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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against OKX−0.124%80s7-day average +0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$970.966% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.023%+$2 on $10k
Price spread, last 4 days (all we have)+0.599%+$60 · spread now −0.124%, 7d avg +0.077%
Together, before fees+0.622%+$62 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.202% cheaper against OKX than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.077%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX EIGEN-USDT-SWAP0.24110.0100pay 0.0050% / 4h1h 56m$1.6M$5.0M20x
ShortApeX Omni EIGENUSDT0.24080.0100get 0.0013% / 1h56m 10s$35K$231K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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
$0
Price spread: −0.124% → +0.077%
−$20.17
Slippage, 4 orders
−$76.61
Fee OKX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$116.78
Costs to cover
0.966%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; ApeX Omni: live order book, 5 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 OKX live order book, 1 min ago2.09 bp23.3 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 5 min ago10.38 bp26.4 bp −$26doesn'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+0.041%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2417+0.236%$4110xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.120%$6$65.5xas long as short
Bybit EIGENUSDT+0.0034%4h0.2412+0.050%$9.4M$7.7M50xas long as short
Lighter EIGEN+0.0096%1h0.2420+0.394%$544K$504K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2419+0.353%$36K$20K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2417+0.248%$45K$39K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2414+0.117%$8.3M$20.6M75xas long as short
OKX EIGEN-USDT-SWAPlong+0.0100%4h0.2411long leg$1.6M$5.0M20x
Gate EIGEN_USDT+0.0100%4h0.2415+0.166%$739K$588K50xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EIGEN_USDT+0.0100%4h0.2414+0.124%$8.3M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2413+0.083%$2.4M$10.4M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2414+0.124%$1.9M$1.5M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2414+0.124%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2417+0.253%$194K$124Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2406−0.207%$191K$2.2M10xas long as short
ApeX Omni EIGENUSDTshort+0.0100%1h0.2408−0.124%$35K$231K50x
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2417+0.249%$1K$4K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2416+0.201%$89K$639K10xas long as short
01 Exchange EIGENUSD+0.0112%1h0.2420+0.373%$821$5K10xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2418+0.285%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0208%1h0.2418+0.303%$41K$236K50xas long as short
Hyperliquid EIGEN+0.0221%1h0.2419+0.332%$4.7M$1.7M5xas long as short
Reya EIGENRUSDPERP+0.0516%1h0.2418+0.307%$84415xas long as short
Kraken Futures PF_EIGENUSD+0.0571%1h0.2418+0.310%$167K$99K20xas long as short