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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0007%/8h= +0.8% APRpaid last 24h −0.043%
Price spread now: Extended against BloFin−0.265%54s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$900.898% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.453%−$45 on $10k
Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.265%, 7d avg −0.025%
Together, before fees−0.374%+ Points / potential airdropExtended: Active · farm board−$37 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 0.241% cheaper against BloFin than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.025%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin EIGEN-USDT0.24050.0097pay 0.0048% / 4h1h 12m$357K$117K75x
ShortExtended EIGEN-USD0.23990.0104get 0.0013% / 1h12m 10s$90K$640K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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
$1.54
Price spread: −0.265% → −0.025%
−$24.06
Slippage, 4 orders
−$72.81
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$112.32
Costs to cover
0.898%
Break-even
516.5 days
Slippage from BloFin: live order book, 28 min ago; Extended: live order book, 51 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 BloFin live order book, 28 min ago4.17 bp21.4 bp −$2133.9 bp −$339315.3 bp −$31.5Kdoesn't fit
Sell Extended live order book, 51 min ago8.31 bp28.3 bp −$28150.4 bp −$1,504doesn'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−0.0048%4h0.2395−0.416%$9.3M$7.5M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2399−0.269%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2398−0.279%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.372%$6$65.5xas long as short
01 Exchange EIGENUSD+0.0080%1h0.2399−0.249%$813$5K10xas long as short
Lighter EIGEN+0.0096%1h0.2403−0.083%$540K$504K5xas long as short
BloFin EIGEN-USDTlong+0.0097%4h0.2405long leg$357K$117K75x
Nado EIGEN-PERP+0.0100%1h0.2399−0.270%$36K$20K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2401−0.177%$45K$39K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2397−0.340%$8.3M$20.5M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2396−0.374%$1.6M$4.9M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2396−0.374%$734K$593K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2396−0.374%$8.2M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2400−0.208%$2.4M$10.3M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2398−0.291%$1.9M$1.5M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2395−0.416%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2412+0.272%$195K$124Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2412+0.291%$183K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2413+0.333%$35K$230K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2399−0.249%$1K$4K10xas long as short
Extended EIGEN-USDshort+0.0104%1h0.2399−0.265%$90K$640K10x
Hyperliquid EIGEN+0.0111%1h0.2401−0.166%$4.7M$1.7M5xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2398−0.286%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0208%1h0.2415+0.437%$40K$248K50xas long as short
Reya EIGENRUSDPERP+0.0517%1h0.2399−0.240%$83815xas long as short
Kraken Futures PF_EIGENUSD+0.0575%1h0.2399−0.236%$165K$100K20xas long as short