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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0204%/8h= −22.3% APRpaid last 24h +0.157%
Price spread now: Kraken Futures against Gate+0.092%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1481.482% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.412%+$41 on $10k
Price spread, last 4 days (all we have)−0.095%−$10 · spread now +0.092%, 7d avg +0.094%
Together, before fees+0.317%+$32 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.094%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.412%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EIGEN_USDT0.23700.0100pay 0.0050% / 4h19m 05s$703K$609K50x
ShortKraken Futures PF_EIGENUSD0.2372−0.0104pay 0.0013% / 1h19m 05s$158K$119K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$42.76
Price spread: +0.092% → +0.094%
−$0.19
Slippage, 4 orders
−$123.17
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$191.12
Costs to cover
1.482%
Break-even
never at this rate
Slippage from Gate: live order book, 17 min ago; Kraken Futures: live order book, 18 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, 17 min ago4.23 bp39.4 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 18 min ago4.22 bp39.3 bp −$39doesn'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
Bybit EIGENUSDT−0.0311%4h0.2371+0.042%$9.0M$7.4M50xas long as short
Kraken Futures PF_EIGENUSDshort−0.0104%1h0.2372+0.092%$158K$119K20x
01 Exchange EIGENUSD−0.0016%1h0.2371+0.042%$804$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2364−0.270%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2372+0.084%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+2.869%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2376+0.245%$534K$500K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2372+0.084%$36K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2376+0.253%$4.5M$1.7M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2371+0.051%$44K$26K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EIGENUSDT+0.0100%4h0.2371+0.048%$8.0M$20.1M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.23700.000%$1.6M$4.7M20xas long as short
Gate EIGEN_USDTlong+0.0100%4h0.2370long leg$703K$609K50x
MEXC EIGEN_USDT+0.0100%4h0.2372+0.084%$7.9M$2.4M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2371+0.042%$2.4M$9.7M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.23700.000%$1.8M$1.3M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2369−0.042%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2360−0.439%$207K$138Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2361−0.380%$179K$2.7M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2361−0.380%$34K$232K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2371+0.042%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2371+0.047%$90K$690K10xas long as short
BloFin EIGEN-USDT+0.0137%4h0.2363−0.295%$346K$109K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2372+0.093%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0488%1h0.2375+0.224%$38K$275K50xas long as short
Reya EIGENRUSDPERP+0.0522%1h0.2372+0.074%$82815xas long as short