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+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.012%
Price spread now: Coinbase International against Extended−0.267%7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$249as in the Funding arb table
Net, price: spread back to 7d avg − costs−$278as in the Price arb table
costs, in and out, $10k−$2452.447% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.040%−$4 on $10k
Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.267%, 7d avg +0.064%
Together, before fees+0.047%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.331% cheaper against Extended than usual: you would sell low and buy high (spread −0.267% now, against its 7-day average of +0.064%). If the spread goes back, that is −$33 on $10k: about 11 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EIGEN-USD0.24100.0104pay 0.0013% / 1h33m 33s$92K$642K10x
ShortCoinbase International EIGEN-PERP-INTX0.24040.0208get 0.0026% / 1h33m 33s$41K$245K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$21.84
Price spread: −0.267% → +0.064%
−$33.1
Slippage, 4 orders
−$229.73
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$255.98
Costs to cover
2.447%
Break-even
89.0 days
Slippage from Extended: live order book, 29 min ago; Coinbase International: live order book, 29 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 ago8.31 bp28.1 bp −$28147.6 bp −$1,476doesn't fitdoesn't fit
Sell Coinbase International live order book, 29 min ago8.92 bp97.4 bp −$97doesn'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
Bybit EIGENUSDT−0.0113%4h0.2410−0.013%$9.4M$7.6M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2405−0.225%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2407−0.142%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.144%$6$65.5xas long as short
01 Exchange EIGENUSD+0.0056%1h0.2412+0.065%$818$5K10xas long as short
Lighter EIGEN+0.0096%1h0.2415+0.198%$543K$504K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2411+0.024%$36K$20K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2408−0.088%$45K$39K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2411+0.024%$8.3M$20.5M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2411+0.024%$1.6M$5.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.2407−0.142%$737K$591K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2410−0.018%$8.2M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2407−0.142%$2.4M$10.3M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2409−0.059%$1.9M$1.5M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2409−0.059%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2404−0.286%$194K$124Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2409−0.068%$195K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2409−0.059%$35K$232K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2407−0.142%$1K$4K10xas long as short
BloFin EIGEN-USDT+0.0102%4h0.2408−0.101%$356K$119K75xas long as short
Extended EIGEN-USDlong+0.0104%1h0.2410long leg$92K$642K10x
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2406−0.175%$2K100xas long as short
Coinbase International EIGEN-PERP-INTXshort+0.0208%1h0.2404−0.267%$41K$245K50x
Hyperliquid EIGEN+0.0274%1h0.2415+0.190%$4.7M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0516%1h0.2408−0.099%$84115xas long as short
Kraken Futures PF_EIGENUSD+0.0573%1h0.2409−0.076%$166K$99K20xas long as short