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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against OKX+0.711%111s7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1101.099% of the position
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−0.669%−$67 · spread now +0.711%, 7d avg +0.027%
Together, before fees−0.643%+ Points / potential airdropGRVT: Active · farm board−$64 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: GRVT is 0.683% dearer against OKX than usual: you sell high and buy low, +$68 on $10k if it goes back to its 7-day average of +0.027%. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EIGEN-USDT-SWAP0.23650.0100pay 0.0050% / 4h2h 39m$1.6M$4.7M20x
ShortGRVT EIGEN_USDT_Perp0.23820.0100get 0.0050% / 4h2h 39m$184K$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
Price spread: +0.711% → +0.027%
$68.34
Slippage, 4 orders
−$90.9
Fee OKX: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$41.55
Costs to cover
1.099%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; GRVT: live order book, 4 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 ago4.22 bp21.0 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 4 min ago2.11 bp22.3 bp −$2264.6 bp −$646doesn'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
Bybit EIGENUSDT−0.0295%4h0.2367+0.072%$9.1M$7.1M50xas long as short
01 Exchange EIGENUSD−0.0072%1h0.2366+0.042%$802$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2369+0.154%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2370+0.211%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+3.087%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0066%4h0.2371+0.254%$352K$113K75xas long as short
Lighter EIGEN+0.0096%1h0.2371+0.245%$533K$507K5xas long as short
Gate EIGEN_USDT+0.0098%4h0.2366+0.042%$711K$571K50xas long as short
Nado EIGEN-PERP+0.0100%1h0.23650.000%$36K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2370+0.211%$4.5M$1.7M5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EIGENUSDT+0.0100%4h0.2369+0.180%$44K$37K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2369+0.161%$8.1M$19.8M75xas long as short
OKX EIGEN-USDT-SWAPlong+0.0100%4h0.2365long leg$1.6M$4.7M20x
MEXC EIGEN_USDT+0.0100%4h0.2369+0.169%$8.1M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2367+0.085%$2.4M$9.9M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2366+0.042%$1.8M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2368+0.127%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2367+0.089%$212K$135Kas long as short
GRVT EIGEN_USDT_Perpshort+0.0100%4h0.2382+0.711%$184K$2.4M10x
ApeX Omni EIGENUSDT+0.0100%1h0.2376+0.465%$35K$231K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2370+0.211%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2367+0.068%$91K$729K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2368+0.124%$2K100xas long as short
Kraken Futures PF_EIGENUSD+0.0327%1h0.2371+0.235%$158K$110K20xas long as short
Coinbase International EIGEN-PERP-INTX+0.0360%1h0.2370+0.228%$41K$263K50xas long as short
Reya EIGENRUSDPERP+0.0519%1h0.2366+0.033%$82615xas long as short