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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bitget−0.056%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$950.950% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 4 days (all we have)+0.321%+$32 · spread now −0.056%, 7d avg +0.025%
Together, before fees+0.311%+ Points / potential airdropExtended: Active · farm board+$31 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: Extended is 0.082% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EIGENUSDT0.24040.0100pay 0.0050% / 4h1h 35m$1.9M$1.3M75x
ShortExtended EIGEN-USD0.24030.0104get 0.0013% / 1h35m 35s$91K$496K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.056% → +0.025%
−$8.18
Slippage, 4 orders
−$78
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$102.33
Costs to cover
0.950%
Break-even
859.8 days
Slippage from Bitget: live order book, 1 min ago; Extended: live order book, 47 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 ago4.16 bp18.3 bp −$1851.4 bp −$514doesn't fitdoesn't fit
Sell Extended live order book, 47 min ago8.29 bp28.1 bp −$28165.3 bp −$1,653doesn'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
01 Exchange EIGENUSD−0.0112%1h0.2403−0.042%$815$5K10xas long as short
Deribit EIGEN_USDC-PERPETUAL−0.0041%1h0.2401−0.133%$8610xas long as short
dYdX EIGEN-USD0.0000%1h0.2401−0.138%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.414%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2404+0.012%$540K$431K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.24040.000%$28K$17K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.24040.000%$4.7M$1.5M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2402−0.089%$44K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.24040.000%$8.1M$20.0M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2403−0.042%$9.6M$7.9M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.24040.000%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2402−0.083%$720K$636K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2400−0.166%$8.7M$2.2M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2402−0.083%$2.3M$10.7M50xas long as short
Bitget EIGENUSDTlong+0.0100%4h0.2404long leg$1.9M$1.3M75x
BingX EIGEN-USDC+0.0100%4h0.2402−0.083%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2406+0.092%$200K$152Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2405+0.042%$191K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2408+0.166%$35K$236K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2402−0.083%$2K$1K10xas long as short
Extended EIGEN-USDshort+0.0104%1h0.2403−0.056%$91K$496K10x
BloFin EIGEN-USDT+0.0128%4h0.2407+0.125%$347K$138K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2402−0.087%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0200%1h0.2404−0.004%$42K$160K50xas long as short
Reya EIGENRUSDPERP+0.0513%1h0.2405+0.049%$84015xas long as short
Kraken Futures PF_EIGENUSD+0.0683%1h0.2402−0.097%$173K$68K20xas long as short