EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0541%/8h= +59.2% APRnext payment +$0.68 per $10,000 · paid last 24h +0.145%

Price spread now: Kraken Futures against Injective−1.413%63s7-day average — · you buy dearer than you sell

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

Long on Injective Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. Kraken Futures is 1.413% cheaper against Injective than usual: you would sell low and buy high (spread −1.413% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$141 on $10k: about 8.7 days of funding at the current rate (+$16 a day). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective EIGEN/USDC PERP	0.2438	0.0033	pay 0.0004% / 1h	53m 34s	$6	$6	5.5x
Short	Kraken Futures PF_EIGENUSD	0.2404	0.0574	get 0.0072% / 1h	53m 34s	$166K	$99K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. 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 InjectivebpFee Kraken FuturesbpOrdersPrice spread, now −1.413%Rate

Funding earned: $113.56
Price spread: −1.413% → 0.000%: −$141.32
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$37.78
Costs to cover: 0.100%
Break-even: 9.3 days

Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 9 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 Injective no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 9 min ago	10.36 bp	40.3 bp −$40	doesn't fit	doesn't fit	doesn't fit

Injective: 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 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	0.2400	−1.576%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2401	−1.526%	—	$41	10x	as long as short
Bybit EIGENUSDT	+0.0022%	4h	0.2399	−1.587%	$9.4M	$7.6M	50x	as long as short
Injective EIGEN/USDC PERPlong	+0.0033%	1h	0.2438	long leg	$6	$6	5.5x
01 Exchange EIGENUSD	+0.0088%	1h	0.2401	−1.518%	$814	$5K	10x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2406	−1.300%	$541K	$504K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2401	−1.518%	$36K	$20K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2401	−1.512%	$45K	$39K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2400	−1.553%	$8.3M	$20.6M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2400	−1.559%	$1.6M	$5.0M	20x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate EIGEN_USDT	+0.0100%	4h	0.2398	−1.641%	$735K	$588K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2400	−1.559%	$8.2M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2400	−1.559%	$2.4M	$10.4M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2399	−1.600%	$1.9M	$1.5M	75x	as long as short
BingX EIGEN-USDC	+0.0100%	4h	0.2399	−1.600%	—	$6.5M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2417	−0.857%	$194K	$124K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2397	−1.682%	$190K	$2.2M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2397	−1.682%	$35K	$231K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2400	−1.559%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2400	−1.566%	$89K	$639K	10x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2399	−1.595%	$2K	—	100x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0208%	1h	0.2405	−1.370%	$41K	$235K	50x	as long as short
Hyperliquid EIGEN	+0.0247%	1h	0.2407	−1.272%	$4.7M	$1.6M	5x	as long as short
Reya EIGENRUSDPERP	+0.0516%	1h	0.2399	−1.594%	$837	—	15x	as long as short
Kraken Futures PF_EIGENUSDshort	+0.0574%	1h	0.2404	−1.413%	$166K	$99K	20x