Funding you earn now, next payment 21:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h +0.010%
Price spread now: Coinbase International against Binance+0.230%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$780.776% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 3 days (all we have)−0.123%−$12 · spread now +0.230%, 7d avg +0.036%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.194% dearer against Binance than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EIGENUSDT | 0.2392 | 0.0100 | pay 0.0050% / 4h | 2h 09m | $8.2M | $20.2M | 75x |
| Short | Coinbase International EIGEN-PERP-INTX | 0.2397 | 0.0144 | get 0.0018% / 1h | 9m 56s | $42K | $160K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Binance. 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
- $9.24
- Price spread: +0.230% → +0.036%
- $19.43
- Slippage, 4 orders
- −$57.57
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$48.9
- Costs to cover
- 0.776%
- Break-even
- 44.0 days
Slippage from Binance: live order book, 1 min ago; Coinbase International: 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 Binance live order book, 1 min ago | 4.18 bp | 16.3 bp −$16 | 48.3 bp −$483 | 1082.8 bp −$108.3K | doesn't fit |
| Sell Coinbase International live order book, 13 min ago | 0.21 bp | 13.1 bp −$13 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange EIGENUSD | −0.0008% | 1h | 0.2394 | +0.084% | $812 | $5K | 10x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | −0.0001% | 1h | 0.2393 | +0.042% | — | $86 | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2394 | +0.079% | $3K | — | 5x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.923% | $6 | $6 | 5.5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2395 | +0.125% | $29K | $16K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2392 | +0.016% | $46K | $29K | 5x | as long as short |
| Binance EIGENUSDTlong | +0.0100% | 4h | 0.2392 | long leg | $8.2M | $20.2M | 75x | |
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2392 | 0.000% | $9.6M | $8.0M | 50x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2391 | −0.042% | $1.6M | $5.0M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2392 | 0.000% | $716K | $674K | 50x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2392 | 0.000% | $8.5M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2393 | +0.042% | $2.3M | $10.8M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2393 | +0.042% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2392 | 0.000% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2393 | +0.060% | $201K | $152K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2402 | +0.418% | $187K | $2.1M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2408 | +0.669% | $35K | $235K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2393 | +0.042% | $2K | $2K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2392 | −0.021% | $91K | $496K | 10x | as long as short |
| Coinbase International EIGEN-PERP-INTXshort | +0.0144% | 1h | 0.2397 | +0.230% | $42K | $160K | 50x | |
| Lighter EIGEN | +0.0152% | 1h | 0.2396 | +0.180% | $540K | $434K | 5x | as long as short |
| BloFin EIGEN-USDT | +0.0158% | 4h | 0.2394 | +0.084% | $349K | $136K | 75x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0194% / S −0.0568% | 1h | 0.2395 | +0.112% | $2K | — | 100x | as long as short |
| Hyperliquid EIGEN | +0.0299% | 1h | 0.2397 | +0.209% | $4.7M | $1.5M | 5x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0312% | 1h | 0.2395 | +0.142% | $173K | $68K | 20x | as long as short |
| Reya EIGENRUSDPERP | +0.0512% | 1h | 0.2394 | +0.088% | $836 | — | 15x | as long as short |
Binance EIGENUSDT
Coinbase International EIGEN-PERP-INTX
01 Exchange EIGENUSD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
Aster EIGENUSDT
Bybit EIGENUSDT
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
Extended EIGEN-USD
Lighter EIGEN
BloFin EIGEN-USDT
GMX EIGEN/USD [ETH-USDC]
Hyperliquid EIGEN
Kraken Futures PF_EIGENUSD