Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Gate against ApeX Omni−0.169%7-day average −0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs−$132as in the Funding arb table

Net, price: spread back to 7d avg − costs−$142as in the Price arb table

costs, in and out, $10k−$1321.323% of the position

Long on ApeX Omni Short on Gate

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.118%+$12 · spread now −0.169%, 7d avg −0.068%

Together, before fees+0.121%+$12 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: Gate is 0.100% cheaper against ApeX Omni than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.068%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni EIGENUSDT	0.2373	0.0100	pay 0.0013% / 1h	33m 16s	$35K	$233K	50x
Short	Gate EIGEN_USDT	0.2369	0.0100	get 0.0050% / 4h	1h 33m	$712K	$577K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.169%Rate

Funding earned: $0
Price spread: −0.169% → −0.068%: −$10.03
Slippage, 4 orders: −$107.26
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$142.28
Costs to cover: 1.323%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 8 min ago; Gate: live order book, 8 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, 8 min ago	12.62 bp	28.3 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 8 min ago	4.21 bp	39.0 bp −$39	352.8 bp −$3,528	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	−0.0299%	4h	0.2370	−0.110%	$9.1M	$7.3M	50x	as long as short
Kraken Futures PF_EIGENUSD	−0.0027%	1h	0.2373	+0.006%	$160K	$113K	20x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2371	−0.101%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2372	−0.059%	—	$41	10x	as long as short
01 Exchange EIGENUSD	+0.0032%	1h	0.2372	−0.042%	$804	$5K	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+2.739%	$6	$6	5.5x	as long as short
BloFin EIGEN-USDT	+0.0085%	4h	0.2370	−0.126%	$347K	$113K	75x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2376	+0.135%	$534K	$503K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2372	−0.042%	$36K	$20K	3x	as long as short
Hyperliquid EIGEN	+0.0100%	1h	0.2376	+0.126%	$4.5M	$1.7M	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster EIGENUSDT	+0.0100%	4h	0.2372	−0.060%	$44K	$26K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2372	−0.059%	$8.0M	$19.9M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2372	−0.042%	$1.6M	$4.7M	20x	as long as short
Gate EIGEN_USDTshort	+0.0100%	4h	0.2369	−0.169%	$712K	$577K	50x
MEXC EIGEN_USDT	+0.0100%	4h	0.2372	−0.042%	$8.0M	$2.4M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2372	−0.042%	$2.4M	$9.9M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2371	−0.084%	$1.8M	$1.3M	75x	as long as short
BingX EIGEN-USDC	+0.0100%	4h	0.2370	−0.126%	—	$6.5M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2368	−0.207%	$208K	$138K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2373	0.000%	$183K	$2.6M	10x	as long as short
ApeX Omni EIGENUSDTlong	+0.0100%	1h	0.2373	long leg	$35K	$233K	50x
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2373	0.000%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2372	−0.060%	$87K	$701K	10x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2369	−0.168%	$2K	—	100x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0448%	1h	0.2373	+0.017%	$39K	$265K	50x	as long as short
Reya EIGENRUSDPERP	+0.0520%	1h	0.2371	−0.067%	$828	—	15x	as long as short