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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0111%/8h= −12.1% APRnext payment $0.14 per $10,000 · paid last 24h +0.032%
Price spread now: Injective against Coinbase International+1.689%64s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Injective is 1.689% dearer against Coinbase International than usual: you sell high and buy low (spread +1.689% now, against zero (this spread has no 7-day history yet)): +$169 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 51 days. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International EIGEN-PERP-INTX0.23970.0144pay 0.0018% / 1h9m 48s$42K$160K50x
ShortInjective EIGEN/USDC PERP0.24380.0033get 0.0004% / 1h9m 48s$6$65.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Coinbase International. 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
−$23.24
Price spread: +1.689% → 0.000%
$168.93
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$135.67
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Coinbase International: live order book, 13 min ago; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 13 min ago0.21 bp31.6 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange EIGENUSD−0.0008%1h0.2394−0.146%$812$5K10xas long as short
Deribit EIGEN_USDC-PERPETUAL−0.0001%1h0.2393−0.188%$8610xas long as short
dYdX EIGEN-USD0.0000%1h0.2394−0.151%$3K5xas long as short
Injective EIGEN/USDC PERPshort+0.0033%1h0.2438+1.689%$6$65.5x
Nado EIGEN-PERP+0.0100%1h0.2395−0.104%$29K$16K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2392−0.214%$46K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2392−0.229%$8.2M$20.2M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2392−0.229%$9.6M$8.0M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2391−0.271%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2392−0.229%$716K$674K50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.2392−0.229%$8.5M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2393−0.188%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2393−0.188%$1.9M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2392−0.229%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2393−0.169%$201K$152Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2402+0.187%$187K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2408+0.438%$35K$235K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2393−0.188%$2K$2K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2392−0.250%$91K$496K10xas long as short
Coinbase International EIGEN-PERP-INTXlong+0.0144%1h0.2397long leg$42K$160K50x
Lighter EIGEN+0.0152%1h0.2396−0.050%$540K$434K5xas long as short
BloFin EIGEN-USDT+0.0158%4h0.2394−0.146%$349K$136K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2395−0.118%$2K100xas long as short
Hyperliquid EIGEN+0.0299%1h0.2397−0.021%$4.7M$1.5M5xas long as short
Kraken Futures PF_EIGENUSD+0.0312%1h0.2395−0.088%$173K$68K20xas long as short
Reya EIGENRUSDPERP+0.0512%1h0.2394−0.142%$83615xas long as short