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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against OKX−0.033%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$920.920% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.033%, 7d avg −0.006%
Together, before fees+0.102%+ Points / potential airdropExtended: Active · farm board+$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: Extended is 0.027% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EIGEN-USDT-SWAP0.23920.0100pay 0.0050% / 4h2h 49m$1.6M$5.0M20x
ShortExtended EIGEN-USD0.23910.0104get 0.0013% / 1h49m 19s$90K$496K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.033% → −0.006%
−$2.66
Slippage, 4 orders
−$76.95
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$93.77
Costs to cover
0.920%
Break-even
788.4 days
Slippage from OKX: live order book, 3 min ago; Extended: live order book, 38 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 ago2.09 bp19.1 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 38 min ago8.26 bp28.0 bp −$28182.3 bp −$1,823doesn't fitdoesn'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
Deribit EIGEN_USDC-PERPETUAL−0.0084%1h0.23920.000%$8610xas long as short
01 Exchange EIGENUSD−0.0048%1h0.2391−0.042%$811$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2393+0.042%$3K5xas long as short
Bybit EIGENUSDT+0.0020%4h0.2393+0.042%$9.6M$8.0M50xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.923%$6$65.5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2392+0.021%$29K$16K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2394+0.086%$44K$24K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2392−0.005%$8.2M$20.2M75xas long as short
OKX EIGEN-USDT-SWAPlong+0.0100%4h0.2392long leg$1.6M$5.0M20x
Gate EIGEN_USDT+0.0100%4h0.23920.000%$716K$672K50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.23920.000%$8.3M$2.2M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2393+0.042%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2388−0.167%$1.8M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.23920.000%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2391−0.041%$201K$152Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2392−0.019%$187K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2390−0.084%$36K$235K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.23920.000%$2K$2K10xas long as short
Extended EIGEN-USDshort+0.0104%1h0.2391−0.033%$90K$496K10x
BloFin EIGEN-USDT+0.0113%4h0.2391−0.042%$350K$135K75xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2393+0.059%$42K$159K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2392−0.005%$2K100xas long as short
Kraken Futures PF_EIGENUSD+0.0312%1h0.2397+0.192%$174K$67K20xas long as short
Reya EIGENRUSDPERP+0.0511%1h0.2392−0.007%$83515xas long as short
Lighter EIGEN+0.0672%1h0.2397+0.226%$577K$392K5xas long as short
Hyperliquid EIGEN+0.0745%1h0.2399+0.293%$4.8M$1.5M5xas long as short