Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0134%/8h= +14.6% APRpaid last 24h +0.075%

Price spread now: BloFin against dYdX−0.471%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 5 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

Funding pays, the price is against you. BloFin is 0.471% cheaper against dYdX than usual: you would sell low and buy high (spread −0.471% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$47 on $10k: about 12 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX EIGEN-USD	0.2458	0	get 0.0000% / 1h	13m 51s	$3K	—	5x
Short	BloFin EIGEN-USDT	0.2446	0.0134	get 0.0067% / 4h	3h 13m	$356K	$128K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against dYdX. 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 dYdXbpFee BloFinbpOrdersPrice spread, now −0.471%Rate

Funding earned: $28.09
Price spread: −0.471% → 0.000%: −$47.13
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$41.04
Costs to cover: 0.220%
Break-even: 17.2 days

Slippage unknown: dYdX: no order-book sample; BloFin: live order book, 56 min ago. 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 dYdX no order-book sample	—	—	—	—	—
Sell BloFin live order book, 56 min ago	6.19 bp	19.1 bp −$19	26.9 bp −$269	105.2 bp −$10.5K	doesn't fit

dYdX: 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
Kraken Futures PF_EIGENUSD	−0.0096%	1h	0.2464	+0.242%	$176K	$74K	20x	as long as short
01 Exchange EIGENUSD	−0.0080%	1h	0.2456	−0.064%	$833	$5K	10x	as long as short
dYdX EIGEN-USDlong	0.0000%	1h	0.2458	long leg	$3K	—	5x
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2459	+0.054%	—	$86	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	−0.797%	$6	$6	5.5x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2465	+0.318%	$561K	$449K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2457	−0.003%	$32K	$18K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2458	+0.020%	$48K	$37K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2456	−0.072%	$8.4M	$20.2M	75x	as long as short
Bybit EIGENUSDT	+0.0100%	4h	0.2455	−0.089%	$9.8M	$7.6M	50x	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	0.2453	−0.186%	$1.7M	$5.0M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2456	−0.064%	$763K	$588K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2455	−0.105%	$8.7M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2456	−0.064%	$2.4M	$10.5M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2456	−0.064%	$1.9M	$1.4M	75x	as long as short
BingX EIGEN-USDC	+0.0100%	4h	0.2456	−0.064%	—	$6.5M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2446	−0.466%	$203K	$124K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2440	−0.715%	$192K	$2.2M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2443	−0.593%	$36K	$238K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2458	+0.017%	$584	$3K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2456	−0.083%	$93K	$640K	10x	as long as short
BloFin EIGEN-USDTshort	+0.0134%	4h	0.2446	−0.471%	$356K	$128K	75x
Coinbase International EIGEN-PERP-INTX	+0.0144%	1h	0.2459	+0.066%	$55K	$177K	50x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2459	+0.041%	$2K	—	100x	as long as short
Hyperliquid EIGEN	+0.0248%	1h	0.2466	+0.343%	$4.9M	$1.6M	5x	as long as short
Reya EIGENRUSDPERP	+0.0515%	1h	0.2458	+0.013%	$858	—	15x	as long as short