EIGEN arbitrage between Coinbase and Kraken: we compare the price of EIGEN on Coinbase (spot) and Kraken (spot) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

About EigenCloud (prev. EigenLayer)

Renzo is a restaking protocol that abstracts and manages AVS strategies for Liquid Restaking Tokens (LRTs), making Ethereum and Solana restaking ezpz and accessible to everyone. The products $ezETH, $pzETH, and $ezSOL serve as interfaces to the EigenLayer, Symbiotic, and Jito Network ecosystems, respectively. Renzo's mission is to make restaking easy and accessible to everyone while abstracting the complexity away from the end user.

Artificial Intelligence (AI), Infrastructure, Ethereum Ecosystem, Base Ecosystem

EIGEN: Coinbase — deposit open, withdrawal open.

Open interest in EIGEN right now — $21.8M: Binance $5.6M, Bybit $5.0M, HyperLiquid $4.4M, KuCoin $3.0M, Bitget $1.4M. See OI EIGEN.

About EIGEN arbitrage

How do I read the EIGEN spread?

The spread is how many percent higher EIGEN trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on Coinbase and Kraken. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get EIGEN alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.