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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate+0.042%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1221.220% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 7 days−0.050%−$5 · spread now +0.042%, 7d avg −0.022%
Together, before fees−0.077%−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.063% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate EIGEN_USDT0.23930.0080pay 0.0040% / 4h2h 14m$720K$581K50x
ShortOKX EIGEN-USDT-SWAP0.23940.0100get 0.0050% / 4h2h 14m$1.6M$4.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$4.2
Price spread: +0.042% → −0.022%
$6.33
Slippage, 4 orders
−$96.98
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$111.44
Costs to cover
1.220%
Break-even
192.7 days
Slippage from Gate: live order book, 32 min ago; OKX: live order book, 3 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, 32 min ago4.20 bp44.4 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago2.09 bp21.9 bp −$22doesn'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−0.0346%4h0.2395+0.084%$9.3M$7.2M50xas long as short
01 Exchange EIGENUSD−0.0048%1h0.2388−0.209%$810$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2396+0.108%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2396+0.113%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.880%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0048%4h0.2392−0.042%$302K$114K75xas long as short
Gate EIGEN_USDTlong+0.0080%4h0.2393long leg$720K$581K50x
Lighter EIGEN+0.0096%1h0.2401+0.326%$539K$508K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2396+0.125%$37K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2400+0.293%$4.5M$1.7M5xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EIGENUSDT+0.0100%4h0.2396+0.129%$44K$26K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2395+0.084%$8.1M$19.9M75xas long as short
OKX EIGEN-USDT-SWAPshort+0.0100%4h0.2394+0.042%$1.6M$4.8M20x
MEXC EIGEN_USDT+0.0100%4h0.2395+0.084%$7.9M$2.4M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2395+0.084%$2.4M$9.9M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2395+0.084%$1.8M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2395+0.084%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2393+0.004%$210K$138Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2395+0.079%$181K$2.5M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2390−0.125%$35K$231K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2396+0.125%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2394+0.047%$89K$722K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2395+0.102%$2K100xas long as short
Kraken Futures PF_EIGENUSD+0.0324%1h0.2397+0.154%$160K$112K20xas long as short
Coinbase International EIGEN-PERP-INTX+0.0360%1h0.2400+0.301%$40K$270K50xas long as short
Reya EIGENRUSDPERP+0.0520%1h0.2395+0.075%$83615xas long as short