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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%
Price spread now: ApeX Omni against GRVT+0.014%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$850.845% 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 3 days (all we have)+0.082%+$8 · spread now +0.014%, 7d avg +0.054%
Together, before fees+0.099%+ Points / potential airdropGRVT: Active · farm board+$10 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: ApeX Omni is 0.040% cheaper against GRVT than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT EIGEN_USDT_Perp0.24050.0100pay 0.0050% / 4h1h 12m$185K$2.1M10x
ShortApeX Omni EIGENUSDT0.24050.0100get 0.0013% / 1h12m 16s$35K$236K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against GRVT. 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
Price spread: +0.014% → +0.054%
−$4
Slippage, 4 orders
−$65.55
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$88.55
Costs to cover
0.845%
Break-even
never at this rate
Slippage from GRVT: live order book, 1 min ago; ApeX Omni: 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 GRVT live order book, 1 min ago2.08 bp15.1 bp −$15188.8 bp −$1,888doesn't fitdoesn't fit
Sell ApeX Omni live order book, 4 min ago10.40 bp25.6 bp −$26doesn't fitdoesn'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−0.0112%1h0.2405+0.014%$816$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2407+0.084%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2407+0.080%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.386%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2409+0.201%$541K$431K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2408+0.139%$28K$17K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2412+0.305%$4.7M$1.5M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2407+0.099%$44K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2406+0.050%$8.2M$20.0M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2406+0.039%$9.6M$7.8M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2406+0.055%$1.6M$4.9M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2405+0.014%$720K$639K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2406+0.055%$8.6M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2407+0.097%$2.3M$10.6M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2406+0.055%$1.8M$1.3M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2407+0.097%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2404−0.019%$200K$132Kas long as short
GRVT EIGEN_USDT_Perplong+0.0100%4h0.2405long leg$185K$2.1M10x
ApeX Omni EIGENUSDTshort+0.0100%1h0.2405+0.014%$35K$236K50x
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2407+0.097%$2K$1K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2406+0.066%$91K$496K10xas long as short
BloFin EIGEN-USDT+0.0127%4h0.2403−0.069%$347K$133K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2407+0.093%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0200%1h0.2405+0.014%$42K$158K50xas long as short
Reya EIGENRUSDPERP+0.0513%1h0.2408+0.121%$84015xas long as short
Kraken Futures PF_EIGENUSD+0.0682%1h0.2407+0.105%$174K$68K20xas long as short