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−0.0044%/8h= −4.8% APRpaid last 24h −0.013%
Price spread now: BingX against Coinbase International−0.049%53s7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$870.871% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.054%+$5 on $10k
Price spread, last 3 days (all we have)+0.042%+$4 · spread now −0.049%, 7d avg −0.045%
Together, before fees+0.095%+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.054%, so the current rate has only just turned against you. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International EIGEN-PERP-INTX0.24420.0144pay 0.0018% / 1h19m 20s$54K$176K50x
ShortBingX EIGEN-USDT0.24410.0100get 0.0050% / 4h3h 19m$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Coinbase International. 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
−$9.24
Price spread: −0.049% → −0.045%
−$0.37
Slippage, 4 orders
−$67.07
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$96.68
Costs to cover
0.871%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 53 min ago; BingX: live order book, 11 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 Coinbase International live order book, 53 min ago9.93 bp21.1 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 11 min ago6.15 bp20.3 bp −$2045.7 bp −$457231.1 bp −$23.1K771.1 bp −$385.6K

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%1h0.2448+0.235%$176K$74K20xas long as short
01 Exchange EIGENUSD−0.0088%1h0.2442−0.008%$828$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2444+0.054%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2444+0.090%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438−0.172%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0088%4h0.2444+0.074%$356K$132K75xas long as short
Lighter EIGEN+0.0096%1h0.2450+0.336%$558K$449K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2443+0.053%$32K$18K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2443+0.051%$48K$37K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2443+0.033%$8.4M$20.1M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EIGENUSDT+0.0100%4h0.2443+0.033%$9.7M$7.5M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2440−0.090%$1.7M$4.9M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2442−0.008%$759K$587K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2443+0.033%$8.7M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2441−0.049%$2.4M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2442−0.008%$1.9M$1.4M75xas long as short
BingX EIGEN-USDTshort+0.0100%4h0.2441−0.049%$1.6M
Variational Omni EIGEN+0.0100%4h0.2442−0.025%$206K$121Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2442−0.008%$190K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2442−0.008%$36K$238K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2442−0.008%$580$3K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2442−0.017%$93K$644K10xas long as short
Coinbase International EIGEN-PERP-INTXlong+0.0144%1h0.2442long leg$54K$176K50x
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2444+0.064%$2K100xas long as short
Hyperliquid EIGEN+0.0201%1h0.2450+0.319%$4.9M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0515%1h0.2444+0.057%$85315xas long as short