Funding you earn now, next payment 08:00 UTC−0.0391%/8h= −42.9% APRnext payment −$1.96 per $10,000 · paid last 24h −0.027%
Price spread now: Bybit against Binance−0.034%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$690.693% of the position
Funding, last 7 days−0.150%−$15 on $10k
+Price spread, last 7 days0.000%$0 · spread now −0.034%, 7d avg −0.029%
=The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.150% in total (about -7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.96 per $10,000. 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 | Binance EIGENUSDT | 0.2369 | 0.0100 | pay 0.0050% / 4h | 1h 35m | $8.0M | $19.9M | 75x |
| Short | Bybit EIGENUSDT | 0.2368 | −0.0291 | pay 0.0146% / 4h | 1h 35m | $9.1M | $7.3M | 50x |
Binance EIGENUSDT
Bybit EIGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- −$82.2
- Price spread: −0.034% → −0.029%
- −$0.48
- Slippage, 4 orders
- −$48.31
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$151.99
- Costs to cover
- 0.693%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Bybit: live order book, 3 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 Binance live order book, 6 min ago | 2.11 bp | 13.6 bp −$14 | 49.8 bp −$498 | 919.8 bp −$92.0K | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.21 bp | 26.5 bp −$26 | 64.7 bp −$647 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit EIGENUSDTshort | −0.0291% | 4h | 0.2368 | −0.034% | $9.1M | $7.3M | 50x | |
| Kraken Futures PF_EIGENUSD | −0.0027% | 1h | 0.2370 | +0.029% | $159K | $113K | 20x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | −0.0003% | 1h | 0.2369 | 0.000% | — | $41 | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2371 | +0.067% | $3K | — | 5x | as long as short |
| 01 Exchange EIGENUSD | +0.0032% | 1h | 0.2369 | 0.000% | $803 | $5K | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +2.913% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0046% | 4h | 0.2371 | +0.084% | $348K | $113K | 75x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2374 | +0.194% | $533K | $503K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2370 | +0.063% | $36K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2374 | +0.211% | $4.5M | $1.7M | 5x | as long as short |
Kraken Futures PF_EIGENUSD
Deribit EIGEN_USDC-PERPETUAL
dYdX EIGEN-USD
01 Exchange EIGENUSD
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
Lighter EIGEN
Nado EIGEN-PERP
Hyperliquid EIGENShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster EIGENUSDT | +0.0100% | 4h | 0.2369 | +0.017% | $44K | $26K | 5x | as long as short |
| Binance EIGENUSDTlong | +0.0100% | 4h | 0.2369 | long leg | $8.0M | $19.9M | 75x | |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2369 | 0.000% | $1.6M | $4.7M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2369 | 0.000% | $712K | $577K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2369 | 0.000% | $8.0M | $2.4M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2370 | +0.042% | $2.4M | $9.9M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2368 | −0.042% | $1.8M | $1.3M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2370 | +0.042% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2368 | −0.039% | $208K | $138K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2373 | +0.169% | $183K | $2.6M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2373 | +0.169% | $35K | $233K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2369 | 0.000% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2369 | +0.002% | $87K | $701K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2369 | +0.001% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0448% | 1h | 0.2371 | +0.084% | $39K | $265K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0520% | 1h | 0.2370 | +0.027% | $827 | — | 15x | as long as short |
Aster EIGENUSDT
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
GMX EIGEN/USD [ETH-USDC]
Coinbase International EIGEN-PERP-INTX
Reya EIGENRUSDPERP