Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0145%/8h= +15.9% APRpaid last 24h +0.093%

Price spread now: BloFin against 01 Exchange−0.167%98s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on BloFin

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. BloFin is 0.167% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.167% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 3.8 days of funding at the current rate (+$4 a day). The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange EIGENUSD	0.2395	−0.0032	get 0.0004% / 1h	47m 34s	$812	$5K	10x
Short	BloFin EIGEN-USDT	0.2391	0.0113	get 0.0057% / 4h	2h 47m	$350K	$135K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against 01 Exchange. 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

Position, each leg$Hold fordaysFee 01 ExchangebpFee BloFinbpOrdersPrice spread, now −0.167%Rate

Funding earned: $30.51
Price spread: −0.167% → 0.000%: −$16.7
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$5.19
Costs to cover: 0.190%
Break-even: 8.2 days

Slippage unknown: 01 Exchange: no order-book sample; BloFin: live order book, 37 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy 01 Exchange no order-book sample	—	—	—	—	—
Sell BloFin live order book, 37 min ago	2.06 bp	16.1 bp −$16	29.9 bp −$299	148.0 bp −$14.8K	doesn't fit

01 Exchange: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange EIGENUSDlong	−0.0032%	1h	0.2395	long leg	$812	$5K	10x
dYdX EIGEN-USD	0.0000%	1h	0.2397	+0.084%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2397	+0.063%	—	$86	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+1.795%	$6	$6	5.5x	as long as short
Bybit EIGENUSDT	+0.0052%	4h	0.2396	+0.029%	$9.6M	$8.0M	50x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2396	+0.042%	$29K	$16K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2397	+0.068%	$44K	$24K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2395	+0.016%	$8.2M	$20.1M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2394	−0.042%	$1.6M	$5.0M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2394	−0.042%	$716K	$672K	50x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC EIGEN_USDT	+0.0100%	4h	0.2395	0.000%	$8.4M	$2.2M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2396	+0.042%	$2.3M	$10.8M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2395	0.000%	$1.9M	$1.4M	75x	as long as short
BingX EIGEN-USDC	+0.0100%	4h	0.2395	0.000%	—	$6.5M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2391	−0.167%	$201K	$152K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2392	−0.124%	$187K	$2.1M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2390	−0.209%	$36K	$235K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2396	+0.042%	$2K	$2K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2395	−0.012%	$90K	$496K	10x	as long as short
BloFin EIGEN-USDTshort	+0.0113%	4h	0.2391	−0.167%	$350K	$135K	75x
Coinbase International EIGEN-PERP-INTX	+0.0144%	1h	0.2399	+0.146%	$42K	$159K	50x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0194% / S −0.0568%	1h	0.2396	+0.048%	$2K	—	100x	as long as short
Kraken Futures PF_EIGENUSD	+0.0312%	1h	0.2400	+0.206%	$174K	$67K	20x	as long as short
Reya EIGENRUSDPERP	+0.0511%	1h	0.2395	+0.015%	$836	—	15x	as long as short
Lighter EIGEN	+0.0680%	1h	0.2400	+0.221%	$578K	$392K	5x	as long as short
Hyperliquid EIGEN	+0.0783%	1h	0.2402	+0.292%	$4.8M	$1.5M	5x	as long as short