Funding you earn now, next payment 04:00 UTC−0.0178%/8h= −19.5% APRnext payment −$0.89 per $10,000 · paid last 24h −0.072%
Price spread now: Bybit against BloFin−0.109%82s7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$840.837% of the position
Funding, last 7 days−0.609%−$61 on $10k
+Price spread, last 4 days (all we have)−0.025%−$2 · spread now −0.109%, 7d avg −0.027%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.081% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.027%). Swap the legs. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin EIGEN-USDT | 0.2392 | 0.0132 | pay 0.0066% / 4h | 21m 58s | $351K | $113K | 75x |
| Short | Bybit EIGENUSDT | 0.2389 | −0.0047 | pay 0.0023% / 4h | 21m 58s | $9.3M | $7.3M | 50x |
BloFin EIGEN-USDT
Bybit EIGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$37.42
- Price spread: −0.109% → −0.027%
- −$8.12
- Slippage, 4 orders
- −$60.66
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$129.2
- Costs to cover
- 0.837%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 13 min ago; Bybit: live order book, 1 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, 13 min ago | 6.32 bp | 16.8 bp −$17 | 35.9 bp −$359 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.09 bp | 24.6 bp −$25 | 60.0 bp −$600 | 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 EIGENUSDTshort | −0.0047% | 4h | 0.2389 | −0.109% | $9.3M | $7.3M | 50x | |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2391 | −0.062% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2389 | −0.113% | — | $41 | 10x | as long as short |
| 01 Exchange EIGENUSD | +0.0008% | 1h | 0.2391 | −0.042% | $811 | $5K | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.923% | $6 | $6 | 5.5x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2395 | +0.117% | $538K | $504K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2392 | 0.000% | $36K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2391 | −0.042% | $4.6M | $1.7M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2388 | −0.173% | $44K | $37K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2390 | −0.084% | $8.2M | $20.1M | 75x | as long as short |
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
01 Exchange EIGENUSD
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 | 0.2390 | −0.084% | $1.6M | $4.9M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2388 | −0.167% | $728K | $576K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2389 | −0.125% | $8.1M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2390 | −0.084% | $2.4M | $10.1M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2388 | −0.167% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2390 | −0.084% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2388 | −0.165% | $209K | $134K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2388 | −0.180% | $182K | $2.3M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2395 | +0.125% | $35K | $230K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2389 | −0.125% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2390 | −0.079% | $88K | $639K | 10x | as long as short |
| BloFin EIGEN-USDTlong | +0.0132% | 4h | 0.2392 | long leg | $351K | $113K | 75x | |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2389 | −0.123% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0280% | 1h | 0.2393 | +0.025% | $39K | $250K | 50x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0474% | 1h | 0.2391 | −0.051% | $163K | $104K | 20x | as long as short |
| Reya EIGENRUSDPERP | +0.0518% | 1h | 0.2391 | −0.043% | $835 | — | 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
GMX EIGEN/USD [ETH-USDC]
Coinbase International EIGEN-PERP-INTX
Kraken Futures PF_EIGENUSD
Reya EIGENRUSDPERP