0.122%, 7d avg +0.039%
Together, before fees+0.254%+$25 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: OKX is 0.161% cheaper against Bybit than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EIGENUSDT0.24510.0100pay 0.0050% / 4h3h 15m$9.8M$7.6M50x
ShortOKX EIGEN-USDT-SWAP0.24480.0100get 0.0050% / 4h3h 15m$1.7M$5.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
Price spread: −0.122% → +0.039%
−$16.09
Slippage, 4 orders
−$61.14
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$98.24
Costs to cover
0.821%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; OKX: 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 Bybit live order book, 2 min ago2.05 bp22.1 bp −$2252.0 bp −$520doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago2.05 bp16.4 bp −$1664.1 bp −$641doesn'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−0.0096%1h0.2455+0.159%$176K$73K20xas long as short
01 Exchange EIGENUSD−0.0080%1h0.2447−0.163%$830$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2446−0.220%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2450−0.057%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438−0.530%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0046%4h0.2434−0.694%$354K$128K75xas long as short
Lighter EIGEN+0.0096%1h0.2458+0.294%$559K$449K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2449−0.102%$32K$18K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2451−0.017%$48K$37K5xas long as short
Binance EIGENUSDT+0.0100%4h0.24510.000%$8.4M$20.1M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EIGENUSDTlong+0.0100%4h0.2451long leg$9.8M$7.6M50x
OKX EIGEN-USDT-SWAPshort+0.0100%4h0.2448−0.122%$1.7M$5.0M20x
Gate EIGEN_USDT+0.0100%4h0.2449−0.082%$761K$588K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.24510.000%$8.7M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2450−0.041%$2.4M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2450−0.041%$1.9M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2450−0.041%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2446−0.199%$203K$124Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2442−0.367%$190K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2442−0.367%$36K$238K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2450−0.041%$582$3K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2451−0.019%$93K$640K10xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2449−0.069%$54K$176K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2450−0.046%$2K100xas long as short
Hyperliquid EIGEN+0.0239%1h0.2459+0.326%$4.9M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0515%1h0.2447−0.160%$85415xas long as short