Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: OKX against ApeX Omni+0.168%110s7-day average −0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as 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−$960.957% of the position

Long on ApeX Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.023%−$2 on $10k

Price spread, last 4 days (all we have)−0.310%−$31 · spread now +0.168%, 7d avg −0.067%

Together, before fees−0.332%−$33 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: OKX is 0.235% dearer against ApeX Omni than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.067%. The two prices were read 110 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	0.2384	0.0100	pay 0.0013% / 1h	19m 41s	$35K	$230K	50x
Short	OKX EIGEN-USDT-SWAP	0.2388	0.0100	get 0.0050% / 4h	3h 19m	$1.6M	$4.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.168%Rate

Funding earned: $0
Price spread: +0.168% → −0.067%: $23.52
Slippage, 4 orders: −$75.72
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$72.21
Costs to cover: 0.957%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 32 min ago; OKX: live order book, 3 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, 32 min ago	12.43 bp	25.4 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	2.10 bp	18.2 bp −$18	90.3 bp −$903	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
dYdX EIGEN-USD	0.0000%	1h	0.2393	+0.357%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2394	+0.403%	—	$41	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+2.265%	$6	$6	5.5x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2397	+0.554%	$539K	$506K	5x	as long as short
BloFin EIGEN-USDT	+0.0098%	4h	0.2391	+0.294%	$356K	$115K	75x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2396	+0.524%	$37K	$20K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2393	+0.391%	$44K	$37K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2390	+0.246%	$8.2M	$19.8M	75x	as long as short
Bybit EIGENUSDT	+0.0100%	4h	0.2389	+0.218%	$9.3M	$7.1M	50x	as long as short
OKX EIGEN-USDT-SWAPshort	+0.0100%	4h	0.2388	+0.168%	$1.6M	$4.8M	20x

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate EIGEN_USDT	+0.0100%	4h	0.2392	+0.336%	$721K	$573K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2390	+0.252%	$8.0M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2392	+0.336%	$2.4M	$9.9M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2394	+0.419%	$1.9M	$1.4M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2394	+0.419%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2393	+0.360%	$214K	$135K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2387	+0.132%	$188K	$2.4M	10x	as long as short
ApeX Omni EIGENUSDTlong	+0.0100%	1h	0.2384	long leg	$35K	$230K	50x
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2396	+0.503%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2393	+0.384%	$88K	$439K	10x	as long as short
Kraken Futures PF_EIGENUSD	+0.0108%	1h	0.2395	+0.441%	$162K	$105K	20x	as long as short
01 Exchange EIGENUSD	+0.0152%	1h	0.2397	+0.545%	$813	$5K	10x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2395	+0.465%	$2K	—	100x	as long as short
Hyperliquid EIGEN	+0.0210%	1h	0.2397	+0.545%	$4.6M	$1.7M	5x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0312%	1h	0.2396	+0.512%	$41K	$261K	50x	as long as short
Reya EIGENRUSDPERP	+0.0519%	1h	0.2396	+0.485%	$836	—	15x	as long as short