Funding you earn now, next payment 04:00 UTC−0.0212%/8h= −23.2% APRpaid last 24h −0.014%
Price spread now: Gate against Coinbase International−0.203%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1061.057% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)+0.149%+$15 · spread now −0.203%, 7d avg −0.054%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.149% cheaper against Coinbase International than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.054%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.048% in total (about 2.5% 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 | 0.2411 | 0.0312 | pay 0.0039% / 1h | 57m 49s | $39K | $252K | 50x |
| Short | Gate EIGEN_USDT | 0.2406 | 0.0100 | get 0.0050% / 4h | 3h 57m | $732K | $564K | 50x |
Coinbase International EIGEN-PERP-INTX
Gate EIGEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$44.52
- Price spread: −0.203% → −0.054%
- −$14.89
- Slippage, 4 orders
- −$80.65
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$165.07
- Costs to cover
- 1.057%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 60 min ago; Gate: live order book, 59 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, 60 min ago | 8.17 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 59 min ago | 2.08 bp | 29.7 bp −$30 | 625.5 bp −$6,255 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2408 | −0.138% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2406 | −0.191% | — | $41 | 10x | as long as short |
| 01 Exchange EIGENUSD | +0.0008% | 1h | 0.2397 | −0.577% | $813 | $5K | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.124% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0062% | 4h | 0.2409 | −0.079% | $355K | $115K | 75x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2412 | +0.033% | $542K | $499K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2407 | −0.162% | $36K | $20K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2412 | +0.046% | $4.6M | $1.7M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2408 | −0.124% | $45K | $37K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2408 | −0.120% | $8.3M | $20.0M | 75x | as long as short |
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
01 Exchange EIGENUSD
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
Lighter EIGEN
Nado EIGEN-PERP
Hyperliquid EIGEN
Aster EIGENUSDT
Binance EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2408 | −0.120% | $9.4M | $7.3M | 50x | as long as short |
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2407 | −0.162% | $1.6M | $4.8M | 20x | as long as short |
| Gate EIGEN_USDTshort | +0.0100% | 4h | 0.2406 | −0.203% | $732K | $564K | 50x | |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2408 | −0.120% | $8.1M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2409 | −0.079% | $2.4M | $10.0M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2407 | −0.162% | $1.9M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2409 | −0.079% | — | $1.6M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2412 | +0.028% | $211K | $134K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2402 | −0.369% | $193K | $2.3M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2403 | −0.328% | $35K | $231K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2407 | −0.162% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2408 | −0.124% | $89K | $637K | 10x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0108% | 1h | 0.2408 | −0.134% | $164K | $105K | 20x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2405 | −0.228% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTXlong | +0.0312% | 1h | 0.2411 | long leg | $39K | $252K | 50x | |
| Reya EIGENRUSDPERP | +0.0518% | 1h | 0.2406 | −0.189% | $840 | — | 15x | as long as short |
Bybit EIGENUSDT
OKX EIGEN-USDT-SWAP
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
Kraken Futures PF_EIGENUSD
GMX EIGEN/USD [ETH-USDC]
Reya EIGENRUSDPERP