Funding you earn now, next payment 00:00 UTC+0.0197%/8h= +21.6% APRnext payment +$0.25 per $10,000 · paid last 24h −0.215%
Price spread now: ApeX Omni against Kraken Futures+0.077%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1161.161% of the position
Funding, last 7 days−0.363%−$36 on $10k
+Price spread, last 3 days (all we have)−0.081%−$8 · spread now +0.077%, 7d avg −0.047%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and ApeX Omni is 0.124% dearer against Kraken Futures than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.047%. Mind the row above: over the last 7 days funding on this pair cost −0.363%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_EIGENUSD | 0.2433 | −0.0097 | get 0.0012% / 1h | 58m 29s | $176K | $75K | 20x |
| Short | ApeX Omni EIGENUSDT | 0.2435 | 0.0100 | get 0.0013% / 1h | 58m 29s | $36K | $237K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Kraken Futures. 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
- $41.4
- Price spread: +0.077% → −0.047%
- $12.42
- Slippage, 4 orders
- −$96.07
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$62.24
- Costs to cover
- 1.161%
- Break-even
- 17.5 days
Slippage from Kraken Futures: live order book, 14 min ago; ApeX Omni: live order book, 13 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 Kraken Futures live order book, 14 min ago | 4.13 bp | 28.2 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 13 min ago | 12.42 bp | 27.7 bp −$28 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EIGENUSDT | −0.1137% | 4h | 0.2432 | −0.046% | $9.7M | $7.7M | 50x | as long as short |
| 01 Exchange EIGENUSD | −0.0160% | 1h | 0.2432 | −0.046% | $825 | $5K | 10x | as long as short |
| Kraken Futures PF_EIGENUSDlong | −0.0097% | 1h | 0.2433 | long leg | $176K | $75K | 20x | |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2432 | −0.061% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2431 | −0.087% | — | $86 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +0.201% | $6 | $6 | 5.5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2433 | −0.005% | $32K | $18K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2432 | −0.041% | $48K | $34K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2435 | +0.077% | $8.3M | $20.4M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2431 | −0.087% | $1.7M | $5.1M | 20x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2432 | −0.046% | $735K | $562K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2435 | +0.077% | $8.6M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2433 | −0.005% | $2.4M | $10.6M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2434 | +0.036% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2433 | −0.005% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2432 | −0.039% | $202K | $125K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2435 | +0.076% | $189K | $2.2M | 10x | as long as short |
| ApeX Omni EIGENUSDTshort | +0.0100% | 1h | 0.2435 | +0.077% | $36K | $237K | 50x | |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2430 | −0.128% | $577 | $3K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2433 | −0.015% | $92K | $491K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0121% | 4h | 0.2435 | +0.077% | $352K | $134K | 75x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0144% | 1h | 0.2430 | −0.128% | $55K | $174K | 50x | as long as short |
| Hyperliquid EIGEN | +0.0177% | 1h | 0.2440 | +0.283% | $4.8M | $1.6M | 5x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2436 | +0.104% | $2K | — | 100x | as long as short |
| Lighter EIGEN | +0.0208% | 1h | 0.2438 | +0.188% | $555K | $449K | 5x | as long as short |
| Reya EIGENRUSDPERP | +0.0514% | 1h | 0.2434 | +0.017% | $849 | — | 15x | as long as short |
Kraken Futures PF_EIGENUSD
ApeX Omni EIGENUSDT
Bybit EIGENUSDT
01 Exchange EIGENUSD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
Aster EIGENUSDT
Binance EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDC
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
Extended EIGEN-USD
BloFin EIGEN-USDT
Coinbase International EIGEN-PERP-INTX
Hyperliquid EIGEN
GMX EIGEN/USD [ETH-USDC]
Lighter EIGEN