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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.021%
Price spread now: GRVT against Extended−0.569%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1331.331% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 3 days (all we have)+0.711%+$71 · spread now −0.569%, 7d avg +0.018%
Together, before fees+0.702%+ Points / potential airdropExtended: Active · GRVT: Active · farm board+$70 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: GRVT is 0.588% cheaper against Extended than usual: you would sell low and buy high, −$59 on $10k if it goes back to its 7-day average of +0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EIGEN-USD0.23990.0104pay 0.0013% / 1h55m 00s$90K$496K10x
ShortGRVT EIGEN_USDT_Perp0.23860.0100get 0.0050% / 4h1h 55m$186K$2.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
−$0.84
Price spread: −0.569% → +0.018%
−$58.76
Slippage, 4 orders
−$119.07
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$192.67
Costs to cover
1.331%
Break-even
never at this rate
Slippage from Extended: live order book, 28 min ago; GRVT: live order book, 4 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, 28 min ago8.29 bp28.0 bp −$28198.1 bp −$1,981doesn't fitdoesn't fit
Sell GRVT live order book, 4 min ago4.20 bp47.2 bp −$4767.9 bp −$679doesn't fitdoesn't fit

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
01 Exchange EIGENUSD−0.0080%1h0.2399−0.017%$813$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2395−0.191%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2400+0.021%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.609%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0067%4h0.2386−0.559%$345K$137K75xas long as short
Lighter EIGEN+0.0096%1h0.2403+0.158%$540K$430K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2399+0.004%$28K$17K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2404+0.192%$4.7M$1.5M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2399−0.008%$44K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2399−0.008%$8.1M$20.3M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EIGENUSDT+0.0100%4h0.2401+0.046%$9.6M$8.0M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2401+0.067%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2397−0.100%$720K$634K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2400+0.025%$8.5M$2.2M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2400+0.025%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2399−0.017%$1.9M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2401+0.067%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2394−0.213%$199K$154Kas long as short
GRVT EIGEN_USDT_Perpshort+0.0100%4h0.2386−0.569%$186K$2.1M10x
ApeX Omni EIGENUSDT+0.0100%1h0.2388−0.475%$35K$236K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2400+0.025%$2K$2K10xas long as short
Extended EIGEN-USDlong+0.0104%1h0.2399long leg$90K$496K10x
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2399−0.014%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0200%1h0.2402+0.117%$42K$160K50xas long as short
Reya EIGENRUSDPERP+0.0512%1h0.2400+0.005%$83815xas long as short
Kraken Futures PF_EIGENUSD+0.0683%1h0.2403+0.149%$173K$68K20xas long as short