Settings8H · net · $10k
Funding arb · Price arb /

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget−0.125%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$490.489% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 7 days+0.092%+$9 · spread now −0.125%, 7d avg +0.035%
Together, before fees+0.076%+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.161% cheaper against Bitget than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EIGENUSDT0.23930.0100pay 0.0050% / 4h1h 51m$1.9M$1.4M75x
ShortMEXC EIGEN_USDT0.23900.0100get 0.0050% / 4h1h 51m$8.6M$2.2M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. 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

Funding earned
$0
Price spread: −0.125% → +0.035%
−$16.06
Slippage, 4 orders
−$32.9
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$64.96
Costs to cover
0.489%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago6.27 bp21.0 bp −$2151.2 bp −$512doesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago2.09 bp4.1 bp −$417.6 bp −$176124.3 bp −$12.4Kdoesn't fit

EIGEN on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange EIGENUSD−0.0120%1h0.23930.000%$811$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2396+0.116%$3K5xas long as short
Deribit EIGEN_USDC-PERPETUAL0.0000%1h0.2393+0.013%$8610xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+1.880%$6$65.5xas long as short
Lighter EIGEN+0.0096%1h0.2397+0.155%$539K$430K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2392−0.021%$28K$17K3xas long as short
Hyperliquid EIGEN+0.0100%1h0.2397+0.167%$4.7M$1.5M5xas long as short
Aster EIGENUSDT+0.0100%4h0.2395+0.067%$44K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2391−0.084%$8.1M$20.2M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2392−0.042%$9.6M$8.0M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2391−0.084%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.23930.000%$718K$635K50xas long as short
MEXC EIGEN_USDTshort+0.0100%4h0.2390−0.125%$8.6M$2.2M125x
KuCoin EIGENUSDTM+0.0100%4h0.2395+0.084%$2.3M$10.8M50xas long as short
Bitget EIGENUSDTlong+0.0100%4h0.2393long leg$1.9M$1.4M75x
BingX EIGEN-USDC+0.0100%4h0.2390−0.125%$6.5Mas long as short
Variational Omni EIGEN+0.0100%4h0.2394+0.054%$199K$154Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2398+0.209%$187K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2396+0.125%$35K$236K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.23930.000%$2K$2K10xas long as short
Extended EIGEN-USD+0.0104%1h0.2393+0.015%$91K$496K10xas long as short
BloFin EIGEN-USDT+0.0126%4h0.23930.000%$346K$137K75xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2392−0.023%$2K100xas long as short
Coinbase International EIGEN-PERP-INTX+0.0200%1h0.2402+0.384%$42K$160K50xas long as short
Reya EIGENRUSDPERP+0.0512%1h0.2393−0.012%$83515xas long as short
Kraken Futures PF_EIGENUSD+0.0685%1h0.2397+0.156%$173K$68K20xas long as short