Funding you earn now, next payment 22:00 UTC−0.0480%/8h= −52.5% APRnext payment −$0.60 per $10,000 · paid last 24h −0.203%
Price spread now: Coinbase International against Kraken Futures−0.163%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1371.372% of the position
Funding, last 7 days−0.403%−$40 on $10k
+Price spread, last 3 days (all we have)+0.266%+$27 · spread now −0.163%, 7d avg −0.046%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Coinbase International is 0.117% cheaper against Kraken Futures than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.046%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_EIGENUSD | 0.2416 | 0.0680 | pay 0.0085% / 1h | 4m 09s | $174K | $68K | 20x |
| Short | Coinbase International EIGEN-PERP-INTX | 0.2412 | 0.0200 | get 0.0025% / 1h | 4m 09s | $42K | $159K | 50x |
Kraken Futures PF_EIGENUSD
Coinbase International EIGEN-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Kraken Futures. 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
- −$100.7
- Price spread: −0.163% → −0.046%
- −$11.7
- Slippage, 4 orders
- −$117.16
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$249.55
- Costs to cover
- 1.372%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 13 min ago; Coinbase International: live order book, 14 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 Kraken Futures live order book, 13 min ago | 6.23 bp | 47.2 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 14 min ago | 7.07 bp | 15.8 bp −$16 | 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 | 0.2411 | −0.192% | $818 | $5K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2409 | −0.254% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2414 | −0.068% | — | $86 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +0.926% | $6 | $6 | 5.5x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2417 | +0.040% | $555K | $443K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2414 | −0.068% | $28K | $16K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2418 | +0.098% | $4.7M | $1.5M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2414 | −0.067% | $44K | $29K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2414 | −0.069% | $8.2M | $20.0M | 75x | as long as short |
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2414 | −0.080% | $9.6M | $7.7M | 50x | as long as short |
01 Exchange EIGENUSD
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
Lighter EIGEN
Nado EIGEN-PERP
Hyperliquid EIGEN
Aster EIGENUSDT
Binance EIGENUSDT
Bybit EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2414 | −0.068% | $1.6M | $4.9M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2412 | −0.151% | $725K | $644K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2413 | −0.109% | $8.7M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2414 | −0.068% | $2.3M | $10.6M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2413 | −0.109% | $1.8M | $1.3M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2415 | −0.027% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2408 | −0.309% | $200K | $127K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2406 | −0.385% | $185K | $2.1M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2406 | −0.399% | $35K | $236K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2414 | −0.068% | $2K | $1K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2414 | −0.069% | $91K | $496K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0149% | 4h | 0.2412 | −0.151% | $348K | $134K | 75x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2414 | −0.066% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTXshort | +0.0200% | 1h | 0.2412 | −0.163% | $42K | $159K | 50x | |
| Reya EIGENRUSDPERP | +0.0513% | 1h | 0.2415 | −0.047% | $843 | — | 15x | as long as short |
| Kraken Futures PF_EIGENUSDlong | +0.0680% | 1h | 0.2416 | long leg | $174K | $68K | 20x |
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
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
BloFin EIGEN-USDT
GMX EIGEN/USD [ETH-USDC]
Reya EIGENRUSDPERP