Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: dYdX against BingX+0.109%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BingX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. dYdX is 0.109% dearer against BingX than usual: you sell high and buy low (spread +0.109% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX EIGEN-USDT	0.2388	0.0100	pay 0.0050% / 4h	2h 52m	—	$1.6M	—
Short	dYdX EIGEN-USD	0.2391	0	get 0.0000% / 1h	52m 47s	$3K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against BingX. 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 BingXbpFee dYdXbpOrdersPrice spread, now +0.109%Rate

Funding earned: −$21
Price spread: +0.109% → 0.000%: $10.86
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$30.14
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 9 min ago; dYdX: no order-book sample. Net counts fees only.

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 BingX live order book, 9 min ago	6.31 bp	18.8 bp −$19	43.9 bp −$439	511.5 bp −$51.1K	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0193%	4h	0.2393	+0.209%	$9.3M	$7.1M	50x	as long as short
01 Exchange EIGENUSD	−0.0072%	1h	0.2384	−0.168%	$808	$5K	10x	as long as short
dYdX EIGEN-USDshort	0.0000%	1h	0.2391	+0.109%	$3K	—	5x
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2386	−0.067%	—	$41	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+2.094%	$6	$6	5.5x	as long as short
Gate EIGEN_USDT	+0.0078%	4h	0.2385	−0.126%	$717K	$568K	50x	as long as short
BloFin EIGEN-USDT	+0.0086%	4h	0.2385	−0.126%	$353K	$114K	75x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2394	+0.255%	$538K	$507K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2384	−0.147%	$37K	$20K	3x	as long as short
Hyperliquid EIGEN	+0.0100%	1h	0.2394	+0.251%	$4.6M	$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	0.2391	+0.115%	$44K	$37K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2391	+0.128%	$8.2M	$19.7M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2392	+0.168%	$1.6M	$4.8M	20x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2389	+0.042%	$8.0M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2387	−0.042%	$2.4M	$9.9M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2387	−0.042%	$1.8M	$1.4M	75x	as long as short
BingX EIGEN-USDTlong	+0.0100%	4h	0.2388	long leg	—	$1.6M	—
Variational Omni EIGEN	+0.0100%	4h	0.2387	−0.038%	$213K	$135K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2391	+0.126%	$182K	$2.4M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2393	+0.209%	$35K	$231K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2386	−0.084%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2388	−0.004%	$91K	$729K	10x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2387	−0.057%	$2K	—	100x	as long as short
Kraken Futures PF_EIGENUSD	+0.0325%	1h	0.2388	+0.014%	$160K	$109K	20x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0360%	1h	0.2388	+0.013%	$41K	$264K	50x	as long as short
Reya EIGENRUSDPERP	+0.0519%	1h	0.2386	−0.092%	$833	—	15x	as long as short