Funding you earn now, next payment 23:00 UTC+0.0581%/8h= +63.6% APRpaid last 24h +0.215%
Price spread now: Kraken Futures against OKX+0.100%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1271.274% of the position
Funding, last 7 days+0.374%+$37 on $10k
+Price spread, last 3 days (all we have)−0.153%−$15 · spread now +0.100%, 7d avg +0.098%
=The price spread sits at its 7-day average of +0.098%, so right now this pair is about funding alone: +$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.374% in total (about 19.5% 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 | OKX EIGEN-USDT-SWAP | 0.2409 | 0.0100 | pay 0.0050% / 4h | 1h 05m | $1.6M | $4.9M | 20x |
| Short | Kraken Futures PF_EIGENUSD | 0.2411 | 0.0681 | get 0.0085% / 1h | 5m 58s | $174K | $68K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against OKX. 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
- $121.95
- Price spread: +0.100% → +0.098%
- $0.24
- Slippage, 4 orders
- −$107.4
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$5.21
- Costs to cover
- 1.274%
- Break-even
- 7.3 days
Slippage from OKX: live order book, 2 min ago; Kraken Futures: live order book, 11 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 OKX live order book, 2 min ago | 2.08 bp | 17.5 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 11 min ago | 6.23 bp | 44.4 bp −$44 | 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 | −0.0104% | 1h | 0.2411 | +0.083% | $818 | $5K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2407 | −0.096% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2411 | +0.071% | — | $86 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +1.204% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0089% | 4h | 0.2404 | −0.208% | $347K | $133K | 75x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2413 | +0.149% | $542K | $431K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2410 | +0.062% | $28K | $17K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2414 | +0.208% | $4.7M | $1.5M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2411 | +0.066% | $44K | $29K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2409 | −0.019% | $8.2M | $20.0M | 75x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2408 | −0.042% | $9.6M | $7.7M | 50x | as long as short |
| OKX EIGEN-USDT-SWAPlong | +0.0100% | 4h | 0.2409 | long leg | $1.6M | $4.9M | 20x | |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2407 | −0.083% | $720K | $639K | 50x | as long as short |
| MEXC EIGEN_USDT | +0.0100% | 4h | 0.2409 | 0.000% | $8.7M | $2.3M | 125x | as long as short |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2409 | 0.000% | $2.3M | $10.6M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2408 | −0.042% | $1.8M | $1.3M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2410 | +0.042% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2404 | −0.200% | $200K | $127K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2406 | −0.111% | $185K | $2.1M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2406 | −0.125% | $35K | $236K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2411 | +0.083% | $2K | $1K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2409 | 0.000% | $91K | $496K | 10x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0195% / S −0.0568% | 1h | 0.2411 | +0.095% | $2K | — | 100x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0200% | 1h | 0.2409 | +0.008% | $42K | $158K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0513% | 1h | 0.2412 | +0.117% | $842 | — | 15x | as long as short |
| Kraken Futures PF_EIGENUSDshort | +0.0681% | 1h | 0.2411 | +0.100% | $174K | $68K | 20x |
OKX EIGEN-USDT-SWAP
Kraken Futures PF_EIGENUSD
01 Exchange EIGENUSD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
Lighter EIGEN
Hyperliquid EIGEN
Aster EIGENUSDT
Binance EIGENUSDT
Bybit EIGENUSDT
Gate EIGEN_USDT
MEXC EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDC
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Extended EIGEN-USD
GMX EIGEN/USD [ETH-USDC]
Coinbase International EIGEN-PERP-INTX