EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0484%/8h= +52.9% APRnext payment +$0.60 per $10,000 · paid last 24h +0.079%

Price spread now: Reya against Injective−1.438%52s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 1.438% cheaper against Injective than usual: you would sell low and buy high (spread −1.438% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$144 on $10k: about 9.9 days of funding at the current rate (+$15 a day). The two prices were read 52 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	Injective EIGEN/USDC PERP	0.2438	0.0033	pay 0.0004% / 1h	9m 35s	$6	$6	5.5x
Short	Reya EIGENRUSDPERP	0.2403	0.0517	get 0.0065% / 1h	9m 35s	$839	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee ReyabpOrdersPrice spread, now −1.438%Rate

Funding earned: $101.54
Price spread: −1.438% → 0.000%: −$143.81
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Reya: 3 bp × 2 orders: −$6
Net: −$48.29
Costs to cover: 0.060%
Break-even: 10.3 days

Slippage unknown: Injective: no order-book sample; Reya: no order-book sample. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

Injective and Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 EIGENUSDT	−0.0040%	4h	0.2396	−1.743%	$9.3M	$7.5M	50x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2397	−1.666%	$3K	—	5x	as long as short
Deribit EIGEN_USDC-PERPETUAL	0.0000%	1h	0.2401	−1.509%	—	$41	10x	as long as short
Injective EIGEN/USDC PERPlong	+0.0033%	1h	0.2438	long leg	$6	$6	5.5x
01 Exchange EIGENUSD	+0.0088%	1h	0.2397	−1.682%	$813	$5K	10x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2403	−1.436%	$540K	$504K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2402	−1.456%	$36K	$20K	3x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2402	−1.477%	$45K	$39K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2396	−1.702%	$8.3M	$20.5M	75x	as long as short
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2395	−1.764%	$1.6M	$4.9M	20x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate EIGEN_USDT	+0.0100%	4h	0.2397	−1.682%	$732K	$595K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2396	−1.723%	$8.1M	$2.3M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2402	−1.477%	$2.4M	$10.2M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2398	−1.641%	$1.9M	$1.5M	75x	as long as short
BingX EIGEN-USDC	+0.0100%	4h	0.2398	−1.641%	—	$6.5M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2400	−1.557%	$194K	$124K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2403	−1.436%	$191K	$2.2M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2401	−1.518%	$35K	$230K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2402	−1.477%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2395	−1.748%	$90K	$640K	10x	as long as short
BloFin EIGEN-USDT	+0.0116%	4h	0.2399	−1.600%	$357K	$117K	75x	as long as short
Hyperliquid EIGEN	+0.0124%	1h	0.2404	−1.395%	$4.7M	$1.7M	5x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2401	−1.517%	$2K	—	100x	as long as short
Coinbase International EIGEN-PERP-INTX	+0.0208%	1h	0.2405	−1.354%	$40K	$247K	50x	as long as short
Reya EIGENRUSDPERPshort	+0.0517%	1h	0.2403	−1.438%	$839	—	15x
Kraken Futures PF_EIGENUSD	+0.0574%	1h	0.2403	−1.427%	$164K	$104K	20x	as long as short