Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h −0.037%

Price spread now: 01 Exchange against Binance+0.273%7-day average — · you sell dearer than you buy

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

Long on Binance Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. 01 Exchange is 0.273% dearer against Binance than usual: you sell high and buy low (spread +0.273% now, against zero (this spread has no 7-day history yet)): +$27 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance EIGENUSDT	0.2399	0.0100	pay 0.0050% / 4h	1h 09m	$8.3M	$20.5M	75x
Short	01 Exchange EIGENUSD	0.2406	0.0088	get 0.0011% / 1h	9m 46s	$816	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.273%Rate

Funding earned: −$2.52
Price spread: +0.273% → 0.000%: $27.28
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $7.76
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Binance: live order book, 1 min ago; 01 Exchange: no order-book sample. 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 Binance live order book, 1 min ago	2.08 bp	14.5 bp −$14	52.2 bp −$522	1431.5 bp −$143.2K	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

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
Bybit EIGENUSDT	−0.0040%	4h	0.2399	−0.006%	$9.3M	$7.5M	50x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2407	+0.294%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2401	+0.073%	—	$41	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+1.606%	$6	$6	5.5x	as long as short
01 Exchange EIGENUSDshort	+0.0088%	1h	0.2406	+0.273%	$816	$5K	10x
Lighter EIGEN	+0.0096%	1h	0.2409	+0.377%	$541K	$504K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2402	+0.127%	$36K	$20K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2402	+0.117%	$45K	$39K	5x	as long as short
Binance EIGENUSDTlong	+0.0100%	4h	0.2399	long leg	$8.3M	$20.5M	75x
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2399	−0.019%	$1.6M	$4.9M	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_USDT	+0.0100%	4h	0.2399	−0.019%	$732K	$595K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2400	+0.023%	$8.1M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2402	+0.106%	$2.4M	$10.3M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2401	+0.064%	$1.9M	$1.5M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2401	+0.064%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2400	+0.024%	$194K	$124K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2403	+0.148%	$191K	$2.2M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2401	+0.064%	$35K	$230K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2402	+0.106%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2400	+0.018%	$90K	$640K	10x	as long as short
BloFin EIGEN-USDT	+0.0116%	4h	0.2399	−0.019%	$357K	$117K	75x	as long as short
Hyperliquid EIGEN	+0.0124%	1h	0.2404	+0.189%	$4.7M	$1.7M	5x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2401	+0.065%	$2K	—	100x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0208%	1h	0.2405	+0.231%	$40K	$247K	50x	as long as short
Reya EIGENRUSDPERP	+0.0517%	1h	0.2403	+0.145%	$839	—	15x	as long as short
Kraken Futures PF_EIGENUSD	+0.0574%	1h	0.2403	+0.156%	$164K	$104K	20x	as long as short