Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against OKX+0.083%7-day average −0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$830.828% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.027%+$3 on $10k

Price spread, last 7 days−0.123%−$12 · spread now +0.083%, 7d avg −0.056%

Together, before fees−0.097%−$10 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: Bitget is 0.139% dearer against OKX than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.056%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX EIGEN-USDT-SWAP	0.2409	0.0100	pay 0.0050% / 4h	2h 16m	$1.6M	$5.1M	20x
Short	Bitget EIGENUSDT	0.2411	0.0100	get 0.0050% / 4h	2h 16m	$1.9M	$1.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee BitgetbpOrdersPrice spread, now +0.083%Rate

Funding earned: $0
Price spread: +0.083% → −0.056%: $13.94
Slippage, 4 orders: −$60.82
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$68.88
Costs to cover: 0.828%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Bitget: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 2 min ago	2.07 bp	19.0 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	4.16 bp	22.3 bp −$22	49.4 bp −$494	doesn't fit	doesn't fit

EIGEN on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit EIGEN_USDC-PERPETUAL	−0.0123%	1h	0.2409	−0.004%	—	$86	10x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2410	+0.037%	$3K	—	5x	as long as short
01 Exchange EIGENUSD	0.0000%	1h	0.2409	0.000%	$817	$5K	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+1.204%	$6	$6	5.5x	as long as short
BloFin EIGEN-USDT	+0.0086%	4h	0.2410	+0.042%	$350K	$136K	75x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2409	+0.021%	$29K	$16K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2410	+0.060%	$44K	$26K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2409	0.000%	$8.2M	$20.1M	75x	as long as short
Bybit EIGENUSDT	+0.0100%	4h	0.2409	+0.004%	$9.6M	$8.0M	50x	as long as short
OKX EIGEN-USDT-SWAPlong	+0.0100%	4h	0.2409	long leg	$1.6M	$5.1M	20x

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate EIGEN_USDT	+0.0100%	4h	0.2411	+0.083%	$721K	$672K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2409	0.000%	$8.5M	$2.2M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2410	+0.042%	$2.4M	$10.8M	50x	as long as short
Bitget EIGENUSDTshort	+0.0100%	4h	0.2411	+0.083%	$1.9M	$1.3M	75x
BingX EIGEN-USDT	+0.0100%	4h	0.2410	+0.042%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2416	+0.306%	$203K	$152K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2411	+0.083%	$188K	$2.1M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2416	+0.291%	$36K	$235K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2409	0.000%	$2K	$2K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2409	−0.008%	$91K	$496K	10x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0144%	1h	0.2414	+0.216%	$41K	$161K	50x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0194% / S −0.0568%	1h	0.2409	+0.010%	$2K	—	100x	as long as short
Lighter EIGEN	+0.0216%	1h	0.2414	+0.195%	$563K	$415K	5x	as long as short
Kraken Futures PF_EIGENUSD	+0.0310%	1h	0.2416	+0.310%	$174K	$68K	20x	as long as short
Hyperliquid EIGEN	+0.0401%	1h	0.2416	+0.291%	$4.8M	$1.5M	5x	as long as short
Reya EIGENRUSDPERP	+0.0512%	1h	0.2409	−0.015%	$841	—	15x	as long as short