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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.011%
Price spread now: Coinbase International against Extended+0.151%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$1011.008% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.044%−$4 on $10k
Price spread, last 3 days (all we have)−0.068%−$7 · spread now +0.151%, 7d avg +0.062%
Together, before fees−0.112%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.089% dearer against Extended than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EIGEN-USD0.24080.0104pay 0.0013% / 1h18m 47s$91K$496K10x
ShortCoinbase International EIGEN-PERP-INTX0.24120.0200get 0.0025% / 1h18m 47s$42K$159K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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
$20.16
Price spread: +0.151% → +0.062%
$8.85
Slippage, 4 orders
−$85.79
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$71.78
Costs to cover
1.008%
Break-even
31.9 days
Slippage from Extended: live order book, 64 min ago; Coinbase International: live order book, 64 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 Extended live order book, 64 min ago8.29 bp28.0 bp −$28198.1 bp −$1,981doesn't fitdoesn't fit
Sell Coinbase International live order book, 64 min ago0.21 bp13.1 bp −$13doesn't fitdoesn't fitdoesn'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
01 Exchange EIGENUSD−0.0120%1h0.2406−0.082%$816$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2410+0.068%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2408−0.007%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.247%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0044%4h0.2409+0.043%$347K$133K75xas long as short
Lighter EIGEN+0.0096%1h0.2411+0.122%$542K$431K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2408+0.001%$28K$17K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2411+0.126%$4.7M$1.5M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2408−0.004%$44K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2406−0.072%$8.2M$20.0M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EIGENUSDT+0.0100%4h0.2406−0.098%$9.6M$7.8M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2406−0.082%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2404−0.165%$720K$638K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2406−0.082%$9.0M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2407−0.040%$2.3M$10.6M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2405−0.123%$1.9M$1.3M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2407−0.040%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2409+0.051%$201K$132Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2410+0.084%$185K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2410+0.084%$35K$237K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2408+0.001%$2K$1K10xas long as short
Extended EIGEN-USDlong+0.0104%1h0.2408long leg$91K$496K10x
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2408+0.015%$2K100xas long as short
Coinbase International EIGEN-PERP-INTXshort+0.0200%1h0.2412+0.151%$42K$159K50x
Reya EIGENRUSDPERP+0.0513%1h0.2409+0.033%$84115xas long as short
Kraken Futures PF_EIGENUSD+0.0681%1h0.2409+0.054%$174K$68K20xas long as short