Funding you earn now, next payment 03:00 UTC−0.0196%/8h= −21.5% APRnext payment −$0.25 per $10,000 · paid last 24h −0.170%
Price spread now: Coinbase International against Kraken Futures+0.149%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$1101.096% of the position
Funding, last 7 days−0.435%−$44 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.149%, 7d avg −0.045%
=The price spread pays, funding is against you. Coinbase International is 0.194% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.149% now, against its 7-day average of −0.045%): +$19 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_EIGENUSD | 0.2381 | 0.0476 | pay 0.0060% / 1h | 49m 41s | $162K | $104K | 20x |
| Short | Coinbase International EIGEN-PERP-INTX | 0.2385 | 0.0280 | get 0.0035% / 1h | 49m 41s | $40K | $247K | 50x |
Kraken Futures PF_EIGENUSD
Coinbase International EIGEN-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$41.16
- Price spread: +0.149% → −0.045%
- $19.39
- Slippage, 4 orders
- −$89.59
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$131.37
- Costs to cover
- 1.096%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 8 min ago; Coinbase International: live order book, 8 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, 8 min ago | 6.24 bp | 19.8 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 8 min ago | 8.17 bp | 25.1 bp −$25 | 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 | −0.0070% | 4h | 0.2375 | −0.267% | $9.2M | $7.4M | 50x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2380 | −0.075% | $3K | — | 5x | as long as short |
| 01 Exchange EIGENUSD | 0.0000% | 1h | 0.2382 | +0.027% | $808 | $5K | 10x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2381 | +0.002% | — | $41 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +2.379% | $6 | $6 | 5.5x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2384 | +0.132% | $536K | $504K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2381 | +0.006% | $36K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2384 | +0.111% | $4.6M | $1.7M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2379 | −0.086% | $44K | $39K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2378 | −0.128% | $8.2M | $20.3M | 75x | as long as short |
Bybit EIGENUSDT
dYdX EIGEN-USD
01 Exchange EIGENUSD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2376 | −0.225% | $1.6M | $4.8M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2378 | −0.141% | $725K | $570K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2376 | −0.225% | $8.0M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2379 | −0.099% | $2.3M | $10.1M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2372 | −0.393% | $1.8M | $1.5M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2380 | −0.057% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2381 | −0.011% | $193K | $124K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2395 | +0.553% | $190K | $2.3M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2395 | +0.573% | $35K | $230K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2382 | +0.027% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2378 | −0.136% | $89K | $637K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0117% | 4h | 0.2385 | +0.153% | $353K | $116K | 75x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2382 | +0.048% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTXshort | +0.0280% | 1h | 0.2385 | +0.149% | $40K | $247K | 50x | |
| Kraken Futures PF_EIGENUSDlong | +0.0476% | 1h | 0.2381 | long leg | $162K | $104K | 20x | |
| Reya EIGENRUSDPERP | +0.0517% | 1h | 0.2382 | +0.017% | $831 | — | 15x | as long as short |
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
BloFin EIGEN-USDT
GMX EIGEN/USD [ETH-USDC]
Reya EIGENRUSDPERP