Funding you earn now, next payment 08:00 UTC+0.0356%/8h= +39.0% APRpaid last 24h +0.028%
Price spread now: Extended against Bybit−0.023%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1011.008% of the position
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.023%, 7d avg +0.007%
=Together, before fees+0.208%+ Points / potential airdropExtended: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.030% cheaper against Bybit than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of +0.007%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.157% in total) that is about 32 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.157% in total (about 8.2% 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 | Bybit EIGENUSDT | 0.2372 | −0.0252 | get 0.0126% / 4h | 39m 32s | $9.0M | $7.4M | 50x |
| Short | Extended EIGEN-USD | 0.2372 | 0.0104 | get 0.0013% / 1h | 39m 32s | $88K | $693K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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
- $74.81
- Price spread: −0.023% → +0.007%
- −$2.99
- Slippage, 4 orders
- −$84.81
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$28.98
- Costs to cover
- 1.008%
- Break-even
- 9.7 days
Slippage from Bybit: live order book, 4 min ago; Extended: live order book, 63 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 Bybit live order book, 4 min ago | 2.11 bp | 18.5 bp −$18 | 48.8 bp −$488 | doesn't fit | doesn't fit |
| Sell Extended live order book, 63 min ago | 8.42 bp | 28.9 bp −$29 | 156.2 bp −$1,562 | 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 EIGENUSDTlong | −0.0252% | 4h | 0.2372 | long leg | $9.0M | $7.4M | 50x | |
| Kraken Futures PF_EIGENUSD | −0.0103% | 1h | 0.2377 | +0.209% | $159K | $118K | 20x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | −0.0087% | 1h | 0.2376 | +0.152% | — | $41 | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2374 | +0.057% | $3K | — | 5x | as long as short |
| 01 Exchange EIGENUSD | +0.0024% | 1h | 0.2373 | +0.034% | $805 | $5K | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +2.774% | $6 | $6 | 5.5x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2378 | +0.253% | $534K | $500K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2377 | +0.181% | $36K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2380 | +0.329% | $4.5M | $1.7M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2374 | +0.090% | $44K | $26K | 5x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance EIGENUSDT | +0.0100% | 4h | 0.2372 | −0.008% | $8.0M | $20.1M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2372 | −0.008% | $1.6M | $4.7M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2377 | +0.202% | $704K | $599K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2374 | +0.076% | $8.0M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2374 | +0.076% | $2.4M | $9.7M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2374 | +0.076% | $1.8M | $1.3M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2374 | +0.076% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2379 | +0.267% | $209K | $138K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2381 | +0.370% | $191K | $2.7M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2381 | +0.371% | $35K | $232K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2376 | +0.160% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USDshort | +0.0104% | 1h | 0.2372 | −0.023% | $88K | $693K | 10x | |
| BloFin EIGEN-USDT | +0.0148% | 4h | 0.2379 | +0.287% | $346K | $110K | 75x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2376 | +0.172% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0488% | 1h | 0.2379 | +0.291% | $38K | $273K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0521% | 1h | 0.2375 | +0.130% | $829 | — | 15x | as long as short |
Bybit EIGENUSDT
Extended EIGEN-USD
Kraken Futures PF_EIGENUSD
Deribit EIGEN_USDC-PERPETUAL
01 Exchange EIGENUSD
Injective EIGEN/USDC PERP
Lighter EIGEN
Hyperliquid EIGEN
Aster EIGENUSDT
Binance 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
BloFin EIGEN-USDT
GMX EIGEN/USD [ETH-USDC]
Coinbase International EIGEN-PERP-INTX