Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: dYdX against Bitget+0.056%7-day average — · you sell dearer than you buy

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

Long on Bitget 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 0.056% dearer against Bitget than usual: you sell high and buy low (spread +0.056% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 45 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget EIGENUSDT	0.2369	0.0100	pay 0.0050% / 4h	10m 29s	$1.8M	$1.2M	75x
Short	dYdX EIGEN-USD	0.2370	0	get 0.0000% / 1h	10m 29s	$3K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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

Position, each leg$Hold fordaysFee BitgetbpFee dYdXbpOrdersPrice spread, now +0.056%Rate

Funding earned: −$21
Price spread: +0.056% → 0.000%: $5.64
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$37.36
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 5 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 Bitget live order book, 5 min ago	2.11 bp	21.2 bp −$21	54.1 bp −$541	doesn't fit	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 exchanges

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
01 Exchange EIGENUSD	−0.8672%	1h	0.2325	−1.857%	$787	$5K	10x	as long as short
Bybit EIGENUSDT	−0.0182%	4h	0.2371	+0.084%	$8.8M	$6.2M	50x	as long as short
dYdX EIGEN-USDshort	0.0000%	1h	0.2370	+0.056%	$3K	—	5x
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2371	+0.076%	—	—	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+2.913%	$6	$6	5.5x	as long as short
BloFin EIGEN-USDT	+0.0053%	4h	0.2371	+0.084%	$349K	$112K	75x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2371	+0.084%	$24K	$16K	3x	as long as short
Hyperliquid EIGEN	+0.0100%	1h	0.2374	+0.211%	$4.4M	$1.3M	5x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2372	+0.124%	$44K	$25K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2371	+0.084%	$8.0M	$18.0M	75x	as long as short

Show all 26 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2369	0.000%	$1.6M	$4.1M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2372	+0.127%	$713K	$540K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2371	+0.084%	$7.6M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2370	+0.042%	$2.3M	$9.1M	50x	as long as short
Bitget EIGENUSDTlong	+0.0100%	4h	0.2369	long leg	$1.8M	$1.2M	75x
BingX EIGEN-USDT	+0.0100%	4h	0.2371	+0.084%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2370	+0.036%	$214K	$115K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2370	+0.048%	$185K	$3.2M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2372	+0.127%	$32K	$230K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2370	+0.042%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2372	+0.109%	$84K	$659K	10x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0194% / S −0.0568%	1h	0.2370	+0.057%	$2K	—	100x	as long as short
Kraken Futures PF_EIGENUSD	+0.0241%	1h	0.2373	+0.177%	$164K	$132K	20x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0456%	1h	0.2377	+0.329%	$40K	$270K	50x	as long as short
Reya EIGENRUSDPERP	+0.0526%	1h	0.2371	+0.081%	$828	—	15x	as long as short
Lighter EIGEN	+0.0576%	1h	0.2379	+0.405%	$570K	$486K	5x	as long as short