Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

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: Bitget against ApeX Omni+0.082%7-day average −0.082% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$930.931% of the position

Long on ApeX Omni Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 3 days (all we have)−0.178%−$18 · spread now +0.082%, 7d avg −0.082%

Together, before fees−0.174%−$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: Bitget is 0.165% dearer against ApeX Omni than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.082%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni EIGENUSDT	0.2435	0.0100	pay 0.0013% / 1h	57m 31s	$36K	$237K	50x
Short	Bitget EIGENUSDT	0.2437	0.0100	get 0.0050% / 4h	3h 57m	$1.9M	$1.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against ApeX Omni. 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 ApeX OmnibpFee BitgetbpOrdersPrice spread, now +0.082%Rate

Funding earned: $0
Price spread: +0.082% → −0.082%: $16.46
Slippage, 4 orders: −$71.12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$76.66
Costs to cover: 0.931%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 14 min ago; Bitget: live order book, 9 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 ApeX Omni live order book, 14 min ago	12.42 bp	26.8 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 9 min ago	4.13 bp	15.8 bp −$16	48.9 bp −$489	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
Bybit EIGENUSDT	−0.0314%	4h	0.2436	+0.041%	$9.7M	$7.7M	50x	as long as short
01 Exchange EIGENUSD	−0.0168%	1h	0.2435	0.000%	$826	$5K	10x	as long as short
Kraken Futures PF_EIGENUSD	−0.0097%	1h	0.2437	+0.078%	$176K	$75K	20x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2437	+0.064%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2435	+0.021%	—	$86	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+0.123%	$6	$6	5.5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2437	+0.082%	$32K	$18K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2435	+0.020%	$48K	$34K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2437	+0.077%	$8.3M	$20.4M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2435	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_USDT	+0.0100%	4h	0.2436	+0.041%	$736K	$562K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2437	+0.082%	$8.6M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2437	+0.082%	$2.4M	$10.6M	50x	as long as short
Bitget EIGENUSDTshort	+0.0100%	4h	0.2437	+0.082%	$1.9M	$1.4M	75x
BingX EIGEN-USDC	+0.0100%	4h	0.2437	+0.082%	—	$6.5M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2432	−0.116%	$202K	$125K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2435	−0.001%	$189K	$2.2M	10x	as long as short
ApeX Omni EIGENUSDTlong	+0.0100%	1h	0.2435	long leg	$36K	$237K	50x
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2435	0.000%	$579	$3K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2436	+0.031%	$92K	$491K	10x	as long as short
BloFin EIGEN-USDT	+0.0121%	4h	0.2435	0.000%	$352K	$134K	75x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0144%	1h	0.2434	−0.057%	$55K	$175K	50x	as long as short
Lighter EIGEN	+0.0152%	1h	0.2442	+0.304%	$556K	$449K	5x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2436	+0.027%	$2K	—	100x	as long as short
Hyperliquid EIGEN	+0.0207%	1h	0.2444	+0.370%	$4.8M	$1.6M	5x	as long as short
Reya EIGENRUSDPERP	+0.0514%	1h	0.2434	−0.061%	$849	—	15x	as long as short