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

EIGEN

all EIGEN markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0066%/8h= +7.3% APRpaid last 24h +0.027%
Price spread now: ApeX Omni against Bybit−0.447%59s7-day average +0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1000.999% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.163%+$16 on $10k
Price spread, last 4 days (all we have)+0.921%+$92 · spread now −0.447%, 7d avg +0.093%
Together, before fees+1.084%+$108 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.540% cheaper against Bybit than usual: you would sell low and buy high (spread −0.447% now, against its 7-day average of +0.093%). If the spread goes back, that is −$54 on $10k: about 27 days of funding at the current rate (+$2 a day). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EIGENUSDT0.24190.0034pay 0.0017% / 4h1h 56m$9.4M$7.7M50x
ShortApeX Omni EIGENUSDT0.24080.0100get 0.0013% / 1h56m 27s$35K$231K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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
$13.91
Price spread: −0.447% → +0.093%
−$53.99
Slippage, 4 orders
−$78.88
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$139.97
Costs to cover
0.999%
Break-even
77.5 days
Slippage from Bybit: live order book, 2 min ago; ApeX Omni: live order book, 5 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 Bybit live order book, 2 min ago6.26 bp23.0 bp −$23178.4 bp −$1,784doesn't fitdoesn't fit
Sell ApeX Omni live order book, 5 min ago10.38 bp26.4 bp −$26doesn't fitdoesn't fitdoesn't fit

EIGEN on 25 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%1h0.2412−0.281%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2397−0.918%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+0.794%$6$65.5xas long as short
Bybit EIGENUSDTlong+0.0034%4h0.2419long leg$9.4M$7.7M50x
Lighter EIGEN+0.0096%1h0.2419+0.021%$544K$504K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2419+0.029%$36K$20K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2408−0.446%$45K$39K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2419+0.008%$8.3M$20.6M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2419+0.008%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2414−0.198%$739K$587K50xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.2418−0.033%$8.3M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2418−0.033%$2.4M$10.4M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2418−0.033%$1.9M$1.5M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2418−0.033%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2407−0.485%$195K$124Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2406−0.529%$191K$2.2M10xas long as short
ApeX Omni EIGENUSDTshort+0.0100%1h0.2408−0.447%$35K$231K50x
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2398−0.860%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2419+0.001%$89K$639K10xas long as short
01 Exchange EIGENUSD+0.0112%1h0.2420+0.050%$821$5K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2398−0.866%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0208%1h0.2400−0.794%$40K$234K50xas long as short
Hyperliquid EIGEN+0.0291%1h0.2425+0.256%$4.8M$1.7M5xas long as short
Reya EIGENRUSDPERP+0.0516%1h0.2418−0.016%$84415xas long as short
Kraken Futures PF_EIGENUSD+0.0575%1h0.2400−0.789%$164K$98K20xas long as short