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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0111%/8h= −12.2% APRnext payment $0.14 per $10,000 · paid last 24h +0.106%
Price spread now: Kraken Futures against Injective−1.847%7-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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kraken Futures is 1.847% cheaper against Injective than usual: you would sell low and buy high (−$185 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective EIGEN/USDC PERP0.24380.0033pay 0.0004% / 1h22m 40s$6$65.5x
ShortKraken Futures PF_EIGENUSD0.2393−0.0078pay 0.0010% / 1h22m 40s$159K$117K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$23.41
Price spread: −1.847% → 0.000%
−$184.71
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$218.13
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 10 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 Kraken Futures live order book, 10 min ago4.23 bp49.2 bp −$49doesn'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
01 Exchange EIGENUSD−0.6456%1h0.2341−3.979%$794$5K10xas long as short
Bybit EIGENUSDT−0.0578%4h0.2394−1.792%$9.0M$7.4M50xas long as short
Kraken Futures PF_EIGENUSDshort−0.0078%1h0.2393−1.847%$159K$117K20x
Deribit EIGEN_USDC-PERPETUAL−0.0001%1h0.2392−1.883%$4110xas long as short
dYdX EIGEN-USD0.0000%1h0.2394−1.821%$3K5xas long as short
Injective EIGEN/USDC PERPlong+0.0033%1h0.2438long leg$6$65.5x
BloFin EIGEN-USDT+0.0071%4h0.2365−2.994%$347K$111K75xas long as short
Lighter EIGEN+0.0096%1h0.2397−1.698%$539K$497K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2389−2.010%$36K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2395−1.764%$4.5M$1.7M5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EIGENUSDT+0.0100%4h0.2394−1.794%$45K$27K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2394−1.796%$8.1M$20.1M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2393−1.846%$1.6M$4.7M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2394−1.805%$702K$609K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2393−1.846%$8.1M$2.4M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2391−1.928%$2.4M$9.6M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2391−1.928%$1.8M$1.3M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2393−1.846%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2365−2.993%$217K$145Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2373−2.681%$189K$2.8M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2369−2.830%$34K$232K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2392−1.887%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2394−1.820%$85K$695K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2393−1.862%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0504%1h0.2395−1.768%$39K$280K50xas long as short
Reya EIGENRUSDPERP+0.0522%1h0.2391−1.935%$83515xas long as short