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+0.0175%/8h= +19.1% APRnext payment +$0.22 per $10,000 · paid last 24h −0.029%
Price spread now: Coinbase International against Injective−1.025%64s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Coinbase International is 1.025% cheaper against Injective than usual: you would sell low and buy high (spread −1.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$103 on $10k: about 20 days of funding at the current rate (+$5 a day). The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective EIGEN/USDC PERP0.24380.0033pay 0.0004% / 1h31m 41s$6$65.5x
ShortCoinbase International EIGEN-PERP-INTX0.24130.0208get 0.0026% / 1h31m 41s$41K$246K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. 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
$36.68
Price spread: −1.025% → 0.000%
−$102.54
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$75.88
Costs to cover
0.100%
Break-even
21.5 days
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 31 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Coinbase International live order book, 31 min ago8.92 bp97.4 bp −$97doesn't fitdoesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0125%4h0.2406−1.308%$9.4M$7.5M50xas long as short
dYdX EIGEN-USD0.0000%1h0.2408−1.250%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2406−1.313%$4110xas long as short
Injective EIGEN/USDC PERPlong+0.0033%1h0.2438long leg$6$65.5x
01 Exchange EIGENUSD+0.0056%1h0.2409−1.189%$817$5K10xas long as short
BloFin EIGEN-USDT+0.0092%4h0.2409−1.189%$355K$119K75xas long as short
Lighter EIGEN+0.0096%1h0.2414−0.984%$542K$504K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2410−1.148%$36K$20K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2406−1.297%$45K$39K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2407−1.281%$8.3M$20.6M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2408−1.231%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2403−1.436%$736K$591K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2407−1.272%$8.2M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2404−1.395%$2.4M$10.3M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2405−1.354%$1.9M$1.5M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2406−1.313%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2404−1.414%$194K$124Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2409−1.198%$195K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2409−1.189%$35K$232K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2407−1.272%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2405−1.336%$92K$642K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2407−1.283%$2K100xas long as short
Coinbase International EIGEN-PERP-INTXshort+0.0208%1h0.2413−1.025%$41K$246K50x
Hyperliquid EIGEN+0.0252%1h0.2412−1.066%$4.7M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0517%1h0.2408−1.216%$84115xas long as short
Kraken Futures PF_EIGENUSD+0.0573%1h0.2408−1.240%$166K$100K20xas long as short