Funding you earn now, next payment 01:00 UTC−0.0196%/8h= −21.5% APRpaid last 24h +0.227%
Price spread now: Kraken Futures against Bybit+0.183%7-day average +0.117% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1041.038% of the position
Funding, last 7 days+0.527%+$53 on $10k
+Price spread, last 3 days (all we have)−0.172%−$17 · spread now +0.183%, 7d avg +0.117%
=The price spread pays, funding is against you. Kraken Futures is 0.066% dearer against Bybit than usual: you sell high and buy low (spread +0.183% now, against its 7-day average of +0.117%): +$7 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 27 hours. Mind the row above: over the last 7 days funding on this pair paid +0.527%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EIGENUSDT | 0.2447 | 0.0100 | pay 0.0050% / 4h | 3h 25m | $9.7M | $7.6M | 50x |
| Short | Kraken Futures PF_EIGENUSD | 0.2452 | −0.0096 | pay 0.0012% / 1h | 25m 37s | $176K | $74K | 20x |
Bybit EIGENUSDT
Kraken Futures PF_EIGENUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$41.25
- Price spread: +0.183% → +0.117%
- $6.57
- Slippage, 4 orders
- −$82.77
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$138.45
- Costs to cover
- 1.038%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Kraken Futures: live order book, 47 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, 3 min ago | 4.10 bp | 20.7 bp −$21 | 52.9 bp −$529 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 47 min ago | 4.13 bp | 33.4 bp −$33 | 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 | −0.0104% | 1h | 0.2444 | −0.127% | $829 | $5K | 10x | as long as short |
| Kraken Futures PF_EIGENUSDshort | −0.0096% | 1h | 0.2452 | +0.183% | $176K | $74K | 20x | |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2448 | +0.037% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2445 | −0.069% | — | $86 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | −0.372% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0065% | 4h | 0.2442 | −0.208% | $355K | $133K | 75x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2453 | +0.225% | $558K | $449K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2445 | −0.086% | $32K | $18K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2447 | −0.016% | $47K | $37K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2448 | +0.037% | $8.4M | $20.2M | 75x | as long as short |
01 Exchange EIGENUSD
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
Lighter EIGEN
Nado EIGEN-PERP
Aster EIGENUSDT
Binance EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit EIGENUSDTlong | +0.0100% | 4h | 0.2447 | long leg | $9.7M | $7.6M | 50x | |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2445 | −0.086% | $1.7M | $5.0M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2445 | −0.086% | $762K | $585K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2448 | +0.037% | $8.7M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2446 | −0.045% | $2.4M | $10.5M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2448 | +0.037% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2447 | −0.004% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2443 | −0.164% | $203K | $118K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2442 | −0.210% | $194K | $2.2M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2441 | −0.249% | $36K | $238K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2445 | −0.086% | $581 | $3K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2446 | −0.064% | $90K | $639K | 10x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0144% | 1h | 0.2444 | −0.119% | $55K | $176K | 50x | as long as short |
| Hyperliquid EIGEN | +0.0144% | 1h | 0.2455 | +0.323% | $4.9M | $1.6M | 5x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2445 | −0.100% | $2K | — | 100x | as long as short |
| Reya EIGENRUSDPERP | +0.0515% | 1h | 0.2443 | −0.153% | $853 | — | 15x | as long as short |
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
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
Coinbase International EIGEN-PERP-INTX
Hyperliquid EIGEN
GMX EIGEN/USD [ETH-USDC]
Reya EIGENRUSDPERP