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−0.0498%/8h= −54.5% APRpaid last 24h −0.190%
Price spread now: Gate against Kraken Futures−0.210%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1481.478% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.363%−$36 on $10k
Price spread, last 3 days (all we have)+0.213%+$21 · spread now −0.210%, 7d avg −0.098%
Together, before fees−0.150%−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Gate is 0.111% cheaper against Kraken Futures than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.098%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_EIGENUSD0.24120.0598pay 0.0075% / 1h2m 50s$165K$99K20x
ShortGate EIGEN_USDT0.24070.0100get 0.0050% / 4h2h 02m$737K$602K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Kraken Futures. 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
−$104.5
Price spread: −0.210% → −0.098%
−$11.11
Slippage, 4 orders
−$122.78
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$263.39
Costs to cover
1.478%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 65 min ago; Gate: live order book, 64 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 Kraken Futures live order book, 65 min ago6.12 bp47.3 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 64 min ago4.10 bp31.7 bp −$32doesn't fitdoesn't fitdoesn't fit

EIGEN on 25 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%1h0.2412−0.020%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2410−0.069%$4110xas long as short
Bybit EIGENUSDT+0.0008%4h0.2408−0.168%$9.4M$7.7M50xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.076%$6$65.5xas long as short
01 Exchange EIGENUSD+0.0064%1h0.2411−0.044%$818$5K10xas long as short
Lighter EIGEN+0.0096%1h0.2417+0.222%$543K$505K5xas long as short
Coinbase International EIGEN-PERP-INTX+0.0096%1h0.2413+0.031%$40K$236K50xas long as short
Nado EIGEN-PERP+0.0100%1h0.2412−0.002%$36K$20K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2408−0.187%$45K$39K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2408−0.173%$8.3M$20.8M75xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2409−0.127%$1.6M$5.0M20xas long as short
Gate EIGEN_USDTshort+0.0100%4h0.2407−0.210%$737K$602K50x
MEXC EIGEN_USDT+0.0100%4h0.2408−0.168%$8.2M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2408−0.168%$2.4M$10.4M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2407−0.210%$1.9M$1.5M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2408−0.168%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2405−0.289%$195K$124Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2405−0.282%$191K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2406−0.251%$35K$230K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2411−0.044%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2409−0.143%$89K$639K10xas long as short
Hyperliquid EIGEN+0.0118%1h0.2414+0.081%$4.7M$1.7M5xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2409−0.134%$2K100xas long as short
Reya EIGENRUSDPERP+0.0516%1h0.2411−0.056%$84215xas long as short
Kraken Futures PF_EIGENUSDlong+0.0598%1h0.2412long leg$165K$99K20x