Funding arb · Price arb /

EIGEN

all EIGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.037%

Price spread now: Gate against 01 Exchange−0.042%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Gate

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Gate is 0.042% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.7 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange EIGENUSD	0.2395	0.0048	pay 0.0006% / 1h	37m 51s	$812	$5K	10x
Short	Gate EIGEN_USDT	0.2394	0.0100	get 0.0050% / 4h	1h 37m	$733K	$590K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against 01 Exchange. 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 01 ExchangebpFee GatebpOrdersPrice spread, now −0.042%Rate

Funding earned: $10.92
Price spread: −0.042% → 0.000%: −$4.18
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$15.26
Costs to cover: 0.220%
Break-even: 16.8 days

Slippage unknown: 01 Exchange: no order-book sample; Gate: live order book, 24 min ago. Net counts fees only.

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 01 Exchange no order-book sample	—	—	—	—	—
Sell Gate live order book, 24 min ago	4.16 bp	30.2 bp −$30	560.5 bp −$5,605	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit EIGENUSDT	−0.0132%	4h	0.2396	+0.042%	$9.3M	$7.6M	50x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2399	+0.147%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2395	+0.008%	—	$41	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+1.795%	$6	$6	5.5x	as long as short
01 Exchange EIGENUSDlong	+0.0048%	1h	0.2395	long leg	$812	$5K	10x
Lighter EIGEN	+0.0096%	1h	0.2401	+0.259%	$540K	$504K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2396	+0.042%	$36K	$20K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2395	+0.018%	$44K	$39K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2396	+0.042%	$8.3M	$20.6M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2396	+0.042%	$1.6M	$4.9M	20x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate EIGEN_USDTshort	+0.0100%	4h	0.2394	−0.042%	$733K	$590K	50x
MEXC EIGEN_USDT	+0.0100%	4h	0.2396	+0.042%	$8.2M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2395	0.000%	$2.4M	$10.3M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2395	0.000%	$1.9M	$1.5M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2397	+0.084%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2399	+0.147%	$194K	$124K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2406	+0.460%	$182K	$2.2M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2408	+0.543%	$35K	$232K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2396	+0.042%	$1K	$4K	10x	as long as short
BloFin EIGEN-USDT	+0.0101%	4h	0.2397	+0.084%	$356K	$118K	75x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2396	+0.059%	$91K	$642K	10x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2395	+0.015%	$2K	—	100x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0208%	1h	0.2397	+0.088%	$40K	$241K	50x	as long as short
Hyperliquid EIGEN	+0.0254%	1h	0.2402	+0.292%	$4.7M	$1.6M	5x	as long as short
Reya EIGENRUSDPERP	+0.0516%	1h	0.2395	+0.013%	$836	—	15x	as long as short
Kraken Futures PF_EIGENUSD	+0.0576%	1h	0.2397	+0.073%	$165K	$99K	20x	as long as short