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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against KuCoin0.000%7-day average +0.036% · 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−$120as in the Price arb table
costs, in and out, $10k−$1161.163% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.054%+$5 on $10k
Price spread, last 3 days (all we have)+0.113%+$11 · spread now 0.000%, 7d avg +0.036%
Together, before fees+0.167%+$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.036% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EIGENUSDTM0.24380.0100pay 0.0050% / 4h39m 29s$2.4M$10.6M50x
ShortApeX Omni EIGENUSDT0.24380.0100get 0.0013% / 1h39m 29s$36K$236K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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
$0
Price spread: 0.000% → +0.036%
−$3.64
Slippage, 4 orders
−$94.33
Fee KuCoin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$119.97
Costs to cover
1.163%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; ApeX Omni: live order book, 37 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 KuCoin live order book, 4 min ago4.10 bp38.0 bp −$38853.0 bp −$8,530doesn't fitdoesn't fit
Sell ApeX Omni live order book, 37 min ago10.40 bp25.6 bp −$26doesn'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
01 Exchange EIGENUSD−0.0064%1h0.24380.000%$827$5K10xas long as short
Kraken Futures PF_EIGENUSD−0.0016%1h0.2440+0.091%$176K$68K20xas long as short
dYdX EIGEN-USD0.0000%1h0.2440+0.069%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2438−0.008%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.24380.000%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0088%4h0.2436−0.082%$351K$135K75xas long as short
Nado EIGEN-PERP+0.0100%1h0.2441+0.123%$32K$18K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2440+0.064%$46K$30K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2438+0.005%$8.3M$20.0M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2439+0.041%$9.7M$7.7M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2436−0.082%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2437−0.041%$735K$639K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2439+0.041%$8.6M$2.3M125xas long as short
KuCoin EIGENUSDTMlong+0.0100%4h0.2438long leg$2.4M$10.6M50x
Bitget EIGENUSDT+0.0100%4h0.24380.000%$1.9M$1.3M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2437−0.041%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2436−0.074%$203K$127Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2437−0.035%$190K$2.2M10xas long as short
ApeX Omni EIGENUSDTshort+0.0100%1h0.24380.000%$36K$236K50x
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2440+0.082%$2K$1K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2438+0.007%$92K$496K10xas long as short
Coinbase International EIGEN-PERP-INTX+0.0160%1h0.2436−0.066%$42K$159K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2440+0.064%$2K100xas long as short
Hyperliquid EIGEN+0.0288%1h0.2445+0.287%$4.8M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0514%1h0.2439+0.030%$85115xas long as short
Lighter EIGEN+0.0696%1h0.2445+0.267%$562K$443K5xas long as short