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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0020%/8h= −2.2% APRnext payment $0.10 per $10,000 · paid last 24h −0.019%
Price spread now: Bybit against Orderly−0.037%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 5 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 Bybit is 0.037% cheaper against Orderly than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_EIGEN_USDC_mythos0.24310.0100pay 0.0050% / 4h34m 18s$2K$1K10x
ShortBybit EIGENUSDT0.24300.0080get 0.0040% / 4h34m 18s$9.7M$7.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Orderly. 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
−$4.21
Price spread: −0.037% → 0.000%
−$3.7
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$24.91
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 4 min ago. 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 Orderly no order-book sample
Sell Bybit live order book, 4 min ago2.05 bp17.5 bp −$1751.1 bp −$511doesn't fitdoesn't fit
Orderly: 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
Deribit EIGEN_USDC-PERPETUAL−0.0120%1h0.2430−0.033%$8610xas long as short
01 Exchange EIGENUSD−0.0080%1h0.2430−0.041%$824$5K10xas long as short
Kraken Futures PF_EIGENUSD−0.0016%1h0.2434+0.114%$175K$68K20xas long as short
dYdX EIGEN-USD0.0000%1h0.2432+0.062%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+0.288%$6$65.5xas long as short
Bybit EIGENUSDTshort+0.0080%4h0.2430−0.037%$9.7M$7.7M50x
Nado EIGEN-PERP+0.0100%1h0.2432+0.062%$32K$18K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2433+0.078%$46K$30K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2430−0.041%$8.3M$20.0M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2429−0.082%$1.6M$5.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.2430−0.041%$733K$639K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.24310.000%$8.6M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.24310.000%$2.3M$10.6M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2430−0.041%$1.9M$1.3M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.24310.000%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2432+0.050%$203K$127Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2436+0.206%$189K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2437+0.247%$36K$237K50xas long as short
Orderly PERP_EIGEN_USDC_mythoslong+0.0100%4h0.2431long leg$2K$1K10x
Extended EIGEN-USD+0.0104%1h0.2431−0.004%$92K$496K10xas long as short
BloFin EIGEN-USDT+0.0138%4h0.2434+0.123%$353K$135K75xas long as short
Coinbase International EIGEN-PERP-INTX+0.0160%1h0.2435+0.160%$42K$159K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2432+0.028%$2K100xas long as short
Hyperliquid EIGEN+0.0331%1h0.2438+0.288%$4.8M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0514%1h0.2430−0.024%$84815xas long as short
Lighter EIGEN+0.0616%1h0.2436+0.218%$561K$443K5xas long as short