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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.8% APRnext payment $0.13 per $10,000 · paid last 24h −0.035%
Price spread now: Binance against BloFin−0.588%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$660.662% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.449%−$45 on $10k
Price spread, last 4 days (all we have)+0.615%+$62 · spread now −0.588%, 7d avg +0.004%
Together, before fees+0.166%+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.593% cheaper against BloFin than usual: you would sell low and buy high (−$59 if the spread goes back to its 7-day average of +0.004%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EIGEN-USDT0.24020.0125pay 0.0063% / 4h3h 27m$355K$115K75x
ShortBinance EIGENUSDT0.23880.0100get 0.0050% / 4h3h 27m$8.2M$19.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
−$5.29
Price spread: −0.588% → +0.004%
−$59.27
Slippage, 4 orders
−$44.24
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$130.8
Costs to cover
0.662%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; Binance: live order book, 14 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 BloFin live order book, 3 min ago2.08 bp19.3 bp −$1940.2 bp −$402doesn't fitdoesn't fit
Sell Binance live order book, 14 min ago2.09 bp18.5 bp −$1843.0 bp −$430414.6 bp −$41.5Kdoesn'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
dYdX EIGEN-USD0.0000%1h0.2395−0.311%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2390−0.512%$4110xas long as short
Gate EIGEN_USDT+0.0014%4h0.2386−0.666%$721K$569K50xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.499%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2395−0.296%$539K$504K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2392−0.416%$37K$20K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2388−0.567%$44K$37K5xas long as short
Binance EIGENUSDTshort+0.0100%4h0.2388−0.588%$8.2M$19.7M75x
Bybit EIGENUSDT+0.0100%4h0.2387−0.624%$9.3M$7.1M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2387−0.624%$1.6M$4.8M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.2389−0.541%$8.0M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2391−0.458%$2.4M$9.9M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2388−0.583%$1.9M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2389−0.541%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2407+0.211%$215K$135Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2403+0.032%$186K$2.4M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2406+0.167%$35K$231K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2390−0.500%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2390−0.492%$88K$642K10xas long as short
Kraken Futures PF_EIGENUSD+0.0108%1h0.2390−0.486%$163K$104K20xas long as short
BloFin EIGEN-USDTlong+0.0125%4h0.2402long leg$355K$115K75x
01 Exchange EIGENUSD+0.0144%1h0.2392−0.416%$811$5K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2391−0.473%$2K100xas long as short
Hyperliquid EIGEN+0.0196%1h0.2393−0.375%$4.6M$1.7M5xas long as short
Coinbase International EIGEN-PERP-INTX+0.0312%1h0.2392−0.433%$39K$255K50xas long as short
Reya EIGENRUSDPERP+0.0519%1h0.2393−0.370%$83515xas long as short