Funding you earn now, next payment 00:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.077%
Price spread now: BloFin against Bybit−0.083%92s7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$5as 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−$660.664% of the position
Funding, last 7 days+0.615%+$61 on $10k
+Price spread, last 3 days (all we have)+0.101%+$10 · spread now −0.083%, 7d avg +0.024%
=Funding pays, the price is against you. BloFin is 0.107% cheaper against Bybit than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of +0.024%). If the spread goes back, that is −$11 on $10k: about 13 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.615% in total) that is about 29 hours. The two prices were read 92 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 | Bybit EIGENUSDT | 0.2405 | 0.0100 | pay 0.0050% / 4h | 1h 11m | $9.6M | $7.8M | 50x |
| Short | BloFin EIGEN-USDT | 0.2403 | 0.0127 | get 0.0064% / 4h | 1h 11m | $347K | $133K | 75x |
Bybit EIGENUSDT
BloFin EIGEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $5.69
- Price spread: −0.083% → +0.024%
- −$10.68
- Slippage, 4 orders
- −$43.44
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$71.43
- Costs to cover
- 0.664%
- Break-even
- 94.8 days
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 3 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 Bybit live order book, 2 min ago | 2.08 bp | 19.4 bp −$19 | 58.2 bp −$582 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 4.16 bp | 13.6 bp −$14 | 24.9 bp −$249 | 181.2 bp −$18.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange EIGENUSD | −0.0112% | 1h | 0.2405 | 0.000% | $816 | $5K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2407 | +0.070% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2407 | +0.067% | — | $86 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.372% | $6 | $6 | 5.5x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2409 | +0.187% | $541K | $431K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2408 | +0.125% | $28K | $17K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2412 | +0.291% | $4.7M | $1.5M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2407 | +0.082% | $44K | $29K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2405 | 0.000% | $8.2M | $20.0M | 75x | as long as short |
| Bybit EIGENUSDTlong | +0.0100% | 4h | 0.2405 | long leg | $9.6M | $7.8M | 50x |
01 Exchange EIGENUSD
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
Lighter EIGEN
Nado EIGEN-PERP
Hyperliquid EIGEN
Aster EIGENUSDT
Binance EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2405 | 0.000% | $1.6M | $4.9M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2405 | 0.000% | $720K | $639K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2406 | +0.042% | $8.6M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2407 | +0.083% | $2.3M | $10.6M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2405 | 0.000% | $1.8M | $1.3M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2406 | +0.042% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2404 | −0.033% | $200K | $132K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2405 | −0.014% | $185K | $2.1M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2405 | 0.000% | $35K | $236K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2407 | +0.083% | $2K | $1K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2407 | +0.072% | $91K | $496K | 10x | as long as short |
| BloFin EIGEN-USDTshort | +0.0127% | 4h | 0.2403 | −0.083% | $347K | $133K | 75x | |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2407 | +0.079% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0200% | 1h | 0.2405 | 0.000% | $42K | $158K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0513% | 1h | 0.2408 | +0.107% | $840 | — | 15x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0682% | 1h | 0.2407 | +0.091% | $174K | $68K | 20x | as long as short |
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
Kraken Futures PF_EIGENUSD