EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0647%/8h= −70.9% APRnext payment −$0.81 per $10,000 · paid last 24h −0.173%

Price spread now: Injective against Kraken Futures+1.102%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Injective

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Injective is 1.102% dearer against Kraken Futures than usual: you sell high and buy low (spread +1.102% now, against zero (this spread has no 7-day history yet)): +$110 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 5.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_EIGENUSD	0.2411	0.0681	pay 0.0085% / 1h	38m 21s	$174K	$68K	20x
Short	Injective EIGEN/USDC PERP	0.2438	0.0033	get 0.0004% / 1h	38m 21s	$6	$6	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Kraken Futures. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

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

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee InjectivebpOrdersPrice spread, now +1.102%Rate

Funding earned: −$135.95
Price spread: +1.102% → 0.000%: $110.22
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$35.74
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Kraken Futures: live order book, 44 min ago; Injective: no order-book sample. 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 Kraken Futures live order book, 44 min ago	18.60 bp	59.0 bp −$59	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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	−0.0112%	1h	0.2407	−0.183%	$816	$5K	10x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2407	−0.194%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2407	−0.183%	—	$86	10x	as long as short
Injective EIGEN/USDC PERPshort	+0.0033%	1h	0.2438	+1.102%	$6	$6	5.5x
Lighter EIGEN	+0.0096%	1h	0.2411	−0.026%	$542K	$431K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2409	−0.121%	$28K	$17K	3x	as long as short
Hyperliquid EIGEN	+0.0100%	1h	0.2413	+0.066%	$4.7M	$1.5M	5x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2408	−0.134%	$44K	$29K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2407	−0.183%	$8.2M	$20.1M	75x	as long as short
Bybit EIGENUSDT	+0.0100%	4h	0.2408	−0.158%	$9.7M	$7.9M	50x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2407	−0.183%	$1.6M	$5.0M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2405	−0.266%	$721K	$636K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2407	−0.183%	$8.7M	$2.2M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2408	−0.142%	$2.3M	$10.7M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2407	−0.183%	$1.9M	$1.4M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2407	−0.183%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2406	−0.216%	$200K	$152K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2404	−0.316%	$191K	$2.1M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2404	−0.308%	$35K	$236K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2407	−0.183%	$2K	$1K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2408	−0.145%	$91K	$496K	10x	as long as short
BloFin EIGEN-USDT	+0.0142%	4h	0.2404	−0.308%	$345K	$138K	75x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0194% / S −0.0568%	1h	0.2408	−0.130%	$2K	—	100x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0200%	1h	0.2411	−0.001%	$42K	$161K	50x	as long as short
Reya EIGENRUSDPERP	+0.0513%	1h	0.2408	−0.122%	$841	—	15x	as long as short
Kraken Futures PF_EIGENUSDlong	+0.0681%	1h	0.2411	long leg	$174K	$68K	20x