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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0416%/8h= −45.5% APRpaid last 24h −0.121%
Price spread now: Aster against Reya−0.118%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Aster is 0.118% cheaper against Reya than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya EIGENRUSDPERP0.24070.0516pay 0.0064% / 1h32m 17s$84015x
ShortAster EIGENUSDT0.24040.0100get 0.0050% / 4h2h 32m$45K$39K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Reya. 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
−$87.27
Price spread: −0.118% → 0.000%
−$11.77
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$113.04
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Aster: no order-book sample. 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 Reya no order-book sample
Sell Aster no order-book sample
Reya and Aster: 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 25 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−0.0071%4h0.2406−0.054%$9.4M$7.9M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2404−0.153%$3K5xas long as short
01 Exchange EIGENUSD0.0000%1h0.2406−0.054%$816$5K10xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.276%$6$65.5xas long as short
Deribit EIGEN_USDC-PERPETUAL+0.0041%1h0.2406−0.045%$4110xas long as short
Lighter EIGEN+0.0096%1h0.2409+0.071%$541K$505K5xas long as short
Coinbase International EIGEN-PERP-INTX+0.0096%1h0.2407+0.009%$41K$231K50xas long as short
Nado EIGEN-PERP+0.0100%1h0.2407−0.012%$36K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2412+0.196%$4.7M$1.7M5xas long as short
Aster EIGENUSDTshort+0.0100%4h0.2404−0.118%$45K$39K5x
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EIGENUSDT+0.0100%4h0.2406−0.054%$8.3M$20.9M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2405−0.095%$1.6M$5.1M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2405−0.095%$745K$597K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2406−0.054%$8.3M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2407−0.012%$2.4M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2406−0.054%$1.9M$1.5M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2404−0.137%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2396−0.485%$194K$129Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2395−0.513%$185K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2395−0.511%$35K$239K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2406−0.054%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2405−0.091%$89K$639K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2405−0.076%$2K100xas long as short
Reya EIGENRUSDPERPlong+0.0516%1h0.2407long leg$84015x
Kraken Futures PF_EIGENUSD+0.0599%1h0.2408+0.011%$164K$95K20xas long as short