Funding you earn now, next payment 08:00 UTC+0.0478%/8h= +52.3% APRnext payment +$2.39 per $10,000 · paid last 24h +0.027%
Price spread now: Binance against Bybit0.000%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$760.759% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now 0.000%, 7d avg +0.029%
=Funding pays, the price is against you. Binance is 0.029% cheaper against Bybit than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.029%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.150% in total) that is about 33 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.150% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EIGENUSDT | 0.2395 | −0.0378 | get 0.0189% / 4h | 2h 12m | $9.3M | $7.2M | 50x |
| Short | Binance EIGENUSDT | 0.2395 | 0.0100 | get 0.0050% / 4h | 2h 12m | $8.1M | $19.9M | 75x |
Bybit EIGENUSDT
Binance EIGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $100.33
- Price spread: 0.000% → +0.029%
- −$2.92
- Slippage, 4 orders
- −$54.94
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $21.46
- Costs to cover
- 0.759%
- Break-even
- 5.5 days
Slippage from Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 2.09 bp | 19.6 bp −$20 | 54.7 bp −$547 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 2.11 bp | 18.3 bp −$18 | 46.3 bp −$463 | 459.5 bp −$46.0K | 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 EIGENUSDTlong | −0.0378% | 4h | 0.2395 | long leg | $9.3M | $7.2M | 50x | |
| Deribit EIGEN_USDC-PERPETUAL | −0.0084% | 1h | 0.2394 | −0.025% | — | $41 | 10x | as long as short |
| 01 Exchange EIGENUSD | −0.0048% | 1h | 0.2394 | −0.042% | $812 | $5K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2396 | +0.025% | $3K | — | 5x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.795% | $6 | $6 | 5.5x | as long as short |
| Gate EIGEN_USDT | +0.0074% | 4h | 0.2393 | −0.084% | $720K | $581K | 50x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2400 | +0.209% | $539K | $508K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2395 | +0.021% | $37K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2399 | +0.167% | $4.5M | $1.7M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2395 | +0.017% | $44K | $26K | 5x | as long as short |
Deribit EIGEN_USDC-PERPETUAL
01 Exchange EIGENUSD
dYdX EIGEN-USD
Injective EIGEN/USDC PERP
Gate EIGEN_USDT
Lighter EIGEN
Nado EIGEN-PERP
Hyperliquid EIGEN
Aster EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance EIGENUSDTshort | +0.0100% | 4h | 0.2395 | 0.000% | $8.1M | $19.9M | 75x | |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2394 | −0.042% | $1.6M | $4.8M | 20x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2395 | 0.000% | $7.9M | $2.4M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2395 | 0.000% | $2.4M | $9.9M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2393 | −0.084% | $1.8M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2394 | −0.042% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2393 | −0.079% | $210K | $138K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2392 | −0.125% | $181K | $2.5M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2392 | −0.125% | $35K | $231K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2395 | 0.000% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2394 | −0.035% | $89K | $722K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0124% | 4h | 0.2395 | 0.000% | $346K | $114K | 75x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2395 | +0.008% | $2K | — | 100x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0324% | 1h | 0.2396 | +0.027% | $160K | $112K | 20x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0360% | 1h | 0.2402 | +0.271% | $40K | $270K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0520% | 1h | 0.2395 | −0.006% | $836 | — | 15x | as long as short |
OKX EIGEN-USDT-SWAP
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDC
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
BloFin EIGEN-USDT
GMX EIGEN/USD [ETH-USDC]
Kraken Futures PF_EIGENUSD
Coinbase International EIGEN-PERP-INTX
Reya EIGENRUSDPERP