Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0212%/8h= −23.2% APRpaid last 24h −0.016%

Price spread now: 01 Exchange against Bybit+0.112%7-day average — · you sell dearer than you buy

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

Long on Bybit Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 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. 01 Exchange is 0.112% dearer against Bybit than usual: you sell high and buy low (spread +0.112% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 42 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit EIGENUSDT	0.2403	0.0100	pay 0.0050% / 4h	1h 18m	$9.6M	$7.8M	50x
Short	01 Exchange EIGENUSD	0.2406	−0.0112	pay 0.0014% / 1h	18m 09s	$816	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.112%Rate

Funding earned: −$44.52
Price spread: +0.112% → 0.000%: $11.23
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$51.29
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 5 min ago; 01 Exchange: 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 Bybit live order book, 5 min ago	2.08 bp	21.5 bp −$22	54.9 bp −$549	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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 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
01 Exchange EIGENUSDshort	−0.0112%	1h	0.2406	+0.112%	$816	$5K	10x
dYdX EIGEN-USD	0.0000%	1h	0.2407	+0.140%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2406	+0.092%	—	$86	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+1.444%	$6	$6	5.5x	as long as short
BloFin EIGEN-USDT	+0.0044%	4h	0.2409	+0.237%	$347K	$133K	75x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2407	+0.166%	$541K	$431K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2406	+0.133%	$28K	$17K	3x	as long as short
Hyperliquid EIGEN	+0.0100%	1h	0.2408	+0.196%	$4.7M	$1.5M	5x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2406	+0.120%	$44K	$29K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2404	+0.012%	$8.2M	$20.0M	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	0.2403	long leg	$9.6M	$7.8M	50x
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2403	−0.012%	$1.6M	$4.9M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2403	−0.012%	$720K	$638K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2405	+0.071%	$9.0M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2406	+0.112%	$2.3M	$10.6M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2402	−0.054%	$1.9M	$1.3M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2405	+0.071%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2409	+0.245%	$201K	$132K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2410	+0.279%	$185K	$2.1M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2410	+0.279%	$35K	$237K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2406	+0.112%	$2K	$1K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2406	+0.101%	$91K	$496K	10x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0194% / S −0.0568%	1h	0.2406	+0.104%	$2K	—	100x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0200%	1h	0.2412	+0.345%	$42K	$159K	50x	as long as short
Reya EIGENRUSDPERP	+0.0513%	1h	0.2406	+0.124%	$840	—	15x	as long as short
Kraken Futures PF_EIGENUSD	+0.0682%	1h	0.2407	+0.156%	$174K	$68K	20x	as long as short