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: KuCoin against GRVT+0.408%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$273as in the Funding arb table
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2702.696% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 3 days (all we have)−0.456%−$46 · spread now +0.408%, 7d avg −0.005%
Together, before fees−0.491%+ Points / potential airdropGRVT: Active · farm board−$49 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: KuCoin is 0.413% dearer against GRVT than usual: you sell high and buy low, +$41 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT EIGEN_USDT_Perp0.23990.0100pay 0.0050% / 4h2h 49m$188K$2.2M10x
ShortKuCoin EIGENUSDTM0.24090.0100get 0.0050% / 4h2h 49m$2.4M$10.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.408% → −0.005%
$41.28
Slippage, 4 orders
−$248.64
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$228.36
Costs to cover
2.696%
Break-even
never at this rate
Slippage from GRVT: live order book, 4 min ago; KuCoin: 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, 4 min ago6.25 bp55.9 bp −$56165.6 bp −$1,656doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago4.16 bp77.2 bp −$77271.8 bp −$2,718doesn'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−0.0072%1h0.2407+0.324%$816$5K10xas long as short
Bybit EIGENUSDT−0.0068%4h0.2410+0.449%$9.5M$7.9M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2409+0.392%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2408+0.362%$4610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.617%$6$65.5xas long as short
Coinbase International EIGEN-PERP-INTX+0.0096%1h0.2411+0.504%$41K$223K50xas long as short
Nado EIGEN-PERP+0.0100%1h0.2409+0.408%$36K$20K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2410+0.468%$45K$39K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2408+0.366%$8.3M$20.8M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2410+0.449%$1.6M$5.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.2409+0.408%$746K$591K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2410+0.449%$8.3M$2.3M125xas long as short
KuCoin EIGENUSDTMshort+0.0100%4h0.2409+0.408%$2.4M$10.4M50x
Bitget EIGENUSDT+0.0100%4h0.2407+0.324%$1.9M$1.5M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2410+0.449%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2402+0.101%$195K$129Kas long as short
GRVT EIGEN_USDT_Perplong+0.0100%4h0.2399long leg$188K$2.2M10x
ApeX Omni EIGENUSDT+0.0100%1h0.2404+0.199%$35K$237K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2408+0.366%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2407+0.328%$90K$639K10xas long as short
BloFin EIGEN-USDT+0.0123%4h0.2407+0.324%$357K$125K75xas long as short
Hyperliquid EIGEN+0.0188%1h0.2414+0.616%$4.8M$1.6M5xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2408+0.357%$2K100xas long as short
Lighter EIGEN+0.0280%1h0.2417+0.720%$574K$473K5xas long as short
Reya EIGENRUSDPERP+0.0515%1h0.2407+0.332%$84015xas long as short
Kraken Futures PF_EIGENUSD+0.0598%1h0.2410+0.466%$164K$92K20xas long as short