Funding you earn now, next payment 01:00 UTC−0.0197%/8h= −21.5% APRpaid last 24h +0.199%
Price spread now: Kraken Futures against BingX−0.029%7-day average +0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1021.017% of the position
Funding, last 7 days+0.360%+$36 on $10k
+Price spread, last 3 days (all we have)+0.004%$0 · spread now −0.029%, 7d avg +0.092%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Kraken Futures is 0.121% cheaper against BingX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.092%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.360%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX EIGEN-USDT | 0.2447 | 0.0100 | pay 0.0050% / 4h | 3h 16m | — | $1.6M | — |
| Short | Kraken Futures PF_EIGENUSD | 0.2446 | −0.0097 | pay 0.0012% / 1h | 16m 37s | $175K | $73K | 20x |
BingX EIGEN-USDT
Kraken Futures PF_EIGENUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$41.29
- Price spread: −0.029% → +0.092%
- −$12.12
- Slippage, 4 orders
- −$81.75
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$155.17
- Costs to cover
- 1.017%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; Kraken Futures: live order book, 56 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, 14 min ago | 6.15 bp | 19.8 bp −$20 | 39.3 bp −$393 | 466.3 bp −$46.6K | 803.2 bp −$401.6K |
| Sell Kraken Futures live order book, 56 min ago | 4.13 bp | 33.4 bp −$33 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EIGENUSDshort | −0.0097% | 1h | 0.2446 | −0.029% | $175K | $73K | 20x | |
| 01 Exchange EIGENUSD | −0.0080% | 1h | 0.2447 | 0.000% | $830 | $5K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2446 | −0.057% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2442 | −0.221% | — | $86 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | −0.368% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0046% | 4h | 0.2434 | −0.531% | $354K | $128K | 75x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2454 | +0.286% | $559K | $449K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2449 | +0.061% | $32K | $18K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2446 | −0.027% | $48K | $37K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2447 | 0.000% | $8.4M | $20.1M | 75x | as long as short |
01 Exchange EIGENUSD
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
Lighter EIGEN
Nado EIGEN-PERP
Aster EIGENUSDT
Binance EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2447 | 0.000% | $9.7M | $7.6M | 50x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2446 | −0.041% | $1.7M | $5.0M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2444 | −0.123% | $759K | $588K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2447 | 0.000% | $8.7M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2445 | −0.082% | $2.4M | $10.5M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2447 | 0.000% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDTlong | +0.0100% | 4h | 0.2447 | long leg | — | $1.6M | — | |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2442 | −0.221% | $206K | $121K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2442 | −0.204% | $190K | $2.2M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2442 | −0.204% | $36K | $238K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2442 | −0.204% | $580 | $3K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2447 | +0.011% | $93K | $640K | 10x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0144% | 1h | 0.2442 | −0.204% | $54K | $176K | 50x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2441 | −0.256% | $2K | — | 100x | as long as short |
| Hyperliquid EIGEN | +0.0233% | 1h | 0.2453 | +0.245% | $4.9M | $1.6M | 5x | as long as short |
| Reya EIGENRUSDPERP | +0.0515% | 1h | 0.2441 | −0.253% | $852 | — | 15x | as long as short |
Bybit EIGENUSDT
OKX EIGEN-USDT-SWAP
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
Coinbase International EIGEN-PERP-INTX
GMX EIGEN/USD [ETH-USDC]
Hyperliquid EIGEN
Reya EIGENRUSDPERP