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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Extended−0.018%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$860.858% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 4 days (all we have)−0.119%−$12 · spread now −0.018%, 7d avg +0.009%
Together, before fees−0.109%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.027% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EIGEN-USD0.24430.0104pay 0.0013% / 1h48m 57s$92K$496K10x
ShortBingX EIGEN-USDT0.24430.0100get 0.0050% / 4h48m 57s$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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
−$0.84
Price spread: −0.018% → +0.009%
−$2.7
Slippage, 4 orders
−$70.76
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$89.3
Costs to cover
0.858%
Break-even
never at this rate
Slippage from Extended: live order book, 29 min ago; BingX: live order book, 8 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 Extended live order book, 29 min ago8.33 bp28.3 bp −$28161.4 bp −$1,614doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago4.11 bp14.3 bp −$1434.9 bp −$349259.9 bp −$26.0K772.8 bp −$386.4K

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
Deribit EIGEN_USDC-PERPETUAL−0.0119%1h0.2441−0.112%$8610xas long as short
01 Exchange EIGENUSD−0.0064%1h0.2440−0.141%$827$5K10xas long as short
Kraken Futures PF_EIGENUSD−0.0016%1h0.2444+0.017%$176K$68K20xas long as short
dYdX EIGEN-USD0.0000%1h0.2443−0.032%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438−0.223%$6$65.5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2442−0.059%$31K$17K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2443−0.022%$45K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2443−0.019%$8.3M$20.0M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2442−0.059%$9.7M$7.7M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2443−0.018%$1.6M$5.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.2442−0.059%$734K$637K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2442−0.059%$8.7M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2443−0.018%$2.4M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2442−0.059%$1.9M$1.3M75xas long as short
BingX EIGEN-USDTshort+0.0100%4h0.2443−0.018%$1.6M
Variational Omni EIGEN+0.0100%4h0.2443−0.030%$203K$127Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2444+0.023%$187K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2443−0.018%$36K$236K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2440−0.141%$2K$1K10xas long as short
Extended EIGEN-USDlong+0.0104%1h0.2443long leg$92K$496K10x
BloFin EIGEN-USDT+0.0145%4h0.2439−0.182%$349K$135K75xas long as short
Coinbase International EIGEN-PERP-INTX+0.0160%1h0.2441−0.096%$42K$160K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2442−0.068%$2K100xas long as short
Hyperliquid EIGEN+0.0365%1h0.2449+0.228%$4.8M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0513%1h0.2441−0.079%$85215xas long as short
Lighter EIGEN+0.0840%1h0.2447+0.138%$563K$443K5xas long as short