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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0021%/8h= −2.3% APRnext payment $0.10 per $10,000 · paid last 24h +0.020%
Price spread now: BloFin against GRVT−0.294%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$960.963% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.424%+$42 on $10k
Price spread, last 4 days (all we have)+0.262%+$26 · spread now −0.294%, 7d avg −0.038%
Together, before fees+0.686%+ Points / potential airdropGRVT: Active · farm board+$69 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.255% cheaper against GRVT than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.038%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.424%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT EIGEN_USDT_Perp0.23840.0100pay 0.0050% / 4h3h 39m$183K$2.8M10x
ShortBloFin EIGEN-USDT0.23770.0079get 0.0040% / 4h3h 39m$347K$111K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$4.33
Price spread: −0.294% → −0.038%
−$25.53
Slippage, 4 orders
−$75.27
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$126.14
Costs to cover
0.963%
Break-even
never at this rate
Slippage from GRVT: live order book, 4 min ago; BloFin: live order book, 35 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, 4 min ago4.20 bp33.9 bp −$346022.0 bp −$60.2Kdoesn't fitdoesn't fit
Sell BloFin live order book, 35 min ago2.11 bp27.5 bp −$2847.1 bp −$471143.4 bp −$14.3Kdoesn'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−0.6384%1h0.2329−2.307%$790$5K10xas long as short
Bybit EIGENUSDT−0.0518%4h0.2375−0.378%$9.0M$7.4M50xas long as short
Deribit EIGEN_USDC-PERPETUAL−0.0255%1h0.2375−0.394%$4110xas long as short
Kraken Futures PF_EIGENUSD−0.0079%1h0.2378−0.257%$159K$116K20xas long as short
dYdX EIGEN-USD0.0000%1h0.2377−0.302%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+2.265%$6$65.5xas long as short
BloFin EIGEN-USDTshort+0.0079%4h0.2377−0.294%$347K$111K75x
Lighter EIGEN+0.0096%1h0.2381−0.138%$535K$495K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2376−0.336%$36K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2379−0.210%$4.5M$1.8M5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EIGENUSDT+0.0100%4h0.2379−0.215%$44K$27K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2374−0.402%$8.0M$20.1M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2375−0.378%$1.6M$4.7M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2376−0.336%$706K$591K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2376−0.336%$8.3M$2.4M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2376−0.336%$2.4M$9.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2373−0.461%$1.8M$1.3M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2373−0.461%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2376−0.331%$218K$145Kas long as short
GRVT EIGEN_USDT_Perplong+0.0100%4h0.2384long leg$183K$2.8M10x
ApeX Omni EIGENUSDT+0.0100%1h0.2385+0.042%$35K$233K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2375−0.378%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2376−0.340%$88K$691K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2383−0.022%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0504%1h0.2380−0.172%$39K$277K50xas long as short
Reya EIGENRUSDPERP+0.0522%1h0.2374−0.429%$82915xas long as short