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 −0.001%
Price spread now: OKX against Extended+0.047%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$940.940% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 4 days (all we have)−0.157%−$16 · spread now +0.047%, 7d avg +0.006%
Together, before fees−0.173%+ Points / potential airdropExtended: Active · farm board−$17 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: OKX is 0.040% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EIGEN-USD0.23940.0104pay 0.0013% / 1h52m 29s$91K$496K10x
ShortOKX EIGEN-USDT-SWAP0.23950.0100get 0.0050% / 4h1h 52m$1.6M$5.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.047% → +0.006%
$4.03
Slippage, 4 orders
−$78.98
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$90.79
Costs to cover
0.940%
Break-even
never at this rate
Slippage from Extended: live order book, 30 min ago; OKX: live order book, 5 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, 30 min ago8.29 bp28.0 bp −$28198.1 bp −$1,981doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago4.19 bp16.4 bp −$1683.2 bp −$832doesn'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
Deribit EIGEN_USDC-PERPETUAL−0.0209%1h0.2394+0.009%$8610xas long as short
01 Exchange EIGENUSD−0.0128%1h0.2396+0.088%$812$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2394−0.005%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.843%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2397+0.126%$539K$430K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2395+0.047%$28K$17K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2398+0.172%$4.7M$1.5M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2396+0.102%$44K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2396+0.088%$8.1M$20.3M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2395+0.047%$9.6M$8.0M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAPshort+0.0100%4h0.2395+0.047%$1.6M$5.0M20x
Gate EIGEN_USDT+0.0100%4h0.2394+0.005%$718K$635K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2393−0.037%$8.6M$2.2M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2397+0.130%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2392−0.079%$1.9M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2394+0.005%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2394+0.017%$199K$154Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2398+0.172%$187K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2399+0.214%$35K$236K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2395+0.047%$2K$2K10xas long as short
Extended EIGEN-USDlong+0.0104%1h0.2394long leg$91K$496K10x
BloFin EIGEN-USDT+0.0126%4h0.2393−0.037%$346K$137K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2395+0.053%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0200%1h0.2402+0.347%$42K$160K50xas long as short
Reya EIGENRUSDPERP+0.0512%1h0.2395+0.046%$83615xas long as short
Kraken Futures PF_EIGENUSD+0.0684%1h0.2398+0.182%$173K$68K20xas long as short