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−0.0060%/8h= −6.6% APRnext payment $0.08 per $10,000 · paid last 24h −0.013%
Price spread now: ApeX Omni against Coinbase International+0.285%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$980.976% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.051%+$5 on $10k
Price spread, last 3 days (all we have)−0.327%−$33 · spread now +0.285%, 7d avg −0.001%
Together, before fees−0.277%−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.286% dearer against Coinbase International than usual: you sell high and buy low (spread +0.285% now, against its 7-day average of −0.001%): +$29 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 16 days. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International EIGEN-PERP-INTX0.24230.0160pay 0.0020% / 1h25m 08s$42K$158K50x
ShortApeX Omni EIGENUSDT0.24300.0100get 0.0013% / 1h25m 08s$36K$237K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Coinbase International. 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
−$12.6
Price spread: +0.285% → −0.001%
$28.6
Slippage, 4 orders
−$77.58
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$81.58
Costs to cover
0.976%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 53 min ago; ApeX Omni: 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 Coinbase International live order book, 53 min ago7.07 bp29.8 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 51 min ago10.40 bp25.6 bp −$26doesn't fitdoesn'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−0.0104%1h0.2418−0.210%$820$5K10xas long as short
Kraken Futures PF_EIGENUSD−0.0016%1h0.2425+0.093%$175K$69K20xas long as short
dYdX EIGEN-USD0.0000%1h0.2421−0.099%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2421−0.070%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+0.615%$6$65.5xas long as short
Bybit EIGENUSDT+0.0049%4h0.2421−0.087%$9.7M$7.7M50xas long as short
Nado EIGEN-PERP+0.0100%1h0.2419−0.149%$32K$18K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2422−0.059%$46K$30K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2422−0.045%$8.3M$20.1M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2420−0.128%$1.6M$5.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.2421−0.087%$732K$642K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2421−0.087%$8.5M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2422−0.045%$2.3M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2420−0.128%$1.9M$1.3M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2420−0.128%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2429+0.253%$202K$125Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2429+0.250%$189K$2.2M10xas long as short
ApeX Omni EIGENUSDTshort+0.0100%1h0.2430+0.285%$36K$237K50x
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2421−0.087%$2K$1K10xas long as short
BloFin EIGEN-USDT+0.0102%4h0.2432+0.367%$354K$134K75xas long as short
Extended EIGEN-USD+0.0104%1h0.2421−0.078%$92K$496K10xas long as short
Coinbase International EIGEN-PERP-INTXlong+0.0160%1h0.2423long leg$42K$158K50x
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2421−0.092%$2K100xas long as short
Hyperliquid EIGEN+0.0426%1h0.2426+0.120%$4.8M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0514%1h0.2420−0.140%$84515xas long as short
Lighter EIGEN+0.0528%1h0.2427+0.165%$558K$443K5xas long as short