Question 1

Which exchange has the highest EIGEN funding rate right now?

Accepted Answer

N1 shows the highest EIGEN funding at +688.13% annualized. A high positive rate means shorts get paid, so this is the venue to short EIGEN when running a funding-arbitrage pair. Rates change every settlement window — check the live screener for the current value.

Question 2

Which exchange is best to long EIGEN for funding?

Accepted Answer

Crypto.com has the lowest EIGEN funding at -35.90% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.

Question 3

What is the best EIGEN funding-arbitrage pair?

Accepted Answer

The widest spread is long Crypto.com / short N1 at about 724.0% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does EIGEN funding settle?

Accepted Answer

EIGEN funding settles on different schedules by venue (1h, 4h). Longer intervals concentrate the same annualized rate into fewer, larger payments. ORBIT normalizes every venue to a common APR so they are directly comparable.

Question 5

Is EIGEN funding positive or negative?

Accepted Answer

EIGEN funding is mixed across venues, ranging -35.90% to +688.13% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current EIGEN perpetual swap funding rate?

Accepted Answer

The current EIGEN perpetual swap funding rate ranges from -35.90% to +688.13% annualized depending on the exchange — Crypto.com is lowest and N1 is highest right now. There is no single EIGEN funding rate: every venue runs its own funding formula and order book, which is why the rate has to be read by exchange rather than as one number.

Question 7

What is the aggregated EIGEN funding rate across exchanges?

Accepted Answer

Aggregated across the 31 venues ORBIT tracks, EIGEN funding currently spans -35.90% to +688.13% APR, a spread of 724.0 percentage points. An aggregated average hides the part that matters for trading — the gap between the cheapest and dearest venue — so the table above lists each exchange separately.

Question 8

How do I read the EIGEN 8h funding rate versus the annualized rate?

Accepted Answer

EIGEN does not settle on an 8-hour schedule on the venues tracked here. Because intervals differ by exchange, comparing raw per-payment rates is misleading; ORBIT normalizes each venue to annualized APR so the numbers are directly comparable.

Exchange	Funding APR↓	Interval	Open Interest↕	Mark Price↕
N1Best Short	+688.13%	1h	$1K	$0.2487
BloFin	+16.67%	4h	$396K	$0.2433
Extended	+11.40%	1h	$40K	$0.2432
Binance Futures	+10.96%	4h	$8.6M	$0.2431
Bybit	+10.96%	4h	$8.3M	$0.2441
Hyperliquid	+10.96%	1h	$1.9M	$0.2442
BingX	+10.96%	4h	$1.3M	$0.243
Bitget	+10.96%	4h	$2.0M	$0.2431
Aster	+10.96%	4h	$61K	$0.2434
WOOFi Pro	+10.96%	4h	$4K	$0.2434
ApeX	+10.96%	1h	$34K	$0.2436
grvt	+10.96%	4h	$187K	$0.2437
Variational	+10.96%	4h	$249K	$0.2429
Toobit	+10.96%	4h	$2.2M	$0.2434
WEEX	+10.96%	4h	—	$0.2431
CoinW	+10.96%	4h	—	$0.2433
LBank	+10.96%	4h	—	$0.244
dreamcash	+10.96%	1h	$1.9M	$0.2442
Ventuals	+10.96%	1h	$1.9M	$0.2442
MEXC	+10.74%	4h	$8.9M	$0.2429
Bitunix	+10.63%	4h	—	$0.2435
Hotcoin	+10.56%	4h	$539K	$0.2428
Pionex	+10.55%	4h	$32K	$0.2427
Lighter	+10.52%	1h	$566K	$0.2431
Gate.io	+3.07%	4h	$362K	$0.2432
dYdX	+0.04%	1h	$2K	$0.2436
OKX	-18.52%	4h	$1.8M	$0.2433
KuCoin	-19.07%	4h	$2.2M	$0.2434
TxFlow	-28.19%	1h	$14K	$0.2432
NADO	-34.56%	1h	$15K	$0.2436
Crypto.comBest Long	-35.90%	1h	$42K	$0.2433

EIGEN Perpetual Swap Funding Rate by Exchange

How EIGEN funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

EIGEN funding rates explained

Frequently asked questions