EIGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0197%/8h= −21.5% APRnext payment −$0.25 per $10,000 · paid last 24h +0.052%

Price spread now: Kraken Futures against Reya+0.141%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Kraken Futures

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

The price spread pays, funding is against you. Kraken Futures is 0.141% dearer against Reya than usual: you sell high and buy low (spread +0.141% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya EIGENRUSDPERP	0.2399	0.0520	pay 0.0065% / 1h	6m 08s	$837	—	15x
Short	Kraken Futures PF_EIGENUSD	0.2402	0.0323	get 0.0040% / 1h	6m 08s	$161K	$112K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Reya. 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 ReyabpFee Kraken FuturesbpOrdersPrice spread, now +0.141%Rate

Funding earned: −$41.32
Price spread: +0.141% → 0.000%: $14.05
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$43.27
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 41 min ago. 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 Reya no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 41 min ago	6.28 bp	36.0 bp −$36	doesn't fit	doesn't fit	doesn't fit

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	−0.0336%	4h	0.2400	+0.049%	$9.3M	$7.2M	50x	as long as short
Deribit EIGEN_USDC-PERPETUAL	−0.0292%	1h	0.2399	−0.014%	—	$41	10x	as long as short
01 Exchange EIGENUSD	−0.0040%	1h	0.2398	−0.035%	$813	$5K	10x	as long as short
dYdX EIGEN-USD	0.0000%	1h	0.2399	−0.013%	$3K	—	5x	as long as short
Injective EIGEN/USDC PERP	+0.0033%	1h	0.2438	+1.633%	$6	$6	5.5x	as long as short
Lighter EIGEN	+0.0096%	1h	0.2405	+0.265%	$540K	$508K	5x	as long as short
Nado EIGEN-PERP	+0.0100%	1h	0.2399	+0.028%	$37K	$20K	3x	as long as short
Hyperliquid EIGEN	+0.0100%	1h	0.2405	+0.257%	$4.6M	$1.7M	5x	as long as short
Aster EIGENUSDT	+0.0100%	4h	0.2400	+0.040%	$44K	$26K	5x	as long as short
Binance EIGENUSDT	+0.0100%	4h	0.2400	+0.045%	$8.1M	$19.9M	75x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX EIGEN-USDT-SWAP	+0.0100%	4h	0.2399	+0.007%	$1.6M	$4.8M	20x	as long as short
Gate EIGEN_USDT	+0.0100%	4h	0.2398	−0.035%	$721K	$583K	50x	as long as short
MEXC EIGEN_USDT	+0.0100%	4h	0.2398	−0.035%	$8.1M	$2.4M	125x	as long as short
KuCoin EIGENUSDTM	+0.0100%	4h	0.2400	+0.049%	$2.4M	$9.9M	50x	as long as short
Bitget EIGENUSDT	+0.0100%	4h	0.2398	−0.035%	$1.8M	$1.4M	75x	as long as short
BingX EIGEN-USDT	+0.0100%	4h	0.2399	+0.007%	—	$1.6M	—	as long as short
Variational Omni EIGEN	+0.0100%	4h	0.2399	+0.010%	$211K	$138K	—	as long as short
GRVT EIGEN_USDT_Perp	+0.0100%	4h	0.2399	+0.020%	$182K	$2.5M	10x	as long as short
ApeX Omni EIGENUSDT	+0.0100%	1h	0.2400	+0.049%	$35K	$231K	50x	as long as short
Orderly PERP_EIGEN_USDC_mythos	+0.0100%	4h	0.2400	+0.049%	$1K	$4K	10x	as long as short
Extended EIGEN-USD	+0.0104%	1h	0.2400	+0.056%	$89K	$722K	10x	as long as short
BloFin EIGEN-USDT	+0.0129%	4h	0.2397	−0.077%	$347K	$114K	75x	as long as short
GMX EIGEN/USD [ETH-USDC]	L +0.0195% / S −0.0568%	1h	0.2398	−0.039%	$2K	—	100x	as long as short
Kraken Futures PF_EIGENUSDshort	+0.0323%	1h	0.2402	+0.141%	$161K	$112K	20x
Coinbase International EIGEN-PERP-INTX	+0.0360%	1h	0.2402	+0.153%	$39K	$272K	50x	as long as short
Reya EIGENRUSDPERPlong	+0.0520%	1h	0.2399	long leg	$837	—	15x