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−0.0214%/8h= −23.4% APRpaid last 24h −0.221%
Price spread now: Gate against Kraken Futures−0.194%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1671.674% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.340%−$34 on $10k
Price spread, last 3 days (all we have)+0.281%+$28 · spread now −0.194%, 7d avg −0.090%
Together, before fees−0.059%−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.104% cheaper against Kraken Futures than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.090%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_EIGENUSD0.23860.0314pay 0.0039% / 1h3m 17s$172K$68K20x
ShortGate EIGEN_USDT0.23810.0100get 0.0050% / 4h2h 03m$715K$678K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Kraken Futures. 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
−$44.86
Price spread: −0.194% → −0.090%
−$10.38
Slippage, 4 orders
−$142.38
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$222.63
Costs to cover
1.674%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 19 min ago; Gate: 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 Kraken Futures live order book, 19 min ago18.60 bp59.0 bp −$59doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 18 min ago8.29 bp31.0 bp −$31doesn'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
Deribit EIGEN_USDC-PERPETUAL−0.0128%1h0.2382−0.144%$8610xas long as short
01 Exchange EIGENUSD−0.0024%1h0.2383−0.110%$808$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2384−0.074%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+2.195%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0060%4h0.2380−0.236%$348K$136K75xas long as short
Lighter EIGEN+0.0096%1h0.2386+0.007%$537K$436K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2384−0.047%$28K$17K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2383−0.092%$44K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2382−0.160%$8.1M$20.3M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2382−0.144%$9.6M$8.0M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2382−0.152%$1.6M$5.0M20xas long as short
Gate EIGEN_USDTshort+0.0100%4h0.2381−0.194%$715K$678K50x
MEXC EIGEN_USDT+0.0100%4h0.2382−0.152%$8.5M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2383−0.110%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2380−0.236%$1.8M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2383−0.110%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2377−0.345%$198K$154Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2384−0.080%$186K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2383−0.110%$35K$236K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2382−0.152%$2K$2K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2382−0.140%$90K$496K10xas long as short
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2389+0.137%$42K$159K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2383−0.118%$2K100xas long as short
Hyperliquid EIGEN+0.0212%1h0.2387+0.057%$4.7M$1.5M5xas long as short
Kraken Futures PF_EIGENUSDlong+0.0314%1h0.2386long leg$172K$68K20x
Reya EIGENRUSDPERP+0.0512%1h0.2382−0.138%$83215xas long as short