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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0192%/8h= −21.1% APRpaid last 24h +0.037%
Price spread now: Binance against Deribit−0.064%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Binance is 0.064% cheaper against Deribit than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit EIGEN_USDC-PERPETUAL0.23990.0292pay 0.0037% / 1h4m 17s$4110x
ShortBinance EIGENUSDT0.23970.0100get 0.0050% / 4h4m 17s$8.3M$20.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Deribit. 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
−$40.38
Price spread: −0.064% → 0.000%
−$6.36
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Binance: 5 bp × 2 orders
−$10
Net
−$63.73
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; Binance: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Binance live order book, 7 min ago2.08 bp12.5 bp −$1250.1 bp −$501473.0 bp −$47.3Kdoesn't fit
Deribit: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX EIGEN-USD0.0000%1h0.2393−0.238%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.643%$6$65.5xas long as short
01 Exchange EIGENUSD+0.0064%1h0.2396−0.108%$812$5K10xas long as short
BloFin EIGEN-USDT+0.0071%4h0.2395−0.150%$354K$113K75xas long as short
Lighter EIGEN+0.0096%1h0.2405+0.275%$540K$504K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2395−0.129%$36K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2403+0.183%$4.6M$1.7M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2394−0.190%$44K$37K5xas long as short
Binance EIGENUSDTshort+0.0100%4h0.2397−0.064%$8.3M$20.0M75x
Bybit EIGENUSDT+0.0100%4h0.2396−0.104%$9.3M$7.3M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2396−0.108%$1.6M$4.8M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2390−0.359%$728K$577K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2396−0.108%$8.1M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2394−0.192%$2.4M$10.0M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2396−0.108%$1.9M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2395−0.150%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2393−0.230%$209K$134Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2396−0.108%$183K$2.3M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2396−0.108%$35K$230K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2397−0.067%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2398−0.038%$88K$639K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2397−0.054%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0280%1h0.2400+0.058%$40K$250K50xas long as short
Deribit EIGEN_USDC-PERPETUALlong+0.0292%1h0.2399long leg$4110x
Kraken Futures PF_EIGENUSD+0.0472%1h0.2400+0.054%$164K$105K20xas long as short
Reya EIGENRUSDPERP+0.0518%1h0.2398−0.009%$83715xas long as short