Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Binance+0.018%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$146as in the Funding arb table

Net, price: spread back to 7d avg − costs−$140as in the Price arb table

costs, in and out, $10k−$1421.419% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.038%−$4 on $10k

Price spread, last 7 days−0.026%−$3 · spread now +0.018%, 7d avg −0.004%

Together, before fees−0.064%−$6 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: KuCoin is 0.021% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance EIGENUSDT	0.2392	0.0100	pay 0.0050% / 4h	1h 07m	$8.3M	$20.3M	75x
Short	KuCoin EIGENUSDTM	0.2392	0.0100	get 0.0050% / 4h	1h 07m	$2.3M	$10.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now +0.018%Rate

Funding earned: $0
Price spread: +0.018% → −0.004%: $2.12
Slippage, 4 orders: −$119.94
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$139.83
Costs to cover: 1.419%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 11 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 Binance live order book, 3 min ago	2.08 bp	14.5 bp −$14	52.2 bp −$522	1431.5 bp −$143.2K	doesn't fit
Sell KuCoin live order book, 11 min ago	2.07 bp	40.0 bp −$40	237.8 bp −$2,378	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	−0.0058%	4h	0.2389	−0.108%	$9.3M	$7.5M	50x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2394	+0.101%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2395	+0.147%	—	$41	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+1.941%	$6	$6	5.5x	as long as short
BloFin EIGEN-USDT	+0.0093%	4h	0.2401	+0.394%	$356K	$117K	75x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2400	+0.344%	$539K	$504K	5x	as long as short
01 Exchange EIGENUSD	+0.0096%	1h	0.2391	−0.024%	$811	$5K	10x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2389	−0.087%	$36K	$20K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2394	+0.110%	$44K	$39K	5x	as long as short
Binance EIGENUSDTlong	+0.0100%	4h	0.2392	long leg	$8.3M	$20.3M	75x

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2390	−0.066%	$1.6M	$4.9M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2392	+0.018%	$730K	$596K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2394	+0.101%	$8.1M	$2.3M	125x	as long as short
KuCoin EIGENUSDTMshort	+0.0100%	4h	0.2392	+0.018%	$2.3M	$10.2M	50x
Bitget EIGENUSDT	+0.0100%	4h	0.2390	−0.066%	$1.9M	$1.5M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2394	+0.101%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2400	+0.353%	$194K	$124K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2397	+0.221%	$191K	$2.2M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2397	+0.227%	$35K	$230K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2395	+0.143%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2392	+0.003%	$90K	$640K	10x	as long as short
Hyperliquid EIGEN	+0.0129%	1h	0.2398	+0.269%	$4.7M	$1.7M	5x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2395	+0.134%	$2K	—	100x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0208%	1h	0.2398	+0.281%	$40K	$247K	50x	as long as short
Reya EIGENRUSDPERP	+0.0517%	1h	0.2391	−0.045%	$834	—	15x	as long as short
Kraken Futures PF_EIGENUSD	+0.0576%	1h	0.2396	+0.181%	$163K	$104K	20x	as long as short