Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.035%
Price spread now: Binance against BloFin−0.588%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$660.662% of the position
Funding, last 7 days−0.449%−$45 on $10k
+Price spread, last 4 days (all we have)+0.615%+$62 · spread now −0.588%, 7d avg +0.004%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.593% cheaper against BloFin than usual: you would sell low and buy high (−$59 if the spread goes back to its 7-day average of +0.004%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin EIGEN-USDT | 0.2402 | 0.0125 | pay 0.0063% / 4h | 3h 27m | $355K | $115K | 75x |
| Short | Binance EIGENUSDT | 0.2388 | 0.0100 | get 0.0050% / 4h | 3h 27m | $8.2M | $19.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$5.29
- Price spread: −0.588% → +0.004%
- −$59.27
- Slippage, 4 orders
- −$44.24
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$130.8
- Costs to cover
- 0.662%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Binance: live order book, 14 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 BloFin live order book, 3 min ago | 2.08 bp | 19.3 bp −$19 | 40.2 bp −$402 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 2.09 bp | 18.5 bp −$18 | 43.0 bp −$430 | 414.6 bp −$41.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2395 | −0.311% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2390 | −0.512% | — | $41 | 10x | as long as short |
| Gate EIGEN_USDT | +0.0014% | 4h | 0.2386 | −0.666% | $721K | $569K | 50x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.499% | $6 | $6 | 5.5x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2395 | −0.296% | $539K | $504K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2392 | −0.416% | $37K | $20K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2388 | −0.567% | $44K | $37K | 5x | as long as short |
| Binance EIGENUSDTshort | +0.0100% | 4h | 0.2388 | −0.588% | $8.2M | $19.7M | 75x | |
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2387 | −0.624% | $9.3M | $7.1M | 50x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2387 | −0.624% | $1.6M | $4.8M | 20x | 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 | 0.2389 | −0.541% | $8.0M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2391 | −0.458% | $2.4M | $9.9M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2388 | −0.583% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2389 | −0.541% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2407 | +0.211% | $215K | $135K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2403 | +0.032% | $186K | $2.4M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2406 | +0.167% | $35K | $231K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2390 | −0.500% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2390 | −0.492% | $88K | $642K | 10x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0108% | 1h | 0.2390 | −0.486% | $163K | $104K | 20x | as long as short |
| BloFin EIGEN-USDTlong | +0.0125% | 4h | 0.2402 | long leg | $355K | $115K | 75x | |
| 01 Exchange EIGENUSD | +0.0144% | 1h | 0.2392 | −0.416% | $811 | $5K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2391 | −0.473% | $2K | — | 100x | as long as short |
| Hyperliquid EIGEN | +0.0196% | 1h | 0.2393 | −0.375% | $4.6M | $1.7M | 5x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0312% | 1h | 0.2392 | −0.433% | $39K | $255K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0519% | 1h | 0.2393 | −0.370% | $835 | — | 15x | as long as short |
BloFin EIGEN-USDT
Binance EIGENUSDT
Deribit EIGEN_USDC-PERPETUAL
Gate EIGEN_USDT
Injective EIGEN/USDC PERP
Lighter EIGEN
Aster EIGENUSDT
Bybit EIGENUSDT
OKX EIGEN-USDT-SWAP
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Extended EIGEN-USD
Kraken Futures PF_EIGENUSD
01 Exchange EIGENUSD
GMX EIGEN/USD [ETH-USDC]
Hyperliquid EIGEN
Coinbase International EIGEN-PERP-INTX