Funding you earn now, next payment 20:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h +0.009%
Price spread now: Coinbase International against BingX+0.213%53s7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$428as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$4234.228% of the position
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 3 days (all we have)−0.406%−$41 · spread now +0.213%, 7d avg +0.009%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.204% dearer against BingX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.009%. Mind the row above: over the last 7 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX EIGEN-USDC | 0.2395 | 0.0100 | pay 0.0050% / 4h | 3h 09m | — | $6.5M | — |
| Short | Coinbase International EIGEN-PERP-INTX | 0.2400 | 0.0136 | get 0.0017% / 1h | 9m 26s | $42K | $160K | 50x |
BingX EIGEN-USDC
Coinbase International EIGEN-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BingX. 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
- $7.56
- Price spread: +0.213% → +0.009%
- $20.35
- Slippage, 4 orders
- −$402.77
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$394.85
- Costs to cover
- 4.228%
- Break-even
- 372.6 days
Slippage from BingX: live order book, 15 min ago; Coinbase International: live order book, 18 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 BingX live order book, 15 min ago | 4.11 bp | 108.4 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 18 min ago | 9.90 bp | 106.7 bp −$107 | 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 | −0.0448% | 1h | 0.2395 | 0.000% | $812 | $5K | 10x | as long as short |
| Bybit EIGENUSDT | −0.0383% | 4h | 0.2395 | 0.000% | $9.6M | $8.1M | 50x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2399 | +0.154% | — | $86 | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2398 | +0.125% | $3K | — | 5x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.795% | $6 | $6 | 5.5x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2401 | +0.234% | $578K | $392K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2396 | +0.042% | $29K | $16K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2397 | +0.104% | $44K | $24K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2394 | −0.038% | $8.2M | $20.2M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2393 | −0.084% | $1.6M | $5.0M | 20x | as long as short |
01 Exchange EIGENUSD
Bybit EIGENUSDT
Deribit EIGEN_USDC-PERPETUAL
dYdX EIGEN-USD
Injective EIGEN/USDC PERP
Lighter EIGEN
Nado EIGEN-PERP
Aster EIGENUSDT
Binance EIGENUSDT
OKX EIGEN-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2395 | 0.000% | $718K | $680K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2394 | −0.042% | $8.4M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2395 | 0.000% | $2.4M | $10.7M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2392 | −0.125% | $1.8M | $1.3M | 75x | as long as short |
| BingX EIGEN-USDClong | +0.0100% | 4h | 0.2395 | long leg | — | $6.5M | — | |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2402 | +0.275% | $201K | $151K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2402 | +0.308% | $187K | $2.1M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2402 | +0.292% | $36K | $235K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2395 | 0.000% | $2K | $2K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2394 | −0.034% | $91K | $496K | 10x | as long as short |
| Coinbase International EIGEN-PERP-INTXshort | +0.0136% | 1h | 0.2400 | +0.213% | $42K | $160K | 50x | |
| BloFin EIGEN-USDT | +0.0142% | 4h | 0.2411 | +0.668% | $354K | $135K | 75x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0194% / S −0.0568% | 1h | 0.2395 | −0.002% | $2K | — | 100x | as long as short |
| Hyperliquid EIGEN | +0.0229% | 1h | 0.2403 | +0.334% | $4.8M | $1.5M | 5x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0461% | 1h | 0.2402 | +0.282% | $174K | $66K | 20x | as long as short |
| Reya EIGENRUSDPERP | +0.0511% | 1h | 0.2394 | −0.047% | $836 | — | 15x | as long as short |
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
BloFin EIGEN-USDT
GMX EIGEN/USD [ETH-USDC]
Hyperliquid EIGEN
Kraken Futures PF_EIGENUSD
Reya EIGENRUSDPERP