Funding you earn now, next payment 22:00 UTC+0.0482%/8h= +52.7% APRnext payment +$0.60 per $10,000 · paid last 24h +0.203%
Price spread now: Kraken Futures against Coinbase International+0.156%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1471.465% of the position
Funding, last 7 days+0.403%+$40 on $10k
+Price spread, last 3 days (all we have)−0.259%−$26 · spread now +0.156%, 7d avg +0.046%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Kraken Futures is 0.110% dearer against Coinbase International than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International EIGEN-PERP-INTX | 0.2404 | 0.0200 | pay 0.0025% / 1h | 36m 58s | $42K | $161K | 50x |
| Short | Kraken Futures PF_EIGENUSD | 0.2408 | 0.0682 | get 0.0085% / 1h | 36m 58s | $174K | $68K | 20x |
Coinbase International EIGEN-PERP-INTX
Kraken Futures PF_EIGENUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $101.16
- Price spread: +0.156% → +0.046%
- $11
- Slippage, 4 orders
- −$126.53
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$34.37
- Costs to cover
- 1.465%
- Break-even
- 9.4 days
Slippage from Coinbase International: live order book, 46 min ago; Kraken Futures: live order book, 45 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, 46 min ago | 0.21 bp | 31.6 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 45 min ago | 18.60 bp | 42.9 bp −$43 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EIGEN_USDC-PERPETUAL | −0.0124% | 1h | 0.2405 | +0.029% | — | $86 | 10x | as long as short |
| 01 Exchange EIGENUSD | −0.0112% | 1h | 0.2405 | +0.037% | $816 | $5K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2407 | +0.110% | $3K | — | 5x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.410% | $6 | $6 | 5.5x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2408 | +0.175% | $541K | $431K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2406 | +0.079% | $28K | $17K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2411 | +0.287% | $4.7M | $1.5M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2407 | +0.103% | $44K | $29K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2405 | +0.037% | $8.2M | $20.1M | 75x | as long as short |
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2406 | +0.079% | $9.6M | $7.9M | 50x | as long as short |
Deribit EIGEN_USDC-PERPETUAL
01 Exchange EIGENUSD
dYdX EIGEN-USD
Injective EIGEN/USDC PERP
Lighter EIGEN
Nado EIGEN-PERP
Hyperliquid EIGEN
Aster EIGENUSDT
Binance EIGENUSDT
Bybit 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 | 0.2406 | +0.079% | $1.6M | $5.0M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2405 | +0.037% | $721K | $636K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2405 | +0.037% | $8.7M | $2.2M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2407 | +0.121% | $2.3M | $10.7M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2404 | −0.004% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2407 | +0.121% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2406 | +0.088% | $200K | $152K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2407 | +0.132% | $191K | $2.1M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2408 | +0.162% | $35K | $236K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2406 | +0.079% | $2K | $1K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2405 | +0.054% | $91K | $496K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0128% | 4h | 0.2407 | +0.121% | $347K | $138K | 75x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0194% / S −0.0568% | 1h | 0.2406 | +0.077% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTXlong | +0.0200% | 1h | 0.2404 | long leg | $42K | $161K | 50x | |
| Reya EIGENRUSDPERP | +0.0513% | 1h | 0.2405 | +0.055% | $840 | — | 15x | as long as short |
| Kraken Futures PF_EIGENUSDshort | +0.0682% | 1h | 0.2408 | +0.156% | $174K | $68K | 20x |
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
BloFin EIGEN-USDT
GMX EIGEN/USD [ETH-USDC]
Reya EIGENRUSDPERP