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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0806%/8h= −88.2% APRnext payment $1.01 per $10,000 · paid last 24h −0.250%
Price spread now: 01 Exchange against Kraken Futures−0.139%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 3 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 −$24 a day on $10k at the current rate, and 01 Exchange is 0.139% cheaper against Kraken Futures than usual: you would sell low and buy high (−$14 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_EIGENUSD0.23930.0686pay 0.0086% / 1h49m 29s$173K$68K20x
Short01 Exchange EIGENUSD0.2390−0.0120pay 0.0015% / 1h49m 29s$810$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$169.23
Price spread: −0.139% → 0.000%
−$13.86
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$200.09
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 33 min ago; 01 Exchange: 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, 33 min ago18.60 bp59.0 bp −$59doesn't fitdoesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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
01 Exchange EIGENUSDshort−0.0120%1h0.2390−0.139%$810$5K10x
Deribit EIGEN_USDC-PERPETUAL−0.0043%1h0.2389−0.168%$8610xas long as short
dYdX EIGEN-USD0.0000%1h0.2392−0.064%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.867%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2393−0.005%$538K$430K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2391−0.097%$28K$17K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2394+0.029%$4.7M$1.5M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2390−0.119%$44K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2390−0.139%$8.1M$20.2M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2390−0.139%$9.6M$7.9M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2389−0.180%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2390−0.139%$716K$635K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2389−0.180%$8.6M$2.2M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2391−0.097%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2391−0.097%$1.9M$1.4M75xas long as short
BingX EIGEN-USDC+0.0100%4h0.2391−0.097%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2393−0.001%$200K$154Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2392−0.070%$184K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2396+0.112%$35K$236K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2390−0.139%$2K$1K10xas long as short
BloFin EIGEN-USDT+0.0102%4h0.2394+0.029%$345K$137K75xas long as short
Extended EIGEN-USD+0.0104%1h0.2390−0.144%$90K$496K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2390−0.125%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0200%1h0.2402+0.371%$42K$160K50xas long as short
Reya EIGENRUSDPERP+0.0512%1h0.2391−0.099%$83515xas long as short
Kraken Futures PF_EIGENUSDlong+0.0686%1h0.2393long leg$173K$68K20x