Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: GRVT against Coinbase International−0.685%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1221.216% of the position
Funding, last 7 days+0.035%+$3 on $10k
+Price spread, last 3 days (all we have)+0.603%+$60 · spread now −0.685%, 7d avg −0.058%
=Together, before fees+0.638%+ Points / potential airdropGRVT: Active · farm board+$64 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GRVT is 0.627% cheaper against Coinbase International than usual: you would sell low and buy high (−$63 if the spread goes back to its 7-day average of −0.058%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International EIGEN-PERP-INTX | 0.2402 | 0.0200 | pay 0.0025% / 1h | 54m 48s | $42K | $160K | 50x |
| Short | GRVT EIGEN_USDT_Perp | 0.2386 | 0.0100 | get 0.0050% / 4h | 1h 54m | $186K | $2.1M | 10x |
Coinbase International EIGEN-PERP-INTX
GRVT EIGEN_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$21
- Price spread: −0.685% → −0.058%
- −$62.69
- Slippage, 4 orders
- −$102.56
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$205.25
- Costs to cover
- 1.216%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 28 min ago; GRVT: 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 Coinbase International live order book, 28 min ago | 0.21 bp | 31.6 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 4 min ago | 4.20 bp | 47.2 bp −$47 | 67.9 bp −$679 | 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 | −0.0080% | 1h | 0.2399 | −0.133% | $813 | $5K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2400 | −0.102% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2400 | −0.096% | — | $86 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.490% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0067% | 4h | 0.2386 | −0.674% | $345K | $137K | 75x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2404 | +0.075% | $541K | $430K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2399 | −0.112% | $28K | $17K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2405 | +0.117% | $4.7M | $1.5M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2399 | −0.125% | $44K | $29K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2400 | −0.095% | $8.1M | $20.3M | 75x | 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 EIGEN
Aster EIGENUSDT
Binance EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2401 | −0.071% | $9.6M | $8.0M | 50x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2401 | −0.050% | $1.6M | $5.0M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2398 | −0.175% | $720K | $634K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2400 | −0.092% | $8.5M | $2.2M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2400 | −0.092% | $2.3M | $10.8M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2399 | −0.133% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2401 | −0.050% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2394 | −0.329% | $199K | $154K | — | as long as short |
| GRVT EIGEN_USDT_Perpshort | +0.0100% | 4h | 0.2386 | −0.685% | $186K | $2.1M | 10x | |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2388 | −0.591% | $35K | $236K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2400 | −0.092% | $2K | $2K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2399 | −0.116% | $90K | $496K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0194% / S −0.0568% | 1h | 0.2399 | −0.131% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTXlong | +0.0200% | 1h | 0.2402 | long leg | $42K | $160K | 50x | |
| Reya EIGENRUSDPERP | +0.0512% | 1h | 0.2400 | −0.112% | $838 | — | 15x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0683% | 1h | 0.2403 | +0.032% | $173K | $68K | 20x | as long as short |
Bybit EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
GMX EIGEN/USD [ETH-USDC]
Reya EIGENRUSDPERP
Kraken Futures PF_EIGENUSD