Funding you earn now, next payment 04:00 UTC+0.0373%/8h= +40.8% APRpaid last 24h +0.184%
Price spread now: Kraken Futures against Bitget−0.046%7-day average +0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1081.083% of the position
Funding, last 7 days+0.388%+$39 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.046%, 7d avg +0.120%
=Funding pays, the price is against you. Kraken Futures is 0.166% cheaper against Bitget than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.120%). If the spread goes back, that is −$17 on $10k: about 36 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.388% in total) that is about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget EIGENUSDT | 0.2399 | 0.0100 | pay 0.0050% / 4h | 29m 41s | $1.9M | $1.4M | 75x |
| Short | Kraken Futures PF_EIGENUSD | 0.2398 | 0.0473 | get 0.0059% / 1h | 29m 41s | $163K | $104K | 20x |
Bitget EIGENUSDT
Kraken Futures PF_EIGENUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $78.27
- Price spread: −0.046% → +0.120%
- −$16.62
- Slippage, 4 orders
- −$86.35
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$46.7
- Costs to cover
- 1.083%
- Break-even
- 11.2 days
Slippage from Bitget: live order book, 2 min ago; Kraken Futures: live order book, 28 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, 2 min ago | 4.18 bp | 17.0 bp −$17 | 53.6 bp −$536 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 28 min ago | 6.24 bp | 45.3 bp −$45 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EIGENUSDT | −0.0079% | 4h | 0.2397 | −0.063% | $9.3M | $7.3M | 50x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2400 | +0.024% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2396 | −0.125% | — | $41 | 10x | as long as short |
| 01 Exchange EIGENUSD | +0.0008% | 1h | 0.2395 | −0.167% | $812 | $5K | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.626% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0051% | 4h | 0.2392 | −0.292% | $356K | $113K | 75x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2406 | +0.279% | $541K | $504K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2397 | −0.104% | $36K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2404 | +0.208% | $4.6M | $1.7M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2398 | −0.030% | $44K | $37K | 5x | as long as short |
Bybit EIGENUSDT
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
01 Exchange EIGENUSD
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
Lighter EIGEN
Nado EIGEN-PERP
Hyperliquid EIGEN
Aster EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance EIGENUSDT | +0.0100% | 4h | 0.2399 | −0.009% | $8.3M | $20.1M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2399 | 0.000% | $1.6M | $4.9M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2397 | −0.083% | $731K | $574K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2398 | −0.042% | $8.1M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2400 | +0.042% | $2.4M | $10.1M | 50x | as long as short |
| Bitget EIGENUSDTlong | +0.0100% | 4h | 0.2399 | long leg | $1.9M | $1.4M | 75x | |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2399 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2392 | −0.309% | $194K | $119K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2391 | −0.333% | $182K | $2.3M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2380 | −0.792% | $35K | $230K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2396 | −0.125% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2398 | −0.047% | $88K | $642K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2395 | −0.162% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0280% | 1h | 0.2400 | +0.029% | $39K | $250K | 50x | as long as short |
| Kraken Futures PF_EIGENUSDshort | +0.0473% | 1h | 0.2398 | −0.046% | $163K | $104K | 20x | |
| Reya EIGENRUSDPERP | +0.0518% | 1h | 0.2395 | −0.176% | $836 | — | 15x | as long as short |
Binance EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
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]
Coinbase International EIGEN-PERP-INTX
Reya EIGENRUSDPERP