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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: BloFin against Binance+0.085%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$630.635% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.435%+$43 on $10k
Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.085%, 7d avg −0.004%
Together, before fees+0.323%+$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.089% dearer against Binance than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EIGENUSDT0.23420.0100pay 0.0050% / 4h1h 28m$7.9M$19.2M75x
ShortBloFin EIGEN-USDT0.23440.0118get 0.0059% / 4h1h 28m$349K$119K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
$3.86
Price spread: +0.085% → −0.004%
$8.91
Slippage, 4 orders
−$41.45
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$50.69
Costs to cover
0.635%
Break-even
99.0 days
Slippage from Binance: live order book, 5 min ago; BloFin: live order book, 14 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 Binance live order book, 5 min ago2.14 bp16.4 bp −$1655.0 bp −$5501055.1 bp −$105.5Kdoesn't fit
Sell BloFin live order book, 14 min ago6.34 bp17.4 bp −$1729.9 bp −$299142.6 bp −$14.3Kdoesn't fit

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−0.6512%1h0.2296−1.964%$779$5K10xas long as short
Deribit EIGEN_USDC-PERPETUAL−0.0646%1h0.2342−0.013%$4110xas long as short
Bybit EIGENUSDT−0.0355%4h0.2343+0.043%$8.7M$6.8M50xas long as short
Kraken Futures PF_EIGENUSD−0.0090%1h0.2345+0.126%$160K$132K20xas long as short
dYdX EIGEN-USD0.0000%1h0.2343+0.062%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+4.099%$6$65.5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2343+0.064%$23K$19K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2347+0.213%$4.4M$1.6M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2344+0.096%$44K$26K5xas long as short
Binance EIGENUSDTlong+0.0100%4h0.2342long leg$7.9M$19.2M75x
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2341−0.043%$1.5M$4.4M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.23420.000%$698K$575K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2341−0.043%$7.5M$2.4M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2343+0.043%$2.5M$9.3M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2341−0.043%$1.9M$1.3M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2341−0.043%$1.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2344+0.083%$211K$122Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2345+0.129%$179K$3.0M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2345+0.128%$34K$229K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2343+0.043%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2343+0.033%$82K$687K10xas long as short
BloFin EIGEN-USDTshort+0.0118%4h0.2344+0.085%$349K$119K75x
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2343+0.038%$2K100xas long as short
Lighter EIGEN+0.0288%1h0.2349+0.299%$563K$514K5xas long as short
Coinbase International EIGEN-PERP-INTX+0.0488%1h0.2347+0.201%$39K$268K50xas long as short
Reya EIGENRUSDPERP+0.0524%1h0.2341−0.050%$81715xas long as short