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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0348%/8h= +38.1% APRpaid last 24h +0.020%
Price spread now: Coinbase International against Bitget+0.084%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1641.636% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.035%−$4 on $10k
Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.084%, 7d avg +0.078%
Together, before fees−0.069%−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.078%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.035% in total (about -1.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EIGENUSDT0.23690.0100pay 0.0050% / 4h1h 36m$1.8M$1.3M75x
ShortCoinbase International EIGEN-PERP-INTX0.23710.0448get 0.0056% / 1h36m 13s$39K$265K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Bitget. 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
$73.08
Price spread: +0.084% → +0.078%
$0.66
Slippage, 4 orders
−$141.56
Fee Bitget: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$89.82
Costs to cover
1.636%
Break-even
15.6 days
Slippage from Bitget: live order book, 1 min ago; Coinbase International: live order book, 7 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 Bitget live order book, 1 min ago4.22 bp15.9 bp −$1654.1 bp −$541doesn't fitdoesn't fit
Sell Coinbase International live order book, 7 min ago9.66 bp41.0 bp −$41doesn't fitdoesn't fitdoesn't fit

EIGEN on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EIGENUSDT−0.0305%4h0.2368−0.025%$9.1M$7.3M50xas long as short
Kraken Futures PF_EIGENUSD−0.0027%1h0.2370+0.052%$159K$113K20xas long as short
Deribit EIGEN_USDC-PERPETUAL−0.0003%1h0.2369+0.013%$4110xas long as short
dYdX EIGEN-USD0.0000%1h0.2371+0.067%$3K5xas long as short
01 Exchange EIGENUSD+0.0032%1h0.23690.000%$803$5K10xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+2.913%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2374+0.224%$534K$503K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2370+0.042%$36K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2374+0.211%$4.5M$1.7M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2370+0.036%$44K$26K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EIGENUSDT+0.0100%4h0.2371+0.084%$8.0M$19.9M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2370+0.042%$1.6M$4.7M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.23690.000%$712K$577K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2370+0.042%$8.0M$2.4M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2371+0.084%$2.4M$9.9M50xas long as short
Bitget EIGENUSDTlong+0.0100%4h0.2369long leg$1.8M$1.3M75x
BingX EIGEN-USDC+0.0100%4h0.2370+0.042%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2377+0.341%$209K$138Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2379+0.417%$183K$2.6M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2378+0.380%$35K$232K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2370+0.042%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2370+0.025%$87K$708K10xas long as short
BloFin EIGEN-USDT+0.0132%4h0.2373+0.169%$348K$113K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2370+0.022%$2K100xas long as short
Coinbase International EIGEN-PERP-INTXshort+0.0448%1h0.2371+0.084%$39K$265K50x
Reya EIGENRUSDPERP+0.0520%1h0.2369+0.008%$82715xas long as short