Funding you earn now, next payment 04:00 UTC+0.0066%/8h= +7.3% APRnext payment +$0.33 per $10,000 · paid last 24h +0.027%
Price spread now: OKX against Bybit−0.050%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$910.906% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now −0.050%, 7d avg +0.038%
=Funding pays, the price is against you. OKX is 0.088% cheaper against Bybit than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of +0.038%). If the spread goes back, that is −$9 on $10k: about 4.4 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EIGENUSDT | 0.2412 | 0.0034 | pay 0.0017% / 4h | 1h 56m | $9.4M | $7.7M | 50x |
| Short | OKX EIGEN-USDT-SWAP | 0.2411 | 0.0100 | get 0.0050% / 4h | 1h 56m | $1.6M | $5.0M | 20x |
Bybit EIGENUSDT
OKX EIGEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $13.91
- Price spread: −0.050% → +0.038%
- −$8.75
- Slippage, 4 orders
- −$69.62
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$85.47
- Costs to cover
- 0.906%
- Break-even
- 50.0 days
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago | 6.26 bp | 23.0 bp −$23 | 178.4 bp −$1,784 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.09 bp | 20.3 bp −$20 | 86.6 bp −$866 | doesn't fit | doesn't fit |
EIGEN on 25 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 | 0.2412 | −0.008% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2417 | +0.187% | — | $41 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.070% | $6 | $6 | 5.5x | as long as short |
| Bybit EIGENUSDTlong | +0.0034% | 4h | 0.2412 | long leg | $9.4M | $7.7M | 50x | |
| Lighter EIGEN | +0.0096% | 1h | 0.2420 | +0.344% | $544K | $504K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2419 | +0.303% | $36K | $20K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2417 | +0.198% | $45K | $39K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2414 | +0.067% | $8.3M | $20.6M | 75x | as long as short |
| OKX EIGEN-USDT-SWAPshort | +0.0100% | 4h | 0.2411 | −0.050% | $1.6M | $5.0M | 20x | |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2415 | +0.116% | $739K | $588K | 50x | as long as short |
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
Lighter EIGEN
Nado EIGEN-PERP
Aster EIGENUSDT
Binance EIGENUSDT
Gate EIGEN_USDTShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2414 | +0.075% | $8.3M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2413 | +0.033% | $2.4M | $10.4M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2414 | +0.075% | $1.9M | $1.5M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2414 | +0.075% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2417 | +0.203% | $194K | $124K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2406 | −0.257% | $191K | $2.2M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2408 | −0.174% | $35K | $231K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2417 | +0.199% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2416 | +0.151% | $89K | $639K | 10x | as long as short |
| 01 Exchange EIGENUSD | +0.0112% | 1h | 0.2420 | +0.323% | $821 | $5K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2418 | +0.235% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0208% | 1h | 0.2418 | +0.253% | $41K | $236K | 50x | as long as short |
| Hyperliquid EIGEN | +0.0221% | 1h | 0.2419 | +0.282% | $4.7M | $1.7M | 5x | as long as short |
| Reya EIGENRUSDPERP | +0.0516% | 1h | 0.2418 | +0.257% | $844 | — | 15x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0571% | 1h | 0.2418 | +0.260% | $167K | $99K | 20x | as long as short |
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
01 Exchange EIGENUSD
GMX EIGEN/USD [ETH-USDC]
Coinbase International EIGEN-PERP-INTX
Hyperliquid EIGEN
Reya EIGENRUSDPERP
Kraken Futures PF_EIGENUSD