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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0194%/8h= −21.2% APRnext payment $0.24 per $10,000 · paid last 24h +0.061%
Price spread now: Kraken Futures against Reya+0.070%7-day average · you sell dearer than you buy
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 · farm boardneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.070% dearer against Reya than usual: you sell high and buy low (spread +0.070% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 29 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya EIGENRUSDPERP0.23830.0519pay 0.0065% / 1h54m 10s$83215x
ShortKraken Futures PF_EIGENUSD0.23840.0326get 0.0041% / 1h54m 10s$160K$109K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$40.64
Price spread: +0.070% → 0.000%
$6.97
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$49.67
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 58 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 Reya no order-book sample
Sell Kraken Futures live order book, 58 min ago12.38 bp46.9 bp −$47doesn't fitdoesn't fitdoesn't fit
Reya: 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
Bybit EIGENUSDT−0.0163%4h0.2382−0.022%$9.2M$7.1M50xas long as short
01 Exchange EIGENUSD−0.0072%1h0.2382−0.022%$808$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2385+0.084%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2383+0.011%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+2.328%$6$65.5xas long as short
Gate EIGEN_USDT+0.0072%4h0.2383+0.020%$716K$568K50xas long as short
Lighter EIGEN+0.0096%1h0.2388+0.217%$537K$507K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2384+0.041%$37K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2387+0.188%$4.6M$1.7M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2385+0.112%$44K$37K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EIGENUSDT+0.0100%4h0.2383+0.020%$8.2M$19.6M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2382−0.022%$1.6M$4.7M20xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2383+0.020%$8.0M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2385+0.104%$2.4M$9.9M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2379−0.148%$1.8M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2382−0.022%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2387+0.191%$213K$135Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2391+0.356%$182K$2.4M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2393+0.439%$35K$231K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2384+0.062%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2382−0.027%$91K$729K10xas long as short
BloFin EIGEN-USDT+0.0134%4h0.2379−0.148%$354K$113K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2383+0.021%$2K100xas long as short
Kraken Futures PF_EIGENUSDshort+0.0326%1h0.2384+0.070%$160K$109K20x
Coinbase International EIGEN-PERP-INTX+0.0360%1h0.2388+0.242%$41K$264K50xas long as short
Reya EIGENRUSDPERPlong+0.0519%1h0.2383long leg$83215x