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

EIGEN

all EIGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: MEXC against Extended−0.012%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$640.643% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%−$1 on $10k
Price spread, last 4 days (all we have)−0.272%−$27 · spread now −0.012%, 7d avg +0.009%
Together, before fees−0.277%+ Points / potential airdropExtended: Active · farm board−$28 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 0.021% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended EIGEN-USD0.23810.0104pay 0.0013% / 1h2m 44s$90K$496K10x
ShortMEXC EIGEN_USDT0.23810.0100get 0.0050% / 4h2h 02m$8.5M$2.3M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Extended. 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
−$0.84
Price spread: −0.012% → +0.009%
−$2.06
Slippage, 4 orders
−$55.33
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$67.24
Costs to cover
0.643%
Break-even
never at this rate
Slippage from Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 20 min ago8.29 bp28.0 bp −$28198.1 bp −$1,981doesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago2.09 bp4.1 bp −$422.3 bp −$223109.1 bp −$10.9Kdoesn'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
Deribit EIGEN_USDC-PERPETUAL−0.0128%1h0.2382+0.038%$8610xas long as short
01 Exchange EIGENUSD−0.0024%1h0.2383+0.072%$808$5K10xas long as short
dYdX EIGEN-USD0.0000%1h0.2384+0.108%$3K5xas long as short
Injective EIGEN/USDC PERP+0.0033%1h0.2438+2.382%$6$65.5xas long as short
BloFin EIGEN-USDT+0.0060%4h0.2380−0.054%$348K$136K75xas long as short
Lighter EIGEN+0.0096%1h0.2385+0.164%$536K$436K5xas long as short
Nado EIGEN-PERP+0.0100%1h0.2384+0.135%$28K$17K3xas long as short
Aster EIGENUSDT+0.0100%4h0.2383+0.091%$44K$29K5xas long as short
Binance EIGENUSDT+0.0100%4h0.2381−0.002%$8.1M$20.3M75xas long as short
Bybit EIGENUSDT+0.0100%4h0.2382+0.038%$9.6M$8.0M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EIGEN-USDT-SWAP+0.0100%4h0.2381−0.012%$1.6M$5.0M20xas long as short
Gate EIGEN_USDT+0.0100%4h0.2381−0.012%$715K$678K50xas long as short
MEXC EIGEN_USDTshort+0.0100%4h0.2381−0.012%$8.5M$2.3M125x
KuCoin EIGENUSDTM+0.0100%4h0.2383+0.072%$2.3M$10.8M50xas long as short
Bitget EIGENUSDT+0.0100%4h0.2380−0.054%$1.8M$1.4M75xas long as short
BingX EIGEN-USDT+0.0100%4h0.2382+0.030%$1.6Mas long as short
Variational Omni EIGEN+0.0100%4h0.2377−0.163%$198K$154Kas long as short
GRVT EIGEN_USDT_Perp+0.0100%4h0.2384+0.103%$186K$2.1M10xas long as short
ApeX Omni EIGENUSDT+0.0100%1h0.2383+0.072%$35K$236K50xas long as short
Orderly PERP_EIGEN_USDC_mythos+0.0100%4h0.2382+0.030%$2K$2K10xas long as short
Extended EIGEN-USDlong+0.0104%1h0.2381long leg$90K$496K10x
Coinbase International EIGEN-PERP-INTX+0.0144%1h0.2389+0.320%$42K$159K50xas long as short
GMX EIGEN/USD [ETH-USDC]L +0.0194% / S −0.0568%1h0.2383+0.064%$2K100xas long as short
Hyperliquid EIGEN+0.0203%1h0.2386+0.198%$4.7M$1.5M5xas long as short
Kraken Futures PF_EIGENUSD+0.0314%1h0.2386+0.182%$172K$68K20xas long as short
Reya EIGENRUSDPERP+0.0512%1h0.2382+0.044%$83215xas long as short