Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0100%/8hpaid last 24h −0.036%

Price spread now: Deribit against Bitget+0.100%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 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. Deribit is 0.100% dearer against Bitget than usual: you sell high and buy low (spread +0.100% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget EIGENUSDT	0.2406	0.0100	pay 0.0050% / 4h	12m 58s	$1.8M	$1.4M	75x
Short	Deribit EIGEN_USDC-PERPETUAL	0.2408	0	get 0.0000% / 1h	12m 58s	—	$86	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Bitget. 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 BitgetbpFee DeribitbpOrdersPrice spread, now +0.100%Rate

Funding earned: −$21
Price spread: +0.100% → 0.000%: $9.98
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$30.02
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 3 min ago; Deribit: 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 Bitget live order book, 3 min ago	4.16 bp	24.0 bp −$24	67.7 bp −$677	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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	−0.0287%	4h	0.2408	+0.079%	$9.6M	$7.9M	50x	as long as short
Kraken Futures PF_EIGENUSD	−0.0229%	1h	0.2413	+0.298%	$175K	$72K	20x	as long as short
01 Exchange EIGENUSD	−0.0080%	1h	0.2406	0.000%	$766	$60	10x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2407	+0.062%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUALshort	0.0000%	1h	0.2408	+0.100%	—	$86	10x
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+1.330%	$6	$6	5.5x	as long as short
BloFin EIGEN-USDT	+0.0087%	4h	0.2410	+0.166%	$353K	$133K	75x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2410	+0.154%	$544K	$350K	5x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2409	+0.123%	$44K	$24K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2406	−0.016%	$8.1M	$19.3M	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	0.2405	−0.042%	$1.7M	$4.8M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2406	0.000%	$717K	$677K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2406	0.000%	$8.3M	$2.1M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2408	+0.083%	$2.4M	$10.3M	50x	as long as short
Bitget EIGENUSDTlong	+0.0100%	4h	0.2406	long leg	$1.8M	$1.4M	75x
BingX EIGEN-USDT	+0.0100%	4h	0.2407	+0.042%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2405	−0.038%	$199K	$143K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2412	+0.234%	$193K	$1.9M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2412	+0.249%	$35K	$234K	50x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2409	+0.145%	$27K	$15K	3x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2407	+0.042%	$2K	$2K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2405	−0.052%	$89K	$494K	10x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0152%	1h	0.2408	+0.083%	$41K	$157K	50x	as long as short
Hyperliquid EIGEN	+0.0170%	1h	0.2412	+0.249%	$4.8M	$1.5M	5x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2408	+0.101%	$2K	—	100x	as long as short
Reya EIGENRUSDPERP	+0.0510%	1h	0.2407	+0.034%	$840	—	15x	as long as short