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−0.0503%/8h= −55.1% APRpaid last 24h −0.190%
Price spread now: Orderly against Kraken Futures−0.087%7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Orderly is 0.087% cheaper against Kraken Futures than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_EIGENUSD0.23900.0603pay 0.0075% / 1h41m 45s$162K$92K20x
ShortOrderly PERP_EIGEN_USDC_mythos0.23880.0100get 0.0050% / 4h2h 41m$1K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$105.65
Price spread: −0.087% → 0.000%
−$8.68
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$130.34
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 26 min ago; Orderly: no order-book sample. 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 Kraken Futures live order book, 26 min ago6.12 bp47.3 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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−0.0049%4h0.2388−0.087%$9.4M$7.9M50xas long as short
01 Exchange EIGENUSD−0.0040%1h0.2388−0.087%$810$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2386−0.186%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2389−0.066%$4610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+2.005%$6$65.5xas long as short
Coinbase International EIGEN-PERP-INTX+0.0096%1h0.2391+0.026%$41K$222K50xas long as short
Nado EIGEN-PERP+0.0100%1h0.2389−0.045%$36K$20K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2394+0.164%$4.7M$1.7M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2390+0.005%$44K$39K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2386−0.161%$8.3M$20.8M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2388−0.087%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2386−0.170%$739K$593K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2385−0.212%$8.2M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2390−0.003%$2.3M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2389−0.045%$1.9M$1.5M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2388−0.087%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2398+0.337%$194K$129Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2398+0.331%$188K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2406+0.666%$35K$238K50xas long as short
Orderly PERP_EIGEN_USDC_mythosshort+0.0100%4h0.2388−0.087%$1K$4K10x
Extended EIGEN-USD+0.0104%1h0.2389−0.062%$89K$639K10xas long as short
Lighter EIGEN+0.0112%1h0.2392+0.076%$538K$505K5xas long as short
BloFin EIGEN-USDT+0.0123%4h0.2407+0.708%$357K$125K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2389−0.066%$2K100xas long as short
Reya EIGENRUSDPERP+0.0515%1h0.2389−0.026%$83415xas long as short
Kraken Futures PF_EIGENUSDlong+0.0603%1h0.2390long leg$162K$92K20x