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+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.045%
Price spread now: BloFin against OKX−0.407%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$720.721% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.469%+$47 on $10k
Price spread, last 3 days (all we have)+0.408%+$41 · spread now −0.407%, 7d avg +0.008%
Together, before fees+0.877%+$88 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.415% cheaper against OKX than usual: you would sell low and buy high (spread −0.407% now, against its 7-day average of +0.008%). If the spread goes back, that is −$42 on $10k: about 41 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.469% in total) that is about 6.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EIGEN-USDT-SWAP0.24560.0100pay 0.0050% / 4h3h 14m$1.7M$5.0M20x
ShortBloFin EIGEN-USDT0.24460.0134get 0.0067% / 4h3h 14m$356K$128K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$7.09
Price spread: −0.407% → +0.008%
−$41.54
Slippage, 4 orders
−$50.15
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$106.6
Costs to cover
0.721%
Break-even
112.3 days
Slippage from OKX: live order book, 3 min ago; BloFin: live order book, 55 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 3 min ago2.05 bp21.7 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 55 min ago6.19 bp19.1 bp −$1926.9 bp −$269105.2 bp −$10.5Kdoesn'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
Kraken Futures PF_EIGENUSD−0.0096%1h0.2461+0.220%$176K$74K20xas long as short
01 Exchange EIGENUSD−0.0080%1h0.2453−0.122%$832$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2450−0.264%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2458+0.077%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438−0.733%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2465+0.354%$561K$449K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2456+0.020%$32K$18K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2456−0.007%$48K$37K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2458+0.081%$8.4M$20.2M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2457+0.057%$9.8M$7.6M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAPlong+0.0100%4h0.2456long leg$1.7M$5.0M20x
Gate EIGEN_USDT+0.0100%4h0.2455−0.041%$762K$588K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2457+0.041%$8.7M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.24560.000%$2.4M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2458+0.081%$1.9M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2458+0.081%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2446−0.402%$203K$124Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2440−0.652%$192K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2443−0.529%$36K$238K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2457+0.041%$584$3K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2457+0.042%$93K$640K10xas long as short
BloFin EIGEN-USDTshort+0.0134%4h0.2446−0.407%$356K$128K75x
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2449−0.273%$54K$176K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2457+0.045%$2K100xas long as short
Hyperliquid EIGEN+0.0243%1h0.2465+0.366%$4.9M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0515%1h0.2457+0.056%$85815xas long as short