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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%
Price spread now: OKX against Bybit0.000%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$730.725% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.132%+$13 on $10k
Price spread, last 7 days−0.009%−$1 · spread now 0.000%, 7d avg +0.039%
Together, before fees+0.124%+$12 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: OKX is 0.039% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit EIGENUSDT0.24050.0100pay 0.0050% / 4h1h 16m$9.6M$7.8M50x
ShortOKX EIGEN-USDT-SWAP0.24050.0100get 0.0050% / 4h1h 16m$1.6M$5.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$0
Price spread: 0.000% → +0.039%
−$3.88
Slippage, 4 orders
−$51.53
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$76.41
Costs to cover
0.725%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; OKX: live order book, 1 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 Bybit live order book, 1 min ago2.08 bp18.5 bp −$1853.9 bp −$539doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago2.08 bp16.6 bp −$1764.7 bp −$647doesn'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%1h0.24050.000%$816$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2405−0.013%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2404−0.021%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.372%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2407+0.104%$541K$431K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2405+0.021%$28K$17K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2411+0.249%$4.7M$1.5M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2406+0.043%$44K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2404−0.035%$8.2M$20.0M75xas long as short
Bybit EIGENUSDTlong+0.0100%4h0.2405long leg$9.6M$7.8M50x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAPshort+0.0100%4h0.24050.000%$1.6M$5.0M20x
Gate EIGEN_USDT+0.0100%4h0.2403−0.083%$720K$638K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2404−0.042%$8.6M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2406+0.042%$2.3M$10.6M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2404−0.042%$1.9M$1.3M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.24050.000%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2409+0.175%$201K$132Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2407+0.103%$185K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2410+0.208%$35K$237K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.24050.000%$2K$1K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2404−0.032%$91K$496K10xas long as short
BloFin EIGEN-USDT+0.0117%4h0.2404−0.042%$347K$133K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2405+0.010%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0200%1h0.2412+0.274%$42K$159K50xas long as short
Reya EIGENRUSDPERP+0.0513%1h0.2405−0.019%$83915xas long as short
Kraken Futures PF_EIGENUSD+0.0683%1h0.2405−0.020%$173K$68K20xas long as short