Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.036%

Price spread now: Aster against Deribit−0.103%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on Aster

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aster is 0.103% cheaper against Deribit than usual: you would sell low and buy high (spread −0.103% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 3.4 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit EIGEN_USDC-PERPETUAL	0.2374	0	get 0.0000% / 1h	55m 50s	—	$41	10x
Short	Aster EIGENUSDT	0.2372	0.0100	get 0.0050% / 4h	3h 55m	$44K	$26K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Deribit. 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 DeribitbpFee AsterbpOrdersPrice spread, now −0.103%Rate

Funding earned: $21
Price spread: −0.103% → 0.000%: −$10.29
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Aster: 4 bp × 2 orders: −$8
Net: −$4.29
Costs to cover: 0.150%
Break-even: 8.4 days

Slippage unknown: Deribit: no order-book sample; Aster: 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 Deribit no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Deribit and Aster: 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
01 Exchange EIGENUSD	−0.6312%	1h	0.2331	−1.828%	$790	$5K	10x	as long as short
Bybit EIGENUSDT	−0.0107%	4h	0.2369	−0.244%	$8.9M	$7.4M	50x	as long as short
Kraken Futures PF_EIGENUSD	−0.0079%	1h	0.2377	+0.109%	$159K	$116K	20x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2381	+0.260%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUALlong	0.0000%	1h	0.2374	long leg	—	$41	10x
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+2.679%	$6	$6	5.5x	as long as short
BloFin EIGEN-USDT	+0.0056%	4h	0.2372	−0.101%	$350K	$112K	75x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2378	+0.156%	$534K	$495K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2378	+0.152%	$36K	$20K	3x	as long as short
Hyperliquid EIGEN	+0.0100%	1h	0.2373	−0.059%	$4.5M	$1.8M	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster EIGENUSDTshort	+0.0100%	4h	0.2372	−0.103%	$44K	$26K	5x
Binance EIGENUSDT	+0.0100%	4h	0.2369	−0.227%	$8.0M	$20.1M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2367	−0.312%	$1.6M	$4.7M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2373	−0.059%	$705K	$590K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2370	−0.185%	$8.0M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2371	−0.143%	$2.4M	$9.7M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2371	−0.143%	$1.8M	$1.3M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2372	−0.101%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2374	−0.033%	$208K	$136K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2370	−0.180%	$184K	$2.7M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2370	−0.185%	$34K	$233K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2376	+0.067%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2368	−0.285%	$90K	$687K	10x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2375	+0.006%	$2K	—	100x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0504%	1h	0.2377	+0.122%	$39K	$277K	50x	as long as short
Reya EIGENRUSDPERP	+0.0522%	1h	0.2376	+0.047%	$829	—	15x	as long as short