Funding you earn now, next payment 21:00 UTC+0.0396%/8h= +43.4% APRpaid last 24h +0.083%
Price spread now: Coinbase International against Bitget+0.216%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$2262.261% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)−0.098%−$10 · spread now +0.216%, 7d avg +0.092%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Coinbase International is 0.124% dearer against Bitget than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.092%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.062% in total (about 3.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget EIGENUSDT | 0.2449 | 0.0100 | pay 0.0050% / 4h | 2h 19m | $1.9M | $1.3M | 75x |
| Short | Coinbase International EIGEN-PERP-INTX | 0.2454 | 0.0496 | get 0.0062% / 1h | 19m 09s | $39K | $319K | 50x |
Bitget EIGENUSDT
Coinbase International EIGEN-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Bitget. 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
- $83.16
- Price spread: +0.216% → +0.092%
- $12.4
- Slippage, 4 orders
- −$204.08
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$130.51
- Costs to cover
- 2.261%
- Break-even
- 18.0 days
Slippage from Bitget: live order book, 1 min ago; Coinbase International: live order book, 37 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 Bitget live order book, 1 min ago | 4.08 bp | 28.4 bp −$28 | 61.0 bp −$610 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 37 min ago | 7.31 bp | 105.2 bp −$105 | doesn't fit | doesn't fit | doesn't fit |
EIGEN on 26 exchanges
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 | −0.1072% | 1h | 0.2443 | −0.245% | $832 | $625 | 10x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | −0.0770% | 1h | 0.2447 | −0.065% | $10K | $10K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2456 | +0.286% | $13K | $10K | 5x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2324 | −5.104% | $6 | $48K | 5.5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2450 | +0.041% | $43K | $27K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2454 | +0.204% | $4.2M | $1.1M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2451 | +0.073% | $45K | $32K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2447 | −0.082% | $8.4M | $16.0M | 75x | as long as short |
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2448 | −0.033% | $9.1M | $4.4M | 50x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2448 | −0.041% | $1.6M | $3.6M | 20x | as long as short |
01 Exchange EIGENUSD
Deribit EIGEN_USDC-PERPETUAL
dYdX EIGEN-USD
Injective EIGEN/USDC PERP
Nado EIGEN-PERP
Hyperliquid EIGEN
Aster EIGENUSDT
Binance EIGENUSDT
Bybit EIGENUSDT
OKX EIGEN-USDT-SWAPShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2450 | +0.041% | $738K | $444K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2446 | −0.122% | $8.7M | $2.1M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2448 | −0.041% | $2.1M | $7.9M | 50x | as long as short |
| Bitget EIGENUSDTlong | +0.0100% | 4h | 0.2449 | long leg | $1.9M | $1.3M | 75x | |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2449 | 0.000% | — | $1.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2456 | +0.269% | $236K | $132K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2456 | +0.279% | $193K | $1.7M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2456 | +0.286% | $33K | $221K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2448 | −0.041% | $1K | $2K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2447 | −0.082% | $66K | $718K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0130% | 4h | 0.2455 | +0.245% | $379K | $100K | 75x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0199% / S −0.0568% | 1h | 0.2450 | +0.024% | $2K | — | 100x | as long as short |
| Lighter EIGEN | +0.0200% | 1h | 0.2454 | +0.212% | $557K | $233K | 5x | as long as short |
| Coinbase International EIGEN-PERP-INTXshort | +0.0496% | 1h | 0.2454 | +0.216% | $39K | $319K | 50x | |
| Reya EIGENRUSDPERP | +0.0535% | 1h | 0.2448 | −0.036% | $855 | — | 15x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0817% | 1h | 0.2454 | +0.214% | $192K | $170K | 20x | as long as short |
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
BingX EIGEN-USDT
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]
Lighter EIGEN
Reya EIGENRUSDPERP
Kraken Futures PF_EIGENUSD