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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h +0.011%
Price spread now: Coinbase International against Extended+0.109%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$243as in the Funding arb table
Net, price: spread back to 7d avg − costs−$234as in the Price arb table
costs, in and out, $10k−$2382.384% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.042%−$4 on $10k
Price spread, last 3 days (all we have)−0.083%−$8 · spread now +0.109%, 7d avg +0.064%
Together, before fees−0.125%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.045% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.064%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EIGEN-USD0.24050.0104pay 0.0013% / 1h31m 26s$89K$639K10x
ShortCoinbase International EIGEN-PERP-INTX0.24070.0096get 0.0012% / 1h31m 26s$41K$231K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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
−$1.68
Price spread: +0.109% → +0.064%
$4.47
Slippage, 4 orders
−$223.41
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$235.62
Costs to cover
2.384%
Break-even
never at this rate
Slippage from Extended: live order book, 36 min ago; Coinbase International: live order book, 36 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 Extended live order book, 36 min ago8.17 bp27.3 bp −$27185.9 bp −$1,859doesn't fitdoesn't fit
Sell Coinbase International live order book, 36 min ago9.59 bp91.2 bp −$91doesn't fitdoesn't fitdoesn't fit

EIGEN on 25 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 EIGENUSDT−0.0071%4h0.2404−0.036%$9.4M$7.9M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2406+0.047%$3K5xas long as short
01 Exchange EIGENUSD0.0000%1h0.2405+0.005%$816$5K10xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.377%$6$65.5xas long as short
Deribit EIGEN_USDC-PERPETUAL+0.0041%1h0.2406+0.055%$4110xas long as short
Lighter EIGEN+0.0096%1h0.2412+0.305%$542K$505K5xas long as short
Coinbase International EIGEN-PERP-INTXshort+0.0096%1h0.2407+0.109%$41K$231K50x
Nado EIGEN-PERP+0.0100%1h0.2406+0.047%$36K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2411+0.255%$4.7M$1.7M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2405−0.004%$45K$39K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EIGENUSDT+0.0100%4h0.2405−0.005%$8.3M$20.9M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2404−0.036%$1.6M$5.1M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2405+0.005%$745K$597K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2404−0.036%$8.3M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2405+0.005%$2.4M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2404−0.036%$1.9M$1.5M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2404−0.036%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2396−0.384%$194K$129Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2395−0.392%$185K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2395−0.411%$35K$239K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2405+0.005%$1K$4K10xas long as short
Extended EIGEN-USDlong+0.0104%1h0.2405long leg$89K$639K10x
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2405+0.024%$2K100xas long as short
Reya EIGENRUSDPERP+0.0516%1h0.2406+0.038%$84015xas long as short
Kraken Futures PF_EIGENUSD+0.0599%1h0.2408+0.112%$164K$95K20xas long as short