Funding you earn now, next payment 04:00 UTC+0.0435%/8h= +47.6% APRpaid last 24h +0.139%
Price spread now: Kraken Futures against BloFin−0.080%7-day average +0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$980.985% of the position
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now −0.080%, 7d avg +0.089%
=Funding pays, the price is against you. Kraken Futures is 0.169% cheaper against BloFin than usual: you would sell low and buy high (spread −0.080% now, against its 7-day average of +0.089%). If the spread goes back, that is −$17 on $10k: about 31 hours of funding at the current rate (+$13 a day). 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 current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.055% in total (about -2.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin EIGEN-USDT | 0.2377 | 0.0043 | pay 0.0021% / 4h | 47m 01s | $352K | $110K | 75x |
| Short | Kraken Futures PF_EIGENUSD | 0.2375 | 0.0477 | get 0.0060% / 1h | 47m 01s | $162K | $104K | 20x |
BloFin EIGEN-USDT
Kraken Futures PF_EIGENUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BloFin. 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
- $91.27
- Price spread: −0.080% → +0.089%
- −$16.92
- Slippage, 4 orders
- −$76.46
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$24.12
- Costs to cover
- 0.985%
- Break-even
- 8.8 days
Slippage from BloFin: live order book, 53 min ago; Kraken Futures: live order book, 10 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 BloFin live order book, 53 min ago | 4.17 bp | 21.4 bp −$21 | 33.9 bp −$339 | 315.3 bp −$31.5K | doesn't fit |
| Sell Kraken Futures live order book, 10 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 | −0.0095% | 4h | 0.2376 | −0.042% | $9.2M | $7.3M | 50x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2376 | −0.060% | $3K | — | 5x | as long as short |
| 01 Exchange EIGENUSD | 0.0000% | 1h | 0.2369 | −0.337% | $803 | $5K | 10x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2375 | −0.072% | — | $41 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +2.566% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDTlong | +0.0043% | 4h | 0.2377 | long leg | $352K | $110K | 75x | |
| Lighter EIGEN | +0.0096% | 1h | 0.2379 | +0.088% | $535K | $504K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2379 | +0.105% | $36K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2381 | +0.168% | $4.6M | $1.7M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2375 | −0.072% | $44K | $37K | 5x | as long as short |
Bybit EIGENUSDT
dYdX EIGEN-USD
01 Exchange EIGENUSD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
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 | 0.2377 | −0.001% | $8.2M | $20.3M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2376 | −0.042% | $1.6M | $4.8M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2373 | −0.168% | $725K | $571K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2375 | −0.084% | $8.0M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2375 | −0.084% | $2.3M | $10.1M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2374 | −0.126% | $1.8M | $1.5M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2377 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2381 | +0.172% | $193K | $124K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2374 | −0.126% | $188K | $2.3M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2373 | −0.168% | $35K | $231K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2377 | 0.000% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2373 | −0.152% | $87K | $642K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2378 | +0.026% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0280% | 1h | 0.2376 | −0.029% | $40K | $246K | 50x | as long as short |
| Kraken Futures PF_EIGENUSDshort | +0.0477% | 1h | 0.2375 | −0.080% | $162K | $104K | 20x | |
| Reya EIGENRUSDPERP | +0.0517% | 1h | 0.2378 | +0.033% | $830 | — | 15x | as long as short |
Binance EIGENUSDT
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]
Coinbase International EIGEN-PERP-INTX
Reya EIGENRUSDPERP