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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Gate+0.168%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1321.323% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.220%+$22 · spread now +0.168%, 7d avg +0.068%
Together, before fees+0.216%+$22 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: ApeX Omni is 0.100% dearer against Gate than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EIGEN_USDT0.23770.0100pay 0.0050% / 4h39m 41s$704K$599K50x
ShortApeX Omni EIGENUSDT0.23810.0100get 0.0013% / 1h39m 41s$35K$232K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. 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
Price spread: +0.168% → +0.068%
$10.03
Slippage, 4 orders
−$107.26
Fee Gate: 7.5 bp × 2 orders
−$15
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$122.23
Costs to cover
1.323%
Break-even
never at this rate
Slippage from Gate: live order book, 62 min ago; ApeX Omni: live order book, 62 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 Gate live order book, 62 min ago4.21 bp38.1 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 62 min ago12.62 bp26.9 bp −$27doesn'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−0.0252%4h0.2372−0.202%$9.0M$7.4M50xas long as short
Kraken Futures PF_EIGENUSD−0.0103%1h0.2377+0.007%$159K$118K20xas long as short
Deribit EIGEN_USDC-PERPETUAL−0.0087%1h0.2376−0.050%$4110xas long as short
dYdX EIGEN-USD0.0000%1h0.2374−0.145%$3K5xas long as short
01 Exchange EIGENUSD+0.0024%1h0.2373−0.168%$805$5K10xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+2.566%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2378+0.050%$534K$500K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2377−0.021%$36K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2380+0.126%$4.5M$1.7M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2374−0.112%$44K$26K5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance EIGENUSDT+0.0100%4h0.2372−0.210%$8.0M$20.1M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2372−0.210%$1.6M$4.7M20xas long as short
Gate EIGEN_USDTlong+0.0100%4h0.2377long leg$704K$599K50x
MEXC EIGEN_USDT+0.0100%4h0.2374−0.126%$8.0M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2374−0.126%$2.4M$9.7M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2374−0.126%$1.8M$1.3M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2374−0.126%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2379+0.065%$209K$138Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2381+0.167%$191K$2.7M10xas long as short
ApeX Omni EIGENUSDTshort+0.0100%1h0.2381+0.168%$35K$232K50x
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2376−0.042%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2372−0.225%$88K$693K10xas long as short
BloFin EIGEN-USDT+0.0148%4h0.2379+0.084%$346K$110K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2376−0.030%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0488%1h0.2379+0.088%$38K$273K50xas long as short
Reya EIGENRUSDPERP+0.0521%1h0.2375−0.072%$82915xas long as short