Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.042%
Price spread now: Binance against Injective−2.231%107s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Binance is 2.231% cheaper against Injective than usual: you would sell low and buy high (spread −2.231% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$223 on $10k: about 4 months of funding at the current rate (+$2 a day). The two prices were read 107 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 | Injective EIGEN/USDC PERP | 0.2438 | 0.0033 | pay 0.0004% / 1h | 55m 32s | $6 | $6 | 5.5x |
| Short | Binance EIGENUSDT | 0.2384 | 0.0100 | get 0.0050% / 4h | 2h 55m | $8.2M | $20.6M | 75x |
Injective EIGEN/USDC PERP
Binance EIGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $14
- Price spread: −2.231% → 0.000%
- −$223.07
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$219.09
- Costs to cover
- 0.100%
- Break-even
- 116.5 days
Slippage unknown: Injective: no order-book sample; Binance: live order book, just now. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, just now | 2.10 bp | 20.4 bp −$20 | 58.3 bp −$583 | 394.2 bp −$39.4K | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0032% | 1h | 0.2382 | −2.297% | $808 | $5K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2384 | −2.231% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2382 | −2.289% | — | $76 | 10x | as long as short |
| Injective EIGEN/USDC PERPlong | +0.0033% | 1h | 0.2438 | long leg | $6 | $6 | 5.5x | |
| ApeX Omni EIGENUSDT | +0.0056% | 1h | 0.2398 | −1.641% | $35K | $237K | 50x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0096% | 1h | 0.2387 | −2.092% | $41K | $218K | 50x | as long as short |
| BloFin EIGEN-USDT | +0.0098% | 4h | 0.2399 | −1.600% | $358K | $125K | 75x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2384 | −2.235% | $36K | $20K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2383 | −2.268% | $44K | $39K | 5x | as long as short |
| Binance EIGENUSDTshort | +0.0100% | 4h | 0.2384 | −2.231% | $8.2M | $20.6M | 75x |
01 Exchange EIGENUSD
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
ApeX Omni EIGENUSDT
Coinbase International EIGEN-PERP-INTX
BloFin EIGEN-USDT
Nado EIGEN-PERP
Aster EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2382 | −2.297% | $9.4M | $7.8M | 50x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2381 | −2.338% | $1.6M | $4.9M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2382 | −2.297% | $738K | $589K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2384 | −2.215% | $8.2M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2383 | −2.256% | $2.3M | $10.4M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2384 | −2.215% | $1.9M | $1.5M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2383 | −2.256% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2381 | −2.353% | $198K | $124K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2396 | −1.723% | $189K | $2.2M | 10x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2382 | −2.297% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2384 | −2.225% | $91K | $640K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2383 | −2.264% | $2K | — | 100x | as long as short |
| Hyperliquid EIGEN | +0.0241% | 1h | 0.2388 | −2.051% | $4.7M | $1.6M | 5x | as long as short |
| Lighter EIGEN | +0.0328% | 1h | 0.2392 | −1.879% | $568K | $473K | 5x | as long as short |
| Reya EIGENRUSDPERP | +0.0515% | 1h | 0.2383 | −2.241% | $832 | — | 15x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0604% | 1h | 0.2385 | −2.175% | $162K | $90K | 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
GRVT EIGEN_USDT_Perp
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
GMX EIGEN/USD [ETH-USDC]
Hyperliquid EIGEN
Lighter EIGEN
Reya EIGENRUSDPERP
Kraken Futures PF_EIGENUSD