Funding you earn now, next payment 03:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.013%
Price spread now: Bitget against Coinbase International−0.133%47s7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as 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−$870.873% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)+0.369%+$37 · spread now −0.133%, 7d avg −0.074%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.059% cheaper against Coinbase International than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.074%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.050%, so the current rate has only just turned against you. The two prices were read 47 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 | Coinbase International EIGEN-PERP-INTX | 0.2403 | 0.0280 | pay 0.0035% / 1h | 55m 32s | $40K | $248K | 50x |
| Short | Bitget EIGENUSDT | 0.2400 | 0.0100 | get 0.0050% / 4h | 55m 32s | $1.9M | $1.5M | 75x |
Coinbase International EIGEN-PERP-INTX
Bitget EIGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Coinbase International. 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
- −$37.8
- Price spread: −0.133% → −0.074%
- −$5.89
- Slippage, 4 orders
- −$65.3
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$130.99
- Costs to cover
- 0.873%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; Bitget: live order book, 1 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 Coinbase International live order book, 2 min ago | 8.17 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.16 bp | 29.5 bp −$29 | 84.8 bp −$848 | 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 | −0.0036% | 4h | 0.2399 | −0.175% | $9.3M | $7.4M | 50x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2402 | −0.067% | $3K | — | 5x | as long as short |
| 01 Exchange EIGENUSD | 0.0000% | 1h | 0.2399 | −0.175% | $813 | $5K | 10x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2404 | +0.050% | — | $41 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.448% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0090% | 4h | 0.2392 | −0.466% | $355K | $117K | 75x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2405 | +0.058% | $540K | $504K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2399 | −0.154% | $36K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2403 | −0.008% | $4.7M | $1.7M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2400 | −0.116% | $45K | $39K | 5x | as long as short |
Bybit EIGENUSDT
dYdX EIGEN-USD
01 Exchange EIGENUSD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
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 | 0.2399 | −0.180% | $8.3M | $20.3M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2397 | −0.258% | $1.6M | $4.9M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2398 | −0.216% | $732K | $569K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2400 | −0.133% | $8.1M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2398 | −0.216% | $2.4M | $10.2M | 50x | as long as short |
| Bitget EIGENUSDTshort | +0.0100% | 4h | 0.2400 | −0.133% | $1.9M | $1.5M | 75x | |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2401 | −0.092% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2403 | −0.025% | $195K | $124K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2394 | −0.400% | $186K | $2.3M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2392 | −0.466% | $35K | $230K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2405 | +0.075% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2399 | −0.163% | $90K | $640K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2401 | −0.108% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTXlong | +0.0280% | 1h | 0.2403 | long leg | $40K | $248K | 50x | |
| Kraken Futures PF_EIGENUSD | +0.0471% | 1h | 0.2404 | +0.049% | $164K | $104K | 20x | as long as short |
| Reya EIGENRUSDPERP | +0.0517% | 1h | 0.2398 | −0.224% | $837 | — | 15x | as long as short |
Binance EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
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
Reya EIGENRUSDPERP