Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.032%
Price spread now: Coinbase International against GRVT+0.524%76s7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$255as 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−$2522.517% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 3 days (all we have)−0.459%−$46 · spread now +0.524%, 7d avg +0.055%
=Together, before fees−0.492%+ Points / potential airdropGRVT: Active · farm board−$49 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: Coinbase International is 0.469% dearer against GRVT than usual: you sell high and buy low, +$47 on $10k if it goes back to its 7-day average of +0.055%. The two prices were read 76 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 | GRVT EIGEN_USDT_Perp | 0.2395 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $185K | $2.2M | 10x |
| Short | Coinbase International EIGEN-PERP-INTX | 0.2407 | 0.0096 | get 0.0012% / 1h | 32m 09s | $41K | $231K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against GRVT. 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
- −$0.84
- Price spread: +0.524% → +0.055%
- $46.86
- Slippage, 4 orders
- −$232.71
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$205.69
- Costs to cover
- 2.517%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 1 min ago; Coinbase International: live order book, 36 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 GRVT live order book, 1 min ago | 2.09 bp | 45.1 bp −$45 | 165.8 bp −$1,658 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 36 min ago | 9.59 bp | 91.2 bp −$91 | doesn't fit | doesn't fit | doesn't fit |
EIGEN on 25 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 | −0.0071% | 4h | 0.2405 | +0.432% | $9.4M | $7.9M | 50x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2404 | +0.362% | $3K | — | 5x | as long as short |
| 01 Exchange EIGENUSD | 0.0000% | 1h | 0.2406 | +0.461% | $816 | $5K | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.798% | $6 | $6 | 5.5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | +0.0041% | 1h | 0.2406 | +0.470% | — | $41 | 10x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2412 | +0.691% | $542K | $505K | 5x | as long as short |
| Coinbase International EIGEN-PERP-INTXshort | +0.0096% | 1h | 0.2407 | +0.524% | $41K | $231K | 50x | |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2407 | +0.503% | $36K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2411 | +0.670% | $4.7M | $1.7M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2406 | +0.457% | $45K | $39K | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance EIGENUSDT | +0.0100% | 4h | 0.2406 | +0.457% | $8.3M | $20.9M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2404 | +0.378% | $1.6M | $5.1M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2405 | +0.420% | $745K | $597K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2406 | +0.461% | $8.3M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2407 | +0.503% | $2.4M | $10.5M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2405 | +0.420% | $1.9M | $1.5M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2404 | +0.378% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2396 | +0.028% | $194K | $129K | — | as long as short |
| GRVT EIGEN_USDT_Perplong | +0.0100% | 4h | 0.2395 | long leg | $185K | $2.2M | 10x | |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2395 | +0.002% | $35K | $239K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2406 | +0.461% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2405 | +0.424% | $89K | $639K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2405 | +0.439% | $2K | — | 100x | as long as short |
| Reya EIGENRUSDPERP | +0.0516% | 1h | 0.2407 | +0.515% | $840 | — | 15x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0599% | 1h | 0.2408 | +0.526% | $164K | $95K | 20x | as long as short |
GRVT EIGEN_USDT_Perp
Coinbase International EIGEN-PERP-INTX
Bybit EIGENUSDT
01 Exchange EIGENUSD
Injective EIGEN/USDC PERP
Deribit EIGEN_USDC-PERPETUAL
Lighter EIGEN
Hyperliquid EIGEN
Aster EIGENUSDT
Binance EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDC
Variational Omni EIGEN
ApeX Omni EIGENUSDT
Extended EIGEN-USD
GMX EIGEN/USD [ETH-USDC]
Kraken Futures PF_EIGENUSD