Funding you earn now, next payment 12:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.22 per $10,000 · paid last 24h −0.020%
Price spread now: KuCoin against BloFin−0.170%80s7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as 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−$880.885% of the position
Funding, last 7 days−0.471%−$47 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now −0.170%, 7d avg +0.014%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.184% cheaper against BloFin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.014%). Swap the legs. The two prices were read 80 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 | BloFin EIGEN-USDT | 0.2352 | 0.0144 | pay 0.0072% / 4h | 51m 52s | $346K | $118K | 75x |
| Short | KuCoin EIGENUSDTM | 0.2348 | 0.0100 | get 0.0050% / 4h | 51m 52s | $2.3M | $9.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$9.19
- Price spread: −0.170% → +0.014%
- −$18.4
- Slippage, 4 orders
- −$64.49
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$116.07
- Costs to cover
- 0.885%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 51 min ago; KuCoin: live order book, 4 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, 51 min ago | 6.34 bp | 13.6 bp −$14 | 29.7 bp −$297 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 2.12 bp | 32.1 bp −$32 | 173.5 bp −$1,735 | 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 | −1.2712% | 1h | 0.2263 | −3.784% | $766 | $5K | 10x | as long as short |
| Bybit EIGENUSDT | −0.0446% | 4h | 0.2347 | −0.221% | $8.7M | $6.6M | 50x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | −0.0261% | 1h | 0.2349 | −0.145% | — | — | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2350 | −0.102% | $3K | — | 5x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +3.656% | $6 | $6 | 5.5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2350 | −0.064% | $23K | $16K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2353 | +0.043% | $4.4M | $1.4M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2351 | −0.058% | $44K | $25K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2347 | −0.213% | $7.9M | $18.8M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2347 | −0.213% | $1.5M | $4.4M | 20x | as long as short |
Show all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2349 | −0.128% | $701K | $533K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2349 | −0.128% | $7.6M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTMshort | +0.0100% | 4h | 0.2348 | −0.170% | $2.3M | $9.3M | 50x | |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2349 | −0.128% | $1.8M | $1.3M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2348 | −0.170% | — | $1.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2356 | +0.186% | $213K | $118K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2356 | +0.170% | $183K | $3.1M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2358 | +0.255% | $32K | $230K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2349 | −0.128% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2347 | −0.221% | $82K | $684K | 10x | as long as short |
| BloFin EIGEN-USDTlong | +0.0144% | 4h | 0.2352 | long leg | $346K | $118K | 75x | |
| GMX EIGEN/USD [ETH-USDC] | L +0.0194% / S −0.0568% | 1h | 0.2349 | −0.124% | $2K | — | 100x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0243% | 1h | 0.2351 | −0.064% | $161K | $133K | 20x | as long as short |
| Lighter EIGEN | +0.0424% | 1h | 0.2357 | +0.196% | $565K | $486K | 5x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0456% | 1h | 0.2361 | +0.391% | $38K | $270K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0525% | 1h | 0.2348 | −0.164% | $820 | — | 15x | as long as short |
BloFin EIGEN-USDT
KuCoin EIGENUSDTM
01 Exchange EIGENUSD
Bybit EIGENUSDT
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
Hyperliquid EIGEN
Aster EIGENUSDT
Binance EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Extended EIGEN-USD
GMX EIGEN/USD [ETH-USDC]
Kraken Futures PF_EIGENUSD
Lighter EIGEN
Coinbase International EIGEN-PERP-INTX