Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.012%
Price spread now: KuCoin against Coinbase International+0.037%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1041.039% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 3 days (all we have)−0.129%−$13 · spread now +0.037%, 7d avg −0.029%
=The price spread pays, funding is against you. KuCoin is 0.066% dearer against Coinbase International than usual: you sell high and buy low (spread +0.037% now, against its 7-day average of −0.029%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 7 days (−0.003% in total) that is about 5 months.
| 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 | 10m 35s | $42K | $158K | 50x |
| Short | KuCoin EIGENUSDTM | 0.2405 | 0.0100 | get 0.0050% / 4h | 1h 10m | $2.3M | $10.6M | 50x |
Coinbase International EIGEN-PERP-INTX
KuCoin EIGENUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.037% → −0.029%
- $6.61
- Slippage, 4 orders
- −$81.88
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$118.27
- Costs to cover
- 1.039%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 7 min ago; KuCoin: 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 Coinbase International live order book, 7 min ago | 7.07 bp | 29.8 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 2.08 bp | 34.6 bp −$35 | 234.3 bp −$2,343 | 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 | 0.2402 | −0.087% | $814 | $5K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2407 | +0.108% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2405 | +0.033% | — | $86 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.410% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0064% | 4h | 0.2406 | +0.079% | $348K | $133K | 75x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2408 | +0.150% | $541K | $431K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2408 | +0.162% | $28K | $17K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2410 | +0.245% | $4.7M | $1.5M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2406 | +0.088% | $44K | $29K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2404 | −0.001% | $8.2M | $20.0M | 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 | 0.2403 | −0.046% | $9.6M | $7.8M | 50x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2403 | −0.046% | $1.6M | $4.9M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2403 | −0.046% | $719K | $639K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2403 | −0.046% | $8.6M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTMshort | +0.0100% | 4h | 0.2405 | +0.037% | $2.3M | $10.6M | 50x | |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2404 | −0.004% | $1.8M | $1.3M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2402 | −0.087% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2404 | +0.004% | $200K | $132K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2404 | −0.004% | $185K | $2.1M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2405 | +0.037% | $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 | 0.2403 | −0.046% | $91K | $496K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2405 | +0.057% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTXlong | +0.0200% | 1h | 0.2404 | long leg | $42K | $158K | 50x | |
| Reya EIGENRUSDPERP | +0.0513% | 1h | 0.2406 | +0.061% | $840 | — | 15x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0682% | 1h | 0.2407 | +0.126% | $174K | $68K | 20x | as long as short |
Bybit EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
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]
Reya EIGENRUSDPERP
Kraken Futures PF_EIGENUSD