EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0313%/8h= −34.3% APRnext payment −$0.39 per $10,000 · paid last 24h −0.109%

Price spread now: Coinbase International against Reya+0.076%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Coinbase International is 0.076% dearer against Reya than usual: you sell high and buy low (spread +0.076% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya EIGENRUSDPERP	0.2410	0.0513	pay 0.0064% / 1h	21m 58s	$841	—	15x
Short	Coinbase International EIGEN-PERP-INTX	0.2412	0.0200	get 0.0025% / 1h	21m 58s	$42K	$159K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Reya. 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

Position, each leg$Hold fordaysFee ReyabpFee Coinbase InternationalbpOrdersPrice spread, now +0.076%Rate

Funding earned: −$65.7
Price spread: +0.076% → 0.000%: $7.56
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$74.14
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Coinbase International: live order book, 61 min ago. 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 Reya no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 61 min ago	0.21 bp	13.1 bp −$13	doesn't fit	doesn't fit	doesn't fit

Reya: 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	−0.0120%	1h	0.2408	−0.074%	$817	$5K	10x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2408	−0.092%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2410	−0.007%	—	$86	10x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+1.171%	$6	$6	5.5x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2413	+0.125%	$542K	$431K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2410	+0.009%	$28K	$17K	3x	as long as short
Hyperliquid EIGEN	+0.0100%	1h	0.2415	+0.217%	$4.7M	$1.5M	5x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2410	+0.006%	$44K	$29K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2411	+0.051%	$8.2M	$20.0M	75x	as long as short
Bybit EIGENUSDT	+0.0100%	4h	0.2410	+0.009%	$9.7M	$7.8M	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	0.2412	+0.092%	$1.6M	$5.0M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2408	−0.074%	$721K	$638K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2409	−0.032%	$9.0M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2410	+0.009%	$2.3M	$10.7M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2410	+0.009%	$1.9M	$1.3M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2409	−0.032%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2402	−0.335%	$200K	$132K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2405	−0.198%	$185K	$2.1M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2404	−0.240%	$35K	$236K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2409	−0.032%	$2K	$1K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2410	−0.002%	$91K	$496K	10x	as long as short
BloFin EIGEN-USDT	+0.0141%	4h	0.2407	−0.115%	$347K	$133K	75x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0194% / S −0.0568%	1h	0.2410	+0.019%	$2K	—	100x	as long as short
Coinbase International EIGEN-PERP-INTXshort	+0.0200%	1h	0.2412	+0.076%	$42K	$159K	50x
Reya EIGENRUSDPERPlong	+0.0513%	1h	0.2410	long leg	$841	—	15x
Kraken Futures PF_EIGENUSD	+0.0681%	1h	0.2411	+0.032%	$174K	$68K	20x	as long as short