Funding you earn now, next payment 23:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.013%
Price spread now: Coinbase International against Binance+0.014%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$740.741% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 3 days (all we have)−0.030%−$3 · spread now +0.014%, 7d avg +0.042%
=Funding pays, the price is against you. Coinbase International is 0.028% cheaper against Binance than usual: you would sell low and buy high (spread +0.014% now, against its 7-day average of +0.042%). If the spread goes back, that is −$3 on $10k: about 37 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EIGENUSDT | 0.2425 | 0.0100 | pay 0.0050% / 4h | 10m 01s | $8.3M | $20.1M | 75x |
| Short | Coinbase International EIGEN-PERP-INTX | 0.2426 | 0.0160 | get 0.0020% / 1h | 10m 01s | $42K | $159K | 50x |
Binance EIGENUSDT
Coinbase International EIGEN-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $12.6
- Price spread: +0.014% → +0.042%
- −$2.79
- Slippage, 4 orders
- −$54.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$64.27
- Costs to cover
- 0.741%
- Break-even
- 42.7 days
Slippage from Binance: live order book, 1 min ago; Coinbase International: live order book, 3 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 Binance live order book, 1 min ago | 2.07 bp | 14.3 bp −$14 | 46.8 bp −$468 | 1076.8 bp −$107.7K | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 9.93 bp | 25.8 bp −$26 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange EIGENUSD | −0.0128% | 1h | 0.2425 | −0.015% | $822 | $5K | 10x | as long as short |
| Kraken Futures PF_EIGENUSD | −0.0016% | 1h | 0.2429 | +0.156% | $175K | $69K | 20x | as long as short |
| Bybit EIGENUSDT | −0.0003% | 4h | 0.2427 | +0.051% | $9.7M | $7.7M | 50x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2417 | −0.353% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2427 | +0.068% | — | $86 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +0.521% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0066% | 4h | 0.2416 | −0.386% | $351K | $133K | 75x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2427 | +0.088% | $32K | $18K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2426 | +0.027% | $46K | $30K | 5x | as long as short |
| Binance EIGENUSDTlong | +0.0100% | 4h | 0.2425 | long leg | $8.3M | $20.1M | 75x |
01 Exchange EIGENUSD
Kraken Futures PF_EIGENUSD
Bybit EIGENUSDT
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
Nado EIGEN-PERP
Aster EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2424 | −0.056% | $1.6M | $5.0M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2425 | −0.015% | $733K | $643K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2425 | −0.015% | $8.6M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2427 | +0.068% | $2.3M | $10.5M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2425 | −0.015% | $1.9M | $1.3M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2426 | +0.026% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2415 | −0.421% | $201K | $125K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2416 | −0.367% | $188K | $2.2M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2418 | −0.303% | $36K | $236K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2426 | +0.026% | $2K | $1K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2425 | +0.005% | $92K | $496K | 10x | as long as short |
| Coinbase International EIGEN-PERP-INTXshort | +0.0160% | 1h | 0.2426 | +0.014% | $42K | $159K | 50x | |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2426 | +0.009% | $2K | — | 100x | as long as short |
| Hyperliquid EIGEN | +0.0313% | 1h | 0.2431 | +0.233% | $4.8M | $1.6M | 5x | as long as short |
| Lighter EIGEN | +0.0440% | 1h | 0.2430 | +0.187% | $553K | $449K | 5x | as long as short |
| Reya EIGENRUSDPERP | +0.0514% | 1h | 0.2425 | −0.015% | $847 | — | 15x | as long as short |
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDC
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
GMX EIGEN/USD [ETH-USDC]
Hyperliquid EIGEN
Lighter EIGEN
Reya EIGENRUSDPERP