Funding you earn now, next payment 08:00 UTC+0.0431%/8h= +47.2% APRnext payment +$2.15 per $10,000 · paid last 24h +0.027%
Price spread now: Gate against Bybit0.000%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1291.285% of the position
Funding, last 7 days+0.167%+$17 on $10k
+Price spread, last 7 days−0.017%−$2 · spread now 0.000%, 7d avg +0.060%
=Funding pays, the price is against you. Gate is 0.060% cheaper against Bybit than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.060%). If the spread goes back, that is −$6 on $10k: about 11 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.167% in total) that is about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.167% in total (about 8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.15 per $10,000. 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 | Bybit EIGENUSDT | 0.2382 | −0.0359 | get 0.0179% / 4h | 2h 32m | $9.2M | $7.1M | 50x |
| Short | Gate EIGEN_USDT | 0.2382 | 0.0072 | get 0.0036% / 4h | 2h 32m | $714K | $575K | 50x |
Bybit EIGENUSDT
Gate EIGEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $90.47
- Price spread: 0.000% → +0.060%
- −$6.02
- Slippage, 4 orders
- −$102.54
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$44.09
- Costs to cover
- 1.285%
- Break-even
- 10.4 days
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 14 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, 1 min ago | 4.20 bp | 21.7 bp −$22 | 55.6 bp −$556 | doesn't fit | doesn't fit |
| Sell Gate live order book, 14 min ago | 4.20 bp | 34.1 bp −$34 | 650.2 bp −$6,502 | 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 EIGENUSDTlong | −0.0359% | 4h | 0.2382 | long leg | $9.2M | $7.1M | 50x | |
| 01 Exchange EIGENUSD | −0.0040% | 1h | 0.2382 | 0.000% | $808 | $5K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2386 | +0.152% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2382 | +0.017% | — | $41 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +2.351% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0048% | 4h | 0.2385 | +0.126% | $349K | $114K | 75x | as long as short |
| Gate EIGEN_USDTshort | +0.0072% | 4h | 0.2382 | 0.000% | $714K | $575K | 50x | |
| Lighter EIGEN | +0.0096% | 1h | 0.2389 | +0.311% | $537K | $507K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2384 | +0.105% | $37K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2386 | +0.168% | $4.5M | $1.7M | 5x | as long as short |
01 Exchange EIGENUSD
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
Lighter EIGEN
Nado EIGEN-PERP
Hyperliquid EIGENShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster EIGENUSDT | +0.0100% | 4h | 0.2385 | +0.113% | $44K | $37K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2383 | +0.023% | $8.1M | $19.8M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2379 | −0.126% | $1.6M | $4.7M | 20x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2382 | 0.000% | $7.9M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2383 | +0.042% | $2.4M | $9.9M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2383 | +0.042% | $1.8M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2382 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2386 | +0.173% | $213K | $135K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2384 | +0.101% | $186K | $2.5M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2397 | +0.630% | $35K | $231K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2382 | 0.000% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2383 | +0.038% | $91K | $723K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2383 | +0.029% | $2K | — | 100x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0326% | 1h | 0.2383 | +0.044% | $159K | $111K | 20x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0360% | 1h | 0.2384 | +0.063% | $42K | $265K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0519% | 1h | 0.2381 | −0.028% | $831 | — | 15x | as long as short |
Aster EIGENUSDT
Binance EIGENUSDT
OKX EIGEN-USDT-SWAP
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]
Kraken Futures PF_EIGENUSD
Coinbase International EIGEN-PERP-INTX
Reya EIGENRUSDPERP