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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h +0.045%
Price spread now: BloFin against Gate−0.249%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$980.980% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.443%+$44 on $10k
Price spread, last 4 days (all we have)+0.335%+$34 · spread now −0.249%, 7d avg +0.012%
Together, before fees+0.778%+$78 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.261% cheaper against Gate than usual: you would sell low and buy high (spread −0.249% now, against its 7-day average of +0.012%). If the spread goes back, that is −$26 on $10k: about 56 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.443% in total) that is about 4.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EIGEN_USDT0.24050.0100pay 0.0050% / 4h1h 10m$735K$595K50x
ShortBloFin EIGEN-USDT0.23990.0116get 0.0058% / 4h1h 10m$357K$117K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$3.28
Price spread: −0.249% → +0.012%
−$26.14
Slippage, 4 orders
−$71.04
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$120.9
Costs to cover
0.980%
Break-even
264.9 days
Slippage from Gate: live order book, 51 min ago; BloFin: live order book, 29 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 Gate live order book, 51 min ago4.16 bp34.5 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 29 min ago4.17 bp12.0 bp −$1227.9 bp −$279124.5 bp −$12.5Kdoesn'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
Bybit EIGENUSDT−0.0036%4h0.2406+0.050%$9.4M$7.5M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2397−0.353%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.372%$6$65.5xas long as short
01 Exchange EIGENUSD+0.0088%1h0.2393−0.499%$811$5K10xas long as short
Lighter EIGEN+0.0096%1h0.2413+0.316%$542K$504K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2401−0.146%$36K$20K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2406+0.052%$45K$39K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2407+0.098%$8.3M$20.5M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2407+0.083%$1.6M$4.9M20xas long as short
Gate EIGEN_USDTlong+0.0100%4h0.2405long leg$735K$595K50x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.2407+0.083%$8.3M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2407+0.083%$2.4M$10.3M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2406+0.042%$1.9M$1.5M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2402−0.125%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2400−0.207%$194K$124Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2403−0.083%$191K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2401−0.166%$35K$230K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.24050.000%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2408+0.119%$90K$640K10xas long as short
BloFin EIGEN-USDTshort+0.0116%4h0.2399−0.249%$357K$117K75x
Hyperliquid EIGEN+0.0124%1h0.2413+0.333%$4.7M$1.7M5xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2403−0.089%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0208%1h0.2409+0.158%$40K$247K50xas long as short
Deribit EIGEN_USDC-PERPETUAL+0.0249%1h0.2406+0.054%$4110xas long as short
Reya EIGENRUSDPERP+0.0517%1h0.2404−0.043%$83915xas long as short
Kraken Futures PF_EIGENUSD+0.0573%1h0.2408+0.121%$165K$103K20xas long as short