Settings8H · net · $10k
Funding arb · Price arb /

EIGEN

all EIGEN markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h −0.215%
Price spread now: BingX against Kraken Futures−0.203%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$318as in the Funding arb table
Net, price: spread back to 7d avg − costs−$296as in the Price arb table
costs, in and out, $10k−$2822.818% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.359%−$36 on $10k
Price spread, last 3 days (all we have)+0.246%+$25 · spread now −0.203%, 7d avg −0.056%
Together, before fees−0.112%−$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.147% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.203% now, against its 7-day average of −0.056%). If the spread goes back, that is −$15 on $10k: about 4.2 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.359%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_EIGENUSD0.2440−0.0016get 0.0002% / 1h2m 39s$177K$75K20x
ShortBingX EIGEN-USDC0.24350.0100get 0.0050% / 4h2m 39s$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$24.42
Price spread: −0.203% → −0.056%
−$14.68
Slippage, 4 orders
−$261.8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$272.06
Costs to cover
2.818%
Break-even
85.0 days
Slippage from Kraken Futures: live order book, 10 min ago; BingX: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 10 min ago4.13 bp28.2 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 7 min ago6.19 bp107.6 bp −$108doesn't fitdoesn't fitdoesn't fit

EIGEN on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit EIGEN_USDC-PERPETUAL−0.0242%1h0.2439−0.035%$8610xas long as short
01 Exchange EIGENUSD−0.0128%1h0.2434−0.244%$825$5K10xas long as short
Bybit EIGENUSDT−0.0044%4h0.2434−0.244%$9.7M$7.7M50xas long as short
Kraken Futures PF_EIGENUSDlong−0.0016%1h0.2440long leg$177K$75K20x
dYdX EIGEN-USD0.0000%1h0.2441+0.029%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438−0.080%$6$65.5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2436−0.141%$32K$18K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2438−0.098%$46K$34K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2434−0.234%$8.3M$20.4M75xas long as short
OKX EIGEN-USDT-SWAP+0.0100%4h0.2433−0.285%$1.7M$5.1M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EIGEN_USDT+0.0100%4h0.2438−0.080%$737K$650K50xas long as short
MEXC EIGEN_USDT+0.0100%4h0.2436−0.162%$8.6M$2.3M125xas long as short
KuCoin EIGENUSDTM+0.0100%4h0.2439−0.039%$2.4M$10.6M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2437−0.121%$1.9M$1.4M75xas long as short
BingX EIGEN-USDCshort+0.0100%4h0.2435−0.203%$6.5M
Variational Omni EIGEN+0.0100%4h0.2420−0.831%$201K$125Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2438−0.080%$190K$2.2M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2438−0.080%$36K$237K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2439−0.039%$580$3K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2434−0.233%$92K$496K10xas long as short
BloFin EIGEN-USDT+0.0115%4h0.2437−0.121%$353K$134K75xas long as short
Coinbase International EIGEN-PERP-INTX+0.0160%1h0.2439−0.035%$55K$161K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0195% / S −0.0568%1h0.2440−0.007%$2K100xas long as short
Hyperliquid EIGEN+0.0236%1h0.2443+0.125%$4.8M$1.6M5xas long as short
Lighter EIGEN+0.0344%1h0.2441+0.039%$556K$449K5xas long as short
Reya EIGENRUSDPERP+0.0514%1h0.2436−0.171%$85015xas long as short