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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.012%
Price spread now: Bitget against Coinbase International+0.062%7-day average −0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$830.835% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.055%+$5 on $10k
Price spread, last 3 days (all we have)−0.098%−$10 · spread now +0.062%, 7d avg −0.076%
Together, before fees−0.043%−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.138% dearer against Coinbase International than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of −0.076%): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.055%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International EIGEN-PERP-INTX0.24020.0200pay 0.0025% / 1h34m 59s$42K$160K50x
ShortBitget EIGENUSDT0.24040.0100get 0.0050% / 4h1h 34m$1.9M$1.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$21
Price spread: +0.062% → −0.076%
$13.83
Slippage, 4 orders
−$61.49
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$90.66
Costs to cover
0.835%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 48 min ago; Bitget: live order book, 2 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, 48 min ago0.21 bp31.6 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago4.16 bp20.5 bp −$2146.6 bp −$466doesn'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%1h0.2403+0.021%$815$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2401−0.075%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2404+0.079%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.478%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0073%4h0.2399−0.146%$346K$138K75xas long as short
Lighter EIGEN+0.0096%1h0.2407+0.204%$541K$431K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2404+0.062%$28K$17K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2409+0.271%$4.7M$1.5M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2404+0.073%$44K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2403+0.011%$8.1M$20.1M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit EIGENUSDT+0.0100%4h0.2403+0.021%$9.6M$7.9M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2402−0.021%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2404+0.062%$720K$636K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2404+0.062%$8.7M$2.2M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2404+0.062%$2.3M$10.7M50xas long as short
Bitget EIGENUSDTshort+0.0100%4h0.2404+0.062%$1.9M$1.3M75x
BingX EIGEN-USDC+0.0100%4h0.2405+0.104%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2405+0.113%$200K$152Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2405+0.104%$191K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2408+0.229%$35K$236K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2404+0.062%$2K$1K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2403+0.016%$91K$496K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2405+0.112%$2K100xas long as short
Coinbase International EIGEN-PERP-INTXlong+0.0200%1h0.2402long leg$42K$160K50x
Reya EIGENRUSDPERP+0.0513%1h0.2405+0.111%$84015xas long as short
Kraken Futures PF_EIGENUSD+0.0682%1h0.2406+0.156%$173K$68K20xas long as short