Funding you earn now, next payment 08:00 UTC−0.0404%/8h= −44.2% APRpaid last 24h −0.027%
Price spread now: BingX against Coinbase International−0.198%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$316as in the Funding arb table
Net, price: spread back to 7d avg − costs−$336as in the Price arb table
costs, in and out, $10k−$3193.186% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)+0.196%+$20 · spread now −0.198%, 7d avg −0.020%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and BingX is 0.178% cheaper against Coinbase International than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.020%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.023% in total (about 1.2% 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 | Coinbase International EIGEN-PERP-INTX | 0.2380 | 0.0504 | pay 0.0063% / 1h | 53m 05s | $39K | $277K | 50x |
| Short | BingX EIGEN-USDC | 0.2375 | 0.0100 | get 0.0050% / 4h | 3h 53m | — | $6.5M | — |
Coinbase International EIGEN-PERP-INTX
BingX EIGEN-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Coinbase International. 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
- −$84.84
- Price spread: −0.198% → −0.020%
- −$17.75
- Slippage, 4 orders
- −$298.63
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$421.22
- Costs to cover
- 3.186%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 45 min ago; BingX: live order book, 12 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 Coinbase International live order book, 45 min ago | 8.85 bp | 74.8 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 4.21 bp | 108.6 bp −$109 | 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 | −0.6312% | 1h | 0.2329 | −2.131% | $790 | $5K | 10x | as long as short |
| Bybit EIGENUSDT | −0.0612% | 4h | 0.2375 | −0.202% | $9.0M | $7.4M | 50x | as long as short |
| Kraken Futures PF_EIGENUSD | −0.0079% | 1h | 0.2377 | −0.105% | $159K | $116K | 20x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2374 | −0.252% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2375 | −0.189% | — | $41 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +2.450% | $6 | $6 | 5.5x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2379 | −0.013% | $535K | $495K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2375 | −0.176% | $36K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2379 | −0.029% | $4.5M | $1.8M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2376 | −0.167% | $44K | $26K | 5x | as long as short |
01 Exchange EIGENUSD
Bybit EIGENUSDT
Kraken Futures PF_EIGENUSD
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
Lighter EIGEN
Nado EIGEN-PERP
Hyperliquid EIGEN
Aster EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance EIGENUSDT | +0.0100% | 4h | 0.2376 | −0.174% | $8.0M | $20.1M | 75x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2373 | −0.282% | $1.6M | $4.7M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2374 | −0.240% | $706K | $590K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2373 | −0.282% | $8.0M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2374 | −0.240% | $2.4M | $9.6M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2373 | −0.282% | $1.8M | $1.3M | 75x | as long as short |
| BingX EIGEN-USDCshort | +0.0100% | 4h | 0.2375 | −0.198% | — | $6.5M | — | |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2374 | −0.256% | $208K | $136K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2371 | −0.353% | $184K | $2.7M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2370 | −0.408% | $34K | $233K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2374 | −0.240% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2374 | −0.225% | $87K | $691K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0149% | 4h | 0.2367 | −0.534% | $348K | $112K | 75x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2375 | −0.202% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTXlong | +0.0504% | 1h | 0.2380 | long leg | $39K | $277K | 50x | |
| Reya EIGENRUSDPERP | +0.0522% | 1h | 0.2376 | −0.164% | $829 | — | 15x | as long as short |
Binance EIGENUSDT
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
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