Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against OKX+0.041%7-day average −0.055% · you sell dearer than you buy

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$770.768% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.027%+$3 on $10k

Price spread, last 7 days−0.024%−$2 · spread now +0.041%, 7d avg −0.055%

Together, before fees+0.002%$0 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: Bitget is 0.096% dearer against OKX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.055%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX EIGEN-USDT-SWAP	0.2435	0.0100	pay 0.0050% / 4h	3h 57m	$1.7M	$5.1M	20x
Short	Bitget EIGENUSDT	0.2436	0.0100	get 0.0050% / 4h	3h 57m	$1.9M	$1.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee OKXbpFee BitgetbpOrdersPrice spread, now +0.041%Rate

Funding earned: $0
Price spread: +0.041% → −0.055%: $9.62
Slippage, 4 orders: −$54.81
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$67.19
Costs to cover: 0.768%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; Bitget: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 5 min ago	2.06 bp	18.0 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 9 min ago	4.13 bp	15.8 bp −$16	48.9 bp −$489	doesn't fit	doesn't fit

EIGEN on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit EIGENUSDT	−0.1137%	4h	0.2436	+0.041%	$9.7M	$7.7M	50x	as long as short
01 Exchange EIGENUSD	−0.0160%	1h	0.2432	−0.123%	$825	$5K	10x	as long as short
Kraken Futures PF_EIGENUSD	−0.0097%	1h	0.2437	+0.078%	$176K	$75K	20x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2432	−0.138%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2435	+0.021%	—	$86	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+0.123%	$6	$6	5.5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2433	−0.082%	$32K	$18K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2435	−0.013%	$48K	$34K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2436	+0.041%	$8.3M	$20.4M	75x	as long as short
OKX EIGEN-USDT-SWAPlong	+0.0100%	4h	0.2435	long leg	$1.7M	$5.1M	20x

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate EIGEN_USDT	+0.0100%	4h	0.2434	−0.041%	$736K	$562K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2436	+0.041%	$8.6M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2437	+0.082%	$2.4M	$10.6M	50x	as long as short
Bitget EIGENUSDTshort	+0.0100%	4h	0.2436	+0.041%	$1.9M	$1.4M	75x
BingX EIGEN-USDT	+0.0100%	4h	0.2434	−0.041%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2432	−0.116%	$202K	$125K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2435	−0.001%	$189K	$2.2M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2435	0.000%	$36K	$237K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2435	0.000%	$579	$3K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2436	+0.062%	$92K	$491K	10x	as long as short
BloFin EIGEN-USDT	+0.0121%	4h	0.2435	0.000%	$352K	$134K	75x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0144%	1h	0.2434	−0.057%	$55K	$175K	50x	as long as short
Lighter EIGEN	+0.0168%	1h	0.2440	+0.222%	$555K	$449K	5x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2436	+0.027%	$2K	—	100x	as long as short
Hyperliquid EIGEN	+0.0205%	1h	0.2440	+0.205%	$4.8M	$1.6M	5x	as long as short
Reya EIGENRUSDPERP	+0.0514%	1h	0.2434	−0.061%	$849	—	15x	as long as short