Funding you earn now, next payment 23:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h −0.013%
Price spread now: OKX against Coinbase International−0.128%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$840.837% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 3 days (all we have)+0.107%+$11 · spread now −0.128%, 7d avg −0.052%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.075% cheaper against Coinbase International than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.052%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International EIGEN-PERP-INTX | 0.2423 | 0.0160 | pay 0.0020% / 1h | 24m 46s | $42K | $158K | 50x |
| Short | OKX EIGEN-USDT-SWAP | 0.2420 | 0.0100 | get 0.0050% / 4h | 24m 46s | $1.6M | $5.0M | 20x |
Coinbase International EIGEN-PERP-INTX
OKX EIGEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$12.6
- Price spread: −0.128% → −0.052%
- −$7.55
- Slippage, 4 orders
- −$63.66
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$103.8
- Costs to cover
- 0.837%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 53 min ago; OKX: 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 Coinbase International live order book, 53 min ago | 7.07 bp | 29.8 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.06 bp | 18.7 bp −$19 | 195.0 bp −$1,950 | 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 | −0.0104% | 1h | 0.2418 | −0.210% | $820 | $5K | 10x | as long as short |
| Kraken Futures PF_EIGENUSD | −0.0016% | 1h | 0.2425 | +0.093% | $175K | $69K | 20x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2421 | −0.099% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2421 | −0.070% | — | $86 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +0.615% | $6 | $6 | 5.5x | as long as short |
| Bybit EIGENUSDT | +0.0049% | 4h | 0.2421 | −0.087% | $9.7M | $7.7M | 50x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2419 | −0.149% | $32K | $18K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2423 | −0.015% | $46K | $30K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2421 | −0.092% | $8.3M | $20.1M | 75x | as long as short |
| OKX EIGEN-USDT-SWAPshort | +0.0100% | 4h | 0.2420 | −0.128% | $1.6M | $5.0M | 20x |
01 Exchange EIGENUSD
Kraken Futures PF_EIGENUSD
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
Bybit EIGENUSDT
Nado EIGEN-PERP
Aster EIGENUSDT
Binance EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2420 | −0.128% | $732K | $642K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2421 | −0.087% | $8.5M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2421 | −0.087% | $2.3M | $10.5M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2420 | −0.128% | $1.9M | $1.3M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2421 | −0.087% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2429 | +0.253% | $202K | $125K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2429 | +0.250% | $189K | $2.2M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2430 | +0.285% | $36K | $237K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2421 | −0.087% | $2K | $1K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0102% | 4h | 0.2432 | +0.367% | $354K | $134K | 75x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2421 | −0.088% | $92K | $496K | 10x | as long as short |
| Coinbase International EIGEN-PERP-INTXlong | +0.0160% | 1h | 0.2423 | long leg | $42K | $158K | 50x | |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2421 | −0.092% | $2K | — | 100x | as long as short |
| Hyperliquid EIGEN | +0.0435% | 1h | 0.2428 | +0.202% | $4.8M | $1.6M | 5x | as long as short |
| Reya EIGENRUSDPERP | +0.0514% | 1h | 0.2420 | −0.140% | $845 | — | 15x | as long as short |
| Lighter EIGEN | +0.0528% | 1h | 0.2427 | +0.165% | $558K | $443K | 5x | as long as short |
Gate EIGEN_USDT
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
BloFin EIGEN-USDT
Extended EIGEN-USD
GMX EIGEN/USD [ETH-USDC]
Hyperliquid EIGEN
Reya EIGENRUSDPERP
Lighter EIGEN