Funding you earn now, next payment 04:00 UTC+0.0212%/8h= +23.2% APRpaid last 24h +0.015%
Price spread now: Coinbase International against Gate+0.290%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2332.327% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)−0.270%−$27 · spread now +0.290%, 7d avg +0.053%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 0.237% dearer against Gate than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.053%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.044% in total (about -2.3% a year). A funding rate is set anew for every payment. 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 | Gate EIGEN_USDT | 0.2378 | 0.0100 | pay 0.0050% / 4h | 3h 02m | $714K | $578K | 50x |
| Short | Coinbase International EIGEN-PERP-INTX | 0.2385 | 0.0312 | get 0.0039% / 1h | 2m 32s | $41K | $262K | 50x |
Gate EIGEN_USDT
Coinbase International EIGEN-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Gate. 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
- $44.52
- Price spread: +0.290% → +0.053%
- $23.71
- Slippage, 4 orders
- −$207.69
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$164.46
- Costs to cover
- 2.327%
- Break-even
- 32.9 days
Slippage from Gate: live order book, 49 min ago; Coinbase International: live order book, 50 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 Gate live order book, 49 min ago | 4.15 bp | 32.7 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 50 min ago | 8.66 bp | 97.0 bp −$97 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2382 | +0.151% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2383 | +0.214% | — | $41 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +2.523% | $6 | $6 | 5.5x | as long as short |
| Bybit EIGENUSDT | +0.0048% | 4h | 0.2377 | −0.042% | $9.2M | $7.1M | 50x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2384 | +0.257% | $536K | $507K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2379 | +0.063% | $37K | $20K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2382 | +0.150% | $44K | $37K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2377 | −0.042% | $8.2M | $19.6M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2377 | −0.042% | $1.6M | $4.7M | 20x | as long as short |
| Gate EIGEN_USDTlong | +0.0100% | 4h | 0.2378 | long leg | $714K | $578K | 50x |
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
Bybit EIGENUSDT
Lighter EIGEN
Nado EIGEN-PERP
Aster EIGENUSDT
Binance EIGENUSDT
OKX EIGEN-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2378 | 0.000% | $8.0M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2381 | +0.126% | $2.4M | $9.9M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2378 | 0.000% | $1.8M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2378 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2385 | +0.298% | $213K | $135K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2384 | +0.240% | $192K | $2.4M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2385 | +0.294% | $35K | $231K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2384 | +0.252% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2377 | −0.037% | $91K | $729K | 10x | as long as short |
| Hyperliquid EIGEN | +0.0109% | 1h | 0.2383 | +0.210% | $4.5M | $1.7M | 5x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0109% | 1h | 0.2383 | +0.220% | $159K | $107K | 20x | as long as short |
| 01 Exchange EIGENUSD | +0.0120% | 1h | 0.2377 | −0.042% | $806 | $5K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0127% | 4h | 0.2383 | +0.210% | $352K | $115K | 75x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2378 | +0.017% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTXshort | +0.0312% | 1h | 0.2385 | +0.290% | $41K | $262K | 50x | |
| Reya EIGENRUSDPERP | +0.0519% | 1h | 0.2378 | 0.000% | $830 | — | 15x | as long as short |
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
Hyperliquid EIGEN
Kraken Futures PF_EIGENUSD
01 Exchange EIGENUSD
BloFin EIGEN-USDT
GMX EIGEN/USD [ETH-USDC]
Reya EIGENRUSDPERP