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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: BingX against GRVT−0.198%84s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1011.007% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 3 days (all we have)+0.207%+$21 · spread now −0.198%, 7d avg −0.012%
Together, before fees+0.227%+ Points / potential airdropGRVT: Active · farm board+$23 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: BingX is 0.186% cheaper against GRVT than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.012%. The two prices were read 84 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT EIGEN_USDT_Perp0.24470.0100pay 0.0050% / 4h3h 20m$190K$2.2M10x
ShortBingX EIGEN-USDT0.24420.0100get 0.0050% / 4h3h 20m$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.198% → −0.012%
−$18.63
Slippage, 4 orders
−$81.7
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$119.33
Costs to cover
1.007%
Break-even
never at this rate
Slippage from GRVT: live order book, 3 min ago; BingX: live order book, 11 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, 3 min ago2.05 bp32.5 bp −$3358.7 bp −$587doesn't fitdoesn't fit
Sell BingX live order book, 11 min ago6.15 bp20.3 bp −$2045.7 bp −$457231.1 bp −$23.1K771.1 bp −$385.6K

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
Kraken Futures PF_EIGENUSD−0.0097%1h0.2448+0.044%$176K$74K20xas long as short
01 Exchange EIGENUSD−0.0088%1h0.2444−0.117%$829$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2444−0.137%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2444−0.100%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438−0.362%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0088%4h0.2444−0.117%$356K$132K75xas long as short
Lighter EIGEN+0.0096%1h0.2451+0.161%$558K$449K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2444−0.117%$32K$18K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2444−0.108%$48K$37K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2444−0.117%$8.4M$20.1M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EIGENUSDT+0.0100%4h0.2443−0.157%$9.7M$7.5M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2442−0.198%$1.7M$4.9M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2442−0.198%$759K$587K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2443−0.157%$8.7M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2443−0.157%$2.4M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2442−0.198%$1.9M$1.4M75xas long as short
BingX EIGEN-USDTshort+0.0100%4h0.2442−0.198%$1.6M
Variational Omni EIGEN+0.0100%4h0.2442−0.215%$206K$121Kas long as short
GRVT EIGEN_USDT_Perplong+0.0100%4h0.2447long leg$190K$2.2M10x
ApeX Omni EIGENUSDT+0.0100%1h0.2445−0.076%$36K$238K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2444−0.117%$581$3K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2443−0.165%$93K$644K10xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2442−0.190%$54K$176K50xas long as short
Hyperliquid EIGEN+0.0193%1h0.2450+0.129%$4.9M$1.6M5xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2444−0.126%$2K100xas long as short
Reya EIGENRUSDPERP+0.0515%1h0.2443−0.151%$85315xas long as short