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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0127%/8h= +13.9% APRnext payment +$0.16 per $10,000 · paid last 24h −0.029%
Price spread now: Coinbase International against Injective−0.139%64s7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Coinbase International is 0.139% cheaper against Injective than usual: you would sell low and buy high (spread −0.139% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 3.7 days of funding at the current rate (+$4 a day). The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective EIGEN/USDC PERP0.24380.0033pay 0.0004% / 1h31m 44s$6$65.5x
ShortCoinbase International EIGEN-PERP-INTX0.24350.0160get 0.0020% / 1h31m 44s$42K$159K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. 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
$26.6
Price spread: −0.139% → 0.000%
−$13.95
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$2.63
Costs to cover
0.100%
Break-even
6.3 days
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 46 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 Injective no order-book sample
Sell Coinbase International live order book, 46 min ago7.07 bp15.8 bp −$16doesn't fitdoesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Deribit EIGEN_USDC-PERPETUAL−0.0161%1h0.2432−0.226%$8610xas long as short
01 Exchange EIGENUSD−0.0080%1h0.2432−0.246%$825$5K10xas long as short
Kraken Futures PF_EIGENUSD−0.0016%1h0.2434−0.155%$175K$68K20xas long as short
dYdX EIGEN-USD0.0000%1h0.2435−0.135%$3K5xas long as short
Injective EIGEN/USDC PERPlong+0.0033%1h0.2438long leg$6$65.5x
Bybit EIGENUSDT+0.0089%4h0.2431−0.291%$9.7M$7.7M50xas long as short
Nado EIGEN-PERP+0.0100%1h0.2434−0.164%$32K$18K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2433−0.189%$46K$30K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2430−0.308%$8.3M$20.0M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2430−0.328%$1.6M$5.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.2431−0.287%$733K$639K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2430−0.328%$8.6M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2431−0.287%$2.3M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2431−0.287%$1.9M$1.3M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2431−0.287%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2432−0.237%$203K$127Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2436−0.082%$189K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2431−0.287%$36K$237K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2433−0.205%$2K$1K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2430−0.321%$92K$496K10xas long as short
BloFin EIGEN-USDT+0.0121%4h0.2431−0.287%$353K$135K75xas long as short
Coinbase International EIGEN-PERP-INTXshort+0.0160%1h0.2435−0.139%$42K$159K50x
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2434−0.175%$2K100xas long as short
Hyperliquid EIGEN+0.0363%1h0.24380.000%$4.8M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0514%1h0.2432−0.228%$84915xas long as short
Lighter EIGEN+0.0576%1h0.2436−0.066%$561K$443K5xas long as short