Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: GRVT against Bybit−0.165%50s7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as 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−$950.951% of the position
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 3 days (all we have)+0.212%+$21 · spread now −0.165%, 7d avg +0.038%
=Together, before fees+0.351%+ Points / potential airdropGRVT: Active · farm board+$35 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.204% cheaper against Bybit than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.038%. The two prices were read 50 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 | 0.2404 | 0.0100 | pay 0.0050% / 4h | 1h 40m | $9.6M | $7.9M | 50x |
| Short | GRVT EIGEN_USDT_Perp | 0.2400 | 0.0100 | get 0.0050% / 4h | 1h 40m | $191K | $2.1M | 10x |
Bybit EIGENUSDT
GRVT EIGEN_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $0
- Price spread: −0.165% → +0.038%
- −$20.38
- Slippage, 4 orders
- −$75.07
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$115.45
- Costs to cover
- 0.951%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; GRVT: 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 | 2.07 bp | 19.0 bp −$19 | 46.1 bp −$461 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 3 min ago | 4.16 bp | 42.8 bp −$43 | 123.9 bp −$1,239 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange EIGENUSD | −0.0112% | 1h | 0.2404 | 0.000% | $815 | $5K | 10x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | −0.0041% | 1h | 0.2404 | −0.021% | — | $86 | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2407 | +0.114% | $3K | — | 5x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.414% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0085% | 4h | 0.2407 | +0.125% | $346K | $138K | 75x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2406 | +0.087% | $541K | $431K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2407 | +0.146% | $28K | $17K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2408 | +0.166% | $4.7M | $1.5M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2406 | +0.085% | $44K | $29K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2403 | −0.042% | $8.1M | $20.1M | 75x | as long as short |
01 Exchange EIGENUSD
Deribit EIGEN_USDC-PERPETUAL
dYdX EIGEN-USD
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EIGENUSDTlong | +0.0100% | 4h | 0.2404 | long leg | $9.6M | $7.9M | 50x | |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2404 | 0.000% | $1.6M | $5.0M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2405 | +0.042% | $721K | $636K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2403 | −0.042% | $8.7M | $2.2M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2405 | +0.042% | $2.3M | $10.8M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2405 | +0.042% | $1.9M | $1.3M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2405 | +0.042% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2397 | −0.280% | $199K | $152K | — | as long as short |
| GRVT EIGEN_USDT_Perpshort | +0.0100% | 4h | 0.2400 | −0.165% | $191K | $2.1M | 10x | |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2400 | −0.166% | $35K | $236K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2403 | −0.042% | $2K | $1K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2405 | +0.061% | $91K | $496K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0194% / S −0.0568% | 1h | 0.2405 | +0.032% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0200% | 1h | 0.2404 | +0.008% | $42K | $160K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0513% | 1h | 0.2405 | +0.047% | $840 | — | 15x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0682% | 1h | 0.2408 | +0.157% | $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
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