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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0025%/8h= −2.8% APRnext payment $0.03 per $10,000 · paid last 24h −0.078%
Price spread now: 01 Exchange against Injective−1.764%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 −$1 a day on $10k at the current rate, and 01 Exchange is 1.764% cheaper against Injective than usual: you would sell low and buy high (−$176 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% / 1h28m 55s$6$65.5x
Short01 Exchange EIGENUSD0.23950.0008get 0.0001% / 1h28m 55s$812$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$5.32
Price spread: −1.764% → 0.000%
−$176.37
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$188.71
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; 01 Exchange: no order-book sample. 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 01 Exchange no order-book sample
Injective and 01 Exchange: 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
Bybit EIGENUSDT−0.0079%4h0.2392−1.887%$9.3M$7.3M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2400−1.576%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2399−1.604%$4110xas long as short
01 Exchange EIGENUSDshort+0.0008%1h0.2395−1.764%$812$5K10x
Injective EIGEN/USDC PERPlong+0.0033%1h0.2438long leg$6$65.5x
BloFin EIGEN-USDT+0.0053%4h0.2392−1.887%$351K$113K75xas long as short
Lighter EIGEN+0.0096%1h0.2402−1.464%$540K$504K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2399−1.600%$36K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2397−1.682%$4.6M$1.7M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2395−1.747%$44K$37K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EIGENUSDT+0.0100%4h0.2390−1.969%$8.2M$20.2M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2391−1.928%$1.6M$4.9M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2395−1.764%$731K$575K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2388−2.051%$8.1M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2394−1.805%$2.4M$10.1M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2392−1.887%$1.9M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2392−1.887%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2392−1.904%$194K$119Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2391−1.928%$182K$2.3M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2380−2.379%$35K$230K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2400−1.559%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2389−2.005%$88K$639K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2399−1.601%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0280%1h0.2399−1.604%$39K$250K50xas long as short
Kraken Futures PF_EIGENUSD+0.0472%1h0.2399−1.596%$164K$104K20xas long as short
Reya EIGENRUSDPERP+0.0518%1h0.2400−1.567%$83815xas long as short