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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0108%/8h= −11.8% APRpaid last 24h −0.013%
Price spread now: Variational Omni against Coinbase International−0.019%7-day average −0.052% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.096%−$10 on $10k
Price spread, last 4 days (all we have)+0.494%+$49 · spread now −0.019%, 7d avg −0.052%
Together, before fees+0.398%+ Points / potential airdropVariational Omni: Active · farm board+$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.032% dearer against Coinbase International than usual: you sell high and buy low (spread −0.019% now, against its 7-day average of −0.052%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 24 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International EIGEN-PERP-INTX0.24040.0208pay 0.0026% / 1h34m 14s$41K$245K50x
ShortVariational Omni EIGEN0.24040.0100get 0.0050% / 4h1h 34m$194K$124K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational 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
−$22.68
Price spread: −0.019% → −0.052%
$3.23
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$29.45
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 29 min ago; Variational Omni: RFQ quote, 30 min ago. Net counts fees only.

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, 29 min ago8.92 bp90.9 bp −$91doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 30 min ago10.37 bpdoesn't fit56.0 bp −$560doesn'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
Bybit EIGENUSDT−0.0125%4h0.2407+0.108%$9.4M$7.6M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2405+0.042%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2407+0.125%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.414%$6$65.5xas long as short
01 Exchange EIGENUSD+0.0056%1h0.2406+0.083%$816$5K10xas long as short
Lighter EIGEN+0.0096%1h0.2413+0.387%$542K$504K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2407+0.125%$36K$20K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2405+0.034%$45K$39K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2408+0.153%$8.3M$20.5M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2407+0.125%$1.6M$5.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.2402−0.083%$736K$591K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2406+0.083%$8.2M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2403−0.042%$2.4M$10.3M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2405+0.042%$1.9M$1.5M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2405+0.042%$1.6Mas long as short
Variational Omni EIGENshort+0.0100%4h0.2404−0.019%$194K$124K
GRVT EIGEN_USDT_Perp+0.0100%4h0.2401−0.118%$195K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2401−0.125%$35K$231K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2407+0.125%$1K$4K10xas long as short
BloFin EIGEN-USDT+0.0102%4h0.2408+0.166%$356K$119K75xas long as short
Extended EIGEN-USD+0.0104%1h0.2407+0.131%$92K$642K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2406+0.092%$2K100xas long as short
Coinbase International EIGEN-PERP-INTXlong+0.0208%1h0.2404long leg$41K$245K50x
Hyperliquid EIGEN+0.0273%1h0.2412+0.333%$4.7M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0516%1h0.2408+0.168%$84115xas long as short
Kraken Futures PF_EIGENUSD+0.0573%1h0.2409+0.191%$166K$99K20xas long as short