Funding you earn now, next payment 21:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h −0.010%
Price spread now: MEXC against Coinbase International−0.247%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$530.528% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 3 days (all we have)+0.129%+$13 · spread now −0.247%, 7d avg −0.041%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.206% cheaper against Coinbase International than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.041%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International EIGEN-PERP-INTX | 0.2389 | 0.0144 | pay 0.0018% / 1h | 2m 46s | $42K | $159K | 50x |
| Short | MEXC EIGEN_USDT | 0.2383 | 0.0100 | get 0.0050% / 4h | 2h 02m | $8.5M | $2.3M | 125x |
Coinbase International EIGEN-PERP-INTX
MEXC EIGEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Coinbase International. 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
- −$9.24
- Price spread: −0.247% → −0.041%
- −$20.63
- Slippage, 4 orders
- −$38.82
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$82.69
- Costs to cover
- 0.528%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 20 min ago; MEXC: live order book, 5 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 Coinbase International live order book, 20 min ago | 0.21 bp | 31.6 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 2.09 bp | 4.1 bp −$4 | 22.3 bp −$223 | 109.1 bp −$10.9K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EIGEN_USDC-PERPETUAL | −0.0128% | 1h | 0.2382 | −0.280% | — | $86 | 10x | as long as short |
| 01 Exchange EIGENUSD | −0.0024% | 1h | 0.2383 | −0.247% | $808 | $5K | 10x | as long as short |
| dYdX EIGEN-USD | 0.0000% | 1h | 0.2384 | −0.211% | $3K | — | 5x | as long as short |
| Injective EIGEN/USDC PERP | +0.0033% | 1h | 0.2438 | +2.055% | $6 | $6 | 5.5x | as long as short |
| BloFin EIGEN-USDT | +0.0060% | 4h | 0.2380 | −0.373% | $348K | $136K | 75x | as long as short |
| Lighter EIGEN | +0.0096% | 1h | 0.2386 | −0.130% | $537K | $436K | 5x | as long as short |
| Nado EIGEN-PERP | +0.0100% | 1h | 0.2384 | −0.184% | $28K | $17K | 3x | as long as short |
| Aster EIGENUSDT | +0.0100% | 4h | 0.2383 | −0.228% | $44K | $29K | 5x | as long as short |
| Binance EIGENUSDT | +0.0100% | 4h | 0.2382 | −0.306% | $8.1M | $20.3M | 75x | as long as short |
| Bybit EIGENUSDT | +0.0100% | 4h | 0.2382 | −0.285% | $9.6M | $8.0M | 50x | as long as short |
Deribit EIGEN_USDC-PERPETUAL
01 Exchange EIGENUSD
dYdX EIGEN-USD
Injective EIGEN/USDC PERP
BloFin EIGEN-USDT
Lighter EIGEN
Nado EIGEN-PERP
Aster EIGENUSDT
Binance EIGENUSDT
Bybit EIGENUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EIGEN-USDT-SWAP | +0.0100% | 4h | 0.2382 | −0.289% | $1.6M | $5.0M | 20x | as long as short |
| Gate EIGEN_USDT | +0.0100% | 4h | 0.2381 | −0.331% | $715K | $678K | 50x | as long as short |
| MEXC EIGEN_USDTshort | +0.0100% | 4h | 0.2383 | −0.247% | $8.5M | $2.3M | 125x | |
| KuCoin EIGENUSDTM | +0.0100% | 4h | 0.2383 | −0.247% | $2.3M | $10.8M | 50x | as long as short |
| Bitget EIGENUSDT | +0.0100% | 4h | 0.2380 | −0.373% | $1.8M | $1.4M | 75x | as long as short |
| BingX EIGEN-USDC | +0.0100% | 4h | 0.2383 | −0.247% | — | $6.5M | — | as long as short |
| Variational Omni EIGEN | +0.0100% | 4h | 0.2377 | −0.482% | $198K | $154K | — | as long as short |
| GRVT EIGEN_USDT_Perp | +0.0100% | 4h | 0.2384 | −0.216% | $186K | $2.1M | 10x | as long as short |
| ApeX Omni EIGENUSDT | +0.0100% | 1h | 0.2383 | −0.247% | $35K | $236K | 50x | as long as short |
| Orderly PERP_EIGEN_USDC_mythos | +0.0100% | 4h | 0.2382 | −0.289% | $2K | $2K | 10x | as long as short |
| Extended EIGEN-USD | +0.0104% | 1h | 0.2383 | −0.266% | $90K | $496K | 10x | as long as short |
| Coinbase International EIGEN-PERP-INTXlong | +0.0144% | 1h | 0.2389 | long leg | $42K | $159K | 50x | |
| GMX EIGEN/USD [ETH-USDC] | L +0.0194% / S −0.0568% | 1h | 0.2383 | −0.255% | $2K | — | 100x | as long as short |
| Hyperliquid EIGEN | +0.0203% | 1h | 0.2386 | −0.121% | $4.7M | $1.5M | 5x | as long as short |
| Kraken Futures PF_EIGENUSD | +0.0314% | 1h | 0.2386 | −0.137% | $172K | $68K | 20x | as long as short |
| Reya EIGENRUSDPERP | +0.0512% | 1h | 0.2382 | −0.274% | $832 | — | 15x | as long as short |
OKX EIGEN-USDT-SWAP
Gate EIGEN_USDT
KuCoin EIGENUSDTM
Bitget EIGENUSDT
BingX EIGEN-USDC
Variational Omni EIGEN
GRVT EIGEN_USDT_Perp
ApeX Omni EIGENUSDT
Orderly PERP_EIGEN_USDC_mythos
Extended EIGEN-USD
GMX EIGEN/USD [ETH-USDC]
Hyperliquid EIGEN
Kraken Futures PF_EIGENUSD
Reya EIGENRUSDPERP