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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h +0.215%
Price spread now: Kraken Futures against Variational Omni+0.063%7-day average +0.102% · you sell dearer than you buy
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)+0.599%+$60 on $10k
Price spread, last 3 days (all we have)+0.017%+$2 · spread now +0.063%, 7d avg +0.102%
Together, before fees+0.616%+ Points / potential airdropVariational Omni: Active · farm board+$62 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kraken Futures is 0.039% cheaper against Variational Omni than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.102%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.599%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni EIGEN0.24300.0100pay 0.0050% / 4h26m 49s$203K$125K
ShortKraken Futures PF_EIGENUSD0.2432−0.0016pay 0.0002% / 1h26m 49s$175K$68K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Variational Omni. 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
−$24.43
Price spread: +0.063% → +0.102%
−$3.88
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$38.31
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 52 min ago; Kraken Futures: live order book, 51 min ago. 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 Variational Omni RFQ quote, 52 min ago6.23 bpdoesn't fit56.1 bp −$561doesn't fitdoesn't fit
Sell Kraken Futures live order book, 51 min ago6.23 bp44.4 bp −$44doesn't fitdoesn't fitdoesn't fit

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
Deribit EIGEN_USDC-PERPETUAL−0.0120%1h0.2429−0.038%$8610xas long as short
01 Exchange EIGENUSD−0.0096%1h0.2428−0.091%$823$5K10xas long as short
Kraken Futures PF_EIGENUSDshort−0.0016%1h0.2432+0.063%$175K$68K20x
dYdX EIGEN-USD0.0000%1h0.2430−0.021%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+0.320%$6$65.5xas long as short
Bybit EIGENUSDT+0.0069%4h0.2433+0.114%$9.7M$7.7M50xas long as short
Nado EIGEN-PERP+0.0100%1h0.2430+0.012%$32K$18K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2434+0.169%$46K$30K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2433+0.097%$8.3M$20.0M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2431+0.032%$1.6M$5.0M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.2432+0.073%$733K$640K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2433+0.114%$8.6M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2433+0.114%$2.4M$10.5M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2432+0.073%$1.9M$1.3M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2432+0.073%$1.6Mas long as short
Variational Omni EIGENlong+0.0100%4h0.2430long leg$203K$125K
GRVT EIGEN_USDT_Perp+0.0100%4h0.2431+0.031%$189K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2430−0.009%$36K$237K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2430−0.009%$2K$1K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2432+0.060%$92K$496K10xas long as short
BloFin EIGEN-USDT+0.0139%4h0.2428−0.091%$353K$134K75xas long as short
Coinbase International EIGEN-PERP-INTX+0.0160%1h0.2432+0.090%$42K$159K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2430+0.009%$2K100xas long as short
Hyperliquid EIGEN+0.0411%1h0.2439+0.361%$4.8M$1.6M5xas long as short
Reya EIGENRUSDPERP+0.0514%1h0.2428−0.091%$84815xas long as short
Lighter EIGEN+0.0544%1h0.2435+0.205%$560K$443K5xas long as short