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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0168%/8h= −18.4% APRpaid last 24h +0.011%
Price spread now: Bybit against dYdX−0.041%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 5 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 −$5 a day on $10k at the current rate, and Bybit is 0.041% cheaper against dYdX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX EIGEN-USD0.23980get 0.0000% / 1h57m 15s$3K5x
ShortBybit EIGENUSDT0.2397−0.0168pay 0.0084% / 4h2h 57m$9.6M$8.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
−$35.29
Price spread: −0.041% → 0.000%
−$4.07
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$60.36
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Bybit: live order book, 1 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 dYdX no order-book sample
Sell Bybit live order book, 1 min ago4.17 bp19.5 bp −$1944.8 bp −$448doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EIGENUSDTshort−0.0168%4h0.2397−0.041%$9.6M$8.1M50x
01 Exchange EIGENUSD−0.0168%1h0.2395−0.124%$812$5K10xas long as short
dYdX EIGEN-USDlong0.0000%1h0.2398long leg$3K5x
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2397−0.049%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.669%$6$65.5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2397−0.041%$29K$16K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2397−0.032%$44K$24K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2397−0.041%$8.2M$20.3M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2396−0.082%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2394−0.166%$717K$671K50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.2396−0.082%$8.4M$2.2M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2397−0.041%$2.3M$10.7M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2399+0.043%$1.8M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2397−0.041%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2405+0.274%$201K$152Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2402+0.169%$187K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2403+0.210%$36K$234K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2396−0.082%$2K$2K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2396−0.103%$91K$496K10xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2399+0.030%$42K$160K50xas long as short
BloFin EIGEN-USDT+0.0149%4h0.2397−0.041%$352K$136K75xas long as short
Lighter EIGEN+0.0152%1h0.2403+0.205%$578K$392K5xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2396−0.091%$2K100xas long as short
Kraken Futures PF_EIGENUSD+0.0312%1h0.2401+0.106%$174K$67K20xas long as short
Reya EIGENRUSDPERP+0.0511%1h0.2396−0.063%$83715xas long as short
Hyperliquid EIGEN+0.0599%1h0.2405+0.293%$4.8M$1.5M5xas long as short