Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h +0.030%

Price spread now: Gate against dYdX−0.069%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 Gate

What this pair did over the last

the charts below follow

Funding, last 6 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. Gate is 0.069% cheaper against dYdX than usual: you would sell low and buy high (spread −0.069% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.6 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX EIGEN-USD	0.2369	0	get 0.0000% / 1h	39m 02s	$3K	—	5x
Short	Gate EIGEN_USDT	0.2367	0.0088	get 0.0044% / 4h	2h 39m	$711K	$572K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.069%Rate

Funding earned: $18.48
Price spread: −0.069% → 0.000%: −$6.94
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$13.46
Costs to cover: 0.250%
Break-even: 12.1 days

Slippage unknown: dYdX: no order-book sample; Gate: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy dYdX no order-book sample	—	—	—	—	—
Sell Gate live order book, 7 min ago	4.20 bp	34.1 bp −$34	650.2 bp −$6,502	doesn't fit	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
Bybit EIGENUSDT	−0.0301%	4h	0.2374	+0.226%	$9.2M	$7.1M	50x	as long as short
01 Exchange EIGENUSD	−0.0064%	1h	0.2365	−0.154%	$802	$5K	10x	as long as short
dYdX EIGEN-USDlong	0.0000%	1h	0.2369	long leg	$3K	—	5x
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2372	+0.129%	—	$41	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+2.928%	$6	$6	5.5x	as long as short
BloFin EIGEN-USDT	+0.0051%	4h	0.2371	+0.099%	$352K	$113K	75x	as long as short
Gate EIGEN_USDTshort	+0.0088%	4h	0.2367	−0.069%	$711K	$572K	50x
Lighter EIGEN	+0.0096%	1h	0.2375	+0.260%	$534K	$507K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2370	+0.057%	$36K	$20K	3x	as long as short
Hyperliquid EIGEN	+0.0100%	1h	0.2375	+0.268%	$4.5M	$1.7M	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster EIGENUSDT	+0.0100%	4h	0.2373	+0.192%	$44K	$37K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2373	+0.184%	$8.1M	$19.8M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2372	+0.142%	$1.6M	$4.7M	20x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2374	+0.226%	$8.0M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2372	+0.142%	$2.4M	$9.9M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2372	+0.142%	$1.8M	$1.4M	75x	as long as short
BingX EIGEN-USDC	+0.0100%	4h	0.2372	+0.142%	—	$6.5M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2367	−0.065%	$212K	$135K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2369	+0.015%	$185K	$2.4M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2370	+0.057%	$34K	$231K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2371	+0.099%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2373	+0.199%	$91K	$729K	10x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2372	+0.123%	$2K	—	100x	as long as short
Kraken Futures PF_EIGENUSD	+0.0327%	1h	0.2372	+0.139%	$158K	$110K	20x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0360%	1h	0.2372	+0.159%	$41K	$264K	50x	as long as short
Reya EIGENRUSDPERP	+0.0519%	1h	0.2370	+0.058%	$827	—	15x	as long as short