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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0423%/8h= +46.3% APRnext payment +$0.53 per $10,000 · paid last 24h +0.062%
Price spread now: Coinbase International against Injective−2.449%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Coinbase International is 2.449% cheaper against Injective than usual: you would sell low and buy high (spread −2.449% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$245 on $10k: about 19 days of funding at the current rate (+$13 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective EIGEN/USDC PERP0.24380.0033pay 0.0004% / 1h8m 26s$6$65.5x
ShortCoinbase International EIGEN-PERP-INTX0.23780.0456get 0.0057% / 1h8m 26s$40K$271K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. 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
$88.76
Price spread: −2.449% → 0.000%
−$244.87
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$166.13
Costs to cover
0.100%
Break-even
20.1 days
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 33 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Coinbase International live order book, 33 min ago9.89 bp90.8 bp −$91doesn't fitdoesn't fitdoesn't fit
Injective: 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 exchanges

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−0.8576%1h0.2326−4.594%$787$5K10xas long as short
Bybit EIGENUSDT−0.0172%4h0.2373−2.658%$8.8M$6.2M50xas long as short
Deribit EIGEN_USDC-PERPETUAL−0.0002%1h0.2376−2.551%10xas long as short
dYdX EIGEN-USD0.0000%1h0.2375−2.570%$3K5xas long as short
Injective EIGEN/USDC PERPlong+0.0033%1h0.2438long leg$6$65.5x
Nado EIGEN-PERP+0.0100%1h0.2379−2.420%$24K$16K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2377−2.502%$4.4M$1.3M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2375−2.595%$44K$25K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2372−2.700%$8.0M$17.9M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2371−2.748%$1.6M$4.1M20xas long as short
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.2375−2.584%$714K$541K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2372−2.707%$7.7M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2372−2.707%$2.3M$9.1M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2373−2.666%$1.9M$1.2M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2374−2.625%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2370−2.795%$214K$115Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2371−2.763%$185K$3.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2370−2.789%$32K$230K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2376−2.543%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2373−2.682%$84K$659K10xas long as short
BloFin EIGEN-USDT+0.0142%4h0.2370−2.789%$350K$112K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2377−2.484%$2K100xas long as short
Kraken Futures PF_EIGENUSD+0.0240%1h0.2379−2.432%$165K$132K20xas long as short
Coinbase International EIGEN-PERP-INTXshort+0.0456%1h0.2378−2.449%$40K$271K50x
Reya EIGENRUSDPERP+0.0526%1h0.2374−2.646%$82915xas long as short
Lighter EIGEN+0.0584%1h0.2383−2.260%$571K$486K5xas long as short