Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Binance+0.082%7-day average +0.037% · 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−$95as in the Price arb table

costs, in and out, $10k−$990.992% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 7 days−0.025%−$2 · spread now +0.082%, 7d avg +0.037%

Together, before fees−0.009%−$1 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: Gate is 0.045% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance EIGENUSDT	0.2415	0.0100	pay 0.0050% / 4h	2h 24m	$8.3M	$20.1M	75x
Short	Gate EIGEN_USDT	0.2417	0.0100	get 0.0050% / 4h	2h 24m	$723K	$672K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now +0.082%Rate

Funding earned: $0
Price spread: +0.082% → +0.037%: $4.51
Slippage, 4 orders: −$74.22
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$94.71
Costs to cover: 0.992%
Break-even: never at this rate

Slippage from Binance: live order book, 1 min ago; Gate: live order book, 61 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 Binance live order book, 1 min ago	2.07 bp	14.2 bp −$14	42.3 bp −$423	1021.7 bp −$102.2K	doesn't fit
Sell Gate live order book, 61 min ago	6.15 bp	39.5 bp −$40	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
Deribit EIGEN_USDC-PERPETUAL	−0.0330%	1h	0.2414	−0.046%	—	$86	10x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2415	−0.002%	$3K	—	5x	as long as short
01 Exchange EIGENUSD	0.0000%	1h	0.2414	−0.042%	$819	$5K	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+0.952%	$6	$6	5.5x	as long as short
BloFin EIGEN-USDT	+0.0048%	4h	0.2415	0.000%	$349K	$137K	75x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2417	+0.062%	$29K	$16K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2416	+0.048%	$44K	$24K	5x	as long as short
Binance EIGENUSDTlong	+0.0100%	4h	0.2415	long leg	$8.3M	$20.1M	75x
Bybit EIGENUSDT	+0.0100%	4h	0.2415	0.000%	$9.6M	$8.0M	50x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2415	0.000%	$1.6M	$5.1M	20x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate EIGEN_USDTshort	+0.0100%	4h	0.2417	+0.082%	$723K	$672K	50x
MEXC EIGEN_USDT	+0.0100%	4h	0.2415	0.000%	$8.5M	$2.2M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2416	+0.041%	$2.4M	$10.8M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2413	−0.083%	$1.9M	$1.4M	75x	as long as short
BingX EIGEN-USDC	+0.0100%	4h	0.2415	0.000%	—	$6.5M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2422	+0.286%	$203K	$152K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2414	−0.032%	$188K	$2.1M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2414	−0.042%	$36K	$235K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2415	0.000%	$2K	$2K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2414	−0.033%	$91K	$496K	10x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0144%	1h	0.2422	+0.273%	$43K	$161K	50x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2414	−0.027%	$2K	—	100x	as long as short
Lighter EIGEN	+0.0288%	1h	0.2419	+0.145%	$564K	$413K	5x	as long as short
Kraken Futures PF_EIGENUSD	+0.0309%	1h	0.2419	+0.162%	$174K	$68K	20x	as long as short
Hyperliquid EIGEN	+0.0470%	1h	0.2421	+0.248%	$4.8M	$1.5M	5x	as long as short
Reya EIGENRUSDPERP	+0.0512%	1h	0.2414	−0.029%	$843	—	15x	as long as short