Funding you earn now, next payment 12:00 UTC+0.0317%/8h= +34.7% APRnext payment +$1.58 per $10,000 · paid last 24h +0.046%
Price spread now: MEXC against Bybit+0.025%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$540.537% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 7 days−0.041%−$4 · spread now +0.025%, 7d avg +0.019%
=The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: +$10 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 0.162% in total (about 8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.58 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EIGENUSDT | 0.2377 | −0.0217 | get 0.0108% / 4h | 1h 59m | $8.9M | $6.8M | 50x |
| Short | MEXC EIGEN_USDT | 0.2378 | 0.0100 | get 0.0050% / 4h | 1h 59m | $8.0M | $2.3M | 125x |
Bybit EIGENUSDT
MEXC EIGEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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
- $66.51
- Price spread: +0.025% → +0.019%
- $0.63
- Slippage, 4 orders
- −$38.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $13.41
- Costs to cover
- 0.537%
- Break-even
- 5.6 days
Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 2 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 Bybit live order book, 2 min ago | 2.10 bp | 21.9 bp −$22 | 71.7 bp −$717 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.10 bp | 4.1 bp −$4 | 17.4 bp −$174 | 111.8 bp −$11.2K | doesn't fit |
EIGEN on 26 exchanges
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 | −0.6376% | 1h | 0.2332 | −1.910% | $791 | $5K | 10x | as long as short |
| Bybit EIGENUSDTlong | −0.0217% | 4h | 0.2377 | long leg | $8.9M | $6.8M | 50x | |
| Kraken Futures PF_EIGENUSD | −0.0088% | 1h | 0.2380 | +0.111% | $159K | $121K | 20x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2377 | +0.002% | $3K | — | 5x | as long as short |
| Deribit EIGEN_USDC-PERPETUAL | 0.0000% | 1h | 0.2379 | +0.046% | — | $41 | 10x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +2.549% | $6 | $6 | 5.5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2380 | +0.109% | $36K | $13K | 3x | as long as short |
| Hyperliquid EIGEN | +0.0100% | 1h | 0.2384 | +0.278% | $4.5M | $1.6M | 5x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2380 | +0.101% | $44K | $26K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2377 | −0.002% | $8.1M | $18.8M | 75x | as long as short |
01 Exchange EIGENUSD
Kraken Futures PF_EIGENUSD
dYdX EIGEN-USD
Deribit EIGEN_USDC-PERPETUAL
Injective EIGEN/USDC PERP
Nado EIGEN-PERP
Hyperliquid EIGEN
Aster EIGENUSDT
Binance EIGENUSDTShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2376 | −0.059% | $1.6M | $4.4M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2378 | +0.025% | $710K | $566K | 50x | as long as short |
| MEXC EIGEN_USDTshort | +0.0100% | 4h | 0.2378 | +0.025% | $8.0M | $2.3M | 125x | |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2379 | +0.067% | $2.6M | $9.3M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2375 | −0.101% | $1.8M | $1.2M | 75x | as long as short |
| BingX EIGEN-USDT | +0.0100% | 4h | 0.2376 | −0.059% | — | $1.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2374 | −0.124% | $216K | $126K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2377 | −0.012% | $183K | $2.9M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2375 | −0.101% | $35K | $230K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2379 | +0.067% | $1K | $4K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2378 | +0.037% | $83K | $684K | 10x | as long as short |
| BloFin EIGEN-USDT | +0.0153% | 4h | 0.2379 | +0.067% | $350K | $115K | 75x | as long as short |
| GMX EIGEN/USD [ETH-USDC] | L +0.0194% / S −0.0568% | 1h | 0.2379 | +0.048% | $2K | — | 100x | as long as short |
| Lighter EIGEN | +0.0432% | 1h | 0.2386 | +0.362% | $560K | $502K | 5x | as long as short |
| Coinbase International EIGEN-PERP-INTX | +0.0488% | 1h | 0.2384 | +0.282% | $40K | $268K | 50x | as long as short |
| Reya EIGENRUSDPERP | +0.0524% | 1h | 0.2378 | +0.042% | $830 | — | 15x | as long as short |
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDT
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
BloFin EIGEN-USDT
GMX EIGEN/USD [ETH-USDC]
Lighter EIGEN
Coinbase International EIGEN-PERP-INTX
Reya EIGENRUSDPERP