EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0144%/8h= −15.8% APRnext payment −$0.72 per $10,000 · paid last 24h −0.019%

Price spread now: Bybit against Gate0.000%7-day average −0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$950.951% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.159%−$16 on $10k

Price spread, last 7 days−0.108%−$11 · spread now 0.000%, 7d avg −0.066%

Together, before fees−0.266%−$27 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.066% dearer against Gate than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.066%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 37 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate EIGEN_USDT	0.2436	0.0100	pay 0.0050% / 4h	1m 59s	$736K	$651K	50x
Short	Bybit EIGENUSDT	0.2436	−0.0044	pay 0.0022% / 4h	1m 59s	$9.7M	$7.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee GatebpFee BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$30.21
Price spread: 0.000% → −0.066%: $6.57
Slippage, 4 orders: −$69.14
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$118.78
Costs to cover: 0.951%
Break-even: never at this rate

Slippage from Gate: live order book, 10 min ago; Bybit: live order book, 6 min ago.

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 Gate live order book, 10 min ago	2.07 bp	29.4 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 6 min ago	4.12 bp	20.3 bp −$20	56.2 bp −$562	doesn't fit	doesn't fit

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
Deribit EIGEN_USDC-PERPETUAL	−0.0284%	1h	0.2435	−0.049%	—	$86	10x	as long as short
01 Exchange EIGENUSD	−0.0128%	1h	0.2434	−0.082%	$825	$5K	10x	as long as short
Bybit EIGENUSDTshort	−0.0044%	4h	0.2436	0.000%	$9.7M	$7.7M	50x
Kraken Futures PF_EIGENUSD	−0.0016%	1h	0.2438	+0.073%	$177K	$75K	20x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2441	+0.191%	$3K	—	5x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+0.082%	$6	$6	5.5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2436	+0.021%	$32K	$18K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2437	+0.044%	$46K	$34K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2436	0.000%	$8.3M	$20.4M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2436	0.000%	$1.7M	$5.1M	20x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate EIGEN_USDTlong	+0.0100%	4h	0.2436	long leg	$736K	$651K	50x
MEXC EIGEN_USDT	+0.0100%	4h	0.2436	0.000%	$8.6M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2438	+0.082%	$2.4M	$10.5M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2438	+0.082%	$1.9M	$1.4M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2437	+0.041%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2420	−0.670%	$201K	$125K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2438	+0.082%	$190K	$2.2M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2438	+0.082%	$36K	$237K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2435	−0.041%	$579	$3K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2434	−0.084%	$92K	$496K	10x	as long as short
BloFin EIGEN-USDT	+0.0115%	4h	0.2437	+0.041%	$353K	$134K	75x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0160%	1h	0.2434	−0.062%	$55K	$175K	50x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2436	−0.001%	$2K	—	100x	as long as short
Hyperliquid EIGEN	+0.0235%	1h	0.2443	+0.287%	$4.8M	$1.6M	5x	as long as short
Lighter EIGEN	+0.0344%	1h	0.2442	+0.226%	$556K	$449K	5x	as long as short
Reya EIGENRUSDPERP	+0.0514%	1h	0.2434	−0.062%	$850	—	15x	as long as short