Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: BingX against dYdX−0.108%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 6 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

Funding pays, the price is against you. BingX is 0.108% cheaper against dYdX than usual: you would sell low and buy high (spread −0.108% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 3.6 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX EIGEN-USD	0.2391	0	get 0.0000% / 1h	52m 47s	$3K	—	5x
Short	BingX EIGEN-USDT	0.2388	0.0100	get 0.0050% / 4h	2h 52m	—	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against dYdX. 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 dYdXbpFee BingXbpOrdersPrice spread, now −0.108%Rate

Funding earned: $21
Price spread: −0.108% → 0.000%: −$10.85
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$9.85
Costs to cover: 0.200%
Break-even: 10.3 days

Slippage unknown: dYdX: no order-book sample; BingX: live order book, 9 min ago. 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 dYdX no order-book sample	—	—	—	—	—
Sell BingX live order book, 9 min ago	6.31 bp	20.4 bp −$20	46.0 bp −$460	327.7 bp −$32.8K	729.3 bp −$364.6K

dYdX: 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
Bybit EIGENUSDT	−0.0193%	4h	0.2393	+0.101%	$9.3M	$7.1M	50x	as long as short
01 Exchange EIGENUSD	−0.0072%	1h	0.2384	−0.276%	$808	$5K	10x	as long as short
dYdX EIGEN-USDlong	0.0000%	1h	0.2391	long leg	$3K	—	5x
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2386	−0.175%	—	$41	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+1.983%	$6	$6	5.5x	as long as short
Gate EIGEN_USDT	+0.0078%	4h	0.2385	−0.234%	$717K	$568K	50x	as long as short
BloFin EIGEN-USDT	+0.0086%	4h	0.2385	−0.234%	$353K	$114K	75x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2394	+0.147%	$538K	$507K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2384	−0.255%	$37K	$20K	3x	as long as short
Hyperliquid EIGEN	+0.0100%	1h	0.2394	+0.142%	$4.6M	$1.7M	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster EIGENUSDT	+0.0100%	4h	0.2391	+0.006%	$44K	$37K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2391	+0.020%	$8.2M	$19.7M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2392	+0.059%	$1.6M	$4.8M	20x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2389	−0.067%	$8.0M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2387	−0.150%	$2.4M	$9.9M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2387	−0.150%	$1.8M	$1.4M	75x	as long as short
BingX EIGEN-USDTshort	+0.0100%	4h	0.2388	−0.108%	—	$1.6M	—
Variational Omni EIGEN	+0.0100%	4h	0.2387	−0.147%	$213K	$135K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2391	+0.017%	$182K	$2.4M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2393	+0.101%	$35K	$231K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2386	−0.192%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2388	−0.113%	$91K	$729K	10x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2387	−0.166%	$2K	—	100x	as long as short
Kraken Futures PF_EIGENUSD	+0.0325%	1h	0.2388	−0.094%	$160K	$109K	20x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0360%	1h	0.2388	−0.096%	$41K	$264K	50x	as long as short
Reya EIGENRUSDPERP	+0.0519%	1h	0.2386	−0.200%	$833	—	15x	as long as short