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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h +0.010%
Price spread now: Coinbase International against Gate−0.083%50s7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$274as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2692.688% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.055%−$5 on $10k
Price spread, last 3 days (all we have)+0.137%+$14 · spread now −0.083%, 7d avg +0.045%
Together, before fees+0.082%+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.128% cheaper against Gate than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of +0.045%). If the spread goes back, that is −$13 on $10k: about 9.7 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EIGEN_USDT0.24120.0100pay 0.0050% / 4h2h 27m$721K$672K50x
ShortCoinbase International EIGEN-PERP-INTX0.24100.0144get 0.0018% / 1h27m 22s$42K$160K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$9.24
Price spread: −0.083% → +0.045%
−$12.8
Slippage, 4 orders
−$243.82
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$272.38
Costs to cover
2.688%
Break-even
213.3 days
Slippage from Gate: live order book, 59 min ago; Coinbase International: live order book, 60 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, 59 min ago6.15 bp30.0 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 60 min ago9.90 bp106.7 bp −$107doesn'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
dYdX EIGEN-USD0.0000%1h0.2412−0.004%$3K5xas long as short
01 Exchange EIGENUSD0.0000%1h0.2415+0.124%$819$5K10xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2415+0.141%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.078%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0061%4h0.2407−0.207%$349K$136K75xas long as short
Aster EIGENUSDT+0.0100%4h0.2416+0.150%$44K$24K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2415+0.112%$8.3M$20.1M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2415+0.112%$9.6M$8.0M50xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2413+0.041%$1.6M$5.1M20xas long as short
Gate EIGEN_USDTlong+0.0100%4h0.2412long leg$721K$672K50x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.2415+0.124%$8.5M$2.2M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2414+0.083%$2.4M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2413+0.041%$1.9M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2414+0.083%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2406−0.233%$202K$152Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2406−0.251%$186K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2406−0.249%$35K$235K50xas long as short
Nado EIGEN-PERP+0.0100%1h0.2414+0.104%$29K$16K3xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2414+0.083%$2K$2K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2415+0.115%$91K$496K10xas long as short
Coinbase International EIGEN-PERP-INTXshort+0.0144%1h0.2410−0.083%$42K$160K50x
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2415+0.125%$2K100xas long as short
Kraken Futures PF_EIGENUSD+0.0310%1h0.2413+0.031%$174K$68K20xas long as short
Lighter EIGEN+0.0360%1h0.2417+0.228%$563K$413K5xas long as short
Hyperliquid EIGEN+0.0512%1h0.2421+0.373%$4.8M$1.5M5xas long as short
Reya EIGENRUSDPERP+0.0512%1h0.2415+0.140%$84315xas long as short