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 0.000%
Price spread now: Variational Omni against GRVT+0.200%104s7-day average −0.055% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.141%−$14 · spread now +0.200%, 7d avg −0.055%
Together, before fees−0.141%+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm board−$14 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: Variational Omni is 0.255% dearer against GRVT than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of −0.055%. The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT EIGEN_USDT_Perp0.24110.0100pay 0.0050% / 4h1h 19m$195K$2.2M10x
ShortVariational Omni EIGEN0.24160.0100get 0.0050% / 4h1h 19m$196K$124K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational 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: +0.200% → −0.055%
$25.46
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$16.46
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: GRVT: live order book, 4 min ago; Variational Omni: RFQ quote, 44 min ago. Net counts fees only.

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 ago2.07 bp44.8 bp −$45146.9 bp −$1,469doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 44 min ago10.37 bpdoesn't fit56.0 bp −$560doesn'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
Bybit EIGENUSDT−0.0081%4h0.2411+0.023%$9.4M$7.5M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2414+0.115%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2412+0.056%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.131%$6$65.5xas long as short
01 Exchange EIGENUSD+0.0064%1h0.2412+0.052%$818$5K10xas long as short
Lighter EIGEN+0.0096%1h0.2420+0.384%$544K$504K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2414+0.135%$36K$20K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2414+0.144%$45K$39K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2413+0.114%$8.3M$20.5M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2413+0.094%$1.6M$5.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.2411+0.011%$739K$592K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2414+0.135%$8.3M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2414+0.135%$2.4M$10.3M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2411+0.011%$1.9M$1.5M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2411+0.011%$1.6Mas long as short
Variational Omni EIGENshort+0.0100%4h0.2416+0.200%$196K$124K
GRVT EIGEN_USDT_Perplong+0.0100%4h0.2411long leg$195K$2.2M10x
ApeX Omni EIGENUSDT+0.0100%1h0.2411+0.011%$35K$230K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2413+0.094%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2412+0.067%$92K$642K10xas long as short
BloFin EIGEN-USDT+0.0137%4h0.2414+0.135%$357K$118K75xas long as short
Hyperliquid EIGEN+0.0146%1h0.2417+0.260%$4.7M$1.7M5xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2412+0.062%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0208%1h0.2417+0.276%$41K$248K50xas long as short
Reya EIGENRUSDPERP+0.0517%1h0.2413+0.080%$84215xas long as short
Kraken Futures PF_EIGENUSD+0.0572%1h0.2413+0.108%$166K$100K20xas long as short