Funding you earn now, next payment 21:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h −0.049%
Price spread now: Coinbase International against BloFin+0.230%58s7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$690.686% of the position
Funding, last 7 days−0.511%−$51 on $10k
+Price spread, last 3 days (all we have)−0.220%−$22 · spread now +0.230%, 7d avg +0.042%
=The price spread pays, funding is against you. Coinbase International is 0.188% dearer against BloFin than usual: you sell high and buy low (spread +0.230% now, against its 7-day average of +0.042%): +$19 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 56 days. At the pace of the last 7 days (−0.511% in total) that is about 2.6 days. The two prices were read 58 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 | BloFin EIGEN-USDT | 0.2392 | 0.0155 | pay 0.0078% / 4h | 2h 07m | $350K | $136K | 75x |
| Short | Coinbase International EIGEN-PERP-INTX | 0.2397 | 0.0144 | get 0.0018% / 1h | 7m 46s | $42K | $160K | 50x |
BloFin EIGEN-USDT
Coinbase International EIGEN-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BloFin. 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
- −$2.35
- Price spread: +0.230% → +0.042%
- $18.81
- Slippage, 4 orders
- −$46.64
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$52.18
- Costs to cover
- 0.686%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 12 min ago; Coinbase International: live order book, 15 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 BloFin live order book, 12 min ago | 4.15 bp | 13.9 bp −$14 | 22.2 bp −$222 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 15 min ago | 0.21 bp | 13.1 bp −$13 | 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 | −0.0016% | 1h | 0.2388 | −0.167% | $810 | $5K | 10x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | −0.0001% | 1h | 0.2390 | −0.071% | — | $86 | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2391 | −0.046% | $3K | — | 5x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.923% | $6 | $6 | 5.5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2390 | −0.063% | $29K | $16K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2390 | −0.101% | $46K | $29K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2388 | −0.167% | $8.1M | $20.1M | 75x | as long as short |
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2389 | −0.125% | $9.6M | $8.0M | 50x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2389 | −0.125% | $1.6M | $5.0M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2390 | −0.084% | $715K | $674K | 50x | as long as short |
01 Exchange EIGENUSD
Deribit EIGEN_USDC-PERPETUAL
dYdX EIGEN-USD
Injective EIGEN/USDC PERP
Nado EIGEN-PERP
Aster EIGENUSDT
Binance EIGENUSDT
Bybit EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2389 | −0.125% | $8.5M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2390 | −0.084% | $2.3M | $10.8M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2387 | −0.209% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2388 | −0.167% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2393 | +0.060% | $201K | $152K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2393 | +0.042% | $187K | $2.1M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2392 | 0.000% | $35K | $235K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2391 | −0.042% | $2K | $2K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2388 | −0.154% | $90K | $496K | 10x | as long as short |
| Lighter EIGEN | +0.0128% | 1h | 0.2392 | +0.008% | $538K | $436K | 5x | as long as short |
| Coinbase International EIGEN-PERP-INTXshort | +0.0144% | 1h | 0.2397 | +0.230% | $42K | $160K | 50x | |
| BloFin EIGEN-USDTlong | +0.0155% | 4h | 0.2392 | long leg | $350K | $136K | 75x | |
| GMX EIGEN/USD [ETH-USDC] | L +0.0194% / S −0.0568% | 1h | 0.2391 | −0.047% | $2K | — | 100x | as long as short |
| Hyperliquid EIGEN | +0.0268% | 1h | 0.2394 | +0.084% | $4.7M | $1.5M | 5x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0313% | 1h | 0.2393 | +0.029% | $172K | $68K | 20x | as long as short |
| Reya EIGENRUSDPERP | +0.0512% | 1h | 0.2390 | −0.090% | $834 | — | 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
Lighter EIGEN
GMX EIGEN/USD [ETH-USDC]
Hyperliquid EIGEN
Kraken Futures PF_EIGENUSD
Reya EIGENRUSDPERP