Funding arb · Price arb /

EGLD

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.042%

Price spread now: Injective against MEXC−16.285%55s7-day average — · you buy dearer than you sell

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

Long on MEXC Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 16.285% cheaper against MEXC than usual: you would sell low and buy high (−$1,629 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 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	MEXC EGLD_USDT	4.3720	0.0100	pay 0.0100% / 8h	7h 58m	$4.0M	$2.3M	125x
Short	Injective EGLD/USDC PERP	3.6600	0.0033	get 0.0004% / 1h	58m 19s	$16	$46K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against MEXC. 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 MEXCbpFee InjectivebpOrdersPrice spread, now −16.285%Rate

Funding earned: −$14
Price spread: −16.285% → 0.000%: −$1,628.55
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$1,646.57
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 4 min ago; Injective: 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 MEXC live order book, 4 min ago	2.29 bp	5.4 bp −$5	15.7 bp −$157	87.9 bp −$8,786	151.1 bp −$75.5K
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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.

EGLD on 12 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
Kraken Futures PF_EGLDUSD	−0.0731%	1h	4.3788	+0.155%	$438K	$563K	20x	as long as short
Injective EGLD/USDC PERPshort	+0.0033%	1h	3.6600	−16.285%	$16	$46K	5.5x
Binance EGLDUSDT	+0.0100%	8h	4.3725	+0.011%	$4.5M	$19.2M	75x	as long as short
Bybit EGLDUSDT	+0.0100%	8h	4.3720	0.000%	$2.5M	$6.4M	75x	as long as short
Gate EGLD_USDT	+0.0100%	8h	4.3810	+0.206%	$447K	$455K	30x	as long as short
MEXC EGLD_USDTlong	+0.0100%	8h	4.3720	long leg	$4.0M	$2.3M	125x
KuCoin EGLDUSDTM	+0.0100%	8h	4.3840	+0.274%	$2.8M	$925K	50x	as long as short
Bitget EGLDUSDT	+0.0100%	8h	4.3770	+0.114%	$2.2M	$3.1M	75x	as long as short
Variational Omni EGLD	+0.0100%	8h	4.3799	+0.181%	$16K	$54K	—	as long as short
BloFin EGLD-USDT	+0.0220%	8h	4.3790	+0.160%	$213K	$554K	75x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX EGLD-USDT	+0.0392%	8h	4.3760	+0.091%	—	$2.8M	—	as long as short
OKX EGLD-USDT-SWAP	+0.0406%	8h	4.3730	+0.023%	$596K	$3.2M	20x	as long as short