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−0.0004%/8h= −0.4% APRpaid last 24h +0.012%
Price spread now: Coinbase International against Gate+0.158%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$238as in the Price arb table
costs, in and out, $10k−$2482.483% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.053%−$5 on $10k
Price spread, last 3 days (all we have)−0.142%−$14 · spread now +0.158%, 7d avg +0.052%
Together, before fees−0.194%−$19 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 0.106% dearer against Gate than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EIGEN_USDT0.24080.0100pay 0.0050% / 4h2h 10m$744K$601K50x
ShortCoinbase International EIGEN-PERP-INTX0.24120.0096get 0.0012% / 1h10m 40s$41K$234K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Gate. 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: +0.158% → +0.052%
$10.6
Slippage, 4 orders
−$223.31
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$238.56
Costs to cover
2.483%
Break-even
never at this rate
Slippage from Gate: live order book, 56 min ago; Coinbase International: live order book, 57 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 Gate live order book, 56 min ago4.10 bp32.9 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 57 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−0.0038%4h0.2407−0.042%$9.4M$7.9M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2412+0.149%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2413+0.216%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.246%$6$65.5xas long as short
01 Exchange EIGENUSD+0.0056%1h0.2409+0.042%$817$5K10xas long as short
Lighter EIGEN+0.0096%1h0.2414+0.257%$543K$505K5xas long as short
Coinbase International EIGEN-PERP-INTXshort+0.0096%1h0.2412+0.158%$41K$234K50x
Nado EIGEN-PERP+0.0100%1h0.2410+0.083%$36K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2416+0.332%$4.7M$1.7M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2412+0.169%$45K$39K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EIGENUSDT+0.0100%4h0.2408−0.001%$8.3M$20.9M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2406−0.083%$1.6M$5.1M20xas long as short
Gate EIGEN_USDTlong+0.0100%4h0.2408long leg$744K$601K50x
MEXC EIGEN_USDT+0.0100%4h0.2407−0.042%$8.3M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2409+0.042%$2.4M$10.4M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2409+0.042%$1.9M$1.5M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2409+0.042%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2409+0.045%$195K$126Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2410+0.083%$186K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2411+0.125%$35K$231K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2411+0.125%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2407−0.037%$89K$639K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2410+0.074%$2K100xas long as short
Reya EIGENRUSDPERP+0.0516%1h0.2410+0.102%$84115xas long as short
Kraken Futures PF_EIGENUSD+0.0597%1h0.2414+0.255%$165K$99K20xas long as short