Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%

Price spread now: Bitget against Bybit−0.090%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$930.930% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.167%+$17 on $10k

Price spread, last 7 days+0.090%+$9 · spread now −0.090%, 7d avg −0.015%

Together, before fees+0.256%+$26 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: Bitget is 0.075% cheaper against Bybit than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit EIGENUSDT	0.2451	0.0100	pay 0.0050% / 4h	3h 11m	$9.8M	$7.6M	50x
Short	Bitget EIGENUSDT	0.2449	0.0100	get 0.0050% / 4h	3h 11m	$1.9M	$1.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now −0.090%Rate

Funding earned: $0
Price spread: −0.090% → −0.015%: −$7.51
Slippage, 4 orders: −$69.98
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$100.49
Costs to cover: 0.930%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 1 min ago.

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 Bybit live order book, 2 min ago	4.07 bp	22.0 bp −$22	52.9 bp −$529	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	4.08 bp	23.0 bp −$23	62.1 bp −$621	doesn't fit	doesn't fit

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
Kraken Futures PF_EIGENUSD	−0.0096%	1h	0.2452	+0.032%	$168K	$82K	20x	as long as short
01 Exchange EIGENUSD	−0.0072%	1h	0.2451	−0.008%	$831	$5K	10x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2450	−0.066%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2450	−0.049%	—	$86	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	−0.539%	$6	$6	5.5x	as long as short
BloFin EIGEN-USDT	+0.0074%	4h	0.2449	−0.090%	$354K	$129K	75x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2458	+0.286%	$559K	$449K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2451	−0.008%	$32K	$18K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2451	+0.009%	$48K	$37K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2450	−0.033%	$8.4M	$20.4M	75x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit EIGENUSDTlong	+0.0100%	4h	0.2451	long leg	$9.8M	$7.6M	50x
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2450	−0.049%	$1.7M	$5.0M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2449	−0.090%	$757K	$593K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2451	−0.008%	$8.7M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2450	−0.049%	$2.4M	$10.5M	50x	as long as short
Bitget EIGENUSDTshort	+0.0100%	4h	0.2449	−0.090%	$1.9M	$1.4M	75x
BingX EIGEN-USDT	+0.0100%	4h	0.2451	−0.008%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2450	−0.065%	$203K	$124K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2454	+0.114%	$194K	$2.2M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2457	+0.237%	$36K	$238K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2451	−0.008%	$582	$3K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2450	−0.047%	$93K	$640K	10x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0144%	1h	0.2448	−0.143%	$44K	$190K	50x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2451	−0.012%	$2K	—	100x	as long as short
Hyperliquid EIGEN	+0.0251%	1h	0.2458	+0.277%	$4.9M	$1.6M	5x	as long as short
Reya EIGENRUSDPERP	+0.0515%	1h	0.2451	+0.008%	$856	—	15x	as long as short