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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.019%
Price spread now: Bybit against ApeX Omni−0.664%69s7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$950.951% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.155%−$15 on $10k
Price spread, last 3 days (all we have)+0.360%+$36 · spread now −0.664%, 7d avg −0.080%
Together, before fees+0.205%+$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.584% cheaper against ApeX Omni than usual: you would sell low and buy high, −$58 on $10k if it goes back to its 7-day average of −0.080%. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni EIGENUSDT0.24080.0100pay 0.0013% / 1h12m 23s$35K$235K50x
ShortBybit EIGENUSDT0.23920.0100get 0.0050% / 4h2h 12m$9.6M$8.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: −0.664% → −0.080%
−$58.42
Slippage, 4 orders
−$74.1
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$153.52
Costs to cover
0.951%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 9 min ago; Bybit: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 9 min ago8.28 bp22.6 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 6 min ago2.08 bp25.3 bp −$2565.4 bp −$654doesn't fitdoesn't fit

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−0.0583%1h0.2399−0.395%$8610xas long as short
01 Exchange EIGENUSD−0.0008%1h0.2391−0.706%$811$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2396−0.504%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.246%$6$65.5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2392−0.644%$29K$16K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2395−0.547%$46K$26K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2393−0.623%$8.2M$20.2M75xas long as short
Bybit EIGENUSDTshort+0.0100%4h0.2392−0.664%$9.6M$8.0M50x
OKX EIGEN-USDT-SWAP+0.0100%4h0.2392−0.664%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2391−0.706%$715K$673K50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.2392−0.664%$8.5M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2394−0.581%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2390−0.748%$1.9M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2393−0.623%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2408−0.004%$203K$152Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2412+0.172%$188K$2.1M10xas long as short
ApeX Omni EIGENUSDTlong+0.0100%1h0.2408long leg$35K$235K50x
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2391−0.706%$2K$2K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2391−0.708%$91K$496K10xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2415+0.299%$42K$161K50xas long as short
BloFin EIGEN-USDT+0.0145%4h0.2404−0.166%$350K$136K75xas long as short
Lighter EIGEN+0.0192%1h0.2398−0.411%$549K$416K5xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2394−0.597%$2K100xas long as short
Kraken Futures PF_EIGENUSD+0.0312%1h0.2402−0.256%$173K$68K20xas long as short
Hyperliquid EIGEN+0.0344%1h0.2395−0.540%$4.7M$1.5M5xas long as short
Reya EIGENRUSDPERP+0.0512%1h0.2392−0.683%$83515xas long as short