EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0096%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h +0.237%

Price spread now: Kraken Futures against Deribit+0.252%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Kraken Futures is 0.252% dearer against Deribit than usual: you sell high and buy low (spread +0.252% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit EIGEN_USDC-PERPETUAL	0.2445	0	get 0.0000% / 1h	25m 48s	—	$86	10x
Short	Kraken Futures PF_EIGENUSD	0.2452	−0.0096	pay 0.0012% / 1h	25m 48s	$176K	$74K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee Kraken FuturesbpOrdersPrice spread, now +0.252%Rate

Funding earned: −$20.25
Price spread: +0.252% → 0.000%: $25.24
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$12.01
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Deribit: no order-book sample; Kraken Futures: live order book, 47 min ago. Net counts fees only.

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 Deribit no order-book sample	—	—	—	—	—
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

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.057%	$829	$5K	10x	as long as short
Kraken Futures PF_EIGENUSDshort	−0.0096%	1h	0.2452	+0.252%	$176K	$74K	20x
dYdX EIGEN-USD	0.0000%	1h	0.2442	−0.139%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUALlong	0.0000%	1h	0.2445	long leg	—	$86	10x
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	−0.303%	$6	$6	5.5x	as long as short
BloFin EIGEN-USDT	+0.0065%	4h	0.2442	−0.139%	$355K	$133K	75x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2452	+0.282%	$558K	$449K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2445	−0.016%	$32K	$18K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2447	+0.049%	$47K	$37K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2447	+0.074%	$8.4M	$20.2M	75x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit EIGENUSDT	+0.0100%	4h	0.2447	+0.065%	$9.7M	$7.6M	50x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2445	−0.016%	$1.7M	$5.0M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2443	−0.098%	$761K	$585K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2447	+0.065%	$8.7M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2445	−0.016%	$2.4M	$10.5M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2447	+0.065%	$1.9M	$1.4M	75x	as long as short
BingX EIGEN-USDC	+0.0100%	4h	0.2446	+0.025%	—	$6.5M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2443	−0.094%	$203K	$118K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2442	−0.140%	$194K	$2.2M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2441	−0.180%	$36K	$238K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2445	−0.016%	$581	$3K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2447	+0.047%	$90K	$639K	10x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0144%	1h	0.2444	−0.049%	$55K	$176K	50x	as long as short
Hyperliquid EIGEN	+0.0144%	1h	0.2455	+0.393%	$4.9M	$1.6M	5x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2445	−0.030%	$2K	—	100x	as long as short
Reya EIGENRUSDPERP	+0.0515%	1h	0.2443	−0.083%	$853	—	15x	as long as short