Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: BingX against ApeX Omni−0.415%53s7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$272as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2722.723% of the position

Long on ApeX Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.415% cheaper against ApeX Omni than usual: you would sell low and buy high, −$42 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 53 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	ApeX Omni EIGENUSDT	0.2409	0.0100	pay 0.0013% / 1h	46m 31s	$35K	$238K	50x
Short	BingX EIGEN-USDC	0.2399	0.0100	get 0.0050% / 4h	2h 46m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against ApeX Omni. 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 ApeX OmnibpFee BingXbpOrdersPrice spread, now −0.415%Rate

Funding earned: $0
Price spread: −0.415% → 0.000%: −$41.51
Slippage, 4 orders: −$252.31
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$313.82
Costs to cover: 2.723%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 20 min ago; BingX: live order book, 4 min ago.

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 ApeX Omni live order book, 20 min ago	8.19 bp	20.9 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	6.24 bp	117.3 bp −$117	doesn't fit	doesn't fit	doesn't fit

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
Bybit EIGENUSDT	−0.0071%	4h	0.2399	−0.403%	$9.4M	$7.9M	50x	as long as short
01 Exchange EIGENUSD	−0.0056%	1h	0.2392	−0.706%	$811	$5K	10x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2402	−0.274%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2402	−0.274%	—	$46	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+1.204%	$6	$6	5.5x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0096%	1h	0.2406	−0.129%	$41K	$223K	50x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2401	−0.353%	$36K	$20K	3x	as long as short
Hyperliquid EIGEN	+0.0100%	1h	0.2405	−0.166%	$4.7M	$1.6M	5x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2404	−0.197%	$45K	$39K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2401	−0.333%	$8.3M	$20.8M	75x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2398	−0.457%	$1.6M	$5.0M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2400	−0.374%	$742K	$592K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2401	−0.332%	$8.3M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2402	−0.291%	$2.3M	$10.4M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2401	−0.332%	$1.9M	$1.5M	75x	as long as short
BingX EIGEN-USDCshort	+0.0100%	4h	0.2399	−0.415%	—	$6.5M	—
Variational Omni EIGEN	+0.0100%	4h	0.2402	−0.306%	$195K	$129K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2407	−0.083%	$188K	$2.2M	10x	as long as short
ApeX Omni EIGENUSDTlong	+0.0100%	1h	0.2409	long leg	$35K	$238K	50x
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2404	−0.208%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2400	−0.389%	$90K	$639K	10x	as long as short
BloFin EIGEN-USDT	+0.0123%	4h	0.2407	−0.083%	$357K	$125K	75x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2405	−0.169%	$2K	—	100x	as long as short
Lighter EIGEN	+0.0232%	1h	0.2408	−0.058%	$572K	$473K	5x	as long as short
Reya EIGENRUSDPERP	+0.0515%	1h	0.2400	−0.394%	$838	—	15x	as long as short
Kraken Futures PF_EIGENUSD	+0.0600%	1h	0.2403	−0.246%	$163K	$92K	20x	as long as short